Binance, a cryptocurrency exchange, has announced that it will be suspending its crypto debit card services in Latin America and the Middle East starting from August 25th. The cards allowed users to make payments with cryptocurrency assets, and the suspension will take effect by September 21st. Refunds and disputes can still be processed until December […]
The UK Treasury has issued a consultation and call for evidence to assess the impact of a proposed ban on finance-related cold calls. The government has also announced a fraud strategy that would involve 400 new jobs to update its approach to intelligence-led policing. It is estimated that fraud costs the country approximately $8.7 billion […]
Cryptocurrencies have been showing impressive gains, with Bitcoin rising beyond the $26,600 mark and Ether aiming for the $1,700 threshold. Layer 1 blockchain Solana surged by 7% post its integration with Shopify, boosting USDC stablecoin payments. Meanwhile, NEAR Protocol’s native token, NEAR, witnessed a 6% boost, primarily due to its adoption by crypto lender Nexo. […]
Bitcoin is expected to hit nearly $150,000 during its next four-year halving cycle, according to Pantera Capital. The crypto asset manager believes that Bitcoin price performance depends heavily on its halving cycles, and with the next due within the coming twelve months, the firm is betting that historical trends will continue.The firm notes that BTC/USD […]
Coinbase Assets recently announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. The assets affected are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). This suspension means the assets will no longer enjoy some of the exchange’s core services, including Simple and […]
InQubeta (QUBE) is an Ethereum-based blockchain project that is aiming to revolutionize the way people invest in artificial intelligence (AI). The project has already sold 280,000,000 tokens in its presale, raising over $2.2 million. It is one of the most attractive opportunities in the cryptocurrency space, with investors having the potential to grow their capital […]
XRP, the native token of Ripple’s Labs, has been hindered in its growth by the United States Securities and Exchange Commission (SEC) for the past three years. Pro-XRP lawyer and CryptoLaw founder John Deaton has blamed the SEC for the slow growth in the price of XRP. He believes that the XRP and the broad […]
Bitcoin is on track for a potential post-halving rally, according to historical analysis. This is due to increasing scarcity, which is a result of the halving process. The halving process reduces the amount of Bitcoin that is released into circulation, making it more scarce and potentially more valuable. This could lead to a rally in […]
Rarible, a nonfungible token (NFT) marketplace, has seen a significant increase in trading volume over the past 24 hours following a public statement in support of maintaining NFT creator royalties. This comes as competitor NFT marketplaces such as OpenSea have rewound support for royalties and royalty enforcement, prompting other NFT projects to also begin rewinding […]
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) recently released a report detailing the implications of a central bank digital currency (CBDC). The report was based on a pilot CBDC issued to selected industry participants, which enabled a deep dive into the legal, regulatory, technical, and operational facets of […]
