Cryptocurrency Analysis and News Portal
The few months toward the end of 2022 brought devastating events in the crypto industry. With the collapse of the FTX crypto exchange, chaos erupted in the crypto markets. Prices of almost all the crypto assets took a hit. Also, the negative contagion effect sprung up within the crypto space
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The ECB executive called the European Union’s Markets in Crypto Assets (MiCA) an important step.Fabio Panetta, the executive board member of the European Central Bank (ECB), recently published a pushing forward the need for developing a central bank digital currency (CBDC). As per the previous reports, the ECB has been
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Francois Villeroy de Galhau, the Bank of France’s governor, has urged for more stringent licensing requirements for crypto companies in France, citing the current turmoil in the crypto markets.During a speech in Paris on Jan. 5, the central bank governor said France shouldn’t wait for upcoming EU crypto laws to
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Yesterday was Genesis Block day which is also known as the “birthday of Bitcoin,” the oldest (surviving) cryptocurrency according to Investopedia. On January 3, 2009, Bitcoin’s mystery creator Satoshi Nakamoto mined the first BTC block, marking the beginning of the digital currency’s 14-year lifespan. Bitcoin was created in the genesis block,
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Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central bank is planning to step up its efforts to regulate cryptocurrency trading with new laws. “We should think about regulation before it becomes integrated with the financial system and before we could have a potential systemic
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With the internal investigation led by Elon Musk identifying censorship-related issues on Twitter, the social platform’s former CEO Jack Dorsey has promoted the idea of a “free and open protocol” for social media. In a post, Dorsey highlighted some potential solutions to the current problems of the Twitter platform. According to
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The United Kingdom’s Chancellor of the Exchequer, Jeremy Hunt, laid out a number of reforms aiming to “drive growth and competitiveness” to the country’s financial services sector including efforts that support the crypto space.In an announcement, the U.K. government highlighted that it will create a smarter regulatory framework for the country that
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Chris Akhavan, the first person to serve in this role at the marketplace, was previously chief business officer at blockchain gaming company Forte. He told CoinDesk that he will work to build out Magic Eden’s efforts to tap into the gaming industry, supporting game developers building with Magic Eden’s infrastructure. Original
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Apple has altered the launch date, price, and functionality of its planned self-driving car due to unavailable technology.According to reports, Apple (NASDAQ: AAPL) is delaying the debut of its much-anticipated self-driving car until 2026. The tech powerhouse’s executives opine that the current technology does not adequately support Apple’s vision for a fully autonomous automobile.Assessment
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Maxine Waters, chair of the United States House Financial Services Committee, has called out former FTX CEO Sam Bankman-Fried for announcing on social media he intended to testify after “learning and reviewing what happened” at the exchange.In a Dec. 5 Twitter thread, Waters cited Bankman-Fried’s numerous media interviews in the
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