The agency insists that the platform doesn’t have a license to work in the country and that its operation is illegal.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
US defense bill may be ‘problematic’ for USDC and stablecoins: Analysts
A proposed U.S. national defense bill could subject stablecoins issuers to KYC and AML requirements they would be unable to comply with, said Berenberg analyst Mark Palmer.
Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy
Crypto Twitter has been abuzz with debate after a new conspiracy theory has suggested FTX founder Sam Bankman-Fried may be secretly behind one of the most controversial new memecoins on Base.
The BALD memecoin, which draws its namesake from a humorous reference to Coinbase CEO Brian Armstrong, was launched on July 30 and witnessed an incredible 289,000% gain within the first 24 hours of trading.
After the token’s anonymous developer removed thousands of ETH in liquidity, the price of BALD plummeted more than 85% — sparking allegations of a rug pull, which the developer has denied.
The ordeal led a number of blockchain sleuths to dig into the developer's on-chain past, prompting some to draw a link to SBF as the Ethereum wallet address responsible for deploying the Bald token had received thousands of ETH in funding from wallets associated with FTX and Alameda Research.
One of the conspiracy theorists, anonymous decentralized finance (DeFi) commentator Downsin suggested that the link between the two meant that it was SBF “legit trying to make it all back from prison.”
Crypto staking rewards are taxable once received: IRS
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens.
Base’s largest DEX LeetSwap halts trading amid exploit concerns
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000.
‘Let's just diversify and see' — Binance CEO on its stablecoin strategy
Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity.
Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple.
We need to fundamentally change how smart contracts operate
Smart contracts should be viewed as “proof-of-concept” rather than as critical for universal adoption. That may mean exploring alternatives.
Crypto market loses $486M in July, most since 2022: Report
According to the report, nearly half of the month’s losses were caused by the Multichain exploit, which resulted in $231 million in losses alone.
Republican candidate wants to end President Biden's supposed 'war on Bitcoin' if elected
“As president, on day one, CBDC goes into the trash can — we’re not going to allow it," said Ron DeSantis at a New Hampshire campaign event.
Where’s the recession? These 3 economic indicators can alert investors to a market downturn
Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming.
Researchers develop blockchain verification service for cultural artifacts
A combination of human expertise, NFTs and blockchain technology could help humanity protect its priceless artifacts from theft and looting.
First major success in US Congress for two crypto bills: Law Decoded
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act.
Bitcoin mining update: Stocks cool off, miners send BTC to exchanges to prep for halving
Bitcoin miners make moves in preparation for the BTC block reward halving which is scheduled for April 2024.
German government watchdog launched Worldcoin probe in November 2022: Report
Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin's data collection methods, which involve collecting iris scans from users.
Price analysis 7/31: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, LTC
Bitcoin's record low volatility is also a sign that the next price breakout will be volatile, but everyone is guessing which direction price will take and how it will impact altcoins.
Price analysis 7/31: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, LTC
The S&P 500 Index (SPX) continued its march toward its all-time high with a 3% gain in July. Signs of receding inflationary pressures and expectations of an end to the Federal Reserve’s tightening cycle are the factors that boosted risk-on sentiment.
However, this bullish mood did not benefit Bitcoin (BTC) as it largely remained range-bound in July and is on track to end the month with a loss of more than 3%. The biggest question troubling traders is when will Bitcoin’s range break and in which direction.
Daily cryptocurrency market performance. Source: Coin360Typically, the longer the time spent inside the range, the greater the force needed for the breakout. Once the price escapes the range, the next trending move is likely to be strong. The only problem is that it is difficult to predict the direction of the breakout with certainty. Hence, it is better to wait for the price to sustain above or below the range before taking large bets.
With Bitcoin trading inside a range, could the action shift to altcoins? Let’s analyze the charts to find out.
S&P 500 Index price analysis
The S&P 500 Index has been in an uptrend. The bears tried to pull the price back below the breakout level of 4,513 on July 27 but the bulls held their ground. This suggests that buyers are trying to flip the 4,513 level into support.
Price analysis 7/31: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, LTC
Bitcoin's record low volatility is also a sign that the next price breakout will be volatile, but everyone is guessing which direction price will take and how it will impact altcoins.
What is Worldcoin, and how does it help preserve World ID?
WLD token is listed and available via various avenues allowing people to choose the option of purchasing that best suits their needs. Prices are subject to market trends.
WLD is available for purchase on all major centralized exchanges (CEXs), such as Binance, KuCoin, OKX, Bybit and Huobi. CEXs, such as Binance, offer multiple purchase options via credit card or bank deposit, or buying a stablecoin like Tether (USDT) or Binance USD (BUSD), and then using that coin to buy WLD.
It is also available for swaps on decentralized finance (DeFi) platforms like Uniswap and PancakeSwap. The levels of security, dependability and liquidity vary among platforms. Sam Altman and co-founder Alex Blania expressed in an open letter that the WLD token would only be accessible in regions of the world where legal compliance is more feasible.
At the time of launch on July 24, 2023, WLD was unavailable in United States, with the company clearly stating that the use, purchase or access of WLD tokens is not intended for U.S. persons, including U.S. citizens, residents, individuals located within the U.S., as well as companies incorporated, located or registered in the United States. Moreover, anyone who completes an Orb scan in the U.S. would not be eligible for the token drop.
What is Worldcoin, and how does it help preserve World ID?
Human or an AI bot? Get your eyeballs scanned by OpenAI CEO Sam Altman’s Worldcoin Orbs to prove digital identity and earn cryptocurrency.