The United Kingdom’s attractiveness to crypto firms has been on the decline in recent years, with many companies turning away due to burdensome and time-consuming regulatory processes. According to a report by the Financial Times, registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have decreased by more
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Vitalik Buterin, the co-founder of Ethereum, has recently made some significant transfers of ETH, raising questions and discussions within the cryptocurrency community. According to reports, Buterin moved 800 ETH, valued at $2.01 million, to a multisig wallet. Subsequently, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged to the U.S. dollar.
The Nigerian Securities and Exchange Commission (SEC) recently announced the granting of “Approval-in-Principle” to two local crypto exchanges, Busha Digital Limited and Quidax, allowing them to begin operations under the Accelerated Regulatory Incubation Program (ARIP). This program was established to facilitate the onboarding of operational firms in preparation for the release of the Rules on
The past week has been a rollercoaster ride for Bitcoin and most altcoins. Bitcoin started strong, soaring from around $60,000 to over $64,000 on Saturday after bullish developments in the US. However, the weekend brought turbulence elsewhere in the crypto market following the arrest of Pavel Durov, the founder and CEO of Telegram, which led
Recently, Floki Inu (FLOKI) experienced a significant drop of nearly 20%, causing it to lose its place among the top 5 meme coins. This decline resulted in its market capitalization falling to $1.23 billion, dropping it to the sixth position. The price of FLOKI is currently trading at around $0.0001272. Bonk Inu (BONK) managed to
Blowfish Studios, a game development studio under Animoca Brands, is currently working on an exciting new multiplayer PvP game called DarkTimes. This medieval-themed game is set in a dark and fantastical world inspired by Nordic mythology, combining fast-paced combat with RPG elements. DarkTimes aims to provide players with a unique gaming experience unlike anything seen
Elon Musk, the renowned CEO of Tesla Inc., recently faced a high-profile $258 billion lawsuit that accused him and his company of manipulating the price of Dogecoin (DOGE), a popular meme-based cryptocurrency. The lawsuit, filed by a group of Dogecoin holders in June 2022, claimed that Musk and Tesla used social media and public statements
Recent hints from major crypto exchanges, Binance and Bybit, about launching new Solana-related products have sparked excitement and speculation within the crypto community. The cryptic messages posted by Binance’s official X account and Bybit’s announcement of a new product, “bbSol,” have led many to believe that these exchanges might be considering entering the Solana liquid
When it comes to buying and selling cryptocurrency, one of the key factors to consider is the minimum age requirement. In 2024, the typical age to legally purchase cryptocurrencies is 18. This age restriction is commonly enforced by centralized exchanges to comply with Know Your Customer (KYC) regulations. These regulations serve to verify users’ identities,
In the pursuit of predicting the best time to buy Bitcoin, crypto analyst R.N. Elliot has identified a “Double Zigzag” pattern that has formed for Bitcoin. This pattern consists of two different zigzags, both of which are expected to play out similarly. The first pattern has already been completed, marked by the BTC all-time high