Lawyers overseeing FTX’s bankruptcy have said they expect customers of the failed crypto exchange to be reimbursed in full. The money to pay back creditors would come from FTX’s investments, which have appreciated enormously in value since the lows following the exchange’s collapse. SBF is expected to face a significantly less severe sentence for his […]

Ethereum has been on an upward trajectory over the past week, surpassing the $2,600 mark with a notable 7% gain, indicating a strong positive momentum in the market. However, today, the token experienced a slight dip in value, seeing a nearly 2% decline and currently trading at $2485. Spotonchain data reveals an intriguing development involving […]

The price of IMX has surged by more than 10% today and 32% over the past week, marking a significant uptick following a period of neutral trend.  This notable increase indicates a growing bullish sentiment surrounding the currency, fueled by increased bull power within the cryptocurrency industry. In tandem with the price surge, Immutable’s 24-hour […]

Secret Network’s native token, $SCRT, has experienced a remarkable surge, emerging as the top gainer on leading cryptocurrency exchange Binance. With a staggering 500% increase in trading volume within 24 hours and a notable 24% price surge, $SCRT has captured the attention of the crypto community. Secret Network’s prominence in the Cosmos IBC ecosystem is […]

Investors are expressing apprehension following news that Daniel Wang, the creator and former CEO of Loopring, a decentralized exchange protocol, transferred a significant portion of the system’s token, LRC, to Binance, the leading cryptocurrency exchange platform.  This move has contributed to a decline in the token’s value, which had experienced a 5% increase over the […]

FSCA announced in 2023 that all VASPs in the country would be required to apply for a license as part of a new regulatory regime. The deadline for the applications was last November 30, 2023. […] Read More… The post South Africa edging closer to issuing VASP licenses: FSCA official appeared first on CoinGeek.

The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules, which explicitly target decentralized exchanges’ (DEX) liquidity providers (LPs) with at least $50 million in assets. […]

Dogecoin (DOGE) saw a 4.5% decline in value, which shocked the cryptocurrency market. This decline occurred shortly after reports surfaced about Elon Musk, the mysterious founder of the X platform, who was called back to provide testimony in a regulatory investigation regarding his purchase of Twitter. Technical indicators show that Dogecoin bulls are having difficulty. […]

Ethereum price is moving higher above the $2,500 resistance against the US Dollar. ETH price is now trading above $2,550 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,580 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it […]

The Philippines central bank, or Bangko Sentral ng Pilipinas, is preparing to launch a Central Bank Digital Currency (CBDC) in the next two years to counter the rising use of crypto in the country, according to local media reports. Central Bank Governor Eli Remolona Jr. announced the plan on Feb. 12 and said the regulator […]