• Indonesia: Crypto Products Required To Pass On Regulatory Sandbox After New Rule

    Indonesia’s regulatory agency has issued a new rule that could potentially affect crypto assets in the country. According to local reports, firms must introduce their products to the Financial Services Authority (OJK)’s Regulatory Sandbox. Related Reading: Crypto In The Spotlight: Estonia Greenlights Regulation Bill Crypto Assets To Be Tested On Regulatory Sandbox Local reports by […]

  • Bitcoin Difficulty Drops: Miners Hesitant To Expand Ahead Of Halving?

    On-chain data shows the Bitcoin difficulty has seen a drop in the latest network adjustment, suggesting the miners have stopped their expansion. Bitcoin Difficulty Drops 1% As Hashrate Remains Flat The “difficulty” is an in-built feature of the Bitcoin network that controls how hard the miners would find it to find blocks on the chain […]

  • Hedge Fund Goes Long Bitcoin, Short MicroStrategy: Details

    Kerrisdale Capital, a hedge fund, today disclosed a nuanced investment thesis: going long on Bitcoin while concurrently taking a short position on MicroStrategy shares. This move is predicated on the assessment that MicroStrategy, which has positioned itself as a de facto Bitcoin investment vehicle, is trading at a significantly unjustified premium to the underlying cryptocurrency […]

  • Venom Blockchain Developed In Abu Dhabi Drives Web3 Ecosystem Expansion

    Abu Dhabi, known for its economic strength in the oil industry, has entered the realm of blockchain technology with a team that built the Venom Blockchain for Web3 application, which recently launched worldwide. Over 20 Projects Ready To Launch On Venom Blockchain The Layer 0 (L0) Venom blockchain differentiates itself with an infrastructure capable of […]

  • Shiba Inu Lead Dev Tells Ethereum Founder, ‘It’s Just The Start’, Here’s Why

    Shiba Inu (SHIB) lead developer, Shytoshi Kusama, recently told Ethereum’s co-founder Vitalik Buterin that he should expect more improvement from the SHIB ecosystem soon. This comes in response to Vitalik’s comment in which he praised the meme coin. More To Come From SHIB Kusama responded to Vitalik in an X (formerly Twitter) post, in which […]

  • Canadian Authorities Probe $169M QuadrigaCX Crypto Scam In New Wealth Investigation

    In a significant development, the Canadian province of British Columbia seeks to employ an unexplained wealth order (UWO) against Michael Patryn, co-founder of the Quadriga Coin Exchange (QuadrigaCX). The UWO is a newly introduced court order that compels individuals to disclose the source of their assets. The Minister of Public Safety and Attorney General of […]

  • Top 3 Meme Coins That Can Give A 1,000% Return In The Bull Market

    The rave around meme coins and their popularity has proven that they will be a driving force in the upcoming bull market. As such, it is important for investors looking to make money in the market to position in good meme coins before the bull run commences. So, here are the top 3 coins that […]

  • Glassnode Data Shows Bitcoin at Crossroads: Time to Hold or Take Profit?

    According to on-chain data analysis by Glassnode, Bitcoin is at a critical juncture. When BTC soared to $73,800 in March 2024, printing new all-time highs, the Bitcoin market reached a statistically significant level regarding on-chain unrealized profits, according to the Market Value to Realized Value (MVRV) ratio. Bitcoin MVRV Ratio At Historically Significant Level: Time […]

  • House GOP Pressures SEC To Clarify Ethereum's Security Designation For Prometheum's Custody

    In a joint effort, Republican lawmakers led by House Financial Services Committee Chair Patrick McHenry and House Agriculture Committee Chair Glenn Thompson have called upon Securities and Exchange Commission (SEC) Chair Gary Gensler to provide further clarification on the agency’s stance regarding the custody of Ethereum (ETH) by Prometheum. The lawmakers, including Representatives French Hill, […]

  • Change Of Heart? Gaming Platform Security Breach Ends With $62M In Crypto Returned

    In the late hours of Tuesday, the crypto community saw another exploit. Munchables, the Ethereum Layer-2 NFT gaming platform, reported being compromised on an X post. The crypto heist, which momentarily stole over $62 million, took a shocking turn of events after the attacker’s identity opened a Pandora’s box. Related Reading: Crypto Hacks Total Value […]

  • Shiba Inu Scores Another Major Exchange Listing Amid Recovering Prices

    Shiba Inu has gained another remarkable milestone by scoring a major listing on Bit.com.au, an Australian cryptocurrency exchange. This achievement adds to SHIB’s growing list of accomplishments, reflecting the cryptocurrency’s recent surge in momentum and impressive performances. Australian Crypto Exchange Lists SHIB On Monday, March 25, Bitcoin.com.au officially announced the listing of Shiba Inu’s native […]

  • Ethereum Designated As Commodity By CFTC, Triggering Regulatory Conflict With SEC

    A recent development highlights the ongoing interagency drama between the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC): the classification of major cryptocurrencies has become a focal point of contention. Once again, the CFTC has affirmed its position that Ethereum (ETH) and several other cryptocurrencies should be classified as commodities, […]