New Crypto Presales to explode in July 2022
While the market conditions currently may not be in a desirable state for investors, it is evident that the industry has consistently building and growing. Despite prices, a huge number…
Reddit users raise concerns over the exchange’s financial situation
The crypto community has been raising concerns over Coinbase’s financial situation amid the bear market. Coinbase was among the first exchanges to announce laying off staff. Some of the exchange’s…
Central Bank of Ireland approves Gemini as a registered VASP
Gemini, one of the largest cryptocurrency exchanges, has become Ireland’s first registered virtual asset service provider (VASP). The exchange, owned by Cameron Winklevoss and Tyler Winklevoss, has received approval from…
US senator blasts SEC for non-judicial actions against crypto companies
Senator Emmer highlighted the SEC’s politicization of regulations and called them power-hungry regulators that discourage good-faith regulations. Tom Emmer, the Republican Senator from Minnesota, has become the latest politician to…
Gemini receives virtual asset service provider license in Ireland
New York-based crypto exchange Gemini opened its local office in Dublin, Ireland, last year. Now, it is granted with a VASP license. New York-based crypto trading platform Gemini claims to…
What are crypto faucets and how do they work?
By completing simple tasks, users can use a crypto faucet to earn modest coin payouts (similar to the minuscule drops of water trickling from a leaky faucet). On blockchains like…
US federal agency issues legal advisory on NFT investments
The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate. The United States Office of Government Ethics (OGE) issued a legal advisory recommending various instances…
Crypto Regulation Bill May Face Senate Vote Only Next Year: Senator Lummis
Senator Lummis made the remarks at the Bloomberg Crypto Summit. The crypto bill will have to be reviewed by multiple Senate committees. In any case, the U.S. is rapidly accelerating…
NFT Influencer Zeneca’s Twitter Account Gets Hacked In A New Phishing Scam
NFT influencer Zeneca’s account was hacked in a phishing scam The hacker posted a fake airdrop message to trick users into connecting their wallets with the malicious link The impact…
Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury
On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets,…
Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in…
Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers
The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future.…
Digital Token Issued In Russia to Facilitate Investments in Palladium
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has…
5 Memecoins with Possibility of Exponential Returns in 2022
Trying to estimate the true worth of a digital asset is one of the most challenging aspects of investing in cryptocurrencies. As many meme coins begin to acquire popularity in…
5 Crypto Projects with Promising Founders
Despite the fact that cryptocurrencies are founded on blockchain technology, in which each transaction is a string of exact digits that create a cryptographic hash, people are still able to…