Crypto

In a surprising turn of events, rumors about Ethereum co-founder Vitalik Buterin’s alleged collaboration with the U.S. Securities and Exchange Commission (SEC) have been circulating. The speculation has sent shockwaves throughout the cryptocurrency community, as it potentially signifies a consequential shift in the regulatory landscape for digital currencies.   As one of the most prominent figures […]

Elon Musk has become a prominent figure in social media. With millions of followers on Twitter, his account has become a platform where his thoughts and opinions reach a global audience instantaneously. Among the various topics that Musk has delved into, one area that has felt his unmistakable impact is the NFT (Non-Fungible Token) market.  […]

Bitcoin, the groundbreaking cryptocurrency that introduced the world to blockchain technology, has witnessed tremendous growth and captured the attention of investors, technologists, and financial institutions. As it forges into the future, Bitcoin faces several challenges that may impact its widespread adoption and integration into the global financial system. In this article, what challenges lie ahead […]

As the digital economy continues to expand rapidly. The UAE has strategically positioned itself to become a global hub for cryptocurrencies and blockchain technology. In a statement, Brian Armstrong, the CEO of Coinbase, one of the world’s largest cryptocurrency exchanges, expressed his confidence in the UAE’s potential to lead the way in the crypto space.  […]

At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals. Less than three months later, bitcoin’s got its mojo back. With gains of more than 70% so far this year, it has outpaced other major […]

Shares of crypto-focused companies fell on Thursday in premarket trading after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX’s implosion last year reverberates through the industry. Analysts said a complete closure of the crypto lender could take one or two years depending on how quickly outstanding […]

An industry body set out a global framework on Thursday for trading derivatives linked to cryptoassets to avoid FTX-style collapses sowing confusion over ownership. The International Swaps and Derivatives Association (ISDA) published guidance for trading digital asset derivatives to clarify what happens when things go wrong in an underlying market, such as the collapse of […]

Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday. The cryptocurrency market floundered in 2022, as risk appetite diminished and various crypto firms collapsed. Investors were left with large losses and regulators stepped up calls […]