Two prominent crypto companies, Coinbase and Revolut, recently found themselves on opposite ends of the spectrum when it came to dealing with the UK authorities. The UK’s Financial Conduct Authority (FCA) imposed a fine of £3.5 million ($4.5 million) on CB Payments Limited (CBPL), a subsidiary of Coinbase Group, for violations related to Anti-Money Laundering
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Getting started with OKX Racer is a breeze. To begin, users must first register on the OKX exchange. Once registration is complete, users can easily connect their account with OKX to unlock exciting features and rewards. The user-friendly interface of the OKX Racer mini-app allows newcomers to navigate the platform effortlessly and start predicting Bitcoin
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing for quite some time now. With the trial phase starting in April 2024, the case has seen both parties presenting necessary information and documents, adhering to court rules, and waiting for a resolution. Despite being in its final
The second day of trading for the spot Ethereum ETFs painted a different picture compared to the initial excitement. More than $133 million were withdrawn from the largest financial vehicles, causing a ripple effect in the market. The price of the underlying asset, Ethereum, reacted with a significant drop of 10% in just one day.
The crypto industry has been facing various challenges under the current administration, as discussed by Andreessen Horowitz founders Ben Horowitz and Marc Andreessen. They openly criticized the Biden-Harris Administration’s handling of the cryptocurrency sector, pointing out regulatory hurdles that are hindering innovation and growth. The lack of clear guidance from the Securities and Exchange Commission
Dalmas, a seasoned crypto reporter, has been able to bring a unique perspective to the industry through his specialization in NFTs, blockchain, DeFi, and blockchain news. With a background in mechanical engineering and over a decade of experience in journalism, Dalmas has crafted over 10,000 news and feature articles over the past eight years. His
The Machines Arena Play-to-Airdrop (P2A) campaign is designed to engage users through a gamified reward system that offers lucrative returns. Players can earn points by participating in various activities both inside and outside the game. To get started, players need to register on the official Machines Arena website and purchase a VIP membership. This campaign
Cynthia Lummis recently released a report opposing the Biden administration’s proposed 30% excise tax on the energy consumed by Bitcoin miners. Lummis argues that this tax could have severe repercussions on the growing Bitcoin mining industry in the U.S. She believes that the concerns about environmental pollution and risks to the energy grid are unfounded
BitcoinOS (BOS) developers recently achieved a monumental milestone in blockchain history by successfully verifying the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain. This breakthrough paves the way for significantly enhanced scalability and functionality for Bitcoin without the need for modifications to its underlying consensus code. The final verification of the ZK proof took place
Recently, the Russian State Duma passed a bill legalizing Bitcoin mining and allowing the use of cryptocurrency for international trade. This bill, which has been in the works for a few years, is expected to come into effect on September 1st, pending final approval. The legislation aims to address the challenges faced by Russian banks