The former Solicitor General Donald B. Verrilli, who previously served during the Obama administration, has accused US regulators of deliberately stifling the crypto industry through debanking practices. Verrilli, who now holds the position of Grayscale Investments’ senior legal strategist, made these accusations in a joint amicus brief filed with Paul Clement, the former Solicitor General
The European Banking Authority (EBA) has recently made significant updates to its Travel Rule guidelines that now include crypto service providers and intermediaries. This move, announced in a statement on July 4, sets a deadline of December 30, 2024, for crypto exchanges in the European Union to adhere to the new guidelines referred to as
Taiwan Mobile, the second-largest telecom operator in Taiwan, has taken a bold step by applying for a license to operate as a Virtual Asset Service Provider (VASP). The company’s General Manager, Lin Zhichen, has been named as the person in charge, solidifying Taiwan Mobile’s position in the crypto market. This move signifies the company’s commitment
RETROBLOCK is a GameFi platform that aims to breathe new life into the retro gaming scene through a unique blend of competition, interaction, and rewards. One of the standout features of RETROBLOCK is the upcoming launch of the Synth City Genesis NFT Collection, which will consist of 1001 distinct items that embody various archetypes within
In a groundbreaking move, Double Jump.Tokyo, a prominent blockchain application developer in Japan, has recently announced a strategic partnership with gaming giant Ubisoft. This collaboration is set to revolutionize the gaming industry by merging traditional gameplay with the innovative web3 integration. The partnership aims to introduce a new era of gaming experiences for players in
The recent plummet in the Bitcoin price has left many investors shocked, with a significant 7.8% drop occurring in just the past 24 hours. A key factor behind this dramatic fall is the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This distribution, representing 0.68% of the total Bitcoin supply, has
In the past 24 hours, the cryptocurrency market has experienced a significant downturn, with the total market capitalization dropping to $2.07 trillion, marking an 8.6% decline. One of the major casualties of this market correction is Bitcoin, the leading cryptocurrency, which saw its price fall below $54,000 for the first time since February. This sharp
The asset management firm Bitwise has recently made amendments to its S-1 registration with the SEC in order to list and trade shares of a spot Ether exchange-traded fund (ETF). This move comes in response to SEC Chair Gary Gensler’s statement regarding the potential approval of spot Ether ETFs by summer 2024. While some analysts
In the midst of the ongoing turbulence in the cryptocurrency market, Ethereum (ETH) has not been immune to the bloodbath. With a significant 9% price decline over the past week, ETH is now hovering around the $3,130 mark. This has raised concerns among market participants, who are closely monitoring the situation for potential further declines.
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse skill set. Starting as a web3 content writer, journalist, and aspiring trader, Edyme has carved a niche for himself in the crypto universe. Despite facing setbacks early on, such as falling victim to a Ponzi scheme, Edyme persisted and used his experiences