The recent introduction of the Property (Digital Assets, etc.) Bill by the Law Commission of the United Kingdom (UK) Parliament has significant implications for the legal recognition of digital holdings. This proposed legislation aims to recognize crypto, non-fungible tokens (NFTs), and carbon credits as personal property under British law. This marks a historic moment in
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The cryptocurrency market is witnessing a ray of hope as leading assets like Ethereum (ETH) have shown modest gains in the past 24 hours. After a steep decline that saw ETH’s value drop to $2,154 last Friday, the digital currency is now on the cusp of reaching the $2,400 mark. This upward movement has sparked
The Commodity Futures Trading Commission (CFTC) has recently announced a collaborative effort with federal and private organizations to address the increasing prevalence of crypto scams, specifically the rise of “pig butchering” schemes. These scams have resulted in staggering losses totaling billions of dollars, largely due to a lack of awareness and understanding among consumers. The
Over the past few weeks, bitcoin has faced a market correction of approximately 11%, leading to increased volatility in its price movements. Despite a brief rebound to $58,000, the cryptocurrency still has a considerable distance to cover before reaching its all-time high levels. Data from the blockchain market intelligence firm Santiment has shown that wallets
Tokocrypto, a subsidiary of Binance, recently made headlines by securing a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). This achievement solidifies Tokocrypto’s position as the third exchange in Indonesia to receive such a license, amidst stiff competition in the market. With 35 prospective crypto exchanges registered with Bappebti,
With the Federal Reserve hinting at another rate cut in the near future, the cryptocurrency market, including Cardano, is bracing for potential downside. Looking back at May 2019, when the Federal Reserve initiated its first rate cut, Cardano faced a sharp decline of 57%. This drop was followed by a prolonged downtrend until early 2020,
Rocky Rabbit’s much-anticipated Telegram game is set to have its airdrop on September 23, 2024, on The Open Network (TON). This airdrop is a significant milestone in the game’s development as it rewards early adopters and players who have actively engaged with the game’s mechanics and referral system. Players who participate in the airdrop will
A Nigerian court has decided to postpone the decision on the bail application for Tigran Gambaryan, a detained Binance executive, until October 9. The ruling was issued by Judge Emeka Nwite on September 4 after hearing arguments from both Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho, who opposed the bail request. Gambaryan’s
Phishing scams in the cryptocurrency industry have been on the rise, with scammers using various tactics to trick users into transferring their funds to malicious actors. Jameson Lopp, co-founder of CasaHODL, recently warned about a new phishing scam targeting Gemini users. The scam involves a fake data breach notice that falsely claims Gemini is partnering
Recently, ITC Crypto founder and CEO Benjamin Cowen pointed out a wedge chart pattern in the current cycle, highlighting similarities to previous cycles in 2019 but on a larger scale. He mentioned that the structure of ETH/BTC bottomed after an interest rate cut in 2019 and predicted a similar pattern with an impending rate cut
Recently, Zurich Cantonal Bank, one of the leading Swiss banks, made a significant move by introducing Bitcoin (BTC) and Ethereum (ETH) trading services in Europe on September 4, 2024. This marks a major milestone for the financial institution, allowing its customers to engage in 24/7 cryptocurrency trading and custody via its digital platforms like ZKB
The upcoming US presidential elections have sparked a considerable amount of interest and speculation within the cryptocurrency community. Analysts and experts are closely monitoring the possible outcomes of the elections, particularly in relation to the future price of Bitcoin. Thomas, a respected crypto analyst, recently shared his Bitcoin price prediction for 2030, incorporating the potential
Investors and gamers alike are increasingly turning to pre-market trading as a means of gaining early access to highly sought-after game tokens in the gaming industry. Platforms like Telegram have popularized games such as Hamster Kombat, Catizen, WatBird, and X Empire, offering traders the opportunity to secure tokens before they are released to the public.
The Digital Chamber (TDC) has recently made a bold call to Congress, urging the passage of legislation that would categorize certain non-fungible tokens (NFTs) as consumer goods rather than securities. This move comes in response to the Securities and Exchange Commission’s (SEC) increased scrutiny of NFT platforms, including a Wells notice issued to OpenSea, a