The United Arab Emirates (UAE) is reinforcing its commitment to combat money laundering and terrorism financing by updating its Anti-Money Laundering (AML) and sanctions rules. These new provisions specifically target digital assets, addressing the evolving challenges posed by virtual asset transactions. The UAE’s proactive and adaptive approach to crypto regulation has positioned it as a
Coinbase, one of the largest cryptocurrency exchanges, has recently announced its registration to provide cryptocurrency services in France. This move comes after the company received approval from France’s Autorité des marchés financiers (AMF) to operate within the country. With this registration, Coinbase is now authorized to offer a range of retail and institutional services, including
In an industry that is constantly evolving, artists are continuously seeking innovative ways to share and monetize their creative works. The partnership between Sound and BASE, an Ethereum layer 2 platform developed by Coinbase, offers a groundbreaking opportunity for artists to leverage blockchain technology in their music creations. By minting their music on BASE, artists
Shibarium, the Shiba Inu Layer 2 network, has been making impressive strides in recent weeks, exceeding expectations and reaching significant milestones. Initially, there were doubts surrounding the sustained growth of the Ethereum-based layer 2 network launched by the Shiba Inu team. Following its launch, the network experienced a decline in usage that persisted for several
Worldcoin, a digital currency project developed by Tools for Humanity (TFH), has recently disabled its offline orb verification feature for users in India, Brazil, and France. This decision was made due to the overwhelming response from users in these markets, leading to long queues at verification venues. The suspension of this feature has raised concerns
The cryptocurrency market has been a hot topic of discussion among investors and traders worldwide. While Bitcoin (BTC) and Ethereum (ETH) have traditionally dominated the market, there is growing excitement surrounding altcoins. In a recent video by the popular YouTube channel Crypto Banter, the crypto market analyst shares his bullish outlook on the altcoin market.
The PancakeSwap community has recently put forth a proposal to lower the overall supply cap of its native token, CAKE. The goal is to reduce the total supply limit from 750 million to 450 million. This proposal stems from the consistent deflation of CAKE in recent months and the platform’s focus on advancing towards ultrasound
Near Protocol has experienced a significant surge in its price, with a staggering +20% increase. This rise has prompted traders to question whether it is too late to invest in Near Protocol. The growth across Near Protocol has been remarkable, as it has become the number one platform in terms of daily active users in
In the ever-evolving world of cryptocurrencies, the recent months have witnessed a surge in explosive DEX-traded tokens. These moon-shots, such as APX, SAMBO Bot, and BabyGROK, have captured significant attention from traders seeking lucrative returns. Among the latest meme coins to gain traction are CHEEBS and AVAXINU, which have experienced astronomical rallies of up to
In the ever-evolving world of blockchain gaming, Oasys has taken a significant step forward by partnering with Datachain and Toki to improve the interoperability of Web3 games developed on its platform. This collaboration marks a pivotal moment in Oasys’ quest to expand its ecosystem and aligns with its ambitious “Dragon Update” roadmap. By focusing on
On-chain data reveals a concerning trend as XRP whales make significant exchange inflows, potentially signaling negative implications for the asset’s price. These large transactions, totaling at least $10.9 million each, have caught the attention of market observers. Understanding the motives behind these transfers and their potential impact on the market is crucial to navigating the
Yellow Network, a peer-to-peer Layer3 blockchain platform, has recently announced the launch of its beta testnet, accompanied by an exclusive incentive program. This initiative aims to attract testers who will participate in network activities and receive rewards in return. By addressing the challenges of digital asset transactions, such as counterparty risk and fragmented liquidity, Yellow
In a recent court filing dated Dec. 20, it has been revealed that former FTX CEO, Sam Bankman-Fried, has been denied his request for an adjourned sentencing hearing. Bankman-Fried, who had hoped for a postponement of four to six additional weeks, would have seen his sentencing date pushed into May 2024. However, this request has
Bitcoin’s layer 2 blockchain Stacks (STX) has recently experienced a surge in value following an endorsement from billionaire investor Tim Draper. This article examines the impact of Draper’s support on Stacks and explores the potential of this emerging protocol. A Game-Changing Protocol Stacks, launched in January 2021, is a smart contract and NFT-compatible blockchain that