In a historic move, Crypto.com, the Singapore-based cryptocurrency exchange, has solidified a groundbreaking partnership with the prestigious Union of European Football Associations (UEFA) Champions League. This partnership marks a significant milestone as Crypto.com becomes the official global sponsor of the UEFA Champions League, setting a new standard in the world of sports sponsorships. This exclusive
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The recent settlement between Binance and the Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, sheds light on the consequences of unlicensed derivatives trading in the country. This agreement comes after a year-long investigation into Binance’s activities, culminating in a hefty fine of $1.76 million. The CVM had previously ordered Binance to cease its unauthorized
Coinbase recently submitted a comment letter to the US Securities and Exchange Commission (SEC), where it highlighted significant flaws in the agency’s cost-benefit analysis of the proposed rule. The crypto exchange argued that the SEC has not adequately evaluated the rule’s economic impact on efficiency, competition, and capital formation. Despite recognizing a lack of crucial
European investment company CoinShares recently announced impressive financial results for the second quarter of 2024. The company’s revenue more than doubled compared to the same period in 2023. According to the earnings report, CoinShares achieved a revenue of £22.5 million ($28.5 million) in Q2 2024, showing a 110% year-over-year growth from the £10.7 million ($13.5
Delving into the realm of cryptocurrency was not the initial plan for Opeyemi, but it has become a captivating journey for him over the past two years. As he immerses himself in the digital asset industry, Opeyemi takes pride in unraveling the complexities of blockchain technology and staying updated on the latest trends in the
OKX CEO, Star Xu, recently issued a warning to users about the potential risks associated with interacting with the sanctioned crypto mixer, Tornado Cash. He emphasized that deposits from sanctioned entities such as Garantex and Tornado Cash, or withdrawals to these entities, could trigger compliance risks and ultimately lead to account suspension. Xu highlighted the
Coinbase, one of the leading cryptocurrency exchanges, has taken a bold stance against the US Commodities Futures Trading Commission (CFTC) proposal that could potentially harm prediction markets like Polymarket. The Chief Legal Officer of Coinbase, Paul Grewal, criticized the proposal for its vague definition of “gaming” and its failure to acknowledge the positive economic impact
Recent predictions by crypto trader Peter Brandt have sparked optimism within the crypto community. Brandt boldly predicts that Bitcoin could soar to new all-time highs of $90,000, despite the recent downtrend in the cryptocurrency’s price. Brandt’s approach to analyzing the market focuses on possibilities rather than probabilities or certainties. By avoiding over-dependence on assumptions, Brandt
The Binance CEO, Richard Teng, recently announced that Binance experienced record inflows and one of its highest trading volumes in the face of a jittery market. Amidst the macroeconomic climate and a market downturn on August 5th, Binance saw a net inflow of $1.2 billion in just 24 hours. This information was sourced from DefiLlama’s
A recent bill presented in the Senate aims to enhance the investigative powers of the US Secret Service when it comes to probing crimes related to cryptocurrency. Senators Catherine Cortez Masto and Chuck Grassley are leading this bipartisan initiative to address the escalating threats posed by transnational cybercriminal activities. The bill specifically targets unlicensed money-transmitting