Dalmas Ngetich, a seasoned crypto reporter, has made a significant impact on the crypto industry with his unique perspective and expertise. With a specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, Dalmas stands out in the field. His background in mechanical engineering and over a decade of experience in journalism has equipped him
Impact
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
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 More than $133 million were withdrawn from the largest financial vehicles, causing a ripple effect in the market.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
In recent developments, the once-defunct cryptocurrency exchange Mt. Gox has begun repaying creditors impacted by the 2014 hack. This move has sparked interest and speculation within the crypto community, particularly regarding the potential impact on the market. Initially, there were concerns among crypto investors that the repayment of Bitcoin and Bitcoin Cash to Mt. Gox
Crypto exchange Bitstamp has taken a significant step towards returning recovered digital assets to creditors of the now-defunct Mt. Gox exchange. This development marks a crucial milestone in the decade-long struggle to compensate those impacted by the notorious 2014 hack that eventually led to the collapse of Mt. Gox. Bitstamp is just one of the