Day: 27 June 2024

Turkish lawmakers have passed a cryptocurrency bill that could impose hefty fines of up to $182,600 and prison sentences of up to five years for violations. The legislation, introduced by the ruling AK Party's chairman Abdullah Güler in May, now awaits President Recep Tayyip Erdoğan's approval. If signed, it will ...

Cryptocurrency exchange Coinbase has filed a lawsuit against two U.S. federal agencies, the Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC), for allegedly failing to comply with its Freedom of Information Act (FOIA) requests. The complaint, which was filed today, June 27, 2024, at the U.S. District ...

US Spot Bitcoin Exchange-traded funds (ETFs) have recorded positive net flows for three consecutive days, closing Wednesday, June 27, 2024, with a total net inflow of $21.5 million. This development marks a potential shift in investor sentiment towards these funds. According to data from SoSoValue, Fidelity Investments' $FBTC led the ...

As the Mt. Gox Bitcoin inflow approaches in July, investors are eyeing several promising cryptos to hedge against market volatility. Among these tokens, Polkadot (DOT), Ethereum Classic (ETC), and ETFSwap (ETFS) stand out due to their unique features and growth potential. ETFSwap (ETFS) The Future Of Crypto Ecosystem One of ...

Deepfake scams are on the rise in the cryptocurrency sector and could cause losses exceeding $25 billion by the end of 2024, a new report from Bitget Research claims. According to the report, the first quarter of 2024 alone saw $6.3 billion in cryptocurrency losses due to deepfakes, coinciding with ...

As the excitement of the European Championship grips the world, Dogecoin (DOGE) holders are turning their attention to a new meme coin that promises substantial returns: Mpeppe (MPEPE). The potential for a 1000x increase has captured the imagination of investors, prompting a significant shift in focus. This article explores why ...

Unicoin, a New York-based blockchain technology company, is planning to go public through a stock offering and launch its cryptocurrency by the end of the year, as CEO Alex Konanykhin revealed in a recent interview. Konanykhin noted that cryptocurrency would bear the company name and derive value from Unicorn's equity ...

The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has raised alarm over the ongoing turmoil in the country's blockchain sector, particularly highlighting the protracted legal dispute with Binance. In a statement signed by Chairman Lucky Uwakwe Arisukwu, BICCoN warned that the prolonged conflict threatens to damage Nigeria's nascent blockchain industry. ...

Hashed Ventures, a crypto venture capital firm based in Seoul, South Korea, is set to expand its operations into Abu Dhabi through a strategic partnership with the city's tech ecosystem group, Hub71, according to Bloomberg. CEO Simon Kim reportedly announced that the firm will establish a local office in Abu ...

Decentralized finance continues to push the boundaries of innovation, and at the forefront of this revolution is Summer.fi. In this discussion, we sit down with Chris Bradbury, the driving force behind Summer.fi. From his unique career trajectory to the core principles underpinning Summer.fi, Chris offers a rare glimpse into the ...