The leading cryptocurrency mining platform, NiceHash, has announced that it is moving its operations from the British Virgin Islands to Zug, Switzerland. The transition, which started in November, should be finished by the middle of December. Along with ensuring compliance with the Markets in Crypto-Assets Regulation (MiCA) of the European Union and
Binance, the largest cryptocurrency exchange with over 250 million users, announced the delisting of the WazirX (WRX) token on December 25, 2024, at 03:00 UTC. The decision comes after Binance’s periodic reviews of listed assets to ensure standards like development activity, network stability, trading volume, and regulatory compliance. According to
Japanese investment firm Metaplanet expects to achieve its first consolidated operating profit since 2017. The Tokyo-based firm projects ¥890 million ($5.8 million) in revenue for the fiscal year ending December 31, 2024. This marks a 240% increase from the ¥261 million reported last year. Operating profit is anticipated to reach
As the cryptocurrency scene develops, one of the new players, Rexas Finance (RXS) is being watched. There’s a sight whale investors, especially those from Dogecoin, are making a sign of this one progressing token. Lacking the innovative nature of decentralized finance (DeFi) and innovative approach, Rexas Finance fills this gap
Dubai, United Arab Emirates, 18th December 2024, Chainwire
The overall crypto market has shown bearish signs in the past 24 hours. While Bitcoin slid to the $103K level, other cryptocurrencies followed suit. Ethereum has once again fallen to its support of $3.8K. On the other hand, one of the leading altcoins, Litecoin, has shown upward movements. In the
The Future of Blockchain: Interoperability, Scalability, and Usability Revolutionizing Decentralized Finance: MEV FLASH by MEV Bridge In a groundbreaking move set to redefine the blockchain and cryptocurrency landscape, MEV Bridge, a Dubai-based leader in blockchain innovation, proudly unveils MEV FLASH—a revolutionary financial tool designed to bridge the gap between decentralized
The U.S. Senate Banking Committee has canceled its vote on SEC Commissioner Caroline Crenshaw’s renomination. This decision effectively ends her tenure at the regulatory agency. Scheduled for December 18, the vote was called off due to a lack of legislative floor time, as confirmed by a Senate aide. 🚨BREAKING: A
The U.S. Treasury Department, in coordination with the UAE, has imposed sanctions on two Chinese nationals and a UAE-based company for their involvement in laundering millions in cryptocurrency for North Korea. This action underscores the U.S. commitment to countering financial networks that support North Korea’s illicit activities. The Treasury’s Office
In recent years, the cryptocurrency market has experienced significant growth, with Bitcoin leading the charge. However, as the industry evolves, alternative cryptocurrencies, or altcoins, are emerging with unique features and value propositions that set them apart. Among these, Toncoin (TON), Lightchain AI (LCAI), and Ethereum (ETH) stand out as potential
