Crypto firms not meeting AML standards, says UK ministerCryptocurrency businesses in the United Kingdom have been struggling to meet Anti-Money Laundering standards set by the Financial Conduct Authority, according to a senior official.

John Glen, a member of U.K. Parliament and the economic secretary to the Treasury, pointed out major…[Read more]

Good Night, Little Crypto Monsterz, Sweet Dreamzzz!🌝🌗🌘🌚

2 Bitcoin price indicators suggest BTC has not bottomed yet

As Microsoft Azure closes shop, ConsenSys Quorum opens up to new usersAs Microsoft Azure closes shop, ConsenSys Quorum opens up to new users
Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain…[Read more]

Cardano: High Hopes for Summer 2021Cardano: High Hopes for Summer 2021
There is a lot of optimism surrounding Cardano’s smart contracts feature launch.
Hoskinson mentioned in an interview that the Alonzo mainnet will launch as planned.
ADA climbed by 30% soon after his comments.
Recently, many altcoins have lost value in the crypto market. These i…[Read more]

Dogecoin Listing Was Thanks to Its Fanbase, say eToro CEODogecoin Listing Was Thanks to Its Fanbase, say eToro CEO
eToro listed Dogecoin in May sending the crypto surging to a new ATH.
CEO Yoni Assia attributed the listing to the crypto’s strong fanbase.
eToro is going public later this year through a $10.4 billion merger.
eToro CEO Yoni Assia r…[Read more]

Cathie Wood: Elon Musk Will Be Integral to Crypto’s FutureIn recent weeks, Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has been taking a lot of flack regarding his stance on bitcoin and his alleged role in the asset’s downfall, but according to Cathie Wood of Ark Invest, Musk is going t…[Read more]

DeFi bucks crypto market correction as Uniswap v3 leads the chargeDeFi bucks crypto market correction as Uniswap v3 leads the charge
Decentralized exchange Uniswap successfully launched version 3 of its platform in May — resulting in high trade volumes despite a downturn across the cryptocurrency markets.

The latest version of the hugely p…[Read more]

COMIT Launches Monero-Bitcoin Atomic Swaps on Mainnet© Reuters. COMIT Launches Monero-Bitcoin Atomic Swaps on Mainnet
COMIT Network launched Monero and Bitcoin atomic swaps to mainnet.
COMIT is the first network to implement atomic swaps on mainnet.
Atomic swap enable trustless cross-chain trades.
COMIT Network has launched an atomic swap for…[Read more]

A UK-Based Digital Bank Suspends All Payments To Crypto ExchangesA UK-Based Digital Bank Suspends All Payments To Crypto Exchanges
UK-based digital bank Starling suspended all payments to crypto exchanges.
A spokesperson for the bank said that the measure is temporary.
Goldman Sachs-backed UK Digital Bank Starling announced it had suspended all…[Read more]

Don’t blame crypto for ransomwareDon’t blame crypto for ransomware
Recently, gas has been a hot topic in the news. In the crypto media, it’s been about Ethereum miner’s fees. In the mainstream media, it’s been about good old-fashioned gasoline, including a short-term lack thereof along the East Coast, thanks to an alleged DarkSide ransomwar…[Read more]

Old School Billionaires Are Coming To Crypto There is now an influx of “old school” money coming to the cryptocurrency market with the latest additions of Carl Icahn and Ray Dalio.
Carl Icahn, a former crypto critic, has revealed that he is eyeing a “big” cryptocurrency investment.
Billionaire Ray Dalio, on the other hand, has indicated that he…[Read more]

Canadian Purpose Ether ETF Breaches 50,000 ETH© Reuters. Canadian Purpose Ether ETF Breaches 50,000 ETH
Canada-based Purpose Ether has breached 50,000 ETH worth $122.7 million.
The company is the first to launch an Ether ETF back in April 2021.
Purpose group has also launched the first Bitcoin ETF earlier this year.
Canada-based Purpose Ether ETF…[Read more]

Bitcoin Falls Again; Crypto Market Loses $1 Trillion from Market CapBitcoin is continuing to tank hard. After falling into the high $30,000 range (between $37K and $38K), the asset has dumped another $3,000 and is now trading for about $35,000 per unit. Thus, the currency has lost about $29,000 overall from its recent all-time high of $64,000,…[Read more]

Polygon ($MATIC) Data Now Searchable With Help of Google Cloud’s Big Query The Etheruem layer-two scaling solution Polygon (MATIC) has announced its blockchain datasets have been integrated on Google Cloud, allowing developers, data analysts, and crypto enthusiasts to better understand the Polygon blockchain. With support from Google’s Big…[Read more]

Litecoin Price Prediction: LTC/USD Lowers Rallying MovesLitecoin Lowers Rallying Moves– May 30The recent uprising in the LTC/USD market now experiences price lowers rallying moves after the crypto lost momentum to surge […]

The remaining steps to mainstream institutional investmentThe remaining steps to mainstream institutional investment
It has been said that you only get one chance to make a first impression. Perhaps the best example of this old adage is the cryptocurrency space.

From exit scams and money laundering, to unaudited code and high carbon footprints,…[Read more]

Ripple Is Going Public: Bulls Are Rubbing Their Hands In AnticipationRipple Is Going Public: Bulls Are Rubbing Their Hands In Anticipation
Ripple CEO, Brad Garlinghouse, has indicated that an IPO is on the cards following the resolution of the SEC case.
Plans to go public had been stifled up to this point due to the legal scuffle with the SEC, but…[Read more]

DubaiCoin Crypto Not Approved by Any Official AuthorityDubaiCoin Crypto Not Approved by Any Official Authority
The DubaiCoin crypto token is not approved by any official authority.
ArabianChain Technology revealed a scam announcement.
The announcement is that Dubai is making its own digital currency.
The government of Dubai announced that the…[Read more]