BlockGuard, a leading Web3 platform, has entered into a strategic DeFi partnership with Pixelette Technologies, a prominent London-based blockchain and IT firm. This equity partnership is a significant milestone for BlockGuard, as it also welcomes Asif Ashiq Rana, Pixelette’s CEO, as an advisor. Rana, a key figure advising the British government on blockchain and AI […]
The United States Securities and Exchange Commission (SEC) is on the verge of approving a spot Bitcoin exchange-traded fund (ETF), a move that could significantly change the crypto landscape. However, the readiness of the United States to handle a surge of first-time crypto investors, particularly in terms of tax compliance, is questionable.Crypto investors, like their […]
In the wake of large pre-bankruptcy withdrawals, Celsius, a cryptocurrency company, is grappling with the challenges of regulatory compliance and financial stability. The company is actively pursuing a post-bankruptcy Bitcoin mining strategy, highlighting the complex and evolving nature of the crypto landscape where legal scrutiny and financial restructuring intersect.Meanwhile, Web3 platform BlockGuard has entered into […]
In a surprising development, San Francisco-based cryptocurrency exchange, Coinbase, has offered to assist the United States Securities and Exchange Commission (SEC) with cybersecurity following a breach of the SEC’s social media account. This proposal comes despite an ongoing legal dispute between the two entities.On January 9, the cryptocurrency market was disrupted by a post from […]
Phoenix Group PLC, a cryptocurrency mining and blockchain firm listed on the Abu Dhabi securities market, is investing $187 million to strengthen its position in the Bitcoin mining sector. The company’s subsidiary, Phoenix Computer Equipment, has announced an agreement with Bitmain Development PTI Ltd to purchase the latest mining machines. The deal, concluded through Cypher […]
In a landmark development for the world of cryptocurrency, the Bitcoin Exchange-Traded Fund (ETF) is set to receive formal approvals today, between 4-6 PM New Jersey time. This event is a significant milestone in the evolution of Bitcoin and cryptocurrency, marking its transition from a niche digital asset to a mainstream financial instrument.Bloomberg Analyst Eric […]
The crypto market is experiencing a bull run, with nearly every asset’s price increasing. Despite the euphoria, rising prices are not a sure sign of mass adoption. The market’s longevity depends on the demand for goods and services, and the connection between tangible goods and crypto’s intangible offerings is crucial to sustain the current bull […]
BitGo, a crypto custodial service provider, has secured in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI). This approval positions BitGo as a leading regulated digital payment token service provider in Asia. Once the full license is granted, BitGo will be able to offer a wide range […]
Apple has taken decisive action by removing the apps of nine major cryptocurrency exchanges, including Binance and Kraken, from its App Store in India. This move comes in the wake of warnings from the Financial Intelligence Unit-India (FIU-IND), a government agency tasked with monitoring financial transactions. The exchanges were accused of failing to comply with […]
The crypto market experienced a whirlwind of events on Tuesday when a tweet from the United States Securities and Exchange Commission’s (SEC) official X (formerly Twitter) account claimed that all Spot Bitcoin ETF applications had been approved. This news initially led to a surge in Bitcoin’s price, but the excitement was short-lived as the price […]
