To prevent what it sees as a devaluation of its content, gaming giant Sega has declared a deliberate withdrawal from its blockchain activities. Co-chief operating officer Shuji Utsumi has said that the Tokyo-based company, known for games like Sonic the Hedgehog and Virtua Fighter, has no plans to include blockchain
The Canada Securities Administrators (CSA) have issued new rules for investment funds that hold or intend to engage in crypto assets, focusing particularly on meeting the requirements of securities legislation. Unlike the US SEC, Canada is acknowledging the benefits of crypto and Bitcoin and is progressively loosening restrictions on investment
In an incredible twist of fate, an investor called “SmartMoney” has transformed a small investment of $12K into a jaw-dropping $1.05 million in just 10 days. This remarkable achievement was made possible by their involvement with a popular new memecoin that has taken the cryptocurrency world by storm. It all
Since the Dutch authority did not grant Binance a virtual asset service provider (VASP) license certifying that it complies with anti-money laundering (AML) requirements, the world’s biggest cryptocurrency exchange has decided to leave the country. The exchange said in a statement that as on July 17, only Dutch citizens may
The crypto market has continued to capture the attention of investors with its rapid growth and global acceptance. The crypto market has experienced a new trend of 2.0 version memecoins. These cryptocurrencies were showing a massive surge in a short period of time. Some cryptocurrencies have emerged as top performers,
Financial authorities in South Africa have recently demanded that cryptocurrency exchanges register by the end of the year or risk legal action. By the end of the year, South Africa’s Financial Sector Conduct Authority has mandated that cryptocurrency exchanges submit applications for operational licenses. Since accepting applications for licenses began
The crypto market has continued to evolve with the arrival of new memecoins. Those memecoins have captured the attention of investors with sudden price surges. SHIB2.0, the recently launched memecoin, has experienced a massive surge after its launch. Among the vast array of memecoins that have emerged, SHIB2.0 has recently
In order to safeguard investors, the Securities and Exchange Commission (SEC) of Thailand has announced new regulations for companies that offer services related to digital assets. In accordance with the new regulations, companies providing digital asset services must clearly communicate the dangers of investing in cryptocurrencies. A predefined message must
To safeguard investor funds, the Monetary Authority of Singapore (MAS) is considering mandating that crypto exchanges maintain a dedicated trust. On Monday, the Monetary Authority of Singapore (MAS) allegedly ordered cryptocurrency exchanges in the country to start holding customer funds in trust. By the end of 2023, all crypto trading
After a significant attack that compromised more than 57 assets across many blockchain platforms on Sunday, July 2, Poly Network temporarily shut down its operations. Poly Network, an interoperability platform, was severely hacked over the weekend when an attacker used a flaw in the cross-chain bridge protocol to generate billions
