Bitcoiners should be wary of final dip 'before another leg up' — Analyst

The Bank of Japan has warned G7 nations that a common regulatory framework for cryptocurrencies needs to be introduced quickly, as current rules do not take into account the potential for digital assets to be used to skirt sanctions. 74 Total views 2 Total shares A senior official from the Bank of Japan (BOJ) has…

Refuting TIP-121, members of the community questioned the lack of timelines and hard numbers within the proposal. 53 Total views 10 Total shares An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi) platform Fei Protocol to come up with a solution that minimizes…

Bitcoin derivatives trading is on the rise as institutional investors flood the market. 2520 Total views 17 Total shares CME Group has become the world’s largest Bitcoin (BTC) futures market following a surge in open interest over the past month, industry data shows. In a Friday tweet, Arcane Research announced that CME had overtaken OKEx as…

USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain. 1523 Total views 26 Total shares The Algorand Foundation has announced that the USD Coin (USDC) stablecoin will be launched on the Algorand (ALGO) blockchain.The integration will allow customers using Circle APIs or Circle Business Accounts to…

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Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now. 547 Total views 7 Total shares Global crypto derivatives exchange BitMEX is expanding its platform beyond just derivatives by finally launching a spot crypto trading platform.BitMEX officially announced on May 17 that…

Canadian messenger firm Kik is seeking pre-trial summary judgment in its legal dispute with the United States Securities and Exchange Commission (SEC) over the company’s $100 million initial coin offering (ICO) in 2017.On March 20, Kik submitted a memorandum of law requesting the summary judgment from the court, asserting that the SEC had failed to…

The Federal Customs Service of the Russian Federation stopped the illegal import of four crypto mining devices from Mongolia into Russia.Crypto mining equipment confiscatedOn Oct. 1 Coinspot reported that a Mongolian citizen was trying to smuggle the four mining devices with fans and connected microcircuits across the Russian/Mongolian border into Russian territory.The custom services explained…

Chinese publicly listed construction company turned to cryptocurrency mining firm, Huatie HengAn, has reportedly been sold after its value decreased by over 90%. The development was reported by English-language local crypto-focused media 8btc on April 19.The firm has been reportedly sold for around 12 million yuan ($1.8 million), after its value decreased from 170 million…