Cryptocurrency exchange Bitstamp has recently made the decision to terminate its Ethereum staking service for users in the United States. The move comes as regulatory uncertainty continues to loom over the cryptocurrency industry. Bitstamp has given its US users until September 25 to earn rewards on their staked assets, after which the tokens will be
In a recent development, the U.S. Securities and Exchange Commission (SEC) has filed charges against John DeSalvo, the creator of a minor cryptocurrency known as Blazar Token. DeSalvo, a former State Correctional Police Officer in New Jersey, allegedly raised $620,000 from 220 investors before the token collapsed in May 2022. This article aims to shed
The impact of technological advancements on financial markets cannot be underestimated. The digital revolution has revolutionized the way investors engage with the market, leading to an increased demand for groundbreaking innovations. One platform that has captured the attention of investors is yPredict, an AI-driven platform that specializes in crypto signals. With a recent funding of
The Kenyan government has taken a significant step in addressing the concerns surrounding the American-based cryptocurrency firm, Worldcoin. In response to the collection of biometric data that does not comply with Kenya’s data privacy laws, the government has established a 17-member committee to investigate the operations of Worldcoin. This article will delve into the details
Binance.US, one of the leading cryptocurrency exchanges in the United States, is embarking on a significant transition. Prompted by regulatory pressures, the platform has made the strategic decision to become a crypto-only exchange, replacing USD with USDT (Tether) as its base asset. This move comes as a direct response to the suspension of USD channels
The world of cryptocurrency trading is undergoing a transformation, thanks to the advent of artificial intelligence (AI). With an increasing number of individuals entering the crypto market, the demand for reliable insights and accurate predictions has never been higher. Recognizing this need, yPredict, an AI-based crypto signals platform, has recently achieved a significant milestone by
EDX Markets, a leading institutional crypto exchange, has announced its strategic partnership with Anchorage Digital, a regulated crypto platform. The collaboration aims to strengthen the clearinghouse division of EDX called EDX Clearing, bridging the gap between traditional finance markets and the digital asset ecosystem. Jamil Nazarali, CEO of EDX, stated the importance of this partnership
Ran Neuner, the CEO of Onchain Capital and founder of Crypto Banter, has raised significant concerns about the structure of XRP and Ripple. While he acknowledges Ripple’s battle with the SEC, Neuner questions the moral and ethical implications of the company’s actions. According to him, Ripple has been selling tokens to fund its centralized operations,
In a surprising turn of events, Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, announced its closure on August 16. This decision, as stated in a tweet by the decentralized BNB Chain exchange Biswap, was not made lightly. Binance had to make a difficult choice due to the closing of its supporting
As altcoin markets continue to face challenges, ApeCoin (APE) has been hit hard, falling below the 20DMA and experiencing a tumultuous rejection from trendline resistance. This has left many BAYC bagholders worried about the future of ApeCoin, wondering if it will eventually reach zero. ApeCoin has had a catastrophic year, losing a staggering 93.5% since