Category : Cryptocoins News

Cryptocoins News

Top cryptos to surge this October: Bitcoin Cash, BorroeFinance, and Uniswap

Bitcoin Cash has surprised everyone with $BCH’s strong rally in a bearish September. Elsewhere, the Uniswap community is expecting big things as they prepare to vote on a new $62 million request. Another project that leaves no doubt in investor...

Council of the EU adopts DAC8 crypto tax reporting rule

The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union. The eighth iteration of the Directive on...

UK to target potential AI threats at planned November summit

The summit scheduled for Nov. 1–2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators. The...

Future of DAOs limited by lack of regulatory framework: ECB Occasional Paper

Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank Occasional Paper....

Yuga Labs shifts focus to metaverse project “Otherside” after restructuring

Yuga Labs restructures to prioritize “Otherside,” its metaverse project. CEO Alegre highlights the importance of Otherside in Yuga Labs’ strategy. The restructuring aims to secure Yuga Labs’ long-term success, focusing on emp...

BAYC creator Yuga Labs completes restructuring to focus on metaverse

Yuga Labs, the firm behind the Bored Ape Yacht Club NFTs, has completed restructuring to focus on its upcoming metaverse project, Otherside. Yuga Labs, the company beh...

Singapore AGC Launches Tech and Crypto Crime Task Forces

Singapore's Attorney-General's Chambers has established two specialized task forces to combat technology-enabled and technology-facilitated crimes. These units, formed this year, consist of around 20 prosecutors trained in handling digital evidence a...

Animoca Brands subsidiary Darewise Entertainment Secures US$3.5M for Bitcoin Metaverse Ecosystem Token

Darewise Entertainment raised US$3.5 million via a token pre-sale on 17 October 2023, ahead of its Bitcoin metaverse ecosystem token launch, aimed at enhancing the development of its game Life Beyond. With significant backing from notable investors a...

BNB/USD forecast: a drop below $200 should trigger more weakness

Binance Coin gave up all the 2023 gains and some more The bearish momentum is set to continue All hopes are on Bitcoin and a reversal of the US dollar’s strength The US dollar makes victims in the cryptocurrency market. One example is the Bi...

WeStreet Credit Union Opens Public Access to Cryptocurrency Trading Portal

WeStreet Credit Union has introduced a Crypto Portal, offering a secure platform for buying, selling, and holding cryptocurrencies. Initially a members-only feature since August 2023, it opened to the public in October. Partnering with a Qualified Cr...

LDO token takes a hit after Lido DAO votes to end liquid staking on Solana

Lido DAO sunsets Solana project due to financial issues, backed by 92% community vote. P2P team considered $1.5M funding or Solana exit due to $484,000 losses. Solana staking to be halted by February 2024. In a decisive move, Lido DAO has chosen to...

Coinbase Amplifies Anti-Terrorism Financing Measures Through Blockchain Analytics

Coinbase, on October 17, 2023, outlined its robust measures to curb terrorism financing and other illicit activities through a rigorous compliance framework and blockchain analytics. The discourse emphasizes the importance of regulatory clarity in th...

Bitcoin ETF approvals to drive $1T crypto market surge: CryptoQuant

CryptoQuant forecasts Bitcoin’s market cap could hit $900 billion if Bitcoin spot ETFs are approved. The report also forecasts that $1 trillion could be added to the entire crypto market. The various spot Bitcoin ETFs may be approved by March...

Fantom Foundation Wallets Compromised in Suspected Chrome Exploit

Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated exper...

US Toughens Export Controls on Semiconductors to China Amid Military Concerns

The US Department of Commerce tightened export controls on advanced computing semiconductors to China and other countries of concern to address national security threats posed by military modernization. The rules, effective from November 16, 2023, re...

Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko

The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields. The Ethereum liquid staking derivatives finance (LSDFi) ecosys...

Hong Kong’s attitude toward crypto sours after JPEX saga: Survey

41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Public attitude toward cryptocurren...

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of d...

Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts

Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg lead analyst Mark Palmer. The use...

Proposal to Amend Cryptocurrency Leverage Regulations in Japan

JCBA has proposed to JVCEA to amend the leverage ratio regulations in cryptocurrency margin trading, advocating for the application of corporate leverage calculation methods to individual transactions as well. The proposal aims to align the crypto ma...

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