Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,403,921,908,004.57
  • 24h Vol: $52,918,254,109.79
  • BTC Dominance: 56.56%

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Blockchain Industry Players Launch MiCA Crypto Alliance in the EU

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The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, fostering a sustainable and compliant crypto ecosystem. The MiCA regulation, set […]

Blockchain Industry Players Launch MiCA Crypto Alliance in the EU Read More »

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Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin

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Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which holds a UK banking license, aims to ensure compliance and safety with this

Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin Read More »

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DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024

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DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies by market capitalization. The initiative aims to provide sophisticated tools for managing digital

DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024 Read More »

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Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020

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On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to the Federal Open Market Committee (FOMC) press release, the central bank remains focused on reaching

Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020 Read More »

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NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles

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Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both physical and digital collectibles. Among the collectibles is a unique diamond-encrusted Rubik’s Cube from Eliantte & Co. The initiative also

NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles Read More »

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Azuki NFT Creator Chiru Labs Buys Anime.com to Expand Digital Footprint

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Chiru Labs, the creator of the Azuki non-fungible token (NFT) collection, has acquired the domain Anime.com as part of its strategy to deepen its involvement in the anime world. This move is seen as an effort to expand their digital footprint and integrate more closely with the anime community. The acquisition of Anime.com is expected

Azuki NFT Creator Chiru Labs Buys Anime.com to Expand Digital Footprint Read More »

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Nigeria Accuses Four Crypto Traders of Forex Regulations Violations

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The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu, Nnamdi F. Okereke, Oty Ugochukwu Stanley, and Chukwuebuka F. Ogumba. The defendants are accused of violating the Banks and Other Financial

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Moonpay Secures Registration to Offer Digital Currency Exchange Services in Australia

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Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment processing relationships and offer Australian users alternative payment methods such as Osko and Pay ID. As a registered entity, Moonpay will comply with Australia’s AML/CTF

Moonpay Secures Registration to Offer Digital Currency Exchange Services in Australia Read More »

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Hong Kong SFC Seeks Industry Feedback on New Licensing Rules for OTC Crypto Services

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Hong Kong’s Securities and Futures Commission (SFC) is actively seeking input from industry participants on proposed new licensing regulations for over-the-counter (OTC) cryptocurrency services. The initiative aims to establish a comprehensive framework that mandates licensing and adherence to anti-money laundering (AML) and counter-terrorist financing regulations. This move, which includes joint supervision by the SFC and

Hong Kong SFC Seeks Industry Feedback on New Licensing Rules for OTC Crypto Services Read More »

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US and Africa Urged to Collaborate on AI Development

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A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance of collaboration between the U.S. and Africa in AI development

US and Africa Urged to Collaborate on AI Development Read More »