South Africa Moves to Regulate Cross-Border Crypto Flows
Instead of creating a broad exemption framework for cryptocurrency exchanges, the South African central bank plans to release a new framework later this year focused on cross-border crypto asset transfers. Key Details of Proposed Framework South Africa is taking significant…
Dunamu and MB Bank to Launch Vietnam’s First Licensed Crypto Exchange
South Korea’s Dunamu, operator of Upbit, is partnering with Vietnam’s state-controlled MB Bank to launch the country’s first licensed crypto exchange. The move follows new legislation legalizing digital assets in Vietnam. Vietnam Set to Open First Domestic Crypto Exchange with…
More Than $1 Billion in Leveraged Bets Wiped out; Whale Trader Loses $83M in ETH Liquidation
The crypto market’s sharp decline on Aug. 14 resulted in over $1 billion in liquidations within 24 hours. Inflation Fears Fuel Market Crash The crypto market’s unexpected descent shortly after reaching yet another milestone saw more than $1 billion in…
Treasury Secretary Confirms US to Acquire Bitcoin for Reserve via Budget-Neutral Tactics
After stating the U.S. government won’t buy bitcoin, the Treasury chief now clarifies plans to expand the Strategic Bitcoin Reserve using budget-neutral strategies that avoid new spending. US Eyes Budget-Neutral Bitcoin Acquisition to Expand Strategic Reserve, Treasury Secretary Reveals U.S….
Local Crypto Exchanges See Surge in One-Star Reviews After SEC Blocks Foreign Exchanges
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Coinbase Finalizes Deribit Acquisition to Lead Global Crypto Derivatives Market
Coinbase just became the undisputed titan of crypto derivatives, sealing a high-stakes acquisition that unifies spot, futures, and options under one explosive trading empire. Deribit Acquisition Launches Coinbase Into Crypto Derivatives Stratosphere Crypto exchange Coinbase (Nasdaq: COIN) announced on Aug….
Dormant Bitcoin Vaults Stir: 1,799 BTC Worth $212.77M Moves After Years of Silence
Since Aug. 10, following a string of four 100 BTC transactions from 2012, nearly 1,800 BTC—worth over $212 million—has moved for the first time in years over the past four days. Old-School Bitcoin Stashes Continue to Wake After our report…
Bitcoin Tumbles as Markets Reel, in the Wake of Gloomy Inflation Data
The digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published…
XRP Price Watch: Bears Dominate as $3.25 Resistance Holds Firm
XRP is trading at $3.06 with a market capitalization of $181.57 billion and a 24-hour trading volume of $11.35 billion. The digital asset moved within a 24-hour intraday price range of $3.06 to $3.34, reflecting high volatility amid ongoing bearish…
Bitcoin ATMs | Wisconsin Bill Pushes KYC, Licensing
Wisconsin lawmakers are moving in tandem to regulate bitcoin ATMs, with two identical bills filed in the Senate and Assembly to combat the growing number of scams linked to the machines. The bills are looking to implement strict Know-Your-Customer (KYC)…