87% of crypto registrations failed in UK over ‘weak’ fraud, AML controls
Only 4 out of 35 crypto business registrations were accepted by the UK Financial Conduct Authority citing concerns with money laundering adherence.
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Will Bitcoin Hit $12K? Join Crypto Markets Live With Big Cheds & Big Chonis!
Traders Big Cheds & Big Chonis offer expert TA on the next move for Bitcoin and altcoins. 263 Total views 16 Total shares Will Bitcoin break the next resistance at $12,000? Which altcoins are looking promising (and which aren’t)? Tune in now to this week’s Crypto Markets Live to find out!Trading experts Big Cheds and…
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Breaking: Binance’s CZ pleads guilty to violating anti-money laundering requirements—WSJ
Changpeng Zhao plans to plead guilty to violating U.S. anti-money laundering requirements and will reportedly step down as the CEO of the Binance crypto exchange. 864 Total views 6 Total shares Binance founder Changpeng "CZ" Zhao has agreed to step down as CEO of the crypto exchange as the U.S. Department of Justice (DOJ) prepares
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Avalanche Rush to give out more than 180M in DeFi incentives
The multi-stage program will start with $27M tokens allocated for the Aave and Curve protocols, with additional incentives reserved for Avalanche native projects. 1338 Total views 63 Total shares Smart contract platform Avalanche has announced a $180 million liquidity mining incentive program, named Avalanche Rush. The program aims to encourage more applications and tokens to…
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Crypto Exchange Bitfinex Denies Rumors of ‘Insolvency’ and ‘Banking Issues’
Major crypto exchange Bitfinex has responded to a recent swathe of online rumors, denying that the firm is “insolvent” or facing banking issues, in an official blog post published October 7.Bitfinex’s rebuttal comes in the wake of last week’s reports that the exchange’s banking partner, Puerto Rico’s Noble Bank International, is seeking a buyer and…
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COVID-19 Incentivizing Crypto and Leading Mainstream Adoption
Crypto is a place where everything changes faster than in any other industry, and seeing as it was born in the age of the internet, this is quite fitting. Today, China is leading the global digital asset initiative. The train of innovations seems to go faster as the digital yuan (also referred to as DCEP)…
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Futurama’s latest reboot takes aim at Bitcoin miners
The latest episode of the series, which first premiered in 1999, would have its audience believe humans (and robots) will still be mining Bitcoin in the year 3023. The animated science fiction cartoon series Futurama, which was created long before Bitcoin (BTC) was even a gleam in Satoshi Nakamoto’s eye, poked fun at cryptocurrency miners…
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SBF has been a ‘significant donor’ in the US midterm elections
The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets. 231 Total views 2 Total shares Crypto billionaire and FTX founder Sam Bankman-Fried have admitted to being a "significant donor" to both sides of the political spectrum ahead of the 2022 midterm elections.Days ahead…
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Bitcoin can reach $400K in 2021 as ‘risk-off reserve asset’ — Bloomberg
Bitcoin (BTC) still gets criticized for being too volatile, but one Bloomberg analyst believes that it conversely is becoming a "risk-off" choice for investors.In a tweet on March 25, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said that this year marked a watershed moment for the largest cryptocurrency.$400,000 BTC would "rhyme" with historyMcGlone uploaded…