In a recent email sent to select users on August 14, PayPal made an announcement that has left cryptocurrency enthusiasts in the U.K. disappointed. The message stated that the popular payment platform will temporarily pause crypto buying services in the country starting from October 1, 2023, with the intention to resume at an unspecified date
Bitcoin, the world’s leading cryptocurrency, has been experiencing a period of unusually low volatility. With the price hovering around $29,000, experts are closely monitoring the market for signs of a potential breakout. This prolonged period of stability is reminiscent of a similar phase in 2016, indicating that a significant price movement may be on the
The cryptocurrency industry is eagerly awaiting a potentially momentous decision from the Securities and Exchange Commission (SEC) regarding Grayscale Investments. This decision, expected to be announced in the coming days, could have significant implications for the approval of Bitcoin exchange-traded products (ETPs). All eyes are on Blackrock’s recent filing, along with other asset managers, adding
Chainlink, a decentralized oracle network, has extended its integrations to a total of 12 projects by partnering with Base, a Coinbase-incubated layer-2 network. This collaboration opens up new opportunities for developers building on the layer-2 blockchain, granting them access to Chainlink Data Feeds and other web3 services. With its native integration into Base, Chainlink offers
The Bitcoin Frontier Fund, previously known as Stacks Ventures, has made a groundbreaking move in the blockchain industry by launching the first-ever Bitcoin Ordinals accelerator program. This distinctive initiative aims to support startups that are spearheading innovation in the field of Ordinals. The program offers an enticing package including seed funding, access to funding pipelines,
The crypto industry is constantly evolving, and innovations in technology continue to push the boundaries of what is possible. One emerging trend is the integration of artificial intelligence (AI) into crypto platforms, and yPredict is at the forefront of this movement. With global investors backing the project, yPredict has secured an impressive $3.4 million in
Bitcoin mining has been experiencing significant growth in recent times, with the blockchain network reaching an all-time high in hash rate during the second quarter of this year. This surge in mining activity has resulted in an increase in mining revenue, driven by a spike in transaction volume for Bitcoin. Riot Blockchain, one of the
According to former SEC attorney John Reed Stark, the current SEC, led by Chairman Gary Gensler, is facing significant regulatory concerns that make it unlikely for a Bitcoin spot ETF application to be approved. One of the major issues is the ability to prevent fraud and protect investors. Interestingly, Stark observed that the topic of
Crypto lawyer James Murphy has described the amicus brief filed by six law scholars in support of Coinbase as “devastating” for the U.S. Securities and Exchange Commission (SEC). This legal document challenges the SEC’s claim that tokens trading on Coinbase are securities. In a post on August 12, Murphy praised the brief for undermining the
The US Commodity Futures Trading Commission (CFTC) recently exposed a fraudulent project involving precious metals and digital assets. The CFTC filed a complaint against four individuals and their unincorporated entity, Fundsz, for operating this deceptive scheme. Fundsz and its founders, Rene Larralde, Brian Early, Alisha Ann Kingrey, and Juan Pablo Valcarce, lured over 14,000 customers
