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A leading derivatives and copy trading platform has introduced a new rewards system exclusively for its wealth management users. The program promises sky-high commission rates up to 15% on earnings and referrals' returns. But how will the crypto community respond? Bitget, based in Victoria, Seychelles, launched its high-interest Commission
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New York's Department of Financial Services (DFS) announced groundbreaking new guidance for cryptocurrency companies this week, marking a pivotal moment in the state's efforts to oversee the fast-evolving digital asset industry. The proposed guidance on coin-listing and delisting policies, along with updates to the DFS greenlist
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Nigeria is seeing a boom in cryptocurrency usage as citizens turn to digital assets like bitcoin to shield against soaring inflation and a weakening naira. According to a new report from blockchain research firm Chainalysis, Nigeria saw transaction volumes jump 9% to $56.7 billion from July 2022 to June
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In a pivotal moment for the cryptocurrency industry, key Congressional committees advanced two bipartisan bills on July 26th and 27th that aim to develop comprehensive regulatory frameworks for cryptocurrencies and stablecoins. This milestone action promises to provide much-needed clarity and oversight to the growing digital asset market. But many questions
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A new wave of speculative digital assets called "meme coins" has captured the imagination of cryptocurrency enthusiasts worldwide. These tokens, poking fun at finance and Internet culture, present risks as well as opportunities. This article will cover the meme coin phenomenon, trace its origins, analyze the risks and
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A seismic shift in the technology landscape is underway as Bastion, a startup co-founded by former leaders from a16z Crypto, has secured $25 million in its latest funding round. The prescient round was led by none other than a16z Crypto itself, with marquee venture capital firms like Nomura's
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Cryptocurrency has rapidly evolved from an obscure digital experiment to a mainstream investment vehicle over the past decade, leaving many newcomers wondering how best to navigate this new financial frontier. With proper strategy and care, can deliver value to portfolios – but hazards remain for the unwary. What guidance exists for
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Cryptocurrency custody provider Zodia Custody is set to shake up the institutional sector by offering yield on client holdings for the first time. In an announcement on Tuesday, September 19th, Zodia Custody revealed a partnership with blockchain startup OpenEden to connect crypto assets held in custody to real-world yield opportunities
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Malta has taken a monumental step towards regulation harmonization across the European Union by opening public consultation on revising its existing framework to align with the upcoming Markets in Crypto-Assets (MiCA) regulations. This consultation, running until September 29th, proposes pivotal changes to Malta's crypto exchange, custodian, and portfolio
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The cryptocurrency industry is gearing up for a showdown with regulators in Washington as the Securities and Exchange Commission (SEC) chief Gary Gensler is expected to testify before Congress next week. The nonprofit group Stand With , backed by major crypto firms like Coinbase, is launching an advertising blitz targeting federal
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-majors-amid-institutional-adoption">Chainlink's LINK Outperforms Crypto Majors Amid Institutional Adoption The decentralized oracle network Chainlink's native token LINK has seen impressive growth over the past day, surging over 10% while Bitcoin gained only 3%. This remarkable rally comes on the heels of several key partnerships
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The cryptocurrency market may be in a bear market, but some platforms are seeing surges in website traffic, suggesting enduring interest in digital assets. Traffic Surges for Select Crypto Websites Despite Market Decline Amidst falling crypto prices in 2023, website traffic for major exchanges like Binance and Coinbase has dropped.
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The craze that swept the nation over the past few years has slammed to a halt. A new survey reveals that cryptocurrency ownership rates flattened in 2022 after doubling annually in the previous two years. Experts suggest this signals an end to the "get rich quick" mentality that
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The New York State Department of Financial Services (NYDFS) proposed updated guidelines on Monday that would impose tougher restrictions on cryptocurrency companies seeking to list new coins, especially those targeting retail investors. The move has sparked intense debate within the cryptocurrency industry, with proponents arguing it protects consumers while critics
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A storm is brewing in Washington as Senator Elizabeth Warren rallies support for her sweeping new anti-money laundering legislation targeting the industry. The bill, titled the Digital Asset Anti-Money Laundering Act, proposes extending stringent Bank Secrecy Act requirements to digital asset providers ranging from crypto miners to wallet operators. Warren&
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Senator Elizabeth Warren is rapidly gaining bipartisan support for her proposed Digital Asset Anti-Money Laundering Act, aiming to crack down on illicit activities and tax evasion in the burgeoning cryptocurrency industry. With the backing of prominent Senators from both parties, Warren's coalition underscores growing unease on Capitol Hill