Bitcoin (BTC) and Ethereum (ETH) are not considered securities, according to the Financial Services and Markets Authority (FSMA) in Belgium. Regulatory organizations all over the globe are attempting to define the emergent asset class. But thus yet, only a few of them have been successful. It’s worth noting that the
Dogecoin, the largest memecoin and Tesla CEO Elon Musk’s favorite crypto, exhibited a 24% price surge since last week. The episodic spikes in DOGE’s price never fail to conquer the crypto community’s attention. Rationale Behind Dogecoin Price Surge? No single event or action can be regarded as the prime reason
The ultimate responsibility is now on SBF’s political contributions, despite predictions from experts that he would likely face prison time for misusing crypto cash. Sam Bankman-Fried’s contributions to the U.S. Midterm Election 2022 made news in the first week of November, just days before the FTX collapsed. SBF was reportedly
Following the success of the past AIBC Summits in Dubai, Toronto, and the Balkans, SiGMA Group organised the flagship event. This November, the best names in Crypto, Blockchain, and Emerging Technologies have assembled for Malta Week 2022. In the centre of the Mediterranean, from the 14th to the 18th of
The largest cryptocurrency by market cap, Bitcoin (BTC), is still highly rejected as long as there is still market volatility globally. Over the last weekend, Bitcoin’s price dropped to $15,000 rage, leading to bearish momentum in the global crypto market. Also, Bitcoin wallet addresses fell by over 80%. In the
Crypto Influencers were compelled to clarify that an inside joke regarding Wrapped Ethereum’s (wETH) “insolvency” over the weekend was just a “shitpost” after some members of the community mistook it for the truth. On November 26, false rumors claiming that wETH is insolvent and not backed 1:1 by Ether (ETH)
Vladimir Putin, President of Russia, agrees that a new digital payment system is needed for global settlements. According to proponents of the new payment system, no banks nor third parties are necessary to process transactions. This information was leaked to the public by one of the regional media outlets. Distributed
Citing the difficult economic conditions and the absence of a clear recovery horizon in the venture capital sector, cryptocurrency exchange Lemon Cash said on Thursday that it will be laying off 38% of its workers, or over 100 people. CEO Marcelo Cavazzoli said in an interview that both the Argentine
Due to weak market performance and a larger computational demand amid increased network difficulty, Bitcoin miners’ income has dropped to two-year lows. However, miners have been able to recover losses thanks to a continuing decline in the Bitcoin hash rate over the last month. Bitcoin mining profits (from both block
Fenix Games, a Web3 game developer, has secured $150 million in capital to purchase, invest, and deliver blockchain games. A publishing business dedicated to bringing blockchain games to a wider audience will be established with the funds. According to Jinse, a local news outlet, investors such as Phoenix Group and
