Dubai does for crypto what Silicon Valley did for tech — Gov’t affairs firm CEO

Bitcoin (BTC) begins a new week barely clinging to $30,000 as a “bearish divergence” sets the tone.After a quiet weekend, BTC price action faces a potential pullback period within its broader bullish trend, traders say.What could be on the menu for the market this week? After a relative period of calm, external triggers are back…

As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements.

Cybercriminals earned $1.2 million in Bitcoin (BTC) through “sextortion” and bomb threat scams in the last 12 months, cybersecurity company Symantec reports on July 30.In sextortion scams, the scammers send victims emails that include an old password in the subject line, claiming the device is compromised. The message further states that the scammer is in…

The Ethereum network is processing more than double the transaction volume of Bitcoin, and is on-course to process $1 trillion this year. 495 Total views 2 Total shares The third-quarter decentralized finance (DeFi) boom has resulted in the Ethereum (ETH) network processing more than twice the daily transaction volume of Bitcoin (BTC).According to crypto market…

Bitcoin’s explosive gains are strongly reflected by the number of days it has closed above $16,320. 1127 Total views 1 Total shares The Bitcoin (BTC) price, which is currently sitting at $16,320, has only been at this level or higher for 12 days in the coin's entire 4,332-day history, representing just 0.28% of the cryptocurrency’s…

A recent Solana hackathon generated unique ideas leveraging the blockchain's architecture. 2181 Total views 8 Total shares Solana and Serum announced the winners of a recent two-week hackathon focusing on building decentralized finance projects on the Solana blockchain. A total of nine projects were eligible for the hackathon’s official prize pool, with an additional project…

The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results. 397 Total views 39 Total shares The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly…

Prosecutors have paused a United States Securities and Exchange Commission (SEC) lawsuit against the alleged operators of a $30 million fraudulent ICO amid concerns that proceedings may impact the integrity of a parallel investigation into the defendants.The United States attorney’s office for New Jersey intervened in the case on April 2.SEC suit paused amid integrity…

The two companies face antitrust probes in the US and EU over their partnership.