The United Arab Emirates (UAE) is demonstrating its commitment to combatting money laundering and terrorist financing by updating its Anti-Money Laundering (AML) and sanctions rules. The Financial Services Regulatory Authority (FSRA) has announced new provisions specifically targeting digital assets. This move aligns the UAE with international standards, notably the Financial Action Task Force’s (FATF) Travel
The music industry is constantly evolving, with artists seeking innovative ways to share and monetize their creations. In a groundbreaking partnership, Sound has teamed up with BASE, an Ethereum layer 2 platform developed by Coinbase, to revolutionize the music landscape using blockchain technology. This collaboration holds immense potential for artists who are looking to explore
The PancakeSwap community has put forward a proposal to decrease the overall supply cap of its native token, CAKE. With a current circulating supply of approximately 388 million, this proposal suggests reducing the total supply limit from 750 million to 450 million. The aim is to establish a maximum cap of 450 million for the
The XRP network has recently witnessed a series of significant transactions, indicating the involvement of influential market participants known as whales. These large transfers, each valued at over $10.9 million, have caught the attention of cryptocurrency enthusiasts and investors. Analyzing the behavior of whale entities can provide valuable insights into the market dynamics and potential
The altcoin market is gaining attention as crypto market analyst behind the popular YouTube channel Crypto Banter shares his bullish outlook on this digital currency sector. In a video posted on Dec. 21, the analyst highlights the altcoin market cap, excluding Bitcoin (BTC) and Ethereum (ETH), breaking above crucial resistance levels. This breakthrough, according to
As Near Protocol experiences a significant surge in price, traders are left wondering if it’s too late to buy into this blockchain project. In recent months, NEAR protocol has witnessed a staggering 132% growth in active users, making it the most active blockchain in terms of active addresses across all Web3 blockchains. The current market
Oasys, a leading blockchain platform in the gaming industry, has announced a strategic partnership aimed at improving the interoperability of Web3 games. By collaborating with Datachain and TOKI, Oasys aims to create a more connected and functional gaming environment within its ecosystem. This partnership aligns with Oasys’ “Dragon Update” and is the first step towards
Yellow Network, a peer-to-peer Layer3 network, has recently introduced its beta testnet along with an exclusive incentive program. This program aims to select eligible testers who will participate in network activities and receive rewards in return. By launching a closed beta followed by an open testnet, Yellow Network plans to eventually implement the mainnet version
In the world of decentralized exchanges (DEX), the trend of explosive token moves has gained significant attention in recent months. One of the latest tokens to capture the imagination of traders is CHEEBS, a Solana-based meme coin. With a current market price of $0.000215, CHEEBS has experienced a staggering 24-hour change of +675%. The token’s
Former FTX CEO Sam Bankman-Fried has been denied his request for an adjourned sentencing hearing, according to a recent court filing. Bankman-Fried’s legal team had requested a delay of four to six weeks, pushing the sentencing date into May 2024. However, Judge Lewis Kaplan denied the request, stating that Bankman-Fried had already been granted one