STORM Partners, a leading blockchain services provider, caused a stir at the recent Web3Fest event held in Switzerland’s renowned “Crypto Valley.” The company, along with key players such as Cardano and MultiversX, made a groundbreaking announcement that is set to reshape the landscape of blockchain technology adoption. The unveiling of “Lightningbox,” a cutting-edge Web3 Sandbox,
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In a significant development within the realm of Web3 technology, the IOTA Foundation’s Web3 Identification Solution has been selected for the European Blockchain Sandbox program. This decision marks a crucial step in the advancement of Know-Your-Customer (KYC) procedures and privacy within the Web3 space. The implications of this selection extend beyond technological innovation, sparking discussions
The cryptocurrency world is no stranger to controversy, and a recent thread by blockchain analytics platform Bubblemaps has brought insider trading allegations to the forefront. The accusations involve meme coin projects promoted by Andrew Tate and Iggy Azalea, shedding light on suspicious activities surrounding the launch of DADDY and MOTHER coins. According to Bubblemaps, at
The European Banking Authority (EBA) has recently introduced comprehensive guidelines aimed at addressing recovery plans for asset-referenced tokens (ARTs) and e-money tokens (EMTs) in the context of the Markets in Crypto-Assets (MiCA) regulation. These guidelines are crucial for ensuring the stability and integrity of the rapidly expanding crypto market in the European Union. One of
Coinbase has raised objections to the Securities and Exchange Commission’s (SEC) $2.6 billion budget request for the 2025 fiscal year. The cryptocurrency exchange criticized the allocation of funds towards enforcement, rather than towards creating regulatory clarity in the crypto space. A Coinbase representative highlighted the lack of real crypto rulemaking despite the SEC’s massive budget.
In a surprising move, several major retail companies in South Korea, including Lotte and Hyundai, have made the decision to exit the non-fungible token (NFT) market. This significant change in direction marks a shift in their digital strategies as they respond to a slowdown in the NFT industry and redirect their resources towards their core
CFTC chair Rostin Behnam recently spoke before the Senate Committee on Appropriations, asserting that the agency is fully capable of taking on additional crypto responsibilities. He dismissed concerns that the CFTC would be overwhelmed, stating that regulating crypto commodities falls within the agency’s purview. Behnam acknowledged a regulatory gap that needs to be filled and
Despite Ethereum (ETH) experiencing a recent decline to around $3,500, there is optimism among analysts about the potential for new all-time highs in the coming months. Some market experts, such as X users Wolf and Jelle, have pointed to positive technical indicators that suggest a bullish trend for the second-largest cryptocurrency by market capitalization. One
The Bitcoin market is currently witnessing a shift in investor behavior, with a noticeable increase in short-term traders looking to capitalize on quick profits. These new players are gravitating towards spot Bitcoin ETFs, which offer an easy way to mirror Bitcoin’s price and participate in the market. According to the Bitfinex Alpha report, the number
In the world of cryptocurrencies, Cardano has been making waves recently, with many analysts predicting a bullish trend for its price. One such analyst, known as @Av_Sebastian on X (formerly Twitter), has gone as far as to suggest that the Cardano price could skyrocket to $2 in the near future. This optimism is largely based
Crypto analyst Dave the Wave has recently shared a bullish narrative for Bitcoin, despite the recent setback in its price. According to his analysis, he believes that Bitcoin has the potential to rise as high as $300,000 based on his logarithmic growth channel (LGC) indicator. This unprecedented price level is expected to be reached by
ENA, the native token of Ethena, has been experiencing a considerable amount of selling pressure in the past few weeks. This trend has led to a drastic drop in the token’s value, with ENA plummeting to $0.73, marking its lowest price point since May 20th. Unfortunately, this downward spiral has resulted in substantial losses for
Parallel, the innovative NFT-based card game powered by Ethereum, recently made its entrance into the Epic Games Store with a successful launch. This strategic move has positioned Parallel in front of the platform’s extensive audience of over 270 million users, including 75 million monthly active users. By joining the ranks of top PC games on
Terraform Labs, a now-defunct crypto firm, has recently come to a settlement with the Securities and Exchange Commission (SEC) regarding fraudulent activity related to the defunct Terra blockchain. The settlement involves a massive $4.47 billion fine that Terraform Labs has agreed to pay. This fine is meant to address the magnitude of the fraud and
Gamee, a hypercasual gaming ecosystem under Animoca Brands, made a strategic decision to transfer its GMEE token to Ethereum after Polygon was hacked for $15 million in early 2024. This move played a crucial role in the recent surge of activity within the Gamee network, but it was not the sole factor behind the increase
The recent $4.5 billion SEC settlement has led Terraform Labs CEO Chris Amani to announce that Terra will transition into a community project. Amani emphasized the need for the community to “take over ownership of the chain” as the company begins to wind down its operations. Despite stating that Terraform Labs had always intended to
The cryptocurrency market experienced a notable surge following the release of the latest US Consumer Price Index (CPI) data, with Bitcoin and Ethereum posting gains of 3.4% and 2.43% over the past 24 hours, respectively. Despite this positive movement, the market remains uncertain, with Bitcoin hovering at around $70,000 and Ethereum struggling to break past
The copy trading industry continues to expand rapidly as brokers seek sophisticated solutions to meet the evolving needs of traders. In response to this demand, B2Broker is introducing the next generation of its in-house investment platform, B2Copy, which aims to set new standards in the market. Unlike many existing solutions for MT4 and MT5, B2Broker
Many analysts in the crypto space have shared their opinions on the future trajectory of Bitcoin, with some foreseeing a significant rise in its value. One such analyst, CrediBULL Crypto, took to X (formerly Twitter) to predict that Bitcoin would climb to $100,000 in its next leg up. He emphasized that this upward trend is
The artwork known as Bitram, created by artist VESA, offers a unique perspective on the world of Bitcoin art. Unlike traditional portrayals of the Bull and Bear symbols in the crypto space, Bitram aims to capture the unyielding and untouchable essence of Bitcoin. Through a combination of physical canvas art and augmented reality technology, VESA
The recent price action of Ethereum has been disappointing for bulls as the digital asset failed to recover above the $3,650 resistance level. This failure resulted in ETH declining below the $3,550 support zone, indicating bearish signs below $3,600. The inability to break above key resistance levels has left investors and traders concerned about the
Gangster Arena 2, the latest release by Uncharted, is now available on Blast – a Layer 2 solution integrated with Ethereum. This innovative game brings together elements of mobile idle tycoon mechanics with PVP game theory, creating a unique gaming experience tailored for the degen community. Players take on the role of a mob boss,
In the rapidly evolving world of blockchain technology, staying ahead of the curve is key to success. B2BinPay, a world-leading blockchain platform, has recently unveiled a new and improved version that is set to revolutionize the user experience. With the addition of TRX staking and expanded blockchain support, B2BinPay is offering its customers increased flexibility
The recent report released by the EU Innovation Hub for Internal Security sheds light on the significant gaps in law enforcement’s ability to track and recover illicit digital assets moved via decentralized methods like privacy coins, layer-2 networks, and crypto mixers. The report highlights the unique challenges posed by cryptocurrencies, which heavily rely on public-private
In the world of cryptocurrency trading, security and compliance are of utmost importance. As the market continues to grow and evolve, it is crucial for trading platforms to stay ahead of the curve in terms of safeguarding user assets and ensuring regulatory compliance. One such platform that has taken significant steps in this direction is
Recently, there has been a growing concern among market experts regarding the vulnerability of risk assets in the financial sector. This vulnerability could potentially impact bitcoin (BTC) and lead it into a “slow bleed environment”. Various economic factors are being closely monitored to assess the potential impact on BTC. One of the key factors that
Animoca Brands Corporation Limited and its subsidiary Bacasable Global Limited have recently announced that The Sandbox, their user-generated content platform, has successfully raised $20 million in funding. This significant investment marks a crucial milestone in the platform’s journey towards becoming a decentralized virtual world. The Sandbox has proven itself to be a pioneer in advancing