Wed, October 7

UK Authorities Crackdown on Unlicensed Bitcoin ATM Operations

A man from London is the first in the UK to face charges related to running an unlicensed Bitcoin ATM. After a search of a Chatham electronics store by the Kent Police on April 28, 2023, Habibur Rahman, 37, of Langdon Crescent, East Ham, was taken into custody. Moreover, the

September 2, 2024 2 mins read

$305 Million Pulled from Crypto Investment Products This Week

The global crypto market has briefly revived from the market dip, with the total market cap bouncing back to $2.05 trillion, marking a 0.23% increase. Notably, the trading volume has surged by 66.12% to $60.11 billion in the last 24 hours. Meanwhile, the digital asset investment products saw outflows totaling

September 2, 2024 2 mins read

Metaplanet and SBI Group Collaborate to Boost BTC Custody and Trading

On Monday, Metaplanet Inc., announced a strategic alliance with SBI Group, a partner of Ripple Labs, the industry leader in cryptocurrency payments. The Bitcoin trading, custody, and management collaboration between Metaplanet and SBI VC Trade has begun. This is an exciting step toward the widespread use of cryptocurrencies and future

September 2, 2024 2 mins read

Qatar Introduces Digital Assets Framework to Drive Financial Innovation

The Qatar Financial Centre (QFC) has officially launched its QFC Digital Assets Framework 2024, a regulatory regime designed to bolster the digital asset sector within the QFC. Developed in collaboration with industry stakeholders, including exchanges, custodians, and other market participants, the framework supports Qatar’s digital transformation goals by providing guidelines

September 2, 2024 2 mins read

Vitalik Buterin Highlights Glue and Coprocessor Architecture Benefits to Cryptography

Vitalik Buterin’s recent exploration into modern computing highlights a key trend: the division of tasks into “business logic” and “expensive work,” managed through a “glue and coprocessor” architecture. This approach revolutionizes various fields, notably cryptography, by enhancing efficiency and modularity. In computing, business logic handles the general, less intensive tasks,

September 2, 2024 2 mins read

Crypto Executives Host Fundraiser for Kamala Harris Amid Regulatory Concerns

Cryptocurrency executives are preparing a significant fundraiser for Vice President Kamala Harris in Washington on September 13, 2024, aiming to raise over $100,000. The fundraiser is scheduled between the Congressional Black Caucus and Congressional Hispanic Caucus conferences, aiming to attract a diverse donor base. Organized by crypto leaders such as

September 2, 2024 2 mins read

Will Solana NFT Market Rebound After August Decline?

Solana’s [SOL] NFT market demonstrated notable resilience in August, emerging as the second-highest blockchain by NFT sales volume, only trailing behind Ethereum [ETH]. According to data from Coin98 Analytics, Ethereum recorded $131 million in NFT sales, while Solana followed closely with $79 million. Bitcoin [BTC] also made it to the

September 2, 2024 2 mins read

OKX Appoints Former MAS Official as OKX SG CEO

OKX, a global cryptocurrency spot, and derivatives exchange which is now fully licensed in Singapore, hires former Monetary Authority of Singapore (MAS) officials as local CEO.  OKX’s Singapore entity OKX SG received the full Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This allows them to offer

September 2, 2024 2 mins read

Ripple Unlocks 1 Billion XRP from Escrow Prompting Market Volatility

In the wake of Ripple unlocking 1 billion tokens from escrow, the price of XRP fell. This action aims to improve market predictability and transparency via a long-term plan for managing the token supply. Despite this goal, investors were understandably wary based on the market’s quick response. With its well-coordinated

September 1, 2024 1 min read