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Hong Kong to tighten crypto regulation in wake of JPEX fraud case

Hong Kong to tighten crypto regulation in wake of JPEX fraud case

[ad_1] Hong Kong regulators are looking to tighten the noose around the crypto market after the arrest of six individuals following allegations of fraud around an unlicensed crypto exchange called JPEX. John Lee Ka-chiu, the chief executive of Hong Kong, told reporters on Sept. 19 that the government would increase its efforts to inform investors […]

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SEC Demands Deeper Probe into Binance.US

SEC Demands Deeper Probe into Binance.US

[ad_1] The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle against Binance.US, urging a court in D.C. to allow inspection into the exchange’s asset custody services. This move comes as the SEC doubles down on its allegations that Binance.US has been evasive with requested documents. The latest development involves a protective order,

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Jordan Peterson Sparks Debate On How Bitcoin Can Solve Major Banking Problem

Jordan Peterson Sparks Debate On How Bitcoin Can Solve Major Banking Problem

[ad_1] The flagship cryptocurrency, Bitcoin, was created with the goal of disrupting the traditional financial system. In support of this, Best-selling Author and Clinical Psychologist Jordan Peterson has suggested that customers should abandon the banking system and probably adopt Bitcoin. Jordan Peterson Says Bitcoin Over Banks  Peterson was making this suggestion in response to a

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Crypto price prediction: tomiNet, VeChain, XDC Network

Crypto price prediction: tomiNet, VeChain, XDC Network

[ad_1] Cryptocurrency prices had a good performance this week as Bitcoin rose to $26,000. tomiNet was one of the best-performing tokens as it jumped to a record high. VeChain price soared after being listed by Coinbase. Cryptocurrency prices had a relatively good week as Bitcoin bounced back above $26,000 after falling below $25,000 on Monday.

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Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control

Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control

[ad_1] In a recent update from Paolo Ardoino, the Chief Technology Officer of Tether, it was revealed that Tether is in the testing phase of its new Bitcoin mining platform named Moria. The announcement, made via Ardoino’s official Twitter handle on [Date], highlighted the integration of the first containers and miners into the platform. According

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FTX could be “sell the rumor, buy the news” for SOL

FTX could be “sell the rumor, buy the news” for SOL

[ad_1] Solana is one of the cryptocurrencies to struggle the most in the market since FTX imploded in 2022. FTX liquidators have approval to liquidate $3.4 billion worth of crypto assets. The collapsed exchange holds $1.2 billion in SOL, Solana’s native token. The native Solana token SOL, which makes up a significant percentage of the

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NRL and Youtube stars reach settlement in FTX class-action lawsuit: Report

NRL and Youtube stars reach settlement in FTX class-action lawsuit: Report

[ad_1] NRL quarterback Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash have reportedly settled a lawsuit over alleged inadequate compensation disclosure in their promotions for the now-defunct cryptocurrency exchange FTX. According to a Sept. 16 Bloomberg report, the three high-profile individuals have entered proposed agreements, however the settlement terms were not disclosed. Among

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Bitcoin’s Energy Consumption Debate: Unpacking the Latest Developments

Bitcoin’s Energy Consumption Debate: Unpacking the Latest Developments

[ad_1] The ongoing discussion over Bitcoin’s energy use has captivated the world’s attention. Concerns about the flagship cryptocurrency’s environmental impact have grown as it has grown in popularity and value. Bitcoin’s energy-intensive mining process, critics contend, contributes to carbon emissions and exacerbates climate change. Proponents, on the other hand, underline the possibility of a greener

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Bitcoin Dominates Ethereum In Daily Active Addresses Despite Lagging In TX Count

Bitcoin Dominates Ethereum In Daily Active Addresses Despite Lagging In TX Count

[ad_1] Ethereum might be the king of smart contracts and the world’s primary hub for decentralized finance (DeFi) and non-fungible tokens (NFTs) activity but onchain data suggests that Bitcoin is ahead in user engagement, interpreted by the number of daily active users, and network activity is at acceptable, healthy levels, reading from the number of

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