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Learn Concept: Understanding the Impact of Institutional Crypto Restriction and Regulation
November 2, 2023
The cryptocurrency sector is constantly evolving. One recent development is that Circle, an issuer of the USDC stablecoin, has decided to limit the minting of their stablecoin to just institutional …
Read moreGlobal Leaders Concur on the Need for Safe AI Practices at Summit
November 2, 2023
In a groundbreaking international gathering, government ministers and key players in the field of artificial intelligence (AI) convened for the inaugural AI Safety Summit. Hosted at Bletchley Park, this milestone …
Read moreBitcoin Holds Steady Above $34,000 As Federal Reserve Keeps Rates Unaltered
November 1, 2023
Overview The Federal Reserve has decided to leave federal funds rate steady between 5.25 and 5.50, as per market expectations. This move hints at the forthcoming direction of monetary policy. …
Read moreSolana’s Value Skyrockets amid Bitcoin Rally
November 1, 2023
Solana, a contender in the DeFi market, has experienced a major resurgence, especially in the light of the recent Bitcoin rally. Known for its efficient transaction speeds, Solana has seen …
Read moreArrests Follow Sealed Indictment and SEC Charges Against SafeMoon Founders
November 1, 2023
The Department of Justice (DOJ) has announced the arrests of Braden John Karony and Thomas Smith, members of the executive team of the cryptocurrency SafeMoon, while Kyle Nagy remains elusive. …
Read moreCoinbase Introduces Regulated Crypto Futures for US Retail Investors
November 1, 2023
Coinbase, one of the leading crypto exchanges, has recently announced that its retail traders in the U.S. would be able to trade in crypto futures, including Bitcoin and Ethereum, through …
Read moreDigital Currency Group Enlists Former Trump Impeachment Counsel for NYAG Lawsuit Defense
November 1, 2023
Digital Currency Group (DCG) has enlisted renowned trial attorney Barry Berke to tackle a civil suit lodged by New York Attorney General Letitia James against the company and its founder. …
Read morePayPal Enters UK as Registered Crypto Service Provider
November 1, 2023
Global online payments firm, PayPal, has become a registered crypto service provider in the UK. This follows its approval by the nation's Financial Conduct Authority (FCA) to offer cryptocurrency-related services. …
Read moreBitGo Secures Crypto Custody License from BaFin in Germany
November 1, 2023
Major cryptocurrency custody firm, BitGo, has reportedly gained a vital regulatory approval in Germany, as they have now been granted a cryptocurrency license from the German Federal Financial Supervisory Authority …
Read moreCrypto Transfers Worth $13.1M Detected from FTX and Alameda Research Wallets
November 1, 2023
The wallets associated with the defunct crypto exchange FTX and its associated trading firm Alameda Research were noted to have transferred in excess of $13.1 million in a variety of …
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