Philippines SEC Blocks Binance Access
The Philippines Securities and Exchange Commission (SEC) has taken steps to restrict local access to Binance, the globe’s largest cryptocurrency exchange. This decision was articulated in a formal notice released on Monday, marking a pivotal moment in the regulatory landscape of the cryptocurrency market within the country. The SEC’s action involves a formal request to […]
Binance Executive’s Daring Escape in Nigeria
Binance, one of the world’s leading cryptocurrency exchanges, finds itself at the centre of a dramatic episode in Nigeria. According to reports from Premium Times, a Nigerian publication, Nadeem Anjarwalla, Binance’s Regional Manager for Africa, has made a daring escape from custody in Abuja. Anjarwalla, detained along with Tigran Gambaryan, the exchange’s Head of Financial […]
Navigating the FTX Bankruptcy: A Crypto Conundrum
The FTX bankruptcy saga continues to unfold, with its complexities magnifying against the backdrop of surging crypto prices. At the heart of the matter lies a pivotal decision: should customers be compensated with the cryptocurrency they originally held or its equivalent dollar value at the time of the exchange’s collapse? To date, FTX’s legal team […]
Push for Bitcoin ETFs in the UK
Kraken UK’s Managing Director, Bivu Das, made a compelling case for the introduction of Bitcoin ETFs (Exchange-Traded Funds) in the United Kingdom. With the crypto landscape evolving rapidly, Das suggests that the time has come for the UK to reassess its stance on these financial products, especially given the changes since their restriction in 2021. […]
Countdown to Crypto’s Key Moment: The Bitcoin Halving
In the world of cryptocurrency, few events are as eagerly anticipated as the Bitcoin halving. Traditionally occurring every four years, this event reduces the rewards miners receive for their contributions to the network, a mechanism designed to control Bitcoin’s inflation. All eyes are on April 20 (4/20), marked by enthusiasts not just for its numerical […]
Worldcoin Unveils Open-Source Orb Tech
The Worldcoin Foundation has taken a significant step by open-sourcing core components of its Orb technology. Developed under the vision of OpenAI co-founder Sam Altman, Worldcoin is at the forefront of creating a digital asset protocol that leverages unique biometric data for establishing global identification standards. By making the Orb eye scanner’s code publicly available, […]
The Runestone Tribute to Satoshi Nakamoto
In an audacious gesture within the Bitcoin community, the creators of the Runestone project, a notable endeavour in the burgeoning field of Bitcoin Ordinals, orchestrated a symbolic act by sending their most prized asset, valued at 8 BTC (approximately $525,000), to a wallet believed to be owned by the enigmatic Bitcoin creator, Satoshi Nakamoto. This […]
Navigating Bitcoin’s Pre-Halving Volatility
Beam CEO Andy Bromberg offers insight into the recent market volatility, which sees Bitcoin swinging between new highs and sudden lows. This phenomenon, according to Bromberg, is a typical pre-halving jitters where traders grapple with the implications of the reduced Bitcoin reward rate on its price. Such uncertainty leads to dramatic price movements, underscoring the […]
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