Chinese authorities have arrested a gang of 63 people for laundering 12 billion Yuan ($1.7 billion) using crypto. According to local media reports, the Horqin Branch of the Public Security Bureau of Tongliao City, Inner Mongolia […]
Key Takeaways Inflation has registered a 7.7% year-on-year increase in October. The figure is 0.2% less than the analyst expectation of a 7.9% increase. The crypto market has bounced on the news, but it still […]
According to a statement released on Thursday, Dec. 1, 2022, payment processor Stripe has launched a fiat-to-crypto payment service for Web3 businesses. KEY TAKEAWAYS The fiat-to-crypto service will allow customers to instantly buy cryptocurrencies in […]
US Congressman Tom Emmer criticized the Securities and Exchange Commission chair, Gary Gensler, on his approach toward the regulation of the cryptocurrency industry. According to Emmer, lawmakers have become more concerned about Gensler’s approach to the industry. […]
Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week, GMX registered a new all-time daily high trading volume of $1.17 billion. Other decentralized trading […]
Mars Token (MRST) has surpassed $100k in daily trading volume barely a week after it launched on the OKX exchange. MRST, the native token of the Mars Metaverse, has reached a daily trading volume of $117k. This […]
The Dogecoin price was reignited today after a shout-out from the Dogefather himself, Elon Musk. Since purchasing Twitter earlier this month, speculation has been swirling about potential DOGE implementations on the platform. With the possibility […]
Key Takeaways Binance’s planned acquisition of FTX has sent markets into turmoil. Tokens backed by FTX and Alameda Research and suffering acutely from the news, especially FTT, which is down about 80% at the time […]
Meta announced this week that it would soon allow Instagram users to mint and sell Polygon-powered nonfungible tokens (NFTs). Instagram users to mint and sell NFTs Meta, Facebook’s parent company, announced this week that Instagram users […]
Chinese crypto exchange giant Huobi Global is planning a move to the Caribbean to set up its headquarters. On Nov. 2, Huobi Global investor and advisory board member Justin Sun unveiled the company’s relocation plans. […]
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