Long-term investors are hoarding bitcoin at historic levels in hopes of a new high, but JPMorgan analysts believe that factors driving crypto bullishness, such as impending approval of spot ETFs and the upcoming halving, may have little impact on the token. They believe that spot ETFs would attract investment from existing bitcoin products rather than...
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The Open Network Foundation (TON Foundation) has partnered with Blockchain.com to make cryptocurrency more accessible to Telegram’s over 800 million monthly active users. TON Space, the TON-based self-custody cryptocurrency wallet, will be available in the Telegram menu for all users outside the United States starting in November 2023. Users will be able to buy, sell,...
Recent data shows a shift in investor preference towards Solana despite Ethereum’s dominance in total value locked. Solana has attracted positive inflows while Ethereum reported negative flows. Solana’s developer activity is noteworthy, but Ethereum maintains a robust developer community with significant activity. There are differences in energy efficiency and carbon emissions between the two platforms,...
Binance, a major player in the cryptocurrency exchange realm, has ceased the registration of new users from the UK. This development ensued following the termination of its partnership with a third party responsible for approving its platform communications, a mandatory compliance measure under the UK’s recently tightened financial regulations. UK’s Tightened Grip on Crypto Platforms...
Terraform Labs has submitted a legal request demanding Citadel Securities to produce documents. These records, according to Terra, may reveal the market maker’s involvement in the previous year’s instability of the TerraUSD (UST) stablecoin. The difficulties faced by Terraform Labs had significant repercussions on the crypto sector, leading to market uncertainties. The issue initially stemmed...
● Bitline by Ibanera has launched its digital assets payment platform at Global Gaming Expo 2023, in partnership with Everi. ● Bitline’s digital asset payment rail includes stablecoin assets and facilitates unlimited real-time access to casino floor liquidity globally 24/7/365 via cutting-edge compliance and blockchain payment technologies. ● Bitline’s digital asset liquidity product operates in...
The effort demonstrated the creativity and resolve of an isolated country intent on defying demands that it abandon its nuclear weapons program. The Justice Department said on Monday that it had indicted four men on charges of laundering virtual currency stolen by an infamous North Korean online criminal syndicate as part of a far-reaching scheme...
A court based in Hong Kong has acknowledged cryptocurrencies as property that can be held in trust in a ruling involving the defunct crypto exchange Gatecoin. In an analysis of the ruling published by the law firm Hogan Lovells, Judge Linda Chan reportedly said that crypto has property attributes. The court deemed that it was...
