Coinbase, one of the leading cryptocurrency exchanges, has raised objections to the US Commodities Futures Trading Commission’s (CFTC) proposal to regulate prediction markets. The Chief Legal Officer of Coinbase, Paul Grewal, criticized the proposal for its vague definition of “gaming” and its blanket statement that “gaming” contracts are against the public interest. According to Coinbase,
The recent warning issued by OKX CEO Star Xu regarding the risks associated with interacting with the sanctioned crypto mixer Tornado Cash raises important concerns for users. Xu emphasized that deposits or withdrawals involving sanctioned entities could lead to compliance risks and potential account suspension on the exchange. Xu reiterated OKX’s commitment to adhering to
Bitcoin’s price has been on a rollercoaster ride lately, experiencing a market-wide crash that saw its value plummet from over $66,000 to a low of $49,500 in just a few days. However, the digital asset quickly bounced back, regaining momentum and surpassing $60,000 once again. While Bitcoin led the recovery, Ethereum emerged as a standout
Samuel Edyme, also known as HIM-buktu, is not your typical web3 content writer. His journey into the crypto universe did not start with a triumphant investment, but rather with a scam that roped him in. Instead of being discouraged, he used this experience to become a voice of reason in the crypto space, providing insightful
Metaplanet, a Japanese investment firm, recently decided to take on a $6.8 million loan from one of its shareholders, MMXX Ventures, in order to increase its Bitcoin holdings. This move is part of a larger strategy to invest in Bitcoin, with $58 million already earmarked for such investments. The decision to take on this loan
Immutable, a key player in the realm of NFTs and blockchain gaming, has recently announced the decision to close its NFT marketplace. This decision falls in line with the company’s strategy of bolstering its network by extending support to other marketplaces within its ecosystem. The shutdown of Immutable Marketplace is scheduled to take effect on
In recent news, the emergence of advocacy groups such as “Crypto for Harris” has taken the political landscape by storm. These groups are aiming to influence the upcoming presidential election by promoting cryptocurrencies and blockchain technology through fundraising initiatives and virtual town hall meetings. Notable figures such as Mark Cuban and Anthony Scaramucci have thrown
A crypto analyst known as ‘The Crypto Dog’ has recently shared a bullish outlook on Bitcoin, the world’s largest cryptocurrency. The analyst predicts that Bitcoin could experience massive rallies in the future, potentially regaining all the value lost during its recent market decline. This optimistic forecast comes after Bitcoin showed remarkable strength by quickly rebounding
Recently, BTSE made a significant announcement regarding the launch of BTSE Dex 2.0, a new and improved version of their decentralized exchange. This latest iteration brings about cross-compatibility for Ethereum Virtual Machine-based chains, opening up trading opportunities for over 50 perpetual futures on various networks such as Base, Optimism, and Arbitrum. A key aspect of
Brazil’s Securities and Exchange Commission (CVM) has recently made headlines by approving the country’s first Solana-based exchange-traded fund (ETF). This approval, which was granted on August 7, marks a significant milestone for Brazil and positions the country ahead of others in the global market. The ETF, created by QR Asset and managed by Vortx, is
