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UK Authorities Empowered to Confiscate Crypto Linked to Criminal Activities After New Law Passage
October 26, 2023
The United Kingdom government has enacted a law that strengthens the enforcement authority's ability to confiscate cryptocurrency assets associated with criminal activities, including money laundering, fraud, and ransomware attacks. The …
Read moreCircle Launches Points-to-Crypto Program in Taiwan with Major Convenience Store Chain
October 26, 2023
Circle, the U.S-based stablecoin issuer, has collaborated with Taiwan's largest crypto service provider BitoGroup and second-largest convenience store chain, Taiwan FamilyMart to launch a program that enables customers to convert …
Read moreSurge in Memecoins: PEPE, Dogecoin, and SHIB Show Promising Gains
October 26, 2023
In the midst of the latest crypto rally, memecoins have not been left behind. Important players such as PEPE, DOGE, and SHIB have experienced double-digit growth over the week. Not …
Read moreJPMorgan's JPM Coin Gains Success, Hits $1B in Daily Transaction Volume
October 26, 2023
The volume of daily transactions for JPMorgan's digital payment asset, the JPM Coin, has reached a staggering $1 billion, unveiling huge adoption rates. This figure signifies a massive increase since …
Read moreTrial Progress of Sam Bankman-Fried Takes Unexpected Turn as He Is Set to Testify
October 26, 2023
The trial of Sam Bankman-Fried, which is scheduled to resume on the 27th of October, has taken an unexpected turn as the ex-billionaire decided to testify in his defense. His …
Read moreLearn Concept: How Bitcoin ETF Influences Crypto Market Volatility
October 26, 2023
The approval, anticipation, or even the changes in listing related to a Bitcoin Exchange Traded Fund (ETF) can trigger significant shifts in the cryptocurrency markets. This concept has become evident …
Read moreNeon Machine Secures $20 Million Series A Fundraise for its Blockchain-based Game 'Shrapnel'
October 25, 2023
Web3 gaming studio Neon Machine has successfully raised $20 million in a series A funding round for the development of its upcoming high-value production, 'Shrapnel.' Neon Machine claims its team …
Read moreUK's FCA Faults Crypto Firms for Non-compliance with New Marketing Rules
October 25, 2023
The United Kingdom's Financial Conduct Authority (FCA) announced on October 25th that a substantial number of crypto firms have failed to satisfy newly implemented promotional requirements. The regulations, introduced on …
Read moreRising Bitcoin Supply Absorption Precedes Halving: Surges in Perpetual Funding Rates
October 25, 2023
Summary As the next Bitcoin halving approaches, there is a noticeable uptick in Bitcoin's monthly issuance absorption rate across various cohorts. In addition, an emerging trend of selling perpetual futures …
Read moreBitcoin Surges to $35,000: Major Catalysts and Market Reaction
October 25, 2023
Bitcoin (BTC) continues its robust climb, breaching a significant milestone unseen since May 2022. The world's largest cryptocurrency by market capitalization saw a price surge to chase after $35,000; hitting …
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