Impact

The Financial Conduct Authority (FCA) in the UK has recently released guidelines addressing meme-based marketing for financial products, targeting both financial services firms and social media influencers. The aim is to ensure transparency and prevent misleading marketing practices in regards to cryptocurrencies and other investments. The FCA’s guidelines emphasize the importance of obtaining approval from
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The ongoing surge in the price of Bitcoin has been attributed to the accumulation trend observed among large whale addresses. However, recent on-chain data reveals that this accumulation trend has also extended to the next cohort of traders known as “Sharks.” These addresses hold between 100 BTC and 1,000 BTC and have recently accumulated a
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Following the devastating earthquakes in Turkey on February 6, the Binance Women in Technology Academy, in partnership with the Women in Technology Association (Wtech), has redirected its focus towards the southern province of Hatay. Specifically, the Academy organized a two-day program on March 26-27 in Hatay’s Antakya district with the goal of empowering young female
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The hacker who stole $11.6 million from Prisma Finance’s decentralized finance (DeFi) protocol has claimed that the exploit was a “whitehat rescue” in on-chain messages. This term refers to hackers who use their skills to find security vulnerabilities in software code. The attacker sent a message six hours after the hack, stating that the intention
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The recent allegations against major cryptocurrency exchange KuCoin and its founders for failing to implement anti-money laundering (AML) and know-your-customer (KYC) procedures have sparked controversy within the crypto community. This article will delve into the details of the accusations, the implications for KuCoin and its founders, as well as the impact on the cryptocurrency market.
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