The European Parliament’s recent approval of new Anti-Money Laundering Regulations (AMLR) has significant implications for Crypto Asset Service Providers (CASP) in Europe. These regulations require CASPs to implement stringent Know Your Customer (KYC) procedures to combat money laundering effectively. The new laws also include enhanced due diligence measures and checks on customers’ identity, in addition
The gaming industry is experiencing a monumental shift with the emergence of blockchain technology and decentralized gaming platforms. Beam, a gaming-focused subnet on the Avalanche Network, is at the forefront of this evolution. By providing a fast and secure platform for game development and deployment, Beam is reshaping gaming experiences for both players and developers.
Changpeng ‘CZ’ Zhao, co-founder and former CEO of Binance, recently submitted a letter of apology to the court on April 24. This came after he pleaded guilty to criminal charges earlier this year. In the letter, Zhao expressed regret for his poor decisions and accepted full responsibility for his actions. He acknowledged that he should
Bitcoin’s price experienced fluctuations leading up to the Bitcoin Halving event, but it has since rebounded significantly, reaching $66,000. This surge has sparked optimistic predictions from top crypto analysts about the future trajectory of the coin. Captain Faibik, a prominent cryptocurrency analyst and trader, has made a bold prediction that Bitcoin could potentially hit $100,000
Recent reports indicate that Nigerian authorities are ramping up their efforts to crack down on crypto trading in the country. This crackdown specifically targets peer-to-peer (P2P) platforms such as OKX, Binance, KuCoin, and Bybit. A circulating circular on social media platform X has outlined the directives issued by the Central Bank of Nigeria (CBN) regarding
The cryptocurrency market is seeing a surge in meme coins such as Bonk Inu, dogwifhat, and others, with significant price increases being recorded. However, the leaders of the meme coin sector, Dogecoin and Shiba Inu, are showing more modest gains compared to their counterparts. This disparity in performance among meme coins is indicative of the
As of April 23, 2024, the cryptocurrency market has been relatively quiet with most major coins trading sideways within recent ranges. Bitcoin (BTC) was stagnant in the $66,000s, while Ether (ETH), Solana (SOL), and BNB (BNB) showed slight increases. The day also saw traditional markets, like the S&P 500, rebounding over 1% on strong earnings
Charles Hoskinson, the visionary founder of Cardano, has recently shifted his focus towards the world of blockchain gaming. With the unveiling of his latest project, Voyager: Ascension, Hoskinson is poised to make a significant impact on the gaming industry. This collaboration between his company Input Output Global (IOG) and RFLXT marks a new chapter for
The Cardano (ADA) price is currently facing challenges as it drops out of the global top 10 crypto rankings. ADA is currently trading above $0.50, down by 3% for the day. Despite a 25% increase from recent lows, ADA is still down over 20% monthly and more than 15% yearly. Other major cryptocurrencies like Bitcoin
In recent reports, it has been revealed that Venezuela’s state-owned oil and gas company PDVSA is planning to accelerate the use of cryptocurrency, particularly USDT, to bypass US sanctions. The company has gradually started integrating USDT for oil sales since 2023. Moreover, PDVSA now has a new policy in place that mandates new customers to