Chainalysis sets up regional HQ in Dubai amid local crypto boom

On May 12, Telegram officially terminated its involvement in its planned blockchain project, the Telegram Open Network, and its corresponding GRAM token. Apparently ending its long-running legal battle with the United States’ regulators, Telegram still needs to sort out $1.7 billion raised in an initial coin offering, or ICO, in 2018.Prior to abandoning the troubled…

Since the wake of the nonfungible token (NFT) boom, creators have been leaving their Web2 entities in droves and are carving their own lanes in the Web3 world. It’s not just technologists and artsy-creators who are pivoting toward Web3. For example, former American professional baseball player Micah Johnson pivoted to painting and focused his pieces on…

The fresh capital brings Tune.fm's total funding to $80 million. The funds will be used to reward artists and users within the platform.

The lack of statistical correlation between inflation and crypto prices has not deterred many investors from viewing the asset in this way, however. 579 Total views 12 Total shares Data from blockchain analytics firm Chainalysis suggests that Bitcoin (BTC) may not be the hedge against inflation that many seem to believe it is.“Right now, we can't show a…

The crypto exchange escapes regulatory scrutiny with a slap on the wrist, but no stock listing on exchanges until next month 581 Total views 9 Total shares After settling charges of improper reporting of exchange volume and “self-trading” with the CFTC yesterday, reports have emerged that cryptocurrency exchange giant Coinbase is set to push back…

South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country. 233 Total views 8 Total shares South Africa’s Financial Sector Conduct Authority (FSCA) has warned the country’s public against dealing with crypto exchange platform Binance.In a statement issued on Friday, the FSCA stated…

The proposal restricts Sam Bankman-Fried communication to a flip phone or other non-smartphone device with no internet access. 717 Total views 35 Total shares Own this piece of history Collect this article as an NFTThe United States Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), a court filing…

For crypto markets, the second quarter of this year has been the best three-month sequence since the bear turn of early 2018 put a brutal end to the dreams that the explosive growth of coin prices was to go on forever. Market capitalization ballooned from $144 billion on the last day of March to $339 billion…

New Bitcoin model based around quantum analysis predicts a potential BTC price drop as low as $2,000 before the next bull-run proper starts in 2022. 1042 Total views 21 Total shares Twitter analyst CryptoWhale teased a new model for Bitcoin (BTC) on June 2, which claims to use quantum analysis to predict future price. The…