New record: Bitcoin surpasses $1.6 trillion market cap

The United States Financial Crimes Enforcement Network (FinCEN) has issued new guidance that contains its financial regulation policies concerning Decentralized Applications (DApps) on May 9.In the introduction to the guide, FinCEN notes the guide serves to clarify and provide examples to make compliance easier for entities whose activities fall under the purview of the Bank…

The Finnish Financial Supervisory Authority published stricter rulings regarding crypto marketing. 37 Total views 1 Total shares Hot on the heels of the rising cryptocurrency hype, Finnish regulators have dropped a formal notice. On Nov. 24th, the Financial Supervisory Authority (FIN-FSA) stated:“Only registered virtual currency providers can market virtual currencies and related services in Finland.…

In the last 24-hours, Ether (ETH) rallied above $1,900 to a new all-time high and this breakout reflects a strong 45% gain for just February alone. Aside from Ether following Bitcoin's (BTC) bullish momentum, the move has been partially fueled by the news that BlackRock is considering future cryptocurrency investments and Microstrategy's $900 million convertible notes offer to…

More than $140 billion has exited Bitcoin markets over the past seven days. 582 Total views 9 Total shares As Bitcoin markets begin to form another daily red candle, its market capitalization has dropped back below $1 trillion once again.The third major correction in the current bull market is deepening and prices are already down…

With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have been moving beyond finance, developing solutions targeted at issues like unemployment, identity management, health care and supply…

Nonfungible token (NFT) memes have brought mainstream attention to the world of NFTs and digital art, helping to expand the market and increase its legitimacy. The high prices paid for some NFT memes have demonstrated the value of online culture and the emotional connection that people can have to internet memes. NFT memes have also…

Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media. 429 Total views 10 Total shares Patricia — a Nigerian gift card and crypto trading platform — has encountered a security breach, prompting immediate measures to safeguard its users. As a precautionary step, the platform has temporarily suspended fund…

Zero-knowledge (ZK) proofs, or cryptographic methods that allow one party to prove to another party that something is true without revealing any sensitive underlying private information, have been a hot topic of discussion among crypto veterans. At last week's zkDay event as part of EthCC Paris, over 2,000 attendees arrived at a small venue by…