The landscape of stablecoins is undergoing a significant shift with the implementation of Europe’s Markets in Crypto-Assets Regulation (MiCA). According to French blockchain analytics firm Kaiko, non-compliant stablecoins currently dominate 88% of the total stablecoin volume. However, the tide is turning as market makers are beginning to favor compliant stablecoins over their non-compliant counterparts in
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The recent scandal involving Paxful Inc. co-founder Artur Schaback pleading guilty to conspiracy charges related to the failure to maintain an effective anti-money laundering (AML) program has sent shockwaves through the financial industry. The Department of Justice revealed that Schaback’s negligence turned Paxful into a haven for criminal activities such as money laundering, fraud, and
The partnership between Sovereign Nature Initiative (SNI), Unique Network, and WalletConnect on the Polkadot blockchain has paved the way for a groundbreaking collaboration known as DOTphin. This innovative project, set to debut at Polkadot Decoded 2024, aims to revolutionize environmental sustainability through the use of Non-Fungible Tokens (NFTs). Dynamic NFTs for Real-World Ecological Benefits One
The Republican Party’s official platform for the 2024 election includes Bitcoin and crypto, reflecting a broader shift within the party towards embracing digital assets and blockchain technology. Former President Trump’s recent statements have influenced this change, as well as the growing interest among the party’s voter base in cryptocurrency. The platform opposes the creation of
Bitcoin (BTC) has recently hit its lowest level since February 26, causing concern among investors. However, Bitfinex analysts have identified on-chain signals that suggest the leading cryptocurrency may be on the verge of a turnaround. Despite recent volatility and market fear, there are indications that BTC may not experience any further significant dumps in the
The recent price movement of Bitcoin has been a cause for concern for many investors, with the price dropping more than -22% since the mid-March high over $73,000. Jacob Canfield, a trading mentor at Trading Mastery, has offered his analysis on the potential for further decline in the Bitcoin price. Canfield’s analysis is based on
Despite a challenging week in the crypto market, Chainlink (LINK) managed to see a brief respite with a gain of over 4%. This positive movement was supported by the accumulation of over 6.2 million LINK by whales. The current value of these holdings is estimated to be around $76.88 million according to popular crypto analyst
Experienced trader Peter Brandt recently suggested the possibility of Bitcoin plummeting to as low as $44,000, citing a technical indicator that presents a bearish perspective for the leading cryptocurrency. According to Brandt, Bitcoin may be on the verge of forming a double top pattern, which typically signals a sharp downturn in price. The concept of
Legend of Arcadia (LOA) Season 2: Grandia World Tour is the continuation of the innovative play-to-airdrop (P2A) campaign that garnered success in Season 1. The mobile card-based RPG introduces players to the bustling cityscape of Grandia, offering new play-to-earn opportunities. By leveraging blockchain technology, LOA enhances the gameplay experience, allowing for real-time PvP modes and
Bitcoin’s recent price action has caused fear and uncertainty across the crypto market, with many participants worrying that the bull market may be coming to an end. The price has been steadily making lower highs and lows since dropping below the $70K mark, indicating a clear bearish trend. Last week, the market broke below the
