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
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Ripple is leveraging a recent court ruling regarding Binance’s BNB token to push back against severe penalties imposed by the SEC for the sale of XRP, citing the lack of regulatory clarity in the crypto space. The company believes that the ruling on Binance’s case supports their stance that the alleged illegal sales of XRP
Bitcoin’s price has experienced a 15% decrease since reaching an all-time high of over $73,500 in mid-March. Despite this decline, various indicators suggest that a new bull run may be on the horizon. The Fear and Greed Index, a measure of investor sentiment ranging from 0 to 100, recently entered “fear” and neutral territory for
Sony Group, a prominent conglomerate in Japan, has made headlines with its recent acquisition of Amber Japan. This move will see Sony taking ownership of Amber Japan’s WhaleFin exchange, which will be rebranded as S.BLOX Co. The statement released on July 1 highlighted Sony’s plans to revamp the exchange’s UI screen and introduce a new
The Blast Network has emerged as a key player in the world of web3, offering a unique solution among the many Ethereum Layer 2 (L2) platforms. Launched by the creators of the Blur NFT marketplace, Blast Network’s mainnet, known as Blast Mainnet, was unveiled in February 2024 to tackle the challenges of high transaction fees
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges and opportunities for regulators across the globe. One of the largest government bodies to tackle this issue is the European Union, which has implemented the Markets in Crypto-Assets regulation (MiCAR). However, a critical gap has emerged in the
The latest analysis from CryptoQuant highlights several key on-chain metrics that could indicate a potential bottoming out of the bitcoin price and a resurgence in cryptocurrency prices. One of the crucial signals to watch is the Bitcoin Bull-Bear Market Cycle indicator, which is currently showing that the market is at its least bullish state since
Kraken founder Jesse Powell made headlines recently after donating $1 million, primarily in Ethereum, to support former US President Donald Trump’s re-election bid. Powell stated that the donation was intended to help the US maintain its leadership position in blockchain technology. His decision to support Trump, who has shown a more favorable stance towards crypto,
The latest addition to the collectibles space is “Solo Leveling: Unlimited”, an NFT platform based on the popular South Korean web novel and webtoon, Solo Leveling. This innovative platform, developed by Singapore-based Web3 company OtherWorld, merges entertainment and blockchain technology on the Avalanche blockchain. Revolutionizing NFT Transactions What sets “Solo Leveling: Unlimited” apart is its
Illuvium Open Beta is on the horizon, set to be released on July 25, 2024, exclusively through the Epic Games Store for PC. This highly anticipated game has been in the works since 2020, bringing together elements from different gaming genres to create a truly unique and immersive experience. The team behind Illuvium has shown