Dubai-based cryptocurrency exchange Bybit has announced its decision to suspend operations in the United Kingdom in response to recent regulatory developments. The move comes after the Financial Conduct Authority (FCA) introduced new marketing regulations for crypto businesses. Starting October 1, new customers will be unable to open accounts with Bybit.
Excitement surrounds Trescon’s Digital Acceleration & Transformation Expo (DATE) as the Honorable Finance Minister Smt. Nirmala Sitharaman confirms to speak at the event and highlights India’s financial innovation and FinTech revolution. The inaugural expo, scheduled for 23-24 November 2023 at the newly inaugurated Yashobhoomi (IICC Dwarka) in New Delhi, is
While major cryptocurrencies, including Bitcoin, grapple with a downtrend in the market, the low-cap altcoin Terra Luna Classic (LUNC) has jumped to life with a significant breakout of a descending channel pattern. The cryptocurrency has gained nearly 12% (from $0.00005667 to $0.00006372) in intraday trading, and this unexpected surge has
Bitmain will supply Core Scientific with 27,000 latest generation bitcoin miners and signs new hosting agreement HONG KONG–(BUSINESS WIRE)–$CORZQ #bitcoin—World Digital Mining Summit – Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced Bitmain, the world’s
Utherverse brings almost 20 years of operational experience, patents and proprietary technology, millions of users and hyper-realistic experiences to the metaverse NEW YORK–(BUSINESS WIRE)–Utherverse, one of the largest metaverse platforms in the world, has begun taking reservations for its $1.235 million equity crowdfunding campaign with Republic, a leading investment platform
After a rigorous testnet period, a new decentralized marketplace for Bitcoin hashpower goes live Sept. 26th on the Arbitrum One network CHICAGO–(BUSINESS WIRE)–#bitcoin–The Lumerin Hashpower Marketplace will officially launch on September 26th, unlocking global access to Bitcoin mining hashpower for Web3 users. Launching on September 26th on the Arbitrum One
A measure to prevent efforts to establish a CBDC in the United States has been approved by a House committee. Concerns about impeding development and U.S. competitiveness in the international financial sector were at the forefront of the arguments that the contentious decision sparked on Capitol Hill. The committee, which
ARLINGTON, Va.–(BUSINESS WIRE)–EJF Capital LLC (“EJF”), a global alternative asset management firm, today announced the successful closing of EJF Ventures Fund LP (“EJF Ventures” or the “Fund”) with approximately $104 million in capital commitments. The Fund received support from both new and existing EJF investors. EJF Ventures seeks to invest
The cryptocurrency world is abuzz with anticipation as Bitcoin, the pioneer of digital currencies, approaches its next halving event slated for April 2024. This event is more than just a date on the calendar; it is more likely a seismic shift can have ripple effects across the entire Bitcoin ecosystem.
GameFi and SocialFi have emerged as the desired horizontals within the expanding Web3 landscape, poised to redefine the digital experience. A new frontier for social media and an innovative perspective on gaming are being curated with the power of decentralization. TheNewsCrypto had an intriguing conversation with Yawn Rong, the co-founder
