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Revolut, the Most Crypto-friendly UK Bank Amid New FCA Compliance Rules
November 2, 2023
The UK's aspiration to establish London as a major hub for blockchain technology seemingly contradicts restrictive cryptocurrency policies by its major banks. Recently, a report by crypto tax software provider …
Read moreProShares Introduces the World's First Short Ethereum-linked ETF
November 2, 2023
ProShares, a leading entity in the crypto-linked exchange-traded fund (ETF) realm, launched the world's first short Ethereum (ETH) ETF, labelled ProShares Short Ether Strategy ETF (SETH), on November 2. This …
Read moreUK's National Crime Agency Recruits Crypto Investigators for Specialized Team
November 2, 2023
The United Kingdom's National Crime Agency (NCA) is taking a proactive step to curb rising cryptocurrency crimes by recruiting six specialists for a dedicated cryptocurrency and virtual assets team. As …
Read moreSolana (SOL) Displays Spectacular Growth Amid Market Rally and FTX Concerns
November 2, 2023
Performing as one of the leading digital assets in the market, Solana's SOL token has seen significant growth recently, surpassing many observers' expectations. The SOL token has experienced an unexpected …
Read morePayPal Faces SEC Scrutiny Over PYUSD Stablecoin
November 2, 2023
PayPal, the leading payment technology company, has received a subpoena from the U.S. Securities and Exchange Commission (SEC) with regard to its USD-pegged stablecoin, PYUSD. In August, PayPal became the …
Read moreUK Ups Investment in AI Safety and Celebrities Fight AI Deep Fakes
November 2, 2023
The United Kingdom has announced an increase in funding for two artificial intelligence (AI) supercomputers to £300 million (~$363.57 million). Announced on November 1, the increased investment aims to provide …
Read moreSwitzerland's St.Galler Kantonalbank Starts Cryptocurrency Trading with SEBA Bank
November 2, 2023
St.Galler Kantonalbank (SGKB), one of Switzerland’s largest banks, has initiated Bitcoin (BTC) and Ether (ETH) trading for a select group of clients in collaboration with SEBA Bank, a global cryptocurrency-focused …
Read moreTether Ventures into Bitcoin Mining with $610M Debt Financing; Crypto Lender Genesis Shifts Liquidation Plan
November 2, 2023
Tether (USDT) is making a significant move into Bitcoin (BTC) mining, providing the German-based BTC mining company, Northern Data AG, with a large-scale debt facility. Northern Data AG has secured …
Read moreJapanese Web2 Games to Make Debut on Axie Infinity's Ronin Blockchain
November 2, 2023
Sky Mavis, the developer of the popular NFT game Axie Infinity, has partnered with Korean gaming studio Act Games with the aim to migrate a series of Japanese video games …
Read moreMicroStrategy Profit Surges Amid Bitcoin Rally
November 2, 2023
Business intelligence firm MicroStrategy has made a significant profit of $900 million on its acquisition of Bitcoin, which now totals to 158,400 tokens. The growth in profit can be accredited …
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