Centralization in the world of cryptocurrency has long been a topic of debate and contention. The decentralized ethos that crypto strives to uphold can be easily undermined by high levels of centralization. This issue becomes particularly pronounced when looking at the distribution of holdings among the top wallets of popular project tokens like Polygon (MATIC)
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The UK is witnessing a dramatic decline in registration applications from crypto firms, with a more than 50% drop in the past three years. This trend has been attributed to burdensome and time-consuming regulatory processes imposed by the Financial Conduct Authority (FCA). Recent data reveals that the FCA received only 29 registration applications between May
The recent transfer of 800 ETH by Ethereum co-founder Vitalik Buterin has once again sparked fresh discussions within the crypto community. This comes shortly after a larger transfer of 3,000 ETH on August 9. The total value of these transfers amounts to $10.05 million, raising concerns about Buterin’s intentions with his holdings. These movements have
The Nigerian Securities and Exchange Commission (SEC) has recently approved two local crypto exchanges, Busha Digital Limited and Quidax, under the Accelerated Regulatory Incubation Program (ARIP). This program was specifically designed to onboard firms before the forthcoming release of the Rules on Virtual Asset Service Providers in May 2022. By granting these approvals, the SEC
Floki Inu (FLOKI) recently experienced a significant drop in value, leading to a decrease of almost 20%. As a result, the meme coin lost its position among the top 5 meme coins in terms of market capitalization. Currently trading at around $0.0001272, FLOKI’s market cap fell to $1.23 billion, placing it in the sixth position.
The past week has been a whirlwind for Bitcoin and other cryptocurrencies. Bitcoin started strong, reaching over $64,000 after Fed Chair Jerome Powell hinted at interest rate cuts and RFK endorsed a pro-crypto presidential candidate. However, the weekend brought quiet to Bitcoin despite turbulence in the rest of the market following the arrest of Pavel
Blowfish Studios, a game studio under the umbrella of Animoca Brands, is currently in the process of developing an innovative multiplayer PvP game called DarkTimes. The game draws inspiration from Nordic mythology, creating a dark and fantastical world that blends fast-paced combat with RPG elements. Unlike traditional battle royale formats, DarkTimes introduces a unique concept
Elon Musk, the CEO of Tesla Inc., has recently been in the spotlight regarding a high-profile lawsuit accusing him and his company of manipulating the price of Dogecoin (DOGE), a popular meme-based cryptocurrency. The lawsuit, filed in June 2022 by a group of Dogecoin holders, claimed that Musk and Tesla used social media and public
Recently, both Binance and Bybit have teased the launch of new Solana-related products, sparking speculation within the crypto community. Binance’s mysterious message “BNSOL” along with the phrase “coming soon” has piqued the interest of many, while Bybit’s announcement of “bbSol” on their platform indicates a new addition to their offerings. Despite the lack of specific
In the ever-changing world of cryptocurrency trading, the quest to time the perfect entry point for buying Bitcoin remains a popular pursuit among traders. One prominent voice in this pursuit is crypto analyst R.N. Elliot, who has recently shared his insights on when he believes is the best time to buy the leading cryptocurrency. Elliot’s
