Thailand’s Office of the Securities and Exchange Commission (SEC) has lifted restrictions on digital token investments, ushering in a transformative era for crypto enthusiasts. Notably, the SEC’s latest press release, dated January 18, unveils updated criteria aimed at fostering a secure and vibrant digital asset landscape. Meanwhile, these regulatory changes, effective from January 16, 2024, […]

At a mee­tup in Dubai, Binance co-founder He Yi addre­ssed the legal circumstances of Changpeng Zhao, also known as CZ. Yi provided reassurance­ regarding the former CEO’s situation, as CZ awaits se­ntencing in the United State­s. Despite the impe­nding legal consequence­s, Yi described CZ’s position as “largely pe­aceful.” This update was shared during the­ Token2049 […]

India prepares to unveil its Union Budget for 2024 on February 1. Meanwhile, the domestic cryptocurrency sector is holding its breath for a significant tax cut. Rajagopal Menon of WazirX has expressed the community’s hopes to CoinGape, advocating for a substantial decrease in the Tax Deducted at Source (TDS). He said, “We hope that the […]

Bitcoin price fell below $60,000 today after reports of Israel missile attack on Iran surfaced, which were later confirmed to be Iran’s defense systems taking down drones. Meanwhile, Bitcoin and Ethereum prices rebound due to short squeezes, but traders brace for the last crypto options expiry ahead of this Bitcoin halving as volatility prevails in […]

VeChain, a prominent blockchain-based protocol, became the latest victim of a cyber attack when its official X account was compromised on January 18, 2024. The hackers used the account to orchestrate a scam giveaway, targeting VeChain (VET) and Ethereum (ETH) holders with promises of lucrative returns. This incident adds to the growing list of cybersecurity […]

Bitcoin price update: After taking investors on a rollercoaster for the last two weeks, the crypto market started to move up on Friday, hours before Bitcoin halving. Investors who had been anxiously waiting for the green light rallied behind BTC price and also the altcoins, most of which are witnessing modest gains. Ethereum, the second-largest […]

The world’s largest cryptocurrency Bitcoin (BTC) continues to face strong selling pressure while extending its losses further by 3.45% on Thursday, and slipping under $41,000. With this, Bitcoin has extended its weekly losses in double digits to more than 10%. At press time, the BTC price is trading at $40,896 with a market cap of […]

Telegram, the widely used messaging service, has announced its commitment to The Open Network (TON) blockchain, revealing plans to tokenize emojis and stickers. This step denotes a more comprehensive engagement in blockchain technology, with the goal of forming an interactive and financially inclusive platform. Tokenization of Digital Assets At the Token2049 conference held in Dubai, […]

BlackRock, Bank of America, and others do not expect rate cuts coming in the next few months this year, postponing the earlier plans of starting rate cuts in March. The U.S. Federal Reserve kept the fed funds rate steady at 5.25%-5.5% for a third consecutive meeting in December as inflation continues to cool and Fed […]

Ordinals Developer will be launching Runes, a new standard for fungible tokens issued directly on Bitcoin right alongside the halving. The early hours of April 20 will see the launch of a token that was created by Ordinals founder Casey Rodarmor as a substitute for BRC-20, the first bitcoin fungible token system based on Ordinal […]