Industry News

The contact Parliament’s approval of extensive Anti-Money Laundering (AML) legislation represents a significant milestone in enhancing regulatory oversight within the digital currency space across the contact Union (EU). This groundbreaking legislation, which has obtained preliminary approval from both the contact Council and Parliament, carries profound implications for cryptocurrency transactions throughout the EU. Prohibition of Cryptocurrency…

Hedera Hashgraph Joins UK Cryptoasset Business Council: A Strategic Move in the Rapidly Evolving Cryptocurrency Landscape In a move to strengthen its position in the rapidly evolving cryptocurrency industry, Hedera Hashgraph, the team behind the HBAR token, has recently announced its membership in the UK Cryptoasset Business Council (UKCBC). This strategic decision reflects Hedera’s commitment…

In the ever-evolving landscape of global finance, the United States has amplified its surveillance efforts, particularly regarding Russia’s cryptocurrency activities. This heightened vigilance stems from a growing concern that digital currencies like Bitcoin and Tether are being used as covert weapons in sophisticated influence operations. Let’s delve deeper into this intricate web of deception: two…

Persona 3 Reload fans have been eagerly waiting for the upcoming Episode Aigis: The Answer DLC, a new expansion that promises to enrich the gaming experience with an extensive list of fresh features. Recently, developers have given us a sneak peek into what this highly-anticipated DLC has in store for players. New and exciting content…

PlayStation Enthusiasts and Horror Aficionados Unite: Prepare to be Thrilled by the Upcoming Title, “Crow Country” A Nostalgic Journey into the World of “Crow Country” The gaming community, particularly those who hold a special place in their hearts for PlayStation and horror genres, are in for an unforgettable experience as the latest title, “Crow Country,”…

Rumors of Star Xu’s Arrest by American Authorities: A Direct Response from the OKX Founder The cryptocurrency world was abuzz with rumors regarding the arrest of Star Xu, the founder of OKX, one of the largest offshore exchanges. These unsubstantiated claims emerged on various platforms, causing a ripple effect across the community. In response to…

The United Arab Emirates (UAE) has cemented its role as a major player in the global cryptocurrency investment sector, with recent reports revealing substantial gains made by local investors in 2023. According to data from a leading blockchain analytics firm, UAE investors amassed capital gains totaling $204 million from their cryptocurrency ventures last year. Unprecedented…

Adam Davies’ Unapologetic Stance Amid Three Arrows Capital’s Bankruptcy: A Troubled Entrepreneurial History and Evasion of Legal Consequences Adam Davies, the co-founder of the now-bankrupt Singaporean hedge fund Three Arrows Capital (3AC), continues to stir controversy following the fund’s collapse. In a recent episode of the Unchained podcast on March 19, Davies reiterated his lack…

The contact Union (EU) is encountering a substantial challenge in creating a robust regulatory framework for cryptocurrencies due to the resource constraints faced by the contact Securities and Markets Authority (ESMA), which could potentially place the EU at a disadvantage compared to other global markets in adopting cryptocurrencies and blockchain technology. ESMA’s Resource Challenges: A…

During the exhilarating reveal at the Future Games Show Spring Showcase, gaming aficionados were granted an unforgettable moment as the release date for the greatly anticipated narrative horror game, “Still Wakes the Deep,” was announced. This title, developed by the esteemed team at The Chinese Room – renowned for their earlier works such as “Dear…

In a Strategic Move to Transform the UK’s Cryptocurrency Landscape: Hedera (HBAR), a leading blockchain platform, recently announced its latest collaboration by becoming a member of the esteemed UK Cryptoasset Business Council (UKCBC). This significant move positions Hedera alongside industry giants such as Ripple and Coinbase, marking a new chapter in the UK’s burgeoning crypto…

Overview The Central Bank of the United Arab Emirates (UAE) is spearheading the adoption of a Central Bank Digital Currency (CBDC) within the country, known as the digital Dirham. In a recent report titled “The digital assets innovation opportunity in MENA” by EY, it was revealed that all UAE licensed financial institutions (LFI) are expected…

ARK Invest, the innovative investment firm helmed by Cathie Wood, has recently executed a noteworthy move in its investment portfolio by selling off a substantial chunk of its holdings in Coinbase. This divestment amounted to 199,526 shares, equivalent to approximately $52.3 million based on Coinbase’s closing price at that time.ARK had made this decision amid…

Compass Coffee, a well-established coffee chain with a robust presence in the bustling city of Washington D.C., has recently forged an innovative partnership with Coinbase, the leading cryptocurrency exchange based in the United States. This collaboration marks a momentous shift in the retail landscape, making Compass Coffee the pioneer café in the D.C. metropolitan area…

The United States Securities and Exchange Commission (SEC), under the leadership of Chairman Gary Gensler, has submitted a bold request for a $2.6 billion budget allocation for the fiscal year 2025. This substantial budgetary proposal is aimed at fortifying the SEC’s capacity to regulate the burgeoning cryptocurrency sector, in response to its observation of the…

Hacker’s Surprise Attack on Apex Legends Global Series Finals: A Wake-Up Call for Esports Cybersecurity The Unforeseen Interruption: The North American Apex Legends Global Series Finals An unexpected turn of events unfolded during the much-anticipated North American Apex Legends Global Series finals, causing a significant disruption when two players were granted cheat-based abilities due to…

The cryptocurrency market experienced a peculiar bounce back on Wednesday, as Bitcoin made an unexpected climb of 1.7%, settling at $65,773 after an initial dip to $60,793. This recuperation occurred following the conclusion of the Federal Reserve’s two-day meeting, during which the central bank kept interest rates unchanged as anticipated but indicated the possibility of…

The Telecom Regulatory Authority of India (TRAI) has announced significant amendments to the regulations surrounding Mobile Number Portability (MNP), or SIM porting as it is commonly known, in an attempt to counteract the increasing instances of SIM swap fraud across India. These modifications are set to be enforced from July 1, 2024, with the primary…

Amidst Intensifying Regulatory Scrutiny, Ethereum’s Role and Status Defended by Coinbase Chief Legal Officer Paul Grewal In the face of escalating regulatory scrutiny surrounding Ethereum (ETH), Paul Grewal, the Chief Legal Officer (CLO) at Coinbase, has stepped up to challenge misinformation and advocate for Ethereum’s significant position within the cryptocurrency landscape. This comes in response…

The Controversial Extradition of Do Kwon: South Korea Wins the Battle, but the War with the US Justice System Isn’t Over The recent decision by the Appellate Court of Montenegro to uphold the extradition of Terraform Labs founder, Do Kwon, to the Republic of South Korea, has brought complications following the request made by the…