A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
The Thai Securities and Exchange Commission (SEC) has proposed updating investment regulations to allow mutual and private funds to invest in crypto assets. This comes as the country sees growing interest in cryptocurrency, especially with more institutional players getting involved. The draft proposal released by the Thai SEC on Oct
October 10, 2024 2 mins read
The second largest crypto, Ethereum (ETH), is currently facing a challenging phase as its price hovers around $2,400, reflecting a slight 0.09% increase in the last 24 hours and a 0.49% rise over the week. However, this recent uptick comes amid broader concerns about its ability to maintain key support
October 9, 2024 2 mins read
After receiving a Wells Notice, Crypto.com is pushing back against the U.S. Securities and Exchange Commission (SEC). According to the report, the crypto exchange filed a lawsuit against SEC, Chair Gary Gensler, and its four commissioners alleging that the federal agency is overstepping its jurisdiction by regulating the crypto industry.
October 9, 2024 1 min read
The United Nations Office on Drugs and Crime (UNODC) has urged Southeast Asian countries to take strong measures against unlicensed virtual asset service providers (VASPs) in a new report. According to a 142-page page released on October 8, the involvement of some VASPs in facilitating illegal transactions for cybercrime groups
October 8, 2024 2 mins read
Linea, a Layer 2 zkEVM rollup backed by Consensys, recently dropped a detailed protocol proposal focused on decentralizing its network. The proposal, named “Towards Linea’s Decentralization,” was introduced by Florian Huc, a software architect at Linea. The document outlined how the network will transition to a permissionless system and establish
October 8, 2024 2 mins read
The price of Bitcoin (BTC) fell nearly 2% over the last 24 hours, after reaching a peak of $64,443 on October 7. At the time of writing, Bitcoin is priced at $62,438, 3.76% down from its earlier high. The cryptocurrency briefly dipped to an intraday low of $62,152, even as
October 8, 2024 2 mins read
At the start of this week, the crypto market has regained momentum, with the total market cap rising above $2.3 trillion. Bitcoin climbed back over the $63K zone, reaching as high as $63,987, with meme coins showing a significant rally. Dogwifhat (WIF) has been on a remarkable upward trend. In
October 7, 2024 2 mins read
The cryptocurrency market is displaying a positive shift this week, with Bitcoin climbing 2.5% and trading at $63,387, reaching an intraday high of $63,957. This upward movement comes as investors eagerly await Federal Reserve minutes of its monetary policy meeting, including the Consumer Price Index (CPI) for September, as well
October 7, 2024 2 mins read
The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are backing a class action lawsuit against Nvidia that has been revived, according to recent reports. The legal case revolves around claims that Nvidia manipulated its sales related to the cryptocurrency mining sector. In an amicus brief
October 4, 2024 2 mins read
Despite positive news surrounding Franklin Templeton’s proposed Bitcoin and Ethereum index ETFs, Ethereum (ETH) and Bitcoin (BTC) display price declines. As October begins, often referred to as “Uptober” for its historical bullish trends, market sentiment remains cautious, with both leading cryptocurrencies struggling to maintain momentum. Currently, ETH is trading around
October 4, 2024 2 mins read