Numerous cryptocurrency advocacy groups, including CoinCenter, have voiced their strong opposition to a Senate bill that seeks to impose strict regulations on individuals involved in decentralized finance (DeFi). The proposed legislation, known as the Crypto-Asset National Security Enhancement and Enforcement Act (CANSEE), aims to hold DeFi platform operators and major stakeholders accountable for any illicit
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When Arkham Intelligence’s cryptocurrency, $ARKM, made its debut on July 18 at a price of $0.75, it initially generated excitement among investors. The price quickly reached a high of $1.05004, indicating strong bullish momentum. However, the cryptocurrency has faced challenges in sustaining its upward trajectory. Currently, $ARKM is trading at $0.5962, reflecting a 7.5% decline
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Societe Generale’s cryptocurrency arm, SG Forge, has made history by becoming the first company to receive a regulatory license as a Digital Asset Service Provider from the French Financial Markets Authority (AMF). This monumental achievement marks a significant milestone in the cryptocurrency industry and solidifies SG Forge’s position as a pioneer in the crypto assets
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In the second quarter of 2023, the cryptocurrency market experienced a notable shift as Bitcoin’s dominance increased in comparison to altcoins, which faced significant losses. According to CoinGecko’s industry report released on July 18, Bitcoin (BTC) and Ether (ETH) continued to build upon their gains from the previous quarter. However, other cryptocurrencies like Binance Coin
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Futureverse, a pioneering company in the rapidly expanding metaverse industry, has recently celebrated the successful closure of a remarkable $54 million Series A funding round. Spearheaded by strong support from 10T Holdings, LLC and Ripple, this funding round serves as a testament to the innovative vision embraced by Futureverse. The company’s mission centers around empowering
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TaxNodes, a platform dedicated to calculating taxes on cryptocurrency profits and facilitating Income Tax Return (ITR) filing, is taking a groundbreaking step in India. They have recently announced an initiative to provide complimentary Non-Fungible Tokens (NFTs) to all eligible customers who file their ITR for crypto gains through their platform. This move aims to express
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