Cryptocurrency Analysis and News Portal
Binance suspends new UK user registrations in response to recent changes in the country’s crypto marketing regulations set by the Financial Conduct Authority. Binance, one of the world’s leading crypto exchanges, has announced that it will stop the registration of new United Kingdom-based users starting on Oct. 16. This decision comes
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The United States Space Force has temporarily banned its staff from using generative artificial tools while on duty to protect government data, according to reports.Space Force members were informed that they “are not authorized” to web-based generative AI tools — to create text, images, and other media — unless specifically
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FCA, the U.K.'s financial regulator, published a discussion paper in February this year on updating and improving a regime for asset management in the country. The paper touched on "how fund managers might adopt distributed ledger technology to offer fully digitised funds to the public," Alder said. Source
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Ethereum staking protocol Lido Finance has disclosed its protocol saw 20 slashing events due to a series of infrastructure and signer configuration issues from validators operated by Launchnodes. The incident occurred on Oct. 11 at about 3:30 pm UTC, according to Launchnodes. In an Oct. 11 post on X, Lido
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Several analysts have weighed in on the impact of the ongoing conflict on crypto markets, particularly bitcoin. Source
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Bitcoin (BTC) rejected at $28,000 after the Oct. 5 Wall Street open as a return toward six-week highs failed.BTC/USD 1-hour chart. Source: TradingViewBitcoin sees swift comedown after new $28,000 retestData from Cointelegraph Markets Pro and TradingView followed BTC price action as bulls attempted to match levels from earlier in the
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The crypto industry as a whole has experienced numerous job cuts in response to poor market conditions. Blockchain analytics firm Chainalysis has reduced its staff by 15%, affecting approximately 150 employees as it grapples with the ongoing market downturn in the crypto industry. The job reduction marks the second round of
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The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD). Leading cryptocurrency exchange Gemini has decided to halt its operations in the Netherlands, citing mounting regulatory hurdles imposed by the Dutch central bank De Nederlandsche Bank (DNB). The
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HTX, formerly Huobi, has been hacked with the total loss totaling 500 ether (ETH) worth around $8 million, according to HTX advisor and Tron founder Justin Sun. Source
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Decentralized finance cross-chain money market aggregator Fuji Finance said the protocol was unable to find the market for its product, while also experiencing limited finance. In a recent Medium blog post, the company said that it failed to find “product-market fit,” a situation which was made more difficult amid the current
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