The rapid growth and complexity of the digital assets sector have prompted the Hong Kong Securities and Futures Professionals Association (HKSFPA) to advocate for the establishment of independent self-regulatory organizations (SROs). This initiative aims to enhance the regulatory landscape to support innovation, security, and ethical practices within the industry. The HKSFPA Proposal In response to
The Kenyan authorities are preparing to extradite Nadeem Anjarwalla, a Binance executive who is being sought by the Nigerian government. Anjarwalla was captured in Kenya over the weekend after a joint operation involving various agencies such as the Economics and Financial Crimes Commission (EFCC), Nigeria Police Force, Kenya Police Service, Federal Bureau of Investigation (FBI),
The inclusion of Bitcoin futures in the offerings of B3, a prominent Brazilian stock exchange, has created a significant buzz in the cryptocurrency community. The debut of Bitcoin futures on April 17 was met with an overwhelming response, indicating a growing interest among Brazilian investors in cryptocurrency derivatives. On the first day of trading Bitcoin
FTX creditors have been urged to take part in the bankruptcy estate’s upcoming auction of its remaining Solana token holdings. This auction, organized by Figure CEO Mike Cagney, presents a unique opportunity for retail investors impacted by the exchange’s collapse. Unlike previous token sales to venture capital firms, this auction allows participation with a minimum
The completion of the fourth Bitcoin halving event has brought significant challenges for miners in terms of profitability. With the reduction of block rewards from 6.25 BTC to 3.125 BTC, miners are now producing fewer assets daily. This decreased output has put pressure on miners to rely more on transaction fees and higher BTC prices
The world of transportation has long been plagued by various challenges that drivers face on a daily basis. From fluctuating gas prices to inefficient transaction processes, the landscape of mobility has been characterized by frustration and uncertainty. Commuters, road-trip enthusiasts, and environmentally-conscious drivers have all felt the impact of these issues, making it difficult to
As the crypto markets show signs of recovery, it is crucial to pay attention to the upcoming economic calendar events in the United States. These events have the potential to fuel momentum for the bears, impacting market sentiment and ultimately influencing price movements in the crypto space. One of the key events to watch this
The recent Bitcoin halving event has been eagerly awaited by many in the cryptocurrency community. This event, which occurs every four years, has a profound effect on the crypto market as a whole. But what does the Bitcoin halving mean for the world of gaming, especially in the realm of Web3 gaming? Increased Demand for
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC), recently made a significant move in the NFT space. The company decided to burn 4,295 HV-MTL NFTs, representing 14% of the total supply. This decision was made in response to the acquisition of two gaming IPs by the blockchain gaming studio Faraway. By reducing
The MiCA regulation, set to reshape the crypto industry, is an essential step by the European Union towards regulating the crypto-asset market. As the crypto landscape evolves, companies in this sector need to prioritize compliance with MiCA to ensure a smooth transition. MiCA brings a wave of changes that companies operating in the crypto space