Toncoin (TON) gains 10% after Binance Launchpool platform addition
Growth in its DeFi ecosystem and the upcoming Binance Launchpool addition have put wind in Toncoin’s sails.
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Bitget drops plans to seek crypto license in Hong Kong
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13. 265 Total views 2 Total shares Cryptocurrency trading platform Bitget has dropped plans to obtain a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market-related considerations.Bitget officially announced on

Kazakhstan Senate approves legislation regulating crypto service providers
The country's legislature has passed a law that would impose financial monitoring on crypto platforms. 64 Total views 3 Total shares According to new legislation passed by the upper house of the country's national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast. The…

Black Friday Rally to $170 for Ether? — Here’s What Must Happen
Earlier this week Ethereum’s token Ether (ETH) took a serious tumble as Bitcoin (BTC) price swiftly broke down to $6,560 on Nov. 25. The price dropped through numerous supports, forming a bottom at $131.60, a point not seen since March 25. As one would expect, Bitcoin’s drop to $6,560 quickly led the crypto market to become…

South Africa to mandate crypto exchange licenses by year-end: Report
South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed. 437 Total views 3 Total shares South Africa’s financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg.Financial…

FTC sues Facebook in antitrust lawsuit as regulators mount offensive
The United States Federal Trade Commission has filed a lawsuit against Facebook, Inc., where it alleges that the corporation has been engaging in anti-competitive practices ever since acquiring a dominant global position at the turn of the 2010s.According to public case files released on Wednesday, the regulator believes that Facebook has systematically purchased or reproduced…

Robinhood shares up 8% after launching betting markets hub
Robinhood has launched a betting markets hub as the online brokerage — best known for stock trading — expands its presence in emergent asset classes, including cryptocurrencies and event contracts, according to a March 17 announcement. Robinhood’s stock, HOOD, rose roughly 8% on the Nasdaq after the announcement, according to data from Google Finance. The

Chinese companies embark on a metaverse trademark race
Despite the Chinese central bank's proposal to monitor the Metaverse and NFTs, companies such as Tencent and Huawei are pursuing metaverse-related trademarks. 1517 Total views 16 Total shares Even though the People’s Bank of China’s (PBOC) warning on metaverse and nonfungible tokens (NFTs) in November, more than a thousand Chinese companies have submitted thousands of…

Aussies already lost $242M to investment and crypto scams in 2022
People over 55 and under 64 years of age represent the largest age bracket who have fallen prey to scams. 279 Total views 3 Total shares Australians have continued getting duped by investment and crypto-related scams, losing 242.5 million Australian dollars to scammers so far in 2022, according to Scamwatch’s latest data. From January to July…