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In a major development for the crypto industry, Standard Chartered's digital asset subsidiary Zodia has launched operations in Singapore, establishing the first bank-owned crypto custody provider in the city-state. With institutional interest in digital assets growing despite market turmoil, Zodia's arrival may transform Singapore into an
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The US Securities and Exchange Commission continues to classify cryptocurrencies as securities, threatening major regulatory action. But some argue Bitcoin and Ethereum are becoming "sufficiently decentralized" to be considered commodities. What's at stake for investors? In this article, we'll cover the latest news, expert
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In an earth-shattering move, the financial regulator has finally granted legitimacy to the controversial digital asset Bitcoin. But what does this mean for companies holding Bitcoin - and for the future of digital assets? The Financial Accounting Standards Board (FASB), which sets accounting rules for public and private U.S.
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A dark cloud of strict regulation is gathering over the United Kingdom's crypto landscape, threatening to block sunbeams of innovation. As the Financial Conduct Authority's controversial crypto promotion rules loom on the horizon, crypto exchange Luno plans to halt some UK clients from investing in digital
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Despite recent legal setbacks for the Securities and Exchange Commission (SEC) in high-profile crypto cases, Chair Gary Gensler appears unswayed in his grievances against the industry ahead of a Senate grilling on Tuesday. Will this defiant stance spell further crackdowns or a shifting regulatory landscape for digital assets? Gensler is
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A perfect storm of factors has crypto traders on edge, with the market's future hanging delicately in the balance. The looming FTX liquidations, continued Fed tightening, and negative volatility correlations paint a concerning picture for bitcoin and altcoins. But hope remains for those willing to endure the gathering
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Bitcoin, the world's largest cryptocurrency by market capitalization, saw its price surge 1.96% over the past 24 hours to $26,115.47. This positive price movement comes after a period of lackluster performance for the digital asset, with Bitcoin down over 11% in the past month. The
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Coinbase, one of the largest cryptocurrency exchanges in the world, has moved to clarify recent reports that suggested it was discontinuing services for all of its Indian customers. An email notice sent out to certain Indian users last week had stated that their accounts would be disabled on September 25
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In a move that signals a monumental shift for the crypto industry, custody firm Fireblocks has announced the launch of a non-custodial wallet service. Will this spell freedom for users and unlock the full potential of web3? Barely a year after seismic collapses rocked the crypto world, Fireblocks is empowering
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A stark warning emerged in the world of cryptocurrency on September 11, 2023, as the esteemed cryptocurrency expert Ali Martinez took to social media platform X to raise concerns about a troubling technical indicator on the Bitcoin (BTC) chart—the potential emergence of a "death cross." This ominous
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A expansive cryptocurrency regulation bill is progressing through Congress, setting up a climactic showdown between lawmakers with vastly different visions for oversight of the controversial digital asset industry. But with the clock ticking on the current session, bipartisan compromise remains elusive. The legislation, introduced by Republican committee leaders, aims to
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The cryptocurrency market is facing a fresh wave of selling pressure as collapsed exchange FTX proposes liquidating over $3 billion in recovered digital assets. This massive sell-off has sparked fears among investors of an ‘impending $3 billion liquidation' that could exacerbate the ongoing crypto bear market. But what exactly
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The crypto world faces a pivotal moment as former executives from major companies prepare to take over bankrupt crypto lender Celsius and form a new entity called Celsius 2.0. Who are these leaders, and what might their stewardship mean for the future of digital assets? The news broke on
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A CEO in Turkey has just received an astounding prison sentence of over 11,000 years - nearly as long as the time elapsed since the last ice age. Faruk Fatih Özer, founder of Turkish cryptocurrency exchange Thodex, was handed this unprecedented judgment for defrauding investors to the tune of
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Cryptomania has gripped the nation. As the allure of quick profits from trading digital currencies like Bitcoin, Ethereum, and Dogecoin spreads, a burning question arises - which cryptocurrency exchange should I use? This vital report has the answers. In an industry rife with scams, flashy marketing, and ludicrous claims, where
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The crypto market faces a perfect storm of bad news, driving prices lower. Bitcoin has now fallen below $26,000, with the threat of a major FTX liquidation likely to cause further volatility. But could this create buying opportunities for believers in decentralization? Bitcoin's price continues to drift