Taiwan Mobile, a prominent player in the telecom industry in Taiwan, has taken a significant step by applying for a license to operate as a Virtual Asset Service Provider (VASP). This move has positioned the company as the 26th VASP in Taiwan, according to the latest report from the Financial Supervisory Commission. The company’s General
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In a groundbreaking move, Double Jump.Tokyo, a prominent blockchain application developer in Japan, has unveiled a new collaboration with gaming giant Ubisoft. This partnership is set to revolutionize the gaming industry by providing web3 integration support and serving as a key marketing ally for Ubisoft’s web3 game, Champions Tactics, specifically in the Asian market. Champions
Retroblock is an innovative GameFi platform that is set to transform the retro gaming industry. The platform focuses on competition, interaction, and rewards, providing players with a unique gaming experience. One of the exciting features of Retroblock is the launch of the Synth City Genesis NFT Collection, which consists of 1001 unique items representing various
One of the key factors that have contributed to the recent dramatic fall in Bitcoin’s price is the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This distribution has raised market anxiety significantly, as it represents 0.68% of the total Bitcoin supply. It is intended to be distributed among the creditors
The cryptocurrency market experienced a significant downturn in the last 24 hours, with the total capitalization dropping to as low as $2.07 trillion, marking an 8.6% decrease in just one day. This decline has caused major digital assets to plummet, with only a handful managing to buck the trend and see slight gains. Bitcoin, the
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been facing a significant downturn in the past week, with a 9% price decline bringing it down to $3,130. The market is now closely watching crucial levels that need to be maintained to avoid further losses and potential liquidations. Analysts are highlighting the importance of the
Bitwise, an asset management firm, has made changes to its S-1 registration with the SEC to enable the listing and trading of shares for a spot Ether exchange-traded fund (ETF). Following remarks from SEC Chair Gary Gensler indicating that approvals for spot Ether ETFs could be finalized by summer 2024, Bitwise’s updated Form S-1 registration
Samuel Edyme, popularly known as HIM-buktu, is a multi-talented individual with a diverse skill set. His career as a web3 content writer, journalist, and trader has shaped him into a unique individual in the crypto space. With experience writing for various industry giants such as AMBCrypto and Blockchain.News, Edyme has made a name for himself
BitMEX, a renowned derivatives exchange based in Seychelles, has recently introduced the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This innovative offering aims to provide traders with an avenue to access and speculate on the performance of leading meme coins in the market through a single contract. Termed as the “S&P500 for crypto meme coins,” this
As Bitcoin recently dipped below $60,000, crypto expert Michael van de Poppe has pointed out a crucial indicator that suggests a bounce may be on the horizon. Van de Poppe highlighted in a social media post that Bitcoin’s CME gap has closed, signaling a potential relief bounce from the current price level. According to his
The recent events in the crypto market have left investors and traders reeling from the impact of a widespread crash that has seen Bitcoin and altcoins plunge. The Bitcoin price, in particular, has been on a downward spiral, falling from support after support, causing chaos for tens of thousands of traders. The repercussions of this
The recent ruling by a US District Judge in Massachusetts denying DraftKings’ motion to dismiss a class action lawsuit concerning its NFTs has significant implications for the classification and regulation of NFTs. The lawsuit, initiated by Justin Dufoe, accuses DraftKings of violating federal securities laws with its sports-themed NFTs on the Polygon blockchain. The Howey
South Korea’s Financial Supervisory Service (FSS) is taking proactive steps to tighten oversight of crypto trading platforms within its jurisdiction. The regulator recently announced that local exchanges will be required to establish a continuous monitoring system for unfair transactions and report any abnormal activities promptly. This move aims to eliminate fraudulent transactions and ensure compliance
The recent court ruling on Binance’s BNB token has sparked a new wave of arguments in the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC). Ripple is using this ruling to argue against the harsh penalties imposed by the SEC for its sales of XRP. The company is citing the