The world of cryptocurrency has always been shaped by dynamics of innovation and regulation, but 2023 marked a particularly tumultuous chapter for privacy tokens. A recent report by Kaiko highlighted that centralized exchanges delisted nearly six dozen privacy-focused cryptocurrencies, a significant increase compared to previous years. This delisting wave primarily affected well-known tokens such as
admin
Analysts and enthusiasts alike are abuzz with predictions surrounding Bitcoin’s potential breakout to reach the coveted $100,000 mark within the current fiscal year. The enduring interest in this flagship cryptocurrency can primarily be traced back to its historical patterns, particularly the effects of halving cycles, which have become focal points for speculation and analysis. Crypto
In the rapidly evolving landscape of cryptocurrency, few voices resonate as clearly as that of Semilore Faleti. A dedicated writer specializing in cryptocurrency journalism, Semilore navigates the convoluted world of blockchain technology and digital assets with a precision that informs and educates a diverse audience. His journey into crypto writing began with an exploration of
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) announced the introduction of enhanced Anti-Money Laundering (AML) regulations aimed at increasing oversight of virtual asset service providers (VASPs). These updates come as a response to the rapid growth of the cryptocurrency market and the associated risks of money laundering and fraud. In order to tighten control
On September 24, Bybit, a leading cryptocurrency exchange, announced the launch of its Islamic crypto account, designed specifically for Muslim traders. This innovative move underscores Bybit’s commitment to inclusivity and regulatory adherence, ensuring that its services align with Islamic principles. According to Ben Zhou, the CEO of Bybit, this initiative is a significant milestone in
Wrapped Bitcoin (WBTC) has emerged as a pivotal player in the ecosystem of tokenized Bitcoin. Developed through a collaborative effort by BitGo, Kyber Network, and Ren, WBTC serves as a bridge, allowing Bitcoin to function within various blockchains such as Ethereum and Solana. This wrapping mechanism offers an innovative solution for users wishing to leverage
Recent developments in the cryptocurrency market have revealed a volatile environment for US-based Bitcoin and Ethereum exchange-traded funds (ETFs). Following a remarkable period of net inflows, a notable shift occurred that appeared to correlate with escalating geopolitical tensions in the Middle East. This week marked a steep downturn for both asset classes, culminating in pronounced
Last week marked a significant moment in the evolving landscape of cryptocurrency regulation, as TrustToken and TrueCoin—the entities responsible for the TrueUSD (TUSD) stablecoin—came to a settlement with the U.S. Securities and Exchange Commission (SEC). This settlement arises from allegations that the companies engaged in fraudulent and unregistered sales of investment contracts. Under the terms
The third quarter of 2024 has witnessed a significant decline in the frequency of cyberattacks, resulting in only 28 recorded incidents—the lowest in a three-year span. In total, these breaches resulted in the loss of approximately $463.6 million. However, this decline offers little solace as the overwhelming majority of stolen funds, estimated at $440 million,
Semilore Faleti embodies the modern archetype of a cryptocurrency writer, blending deep knowledge with an ardent passion for social equity. His career began as a versatile writer, dabbling in various subjects until he discovered a profound interest in cryptocurrencies and the blockchain technologies that underpin them. This pivotal moment marked the beginning of an impressive
