The Financial Conduct Authority has received the nod from Parliament to regulate digital currency promotions following the approval of the Financial Services and Markets Act. […] Read More… The post FCA pushes for stricter digital currency promotions with new rules for social media ads appeared first on CoinGeek.
American couple accused of laundering stolen Bitfinex funds arrange plea deal
A couple accused of money laundering in connection to a 2016 hack of the crypto exchange Bitfinex have reached a plea deal, Reuters said on July 21. Senior Judge Colleen Kollar-Kotelly has reportedly ordered prosecutors to file a copy of the plea deal from the accused, Heather Morgan and Ilya Lichtenstein, by July 27. A […]
Can Liquid staking tokens become the next big thing in DeFi?
Liquid staking tokens have gradually begun to replace native tokens as the primary DeFi collateral on various networks.
Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’
Twitter has not yet specified what the daily DM limits will be, and the move hasn’t been received well by both verified and unverified users.
Crypto’s Fading Fad: AI Takes Center Stage
According to Nassim Taleb, cryptocurrencies are losing popularity as many of their ardent supporters shift their enthusiasm towards artificial intelligence (AI). In a recent tweet, the author of “The Black Swan” observed that the once-booming crypto trend is starting to wane, with a particular demographic of tech-savvy young adults, often associated with spending long hours […]
Binance France records €4 million loss in 2022, optimistic for profit in 2023
Binance France first audited financial records covering 14 months between when the company was created in November 2021 to December 2022 showed that the exchange recorded a loss of €4 million. Throughout the period, Binance France incurred total expenses of €14 million to cater for its staff payroll, marketing, administrative costs, taxes, and professional fees. […]
Ethereum’s Silence Speaks Volumes: On The Verge Of $2,000 Return?
In the fast-paced world of cryptocurrencies, where XRP and Chainlink have been making waves recently, Ethereum seems to be quietly biding its time at $1,895. However, Santiment, a crypto insights provider, has sparked interest by revealing under-the-radar metrics that might suggest an imminent ETH surge above $2,000. Following its peak of $2,132 on April 16, 2023, Ethereum […]
OpenAI Brings ChatGPT to Android as AI Boom Continues
OpenAI wants to gain as many ChatGPT users as possible, and is going beyond web browsers by adding an Android app to its stable.
Dogecoin Becomes 8th-Largest Cryptocurrency After Adding $1 Billion To Market Cap
Dogecoin continues to cement itself as the largest meme coin by market cap, displaying signs of renewed enthusiasm every so often. This week, the meme-inspired cryptocurrency added over $1 billion to its market cap, making it the 8th-largest crypto. This was a result of Dogecoin’s surge of over 10%, boosting its market cap to more […]
Solana Posts Significant Network Improvement In Half-Yearly Report
Solana, the leading layer-1 blockchain, has made marked improvements through the first six months of 2023. A report published by the Solana Foundation on July 20 shed light on uptime, a measure of network reliability, the ratio of non-voting-to-voting transactions, the time to produce a block, and the average and maximum transactions per second. One […]