Regulatory woes faced by Binance in several countries have contributed to it taking steps to comply with local regulations over the past few weeks. The popular crypto-exchange has now appointed former U.S Treasury Criminal Investigator Greg Monahan as its Global Money Laundering Reporting Officer (GMLRO). The American official served the U.S government for nearly 30Continue reading “Binance reveals new appointment to make ‘wider industry a safer place’”

Institutional investors warming up to Bitcoin and other digital assets has been one of the key highlights of the crypto-industry this year. Former critic Kevin O’Leary is one of them, with the Canadian businessman finally revealing his crypto-investments recently. In fact, O’Leary has been an admirer of Bitcoin and Ethereum, in particular, as well asContinue reading “‘Beyond Bitcoin and Ethereum,’ this market leader has a position in…”

China’s war on crypto seems to be far from over after the People’s Bank of China decided to embark on a campaign to “promptly clean up and rectify” forex and cryptocurrency trading companies for illegally providing crypto-trading assets. Earlier today, the state-owned Shanghai Securities Journal reported that 11 companies will be “rectified,” or forced toContinue reading “Assessing China’s latest efforts to ‘promptly clean up and rectify’ crypto-entities”

The crypto-industry is increasingly starting to resemble a landmine since each and every step can land an entity in regulatory trouble. Spain’s National Securities Market Commission (CNMV) became the latest regulatory body to issue warnings to several cryptocurrency exchanges and other financial market-related businesses. In doing so, the CNMV alleged that these entities provided financialContinue reading “Spain’s CNMV issues warnings against Huobi, Bybit”

It is well-known that the much-awaited Alonzo upgrade will see Cardano integrating smart contract capabilities onto the network. While there is some way to go before its mainnet launch, a recent development has invited much enthusiasm. According to recent updates shared by IOHK, many exchanges are already readying themselves for the much-anticipated hard fork event.Continue reading “Cardano is taking these steps to ensure exchanges are ‘Alonzo-ready’”

Crypto adoption is not only expanding but also diversifying across communities, age groups, and other social strata. Blockchain technology was created as a means to decentralize the economy and finance in order for it to reach people equitably. While people from many economically weaker countries have adopted it as a hedge against inflation in theirContinue reading “This is what’s driving cryptocurrency adoption within American minorities”

The largest continent in the world has come forward as the foremost in leading the way towards crypto-adoption. A new survey studying retail crypto investment in 27 countries worldwide found that the top five amongst them were in Asia. Crypto Adoption The survey by Finder.com found that the highest in retail crypto investments was inContinue reading “Bitcoin adoption is skyrocketing in Asian countries, but why”

Singapore is the forerunner in the race to become the blockchain centre of the world’s largest continent. As crypto adoption gains traction worldwide, Singapore is leading the way with 67% of the population having crypto-investments, according to the State of Crypto in Singapore report published recently. The report was published by the cryptocurrency exchange GeminiContinue reading “This is what an average Bitcoin and crypto investor in Singapore looks like”

Since China’s mining crackdown started earlier this year, Chinese Bitcoin miners have been scrambling to find a new place. While nearby Kazakhastan and Russia were initially touted as potential candidates, all eyes have been drawn to North America now. Even as American states like Texas and Wyoming have been openly welcoming and inviting miners, manyContinue reading “This part of the Bitcoin industry ‘is an emotional game’; here’s why”

Cardano, which is referred to by many as a third-generation blockchain, is soon expected to announce the date for when its Alonzo Purple mainnet upgrade will go live on the network. The upgrade, which has been hotly anticipated by many, is poised to finally bring smart contract integration to the network, positioning it in theContinue reading “‘If Cardano gets it right then we could still see it rally a couple of hundred percent after…’”

Even as the American federal government is raining hard on the crypto industry, one state stood out due to its embracement of the novel technology, which is Wyoming. Christened the Wild West of crypto, this state passed 24 blockchain-friendly bills in recent times. Now, the latest bill that was approved by the state will allowContinue reading “What Wyoming is doing for the Bitcoin and crypto industry”

The Chinese mining crackdown earlier this year left a deep mark on the Bitcoin industry and network, causing its mining difficulty and hash rate to take a deep dive. As China had contributed to 2/3rds of the network’s total hash rate till then, the miner exodus cause hash rates to remain alarmingly low since then.Continue reading “How is this trend affecting Bitcoin’s mining”