Australia has aimed to regulate operations of various online platforms following the filing of civil penalty proceedings against Telegram. This case represents regulatory measures by states that are increasingly applying pressure to ensure that major messaging platforms regulate themselves to prevent the spread of extremist materials through their platforms. Civil
As of July 30, Zcash (ZEC) is found under pressure. The broader market continues to dictate its direction under the bears. Also, several attempts have been made to attract the potent bulls. The negative price alignment confirms that sellers dominate the charts. Only when the buyers enter the ZEC market
The Ethereum Foundation has improved its governance through the inclusion of renowned blockchain security expert Pascal Caversaccio to its board of directors. The announcement came on July 29 and is evidence of the Foundation’s emphasis on privacy, cybersecurity, and sustainable protocol resiliency as Ethereum continues to grow across the world.
Russia’s cryptocurrency mining sector faces increased scrutiny after authorities expanded the legal case against BitRiver founder Igor Runets. A Moscow court ordered Runets into formal detention on July 22 after prosecutors added fraud charges to an ongoing tax investigation. Prosecutors allege he orchestrated fraudulent mining equipment transactions involving entities linked
Binance US CEO Steven Gregory announced at the RareEvo conference in Las Vegas that the exchange plans to apply for a Commodity Futures Trading Commission Designated Contract Market license next month. If approved, the license would allow Binance US to launch its own regulated prediction market in the United States,
The frog-themed meme coin, PEPE, has dropped 2.36% in value and is currently hovering at around $0.000002747. Its daily trading volume is at $173 million, with over a 17% plunge. At first glance, the price action appears bearish. However, a closer look at the chart shows PEPE forms a symmetrical
Russia has intensified its long-running dispute with Telegram after announcing criminal charges against founder Pavel Durov over alleged terrorism-related activities. The Federal Security Service, known as the FSB, confirmed the decision while issuing an international arrest warrant against the billionaire entrepreneur. Authorities accused Telegram of failing to remove material allegedly
As of today, Solana (SOL) is trading at $73.96, up by 1%, with its trading volume at $1.85 billion, down 7%. That volume drop during a critical support test is noteworthy. Also, the market has seen $7.76 million in SOL liquidations over the past 24 hours, adding pressure to an
Cardano (ADA) is currently trading within the $0.1629 range, up by over 4.87%. Its daily trading volume has climbed 21% to $371.43 million. Significantly, two levels broke in quick succession. The three-day base at $0.1641 went first. Then $0.1571 cracked on the biggest candle of the week, flushing price all
With the increase in institutional interest in Bitcoin, the focus has now moved from competition in the market to issues regarding the future governance of the Bitcoin network. According to Michael Saylor, Bitcoin is now well-established as a major digital currency. But will face increasing questions about how to make
