Bybit bags provisional crypto license from Dubai regulator

Altcoins continue to take advantage of Bitcoin’s sideways trading and traders who take a quick glance at the altcoin-to-Bitcoin pairings at their exchange of choice will notice that many of the altcoins are again posting double-digit gains. At the time of writing, THETA is up 13.26%, KyberNetwork (KNC) 18% and TomoChain (TOMO) has rallied 16.09%. Ether…

Over the last year, a series of court cases have struck the crypto industry. Bankruptcy, liquidity issues and fraud have caused the industry to fall under the microscope of regulators around the world.The former cryptocurrency brokerage company Voyager Digital, Alameda Research - the investment arm of FTX- and cryptocurrency exchange Binance have been among some…

Venezuelans can only use the state-backed cryptocurrency, the Petro, to pay for passport fees starting next week, the country’s vice president Delcy Rodriguez said in a press conference Friday, Oct. 5.Ahead of Petro’s official “launch” in November, Rodriguez confirmed that as of Monday, Oct. 8, fees for all passport applications will only be payable in…

The decentralized finance analytics provider said Uniswap grants should be given to community members and not to service providers. 357 Total views 6 Total shares Dune Analytics, a decentralized finance (DeFi) analytics service, has voiced its opposition to a Uniswap (UNI) governance vote for “Community-Enabled Analytics” that would see fellow analytics provider Flipside Crypto managing…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in the DeFi ecosystem was filled with ups and downs, from the United States Commodity Futures Trading Commission’s (CFTC) investigation into multiple DeFi protocols to

The private sector invests enormous resources to help the government combat crypto crimes, U.S. Treasury Secretary Janet Yellen said. 4018 Total views 17 Total shares United States Treasury Secretary Janet Yellen is concerned about crypto's supposed criminal element. In Feb. 10 remarks to a financial sector innovation roundtable, United States Treasury Secretary Janet Yellen stated that…

The trade group includes many of the industry’s biggest names among its members; director Kristin Smith calls them “a great group to help steer the success of this enterprise.” 269 Total views 4 Total shares United States-based trade group Blockchain Association announced Monday that it had formed a political action committee, to be called BA…

90% of El Salvadorans described their knowledge of Bitcoin as poor or non-existent last year despite BTC becoming legal tender. 289 Total views 7 Total shares Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year.Paxful on Wednesday announced…

XRP price edged higher on Sep. 2 as traders assessed Ripple Labs gaining an edge over the United States Securities and Exchange Commission (SEC) in an ongoing courtroom battle.The XRP/USD exchange rate surged by up to 4.74% to reach $1.296 for the first time since Aug. 23. The pair's climb appeared alongside a spike in…