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US Treasury Issues Sanctions on Gaza-Based Bitcoin Exchange Allegedly Tied to Hamas
October 18, 2023
The US Treasury has sanctioned a Bitcoin exchange based in Gaza associated with fundraising activities for Hamas, according to recent reports. The Office of Foreign Assets Control (OFAC) states that …
Read moreSpot Bitcoin ETFs Likely to be Approved by 2023, Predicts Mike Novogratz
October 18, 2023
Expressing his candid optimism for the Bitcoin industry, Galaxy Digital CEO, Mike Novogratz predicts an imminent 2023 approval for spot Bitcoin exchange-traded funds (ETF), in a recentinterview. Novogratz stressed on …
Read moreUK Dominates Crypto Activity in Europe with $252B Transactions
October 18, 2023
Platforms like OpenSea, Sorare, and Uniswap are popular among Britain’s crypto users, contributing to the country's substantial trading volume in the sector. The United Kingdom’s increasing regulation of crypto transactions …
Read moreEthereum Co-founder Vitalik Buterin Clarifies Recent ETH Transactions
October 18, 2023
Ethereum co-founder Vitalik Buterin has recently addressed allegations regarding his massive Ethereum coin 'sales'. He clarified that he hasn't sold his Ethereum for personal gain since 2018. Recent wallet activities …
Read moreKey Developments in the World of Bitcoin: Prices, Thefts, and Future Prospects
October 18, 2023
Bitcoin has been at the center of several key developments recently. The price of the crypto giant is enduring a crucial phase, with analysts noting that it could soon lift …
Read moreBinance's Strong Stance Despite Regulatory Hurdles
October 18, 2023
Despite the growing regulatory hurdles and criticisms it faces, Binance, the world's largest crypto exchange, continues to offer a bullish outlook on the future of the crypto industry. The Chief …
Read moreCoinbase's Lobbying Challenges and Trading Volume Slowdown: Analysts' Insights
October 18, 2023
A recent report by Berenberg Capital Markets suggests that the use of cryptocurrency by Hamas militants could potentially complicate the crypto lobbying efforts of Coinbase in the United States. Lead …
Read moreEU Council Adopts Enhanced Cooperation Directive for Crypto Tax Data Sharing
October 18, 2023
The Council of the European Union (EU) has approved a directive aimed at boosting cooperation among national taxation authorities, specifically for transactions involving crypto assets. The Directive on Administrative Cooperation …
Read moreReddit to Cease Blockchain-Based Community Points Service
October 18, 2023
Reddit has announced the discontinuation of its blockchain-based Community Points feature, citing scalability issues as the main cause of the service’s demise. The Community Points were rewarded to Reddit users …
Read moreEthereum Layer 2 zkEVM Solution 'Scroll' Commences Mainnet Operations
October 18, 2023
The Ethereum Layer 2 scaling solution, Scroll, a new entrant in the zero-knowledge Ethereum Virtual Machine (zkEVM) domain has confirmed the launch of its mainnet. Scroll's mainnet had been operational …
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