Coinbase has taken a firm stance against a proposal put forth by the US Commodities Futures Trading Commission (CFTC) that could impact prediction markets like Polymarket. The Chief Legal Officer of Coinbase, Paul Grewal, raised concerns about the proposal’s vague definition of “gaming” and its claim that contracts related to prediction markets are contrary to
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OKX CEO Star Xu recently issued a warning to users about the potential risks associated with interacting with the crypto mixer Tornado Cash. Xu emphasized that deposits from sanctioned entities, such as Garantex and Tornado Cash, or withdrawals to these entities could trigger compliance risks and lead to account suspension. It was made clear that
In recent days, Bitcoin has seen a remarkable price recovery, surpassing $60,000 and nearing $63,000 for the first time since the weekend. This comes after a market-wide crash that occurred at the end of last week and especially on Monday, causing Bitcoin’s price to plummet from over $66,000 to a six-month low of $49,500. However,
Samuel Edyme, also known as HIM-buktu, is a multi-faceted individual in the world of web3 content writing, journalism, and trading. His expertise in these areas has led him to collaborate with various prominent industry players such as AMBCrypto, Blockchain.News, and Blockchain Reporter. His journey into the crypto space has been an eventful one, starting with
Metaplanet, a Japanese investment firm, recently secured a $6.8 million loan from MMXX Ventures to increase its Bitcoin holdings. This move is part of the company’s larger strategy to raise $70 million through a stock rights offering, with a significant portion earmarked for Bitcoin investments. The decision to allocate a substantial amount towards Bitcoin comes
Bitcoin, the leading cryptocurrency in the world, has recently experienced a significant price drop, causing many investors to panic. However, a crypto analyst known as ‘The Crypto Dog’ has come forward with an optimistic forecast for Bitcoin’s future. According to the analyst, Bitcoin could potentially recover from its recent losses at a rate equal to
Immutable, a key player in the NFT and blockchain gaming space, recently announced its decision to close down its NFT marketplace. This strategic move is in line with the company’s overarching goal of supporting and expanding its network by collaborating with other marketplaces within its ecosystem. The closure of Immutable Marketplace is scheduled to take
The potential addition of options features for Bitcoin (BTC) exchange-traded funds (ETFs) in the US is creating a buzz in the market. Bloomberg ETF analyst James Seyffart believes that these features might be included in the fourth quarter. However, there is a possibility that this offering could kick off as early as the third quarter,
In a recent report by Fox Business, it was revealed that a new advocacy group known as “Crypto for Harris” has been launched with the goal of countering Donald Trump’s influence in the industry. The group is set to hold a virtual town hall meeting in the upcoming week to show their support for the
BTSE recently made headlines with the launch of BTSE Dex 2.0, a platform that revolutionizes the trading experience by introducing cross-compatibility for Ethereum Virtual Machine-based chains. This upgrade enables users to trade over 50 perpetual futures on various networks such as Base, Optimism, and Arbitrum. A key feature of BTSE Dex 2.0 is its integration
