crypto
54 articles about crypto — crypto guides, analysis, and market commentary.
Metamask Deepens Its Latam Footprint With Major Crypto Card Expansion Across 13 Countries
Expansion of Crypto-Powered Credit Card in Latam Metamask, a popular cryptocurrency wallet, has recently made a big announcement that has excited many in the crypto community. The wallet has expanded its crypto-powered credit card services to 13 countries in Latin America, making it easier for citizens in these countri
Binance Wallet's SpaceX IPO Subscription Attracts $557M Funding
What is Binance Wallet? Binance is one of the largest cryptocurrency exchanges in the world, with a daily trading volume of over $2 billion. It offers a variety of services, including spot and margin trading, as well as a crypto wallet. The Binance wallet allows users to securely store their digital assets and provides
Greece to tax gains from crypto, sources say
Legislation in the works The Greek government is currently working on a draft law that would impose a 15% capital gains tax on profits made from trading cryptocurrencies. This move is seen as a way to generate additional revenue for the cash-strapped country, which has been hit hard by the economic fallout from the COV
Chinese Executive Killed in Cambodia After Family Couldn't Pay $2 Million Crypto Ransom
Crypto ransom and tragic murder This shocking incident highlights the dangers of the crypto world and how it can be used for criminal activities. The victim, Wu Shuoyan, was the chairman of a major real estate company in China and was in Cambodia for a business trip. His captors demanded a ransom of $2 million in crypt
Exclusive: From lottery draws to fiscal spending, China broadens digital yuan footprint
Digital Yuan: China's Push for a Cashless Society With the rise of technology and the increasing popularity of cryptocurrencies, many countries are exploring the idea of a cashless society. China, in particular, is making a bold move towards this with its digital yuan. Let's take a closer look at this development and w
SEC approves Paxos as ‘blockchain-native' clearing agency
Paxos Approval as Blockchain-Focused Clearing Agency The recent approval of Paxos as a blockchain-focused clearing agency has caused a stir in the financial market. Paxos, a trusted name in the crypto space, has been granted the much-awaited stamp of approval from the Securities and Exchange Commission (SEC). This mark
Binance eyes Philippines return through SEC sandbox partnership
What is Binance? Binance is a popular cryptocurrency exchange platform that allows users to buy, sell, and trade a wide variety of digital assets. It was founded in 2017 by Changpeng Zhao and has quickly become one of the largest and most influential exchanges in the crypto market. The Controversy Surrounding Binance i
OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users
Hyperliquid's Oli Futures Contracts: Revolutionizing the Crypto Market Crypto enthusiasts and investors alike have been buzzing about the recent partnership between Hyperliquid and major oil companies. This collaboration marks a significant milestone in the world of cryptocurrency, as Hyperliquid's innovative Oli futur
SBI, Rakuten, Nomura line up to launch crypto investment trusts: Report
What are Crypto Investment Trusts? Crypto investment trusts are financial products that allow investors to gain exposure to cryptocurrencies without directly owning them. These trusts hold a basket of different cryptocurrencies and investors can buy shares in the trust, which represent their stake in the underlying ass
US Senate committee to weigh crypto bill in milestone for digital assets
What is the legislation? The legislation, known as the "Cryptocurrency Regulation Act," aims to establish a framework for cryptocurrency regulation in the United States. It would require cryptocurrency companies to register with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commissi
Europe's banks are going all in on crypto
The Rise of Digital Assets in European Banks In recent years, the world of finance has been undergoing a major transformation with the rise of digital assets. What started as a niche market has now become a global phenomenon, attracting the attention of traditional financial institutions. European banks, in particular,
Cybersecurity researcher uncovers fake Ledger sold on Chinese marketplace
Sub Heading: Signs of Suspicion The researchers discovered that the fake Ledger device's firmware contained code that was linked to Espressif Systems, a Chinese semiconductor company known for creating Wi-Fi and Bluetooth chips. This raised suspicions as to whether the fake device was manufactured in China and potentia
French minister says new measures are coming after crypto kidnappings
France Takes Action to Protect Crypto Holders France has been a leader in the cryptocurrency space, with a favorable regulatory environment and a growing number of companies and individuals embracing digital assets. However, with the increasing popularity of cryptocurrencies, there has also been a rise in crypto-relate
EToro to acquire crypto wallet Zengo in $70 million deal
What is a Retail Trading Platform? A retail trading platform is an online platform that allows individuals to buy and sell financial securities, such as stocks, bonds, and cryptocurrencies. It is designed for retail investors, or individual traders, rather than large institutions. Some popular retail trading platforms
Binance adds prediction market to its app for millions of users
Lowering Barriers for Retail Users The integration of gas costs into the Binance platform is a game changer for retail users. With gas fees often being a significant barrier for new users looking to get into the crypto space, this move by Binance makes it easier for them to participate in the market. Retail investors c
Schwab says even a 1% crypto allocation can reshape portfolio risk
Understanding Crypto Allocation When it comes to investing in cryptocurrencies, it's important to understand the concept of crypto allocation. This refers to the percentage of your overall investment portfolio that is dedicated to cryptocurrencies. Some popular crypto tickers include BTC (Bitcoin), ETH (Ethereum), and
SoFi announces 24/7 banking hub that blends traditional cash with crypto
Benefits of the New Service: - Instant Money Movement The new service offers instant money movement, allowing companies to transfer funds to and from their bank accounts in a matter of seconds. This not only saves time but also reduces the risk of fraud or delay in transactions. With the rise of cryptocurrencies, this
Crypto company Abra to go public in blank-check merger
What is Abra? Abra is a cryptocurrency wealth management platform that allows users to buy, sell, and store various digital assets such as Bitcoin, Ethereum, and Litecoin. Through its mobile app, Abra provides a convenient and user-friendly way for individuals to manage their crypto investments. Merging with New Provid
South Korea fines Bithumb $24 million, orders 6-month partial suspension over AML violations
What is KYC and Why is it Important? KYC, or Know Your Customer, is a process used by financial institutions and companies to verify the identity of their clients. It involves collecting personal information such as name, address, and identification documents, and using it to confirm the client's identity. KYC is cruci
BitMEX co-founder pledges $27M to London maths institute after Trump pardon
Ben Delo’s Legal Troubles: In the world of cryptocurrency, controversies and legal troubles are not uncommon. One such high-profile case involved Ben Delo, the co-founder of the popular cryptocurrency exchange BitMEX. In 2022, Delo pleaded guilty to violating US banking laws and paid a hefty fine of $10 million. The Pr
Crypto prices rally as Supreme Court strikes down Trump's broad tariff regime
Implications for Treasuries and the Dollar If the ruling on tariffs is negative, it could spell trouble for Treasuries and the dollar. This is because investors may lose confidence in the US economy, causing a decrease in demand for US Treasury bonds. In turn, this could lead to a decrease in the value of the dollar. I
Elon Musk's X to launch crypto and stock trading in ‘couple weeks'
Interacting with Ticker Symbols Users of our app will have the ability to interact with various ticker symbols for cryptocurrencies such as BTC, ETH, and ADA. This means they can click on these symbols within posts and be directed to the trade execution page. This feature will allow for quick and easy access to trading
Crypto.com Unveils US Prediction Markets Platform as Legal Pressure Mounts on Rivals
OG Platform Launches Amidst Regulatory Pressure As the cryptocurrency market continues to grow, the demand for reliable and secure trading platforms has also increased. In response, Crypto.com has launched its standalone platform, OG, which offers advanced trading features and enhanced security measures. With the launc
U.S. SEC, CFTC chiefs push united front on paving the way for crypto
Harmonization Event: CFTC and SEC Join Forces The Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) recently held a joint event to showcase their commitment to working together. This event, led by new CFTC head Mike Selig, highlighted the agencies' efforts to harmonize their regul