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 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 […]
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 […]
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 […]
The Bitcoin Cash (BCH) price has fallen since reaching a new yearly high on June 30. However, it shows signs that the correction is complete. Up until now, the price of BCH has surged by […]
Arkham (ARKM) price rose to $0.89 after its Binance Launchpad sale. AltSignals (ASI) token is in presale, currently priced at $0.01875. Both projects have artificial intelligence-powered algorithms, systems that could revolutionise blockchain intelligence and marketplace […]
Amid much opposition, the US Federal Reserve is soon launching its ‘FedNow’ payments service. It aims to revolutionize the country’s payment system by enabling real-time fund transfers at all times. BeInCrypto previously reported that the […]
The Dogecoin (DOGE) price is trading between crucial resistance and support levels, the reaction to which can determine the future trend’s direction. The readings in multiple time frames are inconclusive. Thus, the price movement in […]
The US state of Arkansas is seeing growing opposition to the recently passed “Right to Mine” law (Act 851). Local reports highlight that loosened restrictions on commercial cryptocurrency mining have raised concerns. Meanwhile, large, electricity-intensive […]
Social media giant Meta has revealed the next generation of its open-source LLM Llama 2. It will work with Microsoft to bring the technology to more businesses and researchers. Meta and Microsoft are collaborating on […]
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