News Articles for 2022-10-17

Discover how Ajman Police and Medcare are leading the charge in the UAE's metaverse adoption, offering innovative services and setting a benchmark for future interactions.

Algorand's DeFi ecosystem receives a significant liquidity injection from Hivemind Capital, driving TVL to new highs and sparking widespread interest.

Academy Award-winning actor Sir Anthony Hopkins makes a groundbreaking entry into the digital art world with his debut NFT collection, The Eternal Collection, selling out in under 10 minutes.

Australia's financial regulator, ASIC, has issued interim stop orders on three cryptocurrency funds due to non-compliant target market determinations.

A Reuters investigation alleges Binance CEO Changpeng Zhao and aides evaded UK and US regulators, with over $2.35 billion laundered due to compliance flaws. Binance denies the claims.

Binance is under fire for allegedly evading regulatory oversight in the UK and US, with a backdated agreement potentially avoiding FCA registration.

Binance introduces the CoinMarketCap (CMC) Top 10 Equal-Weighted Index, offering investors a new way to track and diversify their cryptocurrency portfolios.

Binance introduces its first index product, the Top 10 Equal-Weighted Index, to track the performance of leading cryptocurrencies by market capitalization.

Bitcoin and Ethereum show bullish momentum with QNT and CSPR leading the top gainers. Ethereum faces censorship concerns, Polkadot's development soars, Australia suspends crypto funds, and Nvidia removes mining restrictions on GPUs.

CryptoQuant analysts highlight a reduction in Bitcoin futures selling pressure, signaling a potential bullish trend despite stagnant crypto market conditions.

Bitcoin's price dipped following a hotter-than-expected CPI report but rebounded, showing resilience. Market structure remains stable, with futures open interest at record highs and low volatility.

Explore the current state of Bitcoin's price stability, volatility trends, and key factors influencing its market outlook.

Bitcoin's price approached $20,000 as U.S. equities saw gains, with BTC/USD reaching $19,672, up 3.5% from recent lows. The U.S. dollar index declined, potentially boosting Bitcoin's appeal.

Bitcoin's price action leading up to the 2022 U.S. midterm elections bears a striking resemblance to the 2018 bear market trend, suggesting potential implications for investors.

BNB Chain, the native blockchain of Binance Coin (BNB), recently experienced a significant security breach, leading to a temporary suspension of transactions.

Cameron Winklevoss has resigned from Gemini's European board while continuing to lead the company's global operations alongside his twin brother Tyler.

Crypto YouTuber Ben Armstrong shares his prediction that Cardano (ADA) will eventually overtake Ethereum (ETH) in market cap and user adoption, citing ETH's slow roadmap as a key factor.

Explore the latest price analysis of Cardano (ADA) and discover whether the current upward trend is set to continue or reverse.

Despite the ongoing bear market, blockchain company Chiliz continues to grow its team, reflecting resilience in the fan token sector.

Coinbase strengthens its European presence with Daniel Seifert as Regional Managing Director, while CEO Brian Armstrong announces plans to sell 2% of his holdings to support scientific research.

Brian Armstrong, CEO of Coinbase, announces the sale of 2% of his COIN stocks to fund scientific research, impacting stock prices amid industry executive exodus.

Explore the latest insights into the state of crypto and blockchain adoption across the European Union, focusing on key developments and regulatory frameworks.

LUNC's struggles continue, but Binance's burn initiative offers hope.

The crypto market experiences marginal gains, with Bitcoin and Ethereum leading the charge, while global markets struggle amid recession fears and rising interest rates.

October 2022 has seen a significant rise in DeFi hacks, with nearly a dozen incidents resulting in massive financial losses for the crypto ecosystem.

Explore the latest developments surrounding Do Kwon, Terra Luna Classic, and the crypto community's reactions.

Edward Kim unveils a grant program for Terra Classic, aiming to enhance chain utility and transparency. The initiative seeks $68,000 to identify flaws and support development.

Ethereum's price remains stuck in a tight range, reflecting broader cryptocurrency market volatility. Despite a significant upgrade, ETH is down 65% year-to-date.

Ethereum's active supply has surged to a 6-month high, while its price remains relatively stable. Explore the latest on-chain metrics and price movements.

EthereumPoW, a fork of Ethereum maintaining Proof-of-Work, has seen rapid growth with over 100 projects launched in a month, despite a significant price drop.

The European Union has introduced a comprehensive ban on cross-border crypto payments involving Russia, intensifying financial sanctions amid ongoing conflict.

Discover how play and toys are evolving through NFTs and Web3, as discussed by Cryptoys founder Will Weinraub on NFT Steez.

Flipkart introduces Flipverse, a metaverse shopping platform developed in collaboration with eDAO, offering immersive experiences and digital collectibles.

FTX subsidiary FZE receives operating license in Dubai, marking a significant step in the UAE’s crypto adoption strategy.

Germany has emerged as the leading crypto economy globally, overtaking the US in the third quarter of 2022. Discover the key factors driving this shift.

GK8 and 2ND Market announce a strategic partnership to enhance cryptocurrency services in Brazil, targeting increased adoption in Latin America.

Grayscale files opening brief against SEC to overturn rejection of Bitcoin ETF conversion, marking a significant legal battle in crypto regulation.

India's Finance Minister Nirmala Sitharaman highlights the need for global standards in regulating cryptocurrency, prioritizing discussions during the G-20 meeting.

India's Finance Minister Nirmala Sitharaman announced plans to create cryptocurrency Standard Operating Procedures (SOPs) during the country's G20 presidency, emphasizing the need for international cooperation in regulating the crypto sector.

India's Finance Minister Nirmala Sitharaman announces plans to create standard operating procedures for cryptocurrencies during its G20 presidency.

Japan has revised six laws related to the Foreign Exchange Act to strengthen anti-money laundering regulations in the cryptocurrency sector.

Japan's National Police Agency alerts crypto businesses about phishing attacks by Lazarus, a North Korean hacking group, to steal digital assets.

Japan’s National Police Agency (NPA) and Financial Services Agency (FSA) warn crypto firms of phishing attacks by North Korea’s Lazarus Group, urging heightened security measures to protect digital assets.

Kanye West, now known as Ye, faces financial and reputational challenges after JP Morgan severed ties, sparking debates on banking practices and Bitcoin adoption.

Luna Classic (LUNC) faces potential price drops despite an 11% decline, with critical resistance and support levels shaping its future trajectory.

Discover how Magic Eden's shift to an optional royalties model affects NFT creators and the broader market dynamics.

Leading banks and financial institutions are making significant moves in the crypto space, signaling growing adoption as regulators work towards providing a clear framework.

The Mango Markets hacker has returned $67 million of the stolen $114 million, retaining $47 million as a bounty. This incident highlights the ongoing challenges in DeFi security and the legal gray areas surrounding crypto exploits.

Mastercard introduces Crypto Source, enabling financial institutions to offer cryptocurrency trading services with enhanced security and compliance solutions.

Mastercard introduces a new initiative to connect financial institutions with crypto platforms, addressing regulatory and security challenges.

Mastercard partners with Paxos to facilitate banks' entry into cryptocurrency trading, addressing regulatory and security concerns.

Meta's latest VR headset, Quest Pro, introduces advanced features for digital avatars but sparks privacy debates over data collection.

MicroStrategy CEO Michael Saylor highlights Bitcoin as the first properly engineered monetary system, comparing it to traditional financial systems and commodities.

Explore how Sunny Aggarwal and the Osmosis DEX are rebuilding after the TerraLUNA collapse and their role in the blockchain ecosystem.

Polkadot's multichain protocol achieved a new milestone in September with over 500 daily contributions, while its XCM standard facilitated a record 26,258 cross-chain messages.

Quant (QNT) sees a significant price increase, reaching $207.75, driven by strong market momentum and bullish technical indicators.

TapJets, a key Ripple partner, has filed a court document defending XRP's utility, while another partner submits an amicus brief in support of Ripple in its SEC case. Meanwhile, XRP's price analysis shows sideways movement with potential risks and opportunities ahead.

FTX CEO Sam Bankman-Fried supports knowledge tests and disclosures to safeguard retail investors, emphasizing the need for broader regulatory approaches beyond cryptocurrency.

Discover how Shibarium, a Layer-2 solution, enhances the Shiba Inu ecosystem, integrating with Shiba Eternity and boosting BONE utility.

Explore the latest insights into Shiba Inu's (SHIB) price performance and the factors contributing to its ongoing bearish trajectory in the cryptocurrency market.

Snoop Dogg's latest music video, 'Crip Ya Enthusiasm,' marks a groundbreaking achievement in Web3 technology, leveraging Ethereum blockchain for its production.

Société Générale gains approval as a digital assets service provider, enhancing its digital asset services in France.

Discover how South Korea's new blockchain-based digital IDs aim to revolutionize identity verification, economic growth, and citizen convenience.

South Korea plans to roll out blockchain-based digital identification, allowing citizens to use mobile apps instead of physical ID cards starting in 2024.

The S&P 500 and Nasdaq Composite hit new lows before rebounding, while crypto assets show mixed trends amid global economic developments.

Developers of the Terra ecosystem have introduced a revised expansion program to allocate 95 million LUNA tokens, valued at $248 million, to incentivize ecosystem development and address issues in the original proposal.

Texas State Securities Board and Department of Banking object to Voyager Digital's disclosure statement, questioning crypto asset valuation methodologies.

Texas regulators have launched an investigation into FTX Trading and its principals, alleging the offering of unregistered securities in the U.S. This comes amid objections to FTX's acquisition of Voyager Digital assets.

Explore the unique journey of Satoshi’s Place, a Bitcoin-themed bar, and the challenges of operating a crypto-focused business in the UK.

Discover how decentralized exchanges (DEXs) have transformed the cryptocurrency trading landscape since their emergence in 2014.

Discover the potential risks of the Ethereum Merge, including centralization concerns and scam risks, and what investors need to know.

Discover the best crypto signals Telegram channels for real-time market updates, expert trading advice, and profitable signals. Perfect for both new and experienced traders.

Uniswap (UNI) has shown a recent price surge, trading at $6.15 with a 1% increase in the past 24 hours. The cryptocurrency is nearing a critical resistance level at $7, with technical indicators suggesting potential upward momentum.

A US bankruptcy judge overseeing the Celsius case acknowledges the difficulties posed by the lack of crypto regulation, signaling the court may seek international guidance.

The U.S. equities markets have surged, with the S&P 500 and Nasdaq Composite posting significant gains, potentially setting the stage for Bitcoin to break out of its current price range.

The cryptocurrency and Web3 community faces growing regulatory uncertainty following a significant enforcement action by the CFTC against a decentralized autonomous organization (DAO).

Wintermute, a leading cryptocurrency market maker, has successfully repaid a $92 million Tether (USDT) loan to TrueFi, addressing a portion of its debt obligations following a significant hack.

XRP (XRP) has seen significant gains recently, outperforming Bitcoin and Ethereum as traders gain confidence in Ripple’s legal win against the SEC.