ALTAVA, a renowned digital fashion company, has recently joined forces with Play TOZ, a Web3 division of WEMADE PLAY, to enhance the TOZ Universe, a vibrant Web3 Metaverse community. This collaboration aims to blend digital fashion with user engagement within the expansive virtual world of TOZ Universe. At the core of the TOZ Universe are
Recent on-chain data indicates that Tether, the largest stablecoin issuer globally, has increased its Bitcoin holdings significantly. Specifically, Tether acquired 8,888 Bitcoin on March 31, bringing its total holdings to nearly 75,400 BTC. This move solidifies Tether as one of the largest Bitcoin holders in the market, surpassing even some of the most prominent crypto
The popular Solana meme coin DogWifHat (WIF) is currently facing a tough time as it has tumbled by 17% in the last 24 hours, trading at $3.69 at the time of writing. This decline is part of a broader market pullback that has also affected market leaders Bitcoin and Ethereum, with both experiencing a 5%
Singapore has been making significant changes to its Payments Service Act (PSA) to enhance its oversight of the crypto industry and provide better protection for users. These amendments are part of Singapore’s ongoing efforts to establish itself as a cryptocurrency-friendly hub while ensuring that investor protection remains a top priority. The MAS recently introduced three
As the Bitcoin Halving rapidly approaches, the countdown begins with less than 2,900 blocks left before miners’ rewards are cut in half. Coinwarz data indicates that the Bitcoin Halving is scheduled to occur on April 19 at Block 840,000. Although this projection is based on Bitcoin’s current block time average, the Halving may happen a
In March 2024, the blockchain security firm PeckShield released a report that highlighted a troubling trend in the crypto space. Despite an overall improvement in investor sentiment, the report revealed that there were over 30 incidents of crypto hacks during the month, resulting in approximately $187.29 million in losses. This surge in hacks has raised
Coinbase CFO Alesia Haas recently expressed her belief that Ethereum (ETH) should not be classified as a security. She pointed out that both the SEC and the CFTC have previously stated the same opinion. Haas emphasized that the lack of regulatory clarity surrounding cryptocurrencies in the US is at the core of the classification issue.
Argentina recently introduced new regulations aimed at the country’s cryptocurrency sector, requiring all local crypto firms to register with the regulatory body or face potential shutdown. This move comes after the senate passed legislation approving the Registry of Virtual Asset Service Providers in alignment with the Financial Action Task Force’s recommendations. The goal behind these
Many market analysts are currently fixated on Bitcoin as the Bitcoin Halving approaches, anticipating further price increases for the leading cryptocurrency. However, crypto analyst Jason Pizzino has recently drawn attention to altcoins such as Ethereum (ETH) and Solana (SOL), suggesting that these coins may be poised for significant gains in the near future. Pizzino’s analysis
Bitwise Asset Management, a prominent provider of cryptocurrency index funds, is advocating for the U.S. Securities and Exchange Commission (SEC) to postpone the approval of a spot Ethereum Exchange-Traded Fund (ETF) until December. This strategic move aims to shift the industry’s focus from Bitcoin-related products to highlight the potential and significance of Ethereum in the