Tag Archives: News

Whalefin, a Japanese crypto exchange run by Amber Group, was sold to Sony last August. Now, Sony wishes to operate the exchange and mark its full-fledged entry into the crypto ecosystem. The road to kicking off the exchange’s functioning has begun, with Whalefin and Sony pushing out announcements to keep users ready for the new launch. Whalefin operated under the subsidiary Amber Japan, which Sony bought, will now witness rebranding to be named S.Blox. Amber Japan, before Amber took over in...

It looks like stablecoins and their issues cannot stay outside the news cycle, with MiCA issuing its stablecoin guidelines and Circle making huge moves in the EU. It is Paxos’ turn now, as it has secured full regulatory approval from Singapore’s Monetary Authority of Singapore (MAS). In a press release, it said, “Paxos, the leading regulated blockchain & tokenization infrastructure platform, received full approval from the Monetary Authority of Singapore (MAS) for its Singapore entity,...

History repeats itself, and this time around, that is great news for bitcoin holders. Over the past six years, bitcoin prices have rallied by about 7% in July. That could help the asset recover from the losses it witnessed in June, which also was around 7%. The first few days of July have already been good for the largest cryptocurrency, pushing above $63,000 on the first and second days of the month. Bitcoin looked like it would remain below the $60,000 mark in the last week of June, but...

Stablecoin issuers were hit with an injunction last week by European regulators, as the Markets in Crypto Assets (MiCA) took effect partially on June 1. In line with that ask to register in any nation in the bloc to continue issuing stablecoins in the EU, Circle has secured an Electronic Money Institution (EMI) in France. This will allow it to issue USDC and its new Europe-centred stablecoin EURC. Circle co-founder and CEO Jeremy Allaire posted on X about this development, “@Circle announces...

The US Securities and Exchanges Commission (SEC) has asked ETH ETF S-1 applicants for changes, returning their applications, which will push the launch date. They were asked to resubmit the forms by 8 July. However, industry experts believe it may not take too long. Many expected the ETFs to launch on US exchanges before 4 July. Bloomberg analyst Eric Balchunas feels they will receive SEC approval by July end, allowing ETH ETF issuers to launch the products by mid to end of July. He posted...

Decentralized predictions platform Polymarket marked $100 million in volume in June, mainly facilitated by the US presidential election. Over $204 million worth of bets exist on who is going to become the US president come November. A considerable number of bets amounting to that sum came in June as more high rollers made their plays and existing ones increased their bets. The “Presidential Election Winner 2024” market lists the obvious options democrat nominee US President Joe Biden and...

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.