UK order clarifies crypto staking is not a collective investment scheme
The UK Treasury has amended finance laws to clarify that crypto staking isn’t a collective investment scheme, which a lawyer says is “heavily regulated.”
The UK Treasury has amended finance laws to clarify that crypto staking isn’t a collective investment scheme, which a lawyer says is “heavily regulated.”
Solana is ratcheting up testing of Firedancer, the highly anticipated software upgrade that promises to vastly increase the blockchain’s processing speed. By the end of this week, Solana’s core developers want a “super majority” of processing power on the chain’s low-stakes test network to run through Frankendancer, an early version of Firedancer, according to messages … Read more
EUR/USD remains stuck to the 1.0300 handle after flubbing 1.0400. EU data is done for the week, but a key US NFP print still lies ahead. US net jobs additions are expected to ease back in December. EUR/USD trimmed further into the bearish side on Thursday, falling back a scant but persistent sixth of a … Read more
The registered crypto trading firm allegedly stole “hundreds of millions of baht” from electricity providers, coming out to at least $2.88 million.
Aptos, a layer one (L1) blockchain project, has integrated Chainlink data feeds to enhance decentralized application (dapp) development on its platform. Aptos Partners With Chainlink This collaboration provides developers on the Aptos network with access to Chainlink‘s tamper-proof and decentralized data feeds. The integration aims to support the creation of secure and efficient applications, leveraging … Read more
This week, a buzz went around as Tangem Wallet users stumbled upon a glaring issue: their private keys were laid bare due to a bug in the wallet creation process. Swiftly, Tangem rolled out a fix, but the breach has shed light on the escalating demand for the safest crypto wallets that not only promise … Read more
On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $3.22 trillion. Bitcoin Battles to Stay Afloat as Market Faces South Korean Premium Over the preceding … Read more
Thailand’s finance minister, Pichai Chunhavajira, has made some positive comments regarding the wider adoption of digital asset payments in the kingdom, but several hurdles remain. On Jan. 8, Mr Pichai questioned why Thailand should not embrace cryptocurrencies, which are being exchanged globally with strong demand, answered: “With growing demand and ongoing geopolitical issues worldwide, people … Read more
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Recent declines in Bitcoin’s price have been followed by negative sentiment across several on-chain metrics that are crucial in determining its next trajectory. With key metrics witnessing a decrease, there are speculations that the flagship asset might see an extended drop in its price. Market Sentiment Shifting As Bitcoin Funding Rates Drops As the market … Read more