The crypto industry has been experiencing a significant shift away from the UK in recent years, with many firms attributing this move to burdensome regulatory processes. According to a report by the Financial Times, registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have dropped by more than
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Ethereum co-founder Vitalik Buterin has once again caused a stir in the crypto community by transferring a significant amount of ETH. According to a report from Lookonchain, Buterin moved 800 ETH, valued at $2.01 million, to a multisig wallet. Shortly after, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged to
The past week has been a rollercoaster ride for Bitcoin and other altcoins in the cryptocurrency market. Bitcoin started the week on a high note, soaring past $65,000 on Monday morning. However, the euphoria was short-lived as the price took a sharp downturn, losing over seven thousand dollars by Wednesday afternoon. The bulls made an
The Nigerian Securities and Exchange Commission (SEC) has recently granted two local crypto exchanges, Busha Digital Limited and Quidax, “Approval-in-Principle” to commence operations under the Accelerated Regulatory Incubation Program (ARIP). These approvals are part of the SEC’s efforts to promote innovation while ensuring investor protection within the digital asset space. The ARIP was designed to
Floki Inu (FLOKI) recently experienced a significant drop in price, leading to a loss of nearly 20% in value. This decline resulted in FLOKI losing its position among the top 5 meme coins, with its market capitalization falling to $1.23 billion. Surprisingly, Bonk Inu (BONK) managed to surpass Floki Inu, claiming the fifth spot with
Blowfish Studios, the esteemed game studio under Animoca Brands, is currently hard at work developing an innovative PvP game known as DarkTimes that is set to revolutionize the gaming industry. Inspired by Nordic mythology, DarkTimes immerses players into a dark and fantastical world filled with fast-paced combat and RPG elements. Unlike traditional battle royale games,
Elon Musk, the CEO of Tesla Inc., recently faced a high-profile lawsuit with allegations of price manipulation involving Dogecoin (DOGE), a meme-based cryptocurrency. A group of Dogecoin holders filed the lawsuit in June 2022, accusing Musk and his company of using social media and public statements to inflate the token’s price artificially. The lawsuit claimed
Recently, both Binance and Bybit have dropped hints about launching new products related to Solana. This has led to speculation within the crypto community about the possibility of these exchanges entering the Solana liquid staking market. Binance’s official X account posted a cryptic message with “BNSOL” followed by “coming soon,” while Bybit announced the introduction
Cardano (ADA) has been facing significant challenges in terms of price growth over the past few years, despite being a well-known altcoin in the cryptocurrency space. These struggles have left many wondering why Cardano has not been able to keep up with other major cryptocurrencies in terms of price appreciation. Insights into Cardano’s Potential Crypto
Many cryptocurrency traders are constantly on the lookout for the perfect time to buy Bitcoin, hoping to time the market bottom for maximum profit. In the pursuit of this goal, various indicators are used by crypto analysts to predict the best entry point for purchasing this leading cryptocurrency. One crypto analyst, R.N. Elliot, has recently