01/31/2023

UK Minister commits to greater crypto Industry engagement

The Minister of Financial Services of the UK, Andrew Griffith, said that he plans to introduce more active interaction with the crypto sector.

”We will propose timely, reasonable and balanced regulation to ensure the safe use of this technology," he said.

Griffith recognizes the importance of speed in the case of regulating the UK crypto industry and seeks to eliminate concerns about the slow registration processes of the Financial Supervision Authority: “We cannot have an internationally competitive financial system if it has a slow delay, if it does not work at high speed.”

He also added that sometimes consultative processes take a little more time than can be allowed in such a rapidly developing field.

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03/30/2023

$30,000 for Bitcoin in April 2023: Experts Debate Price Predictions

The end of April is much anticipated by investors, as they hope Bitcoin will regain momentum and reach a higher level. Since 2023 took off, the value of Bitcoin has risen by nearly 65 % alongside other popular crypto assets. Bitcoin's price has spiked over 20% from March 1, when it was trading roughly above $23,000, and briefly passing $29,000 on March 30. This is part of a larger trend toward reclaiming the psychological $30,000 mark.

03/28/2023

CFTC Sues Binance: World's Largest Crypto Exchange Accused of Violating U.S. Law

On March 27th, 2023, news broke that the Commodity Futures Trading Commission (CFTC) had filed a lawsuit against Binance, the world's largest cryptocurrency exchange, and its founder, Changpeng Zhao. The regulator claimed that Binance operated a derivatives trading operation that enabled U.S. residents to trade futures, swaps, and options on cryptocurrencies in violation of federal law since at least July 2019

03/27/2023

First Citizens BancShares Buys Failed Silicon Valley Bank

First Citizens BancShares, the 30th largest commercial bank in the United States based in North Carolina, has agreed to acquire the assets of Silicon Valley Bank (SVB), a California lender whose sudden collapse earlier this month sent shock waves across the financial sector

03/24/2023

Arbitrum's Highly-Anticipated Airdrop: The Wild Ride of ARB Token

Arbitrum's highly anticipated token airdrop has finally gone live, but not without causing a stir in the cryptocurrency market. The landing page for the project briefly crashed as the project opened the gates to its ARB token, along with Arbiscan, causing frustration for users. In the first 30 minutes following the opening of the claiming window, the blockchain explorer saw a record number of over 84,000 visitors

03/23/2023

Bitcoin's Wild Ride: Highs and Lows as Fed Signals Tightening

Bitcoin's surge earlier this week was short-lived as it dipped to slightly above $27,000 on Wednesday afternoon following the Federal Reserve's announcement of a quarter-point rate hike

03/21/2023

Coinbase Tests ChatGPT. Will AI Change Crypto Industry?

Coinbase, one of the largest cryptocurrency exchanges in the world, has conducted a test using the artificial intelligence (AI) application, ChatGPT, to assess the security risks of smart contracts. The San Francisco-based exchange tested the AI tool's accuracy by using its ERC-20 token review framework, publishing the results in a blog post on March 20

03/20/2023

Arbitrum Launches ARB Token and Boost Decentralization

Arbitrum, a major player in Ethereum's layer 2 scaling arena, has announced the introduction of a new token called ARB. The Arbitrum Foundation stated on Thursday that the token will be distributed to community members on March 23rd via airdrop

03/17/2023

Stablecoin Imbalance: USDC Sales Cause Tether Trading Madness

The on-chain data reveals that trading firms were quick to capitalize on the USDC stablecoin's temporary repeg. While this strategy comes with risks, it shows that high-frequency traders are always on the lookout for arbitrage opportunities that can yield significant profits

03/17/2023

The Ethereum Shanghai Upgrade is Coming. What Will Happen to ETH Price?

The Ethereum Shanghai upgrade, also known as Shapella, is set to go live on April 12, according to a recent announcement by the network's developers. The upgrade includes Ethereum Improvement Proposal (EIP) 4895, which will allow users to withdraw their staked Ether from the Beacon Chain, increasing market liquidity and making it easier for users to access their funds along with three additional improvements aimed at optimizing gas costs for specific activities

03/14/2023

Huobi Now Has a $100 000 000 Liquidity Fund: What Does It Mean?

Not so long ago, Huobi launched a 20 000 BTC investor protection fund to help users out in case of force majeure. As if that wasn’t cool enough, now there’s a $100 000 000 liquidity pool to protect the token from dropping. Cuteness overload!

HowTo

How to Mine Polkadot?

Polkadot is a blockchain platform that was created by Gavin Wood, one of the co-founders of Ethereum, and launched in May 2020. The project uses a multi-chain architecture, where multiple parallel blockchains (known as "parachains") can operate simultaneously and communicate with each other

What is Cold Storage?

In the world of cryptocurrency, security is of utmost importance. With the popularity of cryptocurrencies, hacks, and security breaches come along. Cold storage of digital assets has emerged as an increasingly popular option for those seeking increased protection. This article will examine the advantages and disadvantages of cold storage and show you how to select the optimal solution for your needs