The former Solicitor General Donald B. Verrilli has raised serious accusations against US regulators, accusing them of intentionally stifling the crypto industry through debanking practices. These allegations were made in a joint amicus brief filed on July 3 with Paul Clement, another former Solicitor General, pointing to bipartisan concerns about the regulatory environment for digital
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In a recent statement on July 4th, the European Banking Authority (EBA) announced updates to their Travel Rule guidelines. This update now includes regulations for crypto service providers and intermediaries in the European Union. Starting on December 30, 2024, all crypto exchanges operating within the EU will be required to adhere to the Travel Rule
RETROBLOCK is setting the stage for a new era in gaming with its ambitious GameFi platform. This platform aims to completely revolutionize the retro gaming scene by incorporating elements of competition, interaction, and rewards. Offering players a unique gaming experience unlike any other, RETROBLOCK is making waves in the industry. One of the standout features
In a groundbreaking move, Double Jump.Tokyo, a prominent blockchain application developer in Japan, has revealed an exciting partnership with Ubisoft. This collaboration aims to provide web3 integration support and enhance marketing efforts for Ubisoft’s new web3 game, Champions Tactics, in the Asian market. Champions Tactics: Grimoria Chronicles is a cutting-edge PVP Tactical RPG game for
The impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox has significantly stirred market anxiety. This amount, representing 0.68% of the total Bitcoin supply, is slated for distribution among the creditors of the exchange, which ceased operations in 2014 due to a major hacking event. The distribution process has already seen large
Samuel Edyme, also known by his intriguing nickname HIM-buktu, is a multi-talented individual with a diverse skill set. As a web3 content writer, journalist, and aspiring trader, Edyme has established himself as a prominent figure in the crypto space. Through his work with reputable platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter, he has showcased
Recently, South Korea’s Financial Supervisory Service (FSS) has announced its plans to tighten oversight of crypto trading platforms under its jurisdiction in order to eliminate fraudulent transactions. This move comes as part of the country’s efforts to establish a more secure and transparent environment for cryptocurrency trading. In a notice released on July 4, the
As Bitcoin continues to face volatility and fluctuation in its price, crypto expert Michael van de Poppe has identified a crucial indicator that suggests a potential bounce for the flagship cryptocurrency. After a recent dip below $60,000, Van de Poppe highlighted in a social media post that Bitcoin’s CME gap has closed, indicating a shift
The Bitcoin network is currently displaying signs of miner capitulation. This phase is characterized by miners either shutting down their operations or selling off a portion of their Bitcoin reserves. Following the recent halving, the network hash rate has decreased by 7.7% from its peak on April 27. This decline indicates that less efficient miners
DraftKings, a well-known online sportsbook operator, is currently facing legal challenges, including a lawsuit related to its NFTs. Recently, a US District Judge in Massachusetts made a ruling that denied DraftKings’ motion to dismiss a class action lawsuit concerning its NFTs. This particular decision has the potential to have widespread implications for how NFTs are