admin BIS building in Basel, Switzerland. Source: Adobe/doganmesut The Basel Committee on Banking Supervision has underscored the importance of disclosing banks’ cryptoasset exposures, emphasizing the need for standardized reporting and greater transparency in the crypto space. In a consultative document, the committee proposed mandatory reporting requirements for banks related to their crypto activities. The proposals extend … Read more
Source: Adobe Stock A recent report from data analytics firm CryptoQuant suggests that the approval of spot Bitcoin exchange-traded funds (ETFs) could push Bitcoin’s market capitalization to grow by $900 billion, with the total crypto market expanding by an additional $1 trillion. CryptoQuant suggests that the next significant wave of institutional participation could come from … Read more
Source: firewings/Adobe Police in the Central African Republic suspect a rug pull after the operators of a crypto firm “vanished overnight.” The news outlet RFI reported that the Research and Investigation Section (SRI) of the National Gendarmerie (the CAR’s police force) have “launched an investigation” into the firm. Prosecutors have also launched a separate investigation … Read more
yPredict combines traditional statistical models and AI to offer a comprehensive set of trading tools in its ongoing crypto presale. Crypto analysts are increasingly turning their attention to lesser-known projects in the blockchain space, seeking potential opportunities beyond established tokens. One such project beginning to grab attention is yPredict, a platform specializing in AI-based trading … Read more
Although Bitcoin offers a way to transact on the internet completely anonymously, buying Bitcoin isn’t always anonymous. Most major crypto exchanges require ID to buy Bitcoin, forcing Bitcoin users to reveal their identity before they can access the digital economy. Thankfully, there are ways to buy Bitcoin anonymously. In this guide, we’ll explain how to … Read more
Source: Unsplash / GuerrillaBuzz Lido Finance, a decentralized liquid staking platform, is ending its Solana (SOL) operations after the DAO community voted in favor of sunsetting the Lido on Solana protocol. Per Lido’s blog post on Monday, the process of shutting down Solana staking product will “begin shortly” phasing out. “After much discussion and a … Read more
Source: EUDPic/Adobe South Korean prosecutors have requested the death penalty for four suspects in a crypto murder-kidnap case that saw a woman abducted and murdered for her crypto holdings. The incident took place in the affluent Gangnam District in Seoul in March this year. The woman is believed to have worked at a crypto-related firm … Read more
SOL/USD Chart / Source: TradingView Solana (SOL) is the best-performing cryptocurrency in the top 20 by market capitalization in the past 24 hours, as per CoinGecko, with the SOL price having pumped a massive near 10% on the day. SOL was last changing hands to the north of the $24 level, having begun the day … Read more
Source: Unsplash The largest stablecoin issuer, Tether, has announced the freezing of 32 addresses associated with criminal funds related to incidents in Israel and Ukraine, amounting to $870,000. On October 16, Tether stated that they had been working with the Israeli crime control authority, NBCTF, to counter cryptocurrency-funded terrorism and warfare. Tether says that it … Read more
Source / Stux (Pixabay) Despite a volatile October – that has seen the rise of Telegram bots, leading GambleFi token Rollbit (RLB) is poised to explode following a +10% rally, leaving some side-lined investors asking ‘is it too late to buy Rollbit’? This comes as the Rollbit platform is invigorated by an ongoing ‘Slotober’ – … Read more