After the July 19 circular, it is illegal to engage in any cryptocurrency activities in Kuwait. Kuwait has joined Thailand, Indonesia, and Turkey to ban crypto activities. Violators are to face penalties as stipulated in […]
The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt. Source link
The UK Government has turned down a House of Commons committee’s proposal to regulate crypto investment as gambling. The UK is exploring crypto regulation in a phased approach this year, and there are various suggestions […]
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Mossab Hussein, co-founder of cybersecurity firm Spidersilk, said the surprising emails can be attributed to one of two options: “It’s either FTX itself sending those emails [to notify them of the claims portal] and giving […]
Key takeways The crypto industry experienced growth across Bitcoin and other L1s, L2s, stablecoins, DeFi, and NFTs. Bitcoin network growth included trading volume, transaction count, fees and hashrate. Solana, BNB Chain led L1s, while Liquid […]
Led by supporters of the ousted leader Aung San Suu Kyi, the Spring Development Bank (SDB), will target Suu Kyi supporters as customers, including the Burmese diaspora, the spokesperson said. The NUG’s stance is that […]
Polygon (MATIC) price dropped to a 2023 bottom of $0.58 on June 11 after the SEC classified it a ‘security’ in a court filing. The Polygon team now looks to migrate from MATIC to a […]
Traders, known as Dynamic Liquidity Providers, can lock in the native RDNT token to profit from interest and flash loan fees and have governance authority within the Radiant DAO. The protocol’s platform fees are paid […]
Bitcoin spot ETFs could increase BTC demand to the tune of $30 billion, according to a report by NYDIG. The crypto trading firm estimates that there are $27.6 billion in spot-like products, compared with $210 […]
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