Sneha is a crypto enthusiast who loves turning complex crypto news into simple and clear information. She enjoys sharing the latest updates in the crypto world through engaging content that informs and keeps readers interested.
CZ’s Cryptic Post Changpeng Zhao (CZ), the former CEO of Binance, has once again set the cryptocurrency community with curiosity. With sharing a close up image of a keyboard’s Alt key and posing, “Which key is available on Windows and Linux, but not on Mac?” CZ left the answer clear:
December 3, 2024 2 mins read
Coinbase Receives Virtual Currency License from NYDFS Coinbase, Inc., a leading cryptocurrency exchange, has been granted the authority to engage in Virtual Currency Business Activity by the New York State Department of Financial Services (NYDFS). This license allows Coinbase to legally operate and offer its services within the state of
December 3, 2024 2 mins read
Changpeng Zha CZ, the former CEO of Binance, has been a well-known figure in the cryptocurrency world. He built one of the largest crypto exchanges, but his journey changed in 2023 when he stepped down as CEO after admitting to charges of money laundering and breaking U.S. sanctions. Despite the
December 2, 2024 2 mins read
The NFT market, once a big hit in the crypto world, is starting to recover after months of slowdown. According to recent CoinGecko data shows the market has grown 17.3% to $8.8 billion in December, with daily trading volumes up nearly 48% in the past day. November also saw a
December 2, 2024 2 mins read
In November, Grayscale Trust Investments saw a major pump in cryptocurrency holdings, with altcoins like Stellar (XLM) and XRP showing impressive gains. Grayscale’s Crypto Portfolio According to data from Cryptorank, Grayscale portfolio grew by 85%. That in market value during the month, mainly driven by Stellar, XRP, and Decentraland (MANA).
December 1, 2024 2 mins read
Brian Armstrong, CEO of Coinbase, discussed on financial regulations with his recent post on X. Armstrong criticized Anti-Money Laundering (AML) regulations, calling them a “failed policy.” He highlighted statistics, that AML efforts cost global agencies around $213 billion annually but prevent only 0.2% of illegal activities, as per a report
December 1, 2024 2 mins read
Central Bank of Brazil Proposes Restrictions Brazil’s Central Bank (BCB) has proposed new rules that could change how people use stablecoins. The proposal suggests banning centralized crypto exchanges from letting users withdraw stablecoins, like Tether (USDT), to self-custody wallets. Users store their digital assets in these wallets instead of relying
November 30, 2024 2 mins read
RLUSD Receives Approval from NYDFS According to Fox Business Report, Ripple Labs, a company known for its cross-border payment solutions. Is getting ready to launch its stablecoin, RLUSD, after receiving approval from the New York Department of Financial Services (NYDFS). The stablecoin pegged 1:1 to the US dollar, is expected
November 30, 2024 2 mins read
Chinese company SOS Ltd, listed on the New York Stock Exchange, announced on November 27 that it will invest $50 million in Bitcoin. This move shows the company’s growing belief in Bitcoin’s potential as a valuable asset. The company aims to use this investment to strengthen its position in the
November 29, 2024 3 mins read
Sam Altman-backed World Network, formerly Worldcoin, has launched a pilot for its World ID Passport Credential. The program is being tested in countries like Chile, Colombia, Malaysia, and South Korea. Which is aiming to transform online identity verification and offer users a chance to earn extra WLD tokens. With people
November 29, 2024 2 mins read