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Revolut to terminate US crypto services due to regulatory challenges
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Revolut to halt crypto services in the US
UK fintech firm Revolut has revealed that it would no longer…
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Fitch US Ratings Downgrade is Fine for Bitcoin (Opinion)
Fitch downgraded the U.S. government’s credit rating Tuesday, citing the national debt and deteriorating politics. Bitcoin is already looking good this year with the NFTs. But this really puts the shine on BTC.
One of…
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Ensuring integrity of blockchain transactions: Trust through audits
Blockchain auditing is the process of examining and verifying the data and transactions stored within a blockchain network. It focuses on assessing the integrity and accuracy of the information recorded on the blockchain to ensure it…
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Base launches mainnet bridge UI for end users, sets Aug. 9 for official launch
Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end users to onboard for the first time without relying on developer tools, according to an Aug. 3 announcement. The team has set Aug. 9 as…
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Revolut to suspend cryptocurrency services in US
Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid the ongoing regulatory uncertainty.Soon after announcing a partial delisting of certain digital assets from its platform,…
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Canadian crypto ownership declines amid tight regulations, falling prices
The Bank of Canada (BoC) reported a decline in the ownership of Bitcoin (BTC) and cryptocurrencies in the country in 2022, as neither market conditions nor regulations sided in favor of Canadian crypto investors, according to a BoC study…
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Aave Chan founder proposes buying $2M CRV from Curve founder
Amid growing uncertainty around Curve exposure for many decentralized finance protocols, Aave Chan founder Marc Zeller has proposed that Aave Treasury buy $2 million worth of CRV tokens in USDT from Curve Founder Michael Egorov.The…
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Curve emergency DAO terminates rewards for hack-related pools
The Curve Finance lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6 Multichain exploit, according to an Aug. 2 social media post from a member of the…
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FTX files motion to exclude its Dubai unit from bankruptcy proceedings
Bankrupt crypto exchange FTX has filed a motion in court to remove its Dubai unit from ongoing restructuring proceedings in the United States.In a court filing on Aug. 2, FTX argued that its Dubai unit didn’t conduct any business before…
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Analyzing Bitcoin’s 3 Phases for Future Predictions
The narrative of Bitcoin (BTC) cycles will continue to recur as long as halving has an impact on the BTC price, miner activity and investor psychology. In the author’s view of BTC cycles, a well-known analyst has published an up-to-date…
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