Bitget relaunches UK platform after compliance update with FCA rules
Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024.
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Bitcoin SV Miners Saw Gross Losses of $2.2 Million Since Fork: BitMEX
A tweet published on April 12 by the research arm of major cryptocurrency derivatives platform BitMEX estimates that Bitcoin SV (BSV) miners have accumulated gross losses of $2.2 million.The report released by BitMEX Research claims that BSV miners perceived a negative gross profit margin of 12% since the coin was created in a hard fork…

AVAX tops the crypto predictability list… but the other tokens may surprise you
You can’t predict the future, but you can learn from the past.And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns.In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage in the markets.These five tokens…

Japan’s Top Idol Just Became the New Face of BitFlyer Crypto Exchange
Japan's top idol is now part of bitFlyer cryptocurrency exchange's aggressive new advertising campaign. 3017 Total views 23 Total shares Japan's most famous idol just became the face of bitFlyer, one of the largest cryptocurrency exchanges in the country.Asuka Saito is one of the most popular members of Nogizaka 46, a leading idol group in…

Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto
An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies.$150,000 in powerOn Sept. 21, in an announcement from the Armenian National Security Service, the organization accused an IT company of illegally mining cryptocurrencies from inside a hydropower plant.The state agency reported that the IT company had installed…

Visa CEO: Visa Still Interested in Developing Libra With Facebook
Alfred F. Kelly, CEO of major payment processor Visa, has said that the company is still in discussions with Facebook on the Libra project.In an interview with finance and economics-focused publication Economic Value on Oct. 24, Kelly assured the interviewer that Visa still maintains a close relationship with Facebook on the subject, as it believes…

IOSCO says DeFi is quickly evolving and ‘cloning financial markets’
IOSCO Chair Ashley Alder recognizes that “DeFi is a novel and fast-growing area of financial services.” 175 Total views 25 Total shares As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry.Today, the International Organization of Securities (IOSCO) published a report…

Filecoin storage utilization surpasses 7% in Q2: Report
Although utilization rose, protocol and supply revenue declined, as more providers slashed fees to incentivize adoption. 205 Total views 14 Total shares According to a July 13 report by Messari, Filecoin currently averages 954.2 pebibytes (1.07 billion gigabytes) worth of storage deals on its network, compared with 12.2 exbibytes (14.1 billion gigabytes) worth of raw…

Ordinals good or bad for Bitcoin? Supporters and opposers raise voices
Bitcoin Ordinals, a technology that enables adding text, images and code on a satoshi — the smallest unit of Bitcoin (BTC) — continues to inspire debate among the Bitcoin community.Soon after the introduction of Bitcoin Ordinals in January 2023, the technology’s opponents began to raise concerns over its perceived flaws, citing issues like rising transaction…