Bitcoin, the popular cryptocurrency, has been receiving a lot of attention lately for its reliability and success in the digital space. With a track record of never failing to execute new transactions and never being hacked at its core, Bitcoin has proven its ability to deliver on its promises. As one commentator aptly put it,
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The payments industry has seen significant growth over the last five decades, becoming one of the largest and fastest-growing sectors globally. However, it faces a critical issue – the reliance on outdated technology that is becoming increasingly inefficient. As highlighted in a report by Binance Research, blockchains, distributed ledger technology (DLT), and applications built on
Opeyemi is not your typical cryptocurrency enthusiast. He is not just a writer but a proficient one who has delved deep into the intricate world of digital assets and blockchain technology. Unlike many others, Opeyemi did not stumble into the cryptocurrency realm by chance; rather, he made a conscious decision to explore this exciting and
Congressman Wiley Nickel (D-NC) recently made headlines for his strong criticism of the US Securities and Exchange Commission (SEC), accusing the agency of undermining trust in the regulatory system. He specifically called out the SEC’s “regulation by enforcement” approach, labeling it as a “blatant abuse of power” that could potentially stifle digital innovation in the
Ryan Salame, a former FTX executive, made a significant decision to withdraw his petition to dismiss the indictment against Michelle Bond just days before a crucial court hearing. Salame’s legal team communicated this withdrawal to Judge Lewis A. Kaplan of the Southern District of New York on August 29. The withdrawal was done “without prejudice,”
The mobile game NFL Rivals, endorsed by the National Football League (NFL) and the NFL Players Association, has recently announced a groundbreaking partnership with the reigning champions of Super Bowl LVIII, the Kansas City Chiefs. This collaboration marks a significant milestone as NFL Rivals secures its position as the “Official Mobile Game of the Chiefs”
The recent Wells notice issued by the U.S. SEC to OpenSea has put the spotlight on digital-asset regulation and raised concerns about the classification of NFTs as unregistered securities. This development has sparked discussions about the potential consequences for OpenSea, the NFT market, and the broader crypto industry. The SEC’s allegation that some NFTs traded
Recently, news broke that Telegram CEO Pavel Durov has been released from prison but placed under judicial supervision with strict conditions. One of these conditions includes the requirement to post a hefty €5 million bond. Additionally, Durov is not allowed to leave the French territory and is mandated to report to the police station twice
Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently announced tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This announcement was made during the WebX Conference in Tokyo, Japan’s largest event dedicated to cryptocurrencies. Saito’s goal is to create a favorable environment for innovation and attract international
In a game-changing move for the cryptocurrency world, the Singapore-based exchange Crypto.com has recently partnered with Standard Chartered, a multinational banking giant, to offer fiat services to retail users globally. This collaboration opens up new possibilities for users looking to seamlessly transition between traditional fiat currencies and cryptocurrencies. Standard Chartered will provide banking and payment