This year promises to be yet another exciting one for the world of cryptocurrency, as highlighted by the Q1 2023 reports from Messari, a leading provider of crypto market intelligence products. The company recently wrapped up its first-quarter reports on three prominent blockchain protocols: Tron (TRX), Ripple’s XRP Ledger (XRP),
The decentralized finance (DeFi) trend continues its relentless march, making a historic mark once again. The trading volumes on decentralized exchanges (DEXs) reflected this momentum, with a substantial increase of 13.5% recorded in May 2023. As reported by CryptoRank Platform, this upward trend reflects the growing trust in decentralized platforms.
Qatar Central Bank (QCB) has been criticized by the Financial Action Task Force (FATF). This is for failing to effectively implement QCB’s own policies forbidding virtual asset service providers. To successfully tackle developing kinds of criminal conduct. Such as punishing virtual asset service providers. Qatar has to enhance its skills,
The Commodity Futures Trading Commission (CFTC) has proposed new regulations for risk management to account for the potential impact of “evolving technologies” like cryptocurrency and AI. Commissioner Goldsmith Romero stated on Thursday that as a result of the emergence of distributed ledger networks, various sectors have started adopting or exploring
Binance, the leading cryptocurrency exchange, has successfully integrated Tether (USDT) on the Arbitrum One and Optimism networks. This integration aims to provide Binance users with faster and more cost-effective transactions, which ultimately enhances trading efficiency. Deposits for USDT are now open on both networks. #Binance completes the integration of Tether
TORONTO–(BUSINESS WIRE)–(Block Height: 792,455) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), is pleased to announce a strategic partnership with 360 Mining, Inc (“360 Mining”), a Delaware incorporated off-grid bitcoin mining company. Partnership Overview Under the partnership, Cathedra will deploy mobile data centers and bitcoin mining
The crypto market keeps evolving and drawing greater attention from investors. Bitcoin (BTC) has emerged as the de facto industry standard and attracted a sizable fan base and offshoots. However, BTC has not only been a trendsetter; many decentralized peer network-based cryptocurrencies are also making waves in the market. Since
Silvergate Bank, renowned for its crypto-friendly attitude, has agreed to submit a self-liquidation plan with California banking authorities within 10 days, marking a major breakthrough for the cryptocurrency sector. In light of the Federal Reserve Board’s consent decree against Silvergate Capital Corporation and Silvergate Bank, released on March 8, 2023.
On Thursday, Coinbase, the largest cryptocurrency exchange in the United States, said that on June 5 it will begin offering futures contracts for Bitcoin (BTC) and Ethereum (ETH) on its derivatives exchange, which is regulated by the Commodity Futures Trading Commission. It was also noted that institutional investors would have
On June 2, Twitter was inundated with user complaints about a “scam” crypto airdrop that seemed to have been promoted via the account of Mira Murati, CTO of artificial intelligence business OpenAI. Murati’s account seemed to tweet a phishing link advertising an airdrop of an ERC-20 token, which was shown
