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Crypto's Anonymity Fosters Illicit Finance, Warns New York Regulator
December 5, 2023
The New York Department of Financial Services (NYDFS) has raised concerns regarding the enactment of illicit financial activities within the crypto sector. The Superintendent pointed to the 'element of anonymity' …
Read moreSEC Requests Court’s Intervention in Classifying Terra's Crypto Assets as Securities
December 5, 2023
The U.S. Securities and Exchange Commission (SEC) has proposed that the court, and not the jury, should decide on the security status of Terraform Labs' crypto assets. The regulator's letter …
Read moreLugano, Swiss City, Embraces Bitcoin and Tether for Tax Payment
December 5, 2023
The Swiss city of Lugano has expanded its tax and community fee payment options to encompass Bitcoin and Tether's USDT stablecoin. This enhancement will be facilitated by Bitcoin Suisse, a …
Read moreThirdweb Detects Smart Contract Vulnerability, Ups Bounty to $50,000
December 5, 2023
Thirdweb, a significant player in the Web3 ecosystem, recently confirmed a security vulnerability affecting a broad array of smart contracts, including their pre-built ones. The discovery originated from an issue …
Read moreBitcoin Miner Phoenix Group Debuts with a Surge on Abu Dhabi Securities Exchange
December 5, 2023
Middle East's foremost Bitcoin miner, Phoenix Group, has marked its debut on the Abu Dhabi Securities Exchange (ADX), becoming one of the first crypto-focused entities to go public on the …
Read moreBitwise and BlackRock Amend Submissions in Effort for First US Spot Bitcoin ETF
December 5, 2023
Asset management firms, Bitwise and BlackRock have updated their filings with the U.S. Securities and Exchange Commission (SEC) as part of a bid to launch the first spot Bitcoin ETF …
Read moreLearn Concept: Understanding the Role of Short Liquidation in Cryptocurrency Market Fluctuations
December 5, 2023
In the context of the cryptocurrency market, short liquidation is a sudden buying event that occurs when traders exit short positions or cover shorted assets. This phenomenon can exert an …
Read moreBitcoin Soars Beyond $41,000 Amid Surge in Short Liquidations
December 4, 2023
The cryptocurrency market witnessed a significant boost as Bitcoin surged past the $41,000 mark. This new high is reported to be bolstered by the liquidation of around $166 million worth …
Read moreBitcoin Skyrockets In Market Cap, Outdoes Berkshire Hathaway and Tesla
December 4, 2023
Bitcoin Solidifies Its Position Among Top 10 Assets Bitcoin has reached a remarkable financial milestone by achieving a new year-to-date high of $41,700. With its market capitalisation touching $813 billion, …
Read moreCoinbase Actions Advance Crypto Influence: CEO Armstrong Advocates for Bitcoin, Visa Continues Experiments
December 4, 2023
Coinbase CEO Brian Armstrong recently stressed the potential role of Bitcoin in advancing Western civilization through currency innovation in a discussion on social media. Armstrong highlighted Bitcoin's capacity to combat …
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