The second largest stablecoin USD Coin (USDC) depegged from its $1 parity owing to the shutdown of the US banking giant Silicon Valley Bank on Friday. The failure of this largest bank is registered as the worst banking crash since the 2008 financial crisis. The custom of crypto firms depositing
As the world of cryptocurrency and stablecoins continues to evolve and gain mainstream adoption, the importance of implementing effective anti-money laundering (AML) practices becomes increasingly crucial. By adhering to AML regulations and guidelines, the crypto industry can establish greater credibility and trust among investors and regulators, ultimately leading to a
Crypto Expo Dubai 2023 commenced with a successful amalgamation of the crypto industry’s leading experts and companies in the finest arena. The following is an exclusive interview with Katharine Wooller, the Business Unit Director of Coincover by TheNewsCrypto at this prime crypto event. About Katharine Wooller Katharine Wooller is the
Here are the top 5 trending cryptocurrencies on Twitter. Let’s check out the trending reasons now. Shiba Inu (SHIB) Over the past few weeks, Shiba Inu has witnessed a dramatic increase in the value of the Shiba Inu (SHIB) token, a digital asset. A virtual reality project called the metaverse,
Bitcoin (BTC) fell roughly 8% in the last 24 hours before Friday morning’s employment figures. But it has since recovered marginally, rising back to just around $20,000. A steady unemployment rate of 3.4% was predicted, but instead, the rate increased to 3.6%. Recent statistics indicate a frightening $2 trillion loss
Today, the Ethereum-based zero-knowledge (ZK) layer-2 blockchain CryptoGPT launches its native crypto token ‘GPT.’ By debuting its own currency, CryptoGPT is seekings to capitalize on the popularity of ChatGPT and artificial intelligence (AI). However, leading cryptocurrency exchanges such as Bitfinex, PancakeSwap, Uniswap, Bybit, Bitget, and others listed the new crypto
In conjunction with the Metropolitan Police, the largest police agency in the United Kingdom, Britain’s main financial regulator, the Financial Conduct Authority (FCA), stated on Wednesday that it has taken additional action against unlicensed crypto ATMs in East London. The FCA and the West Yorkshire Police conducted a series of
Global Digital Cluster Coin (GDCC) is now available on LBank and GDCC is expected to be listed on more exchanges in the upcoming days. The GDCC/USDT trading pair is now officially available to trade for LBank exchange users. Moreover, investors interested in the Global Digital Cluster Coin investment can easily
Even if the market were to tank, it seems like Visa’s cryptocurrency operations would continue as planned. The company behind the widely-used cryptocurrency exchange Gate.io, Gate Group, has announced that it would launch a Gate Visa crypto debit card. Gate has announced that it is now accepting registrations and waiting
Partnership Eliminates Complexities of DIY Crypto Tax Filing, Helping Users Remain Tax Compliant SAN FRANCISCO–(BUSINESS WIRE)–CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, today announced its partnership with H&R Block for the 2023 tax season, a leading tax preparation company. Through the partnership, users can now
