U.K. watchdog, the Financial Conduct Authority (FCA), has told firms running crypto ATMs in the country that they are operating illegally and must therefore shut down their machines. Operators that fail to heed the warning will face enforcement action, the FCA said. Crypto ATM Providers Operating Illegally The U.K. financial sector watchdog, the Financial Conduct …
Tag archives: Bitcoin
Supreme Tribunal in Venezuela States Sunacrip Has Strategic Role, Voids Earlier Sentence
The Supreme Tribunal of Justice of Venezuela has stated in a recent sentence that the tasks developed by Sunacrip, the national cryptocurrency and bitcoin mining watchdog, have a strategic significance for the country. The sentence also voids certain resolutions taken in a case where another court rolled back the seizure of more than 1,000 bitcoin …
DOJ Task Force ‘KleptoCapture’ to Target Crypto Exchanges in Sanctions Evasion Crackdown
A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial institutions, banks, money transmission services, and crypto exchanges that allow Russian oligarchs to move money “will be in the crosshairs of this investigation.” DOJ’s KleptoCapture Task Force Will Take ‘Broader View’ A new Department of …
Kevin O’Leary Shares Crypto Investing Strategy — 20% of His Portfolio Now in Crypto and Blockchain
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy. He revealed that 20% of his portfolio is now in cryptocurrencies and blockchain. “The whole point is you don’t know who is going to win.” Kevin O’Leary’s Cryptocurrency Investment Strategy O’Shares ETFs chairman and Shark Tank star Kevin O’Leary has shared …
Apple Co-Founder Steve Wozniak Expects Bitcoin to Hit $100K — Says ‘I Just Really Feel It From All of the Interest’
Apple co-founder Steve Wozniak expects the price of bitcoin to hit $100,000. “I just really feel it from all of the interest,” he explained. “The interest in crypto is so high.” Steve Wozniak’s Bitcoin Price Prediction Apple co-founder Steve Wozniak shared his view on cryptocurrency in an interview on the Wild Ride with Steve-O podcast, …
Op-ed: To conquer traditional gamers, P2E games must offer more than a cash grab
Play-to-Earn (P2E) games are a major trend, with Axie Infinity, one of the biggest in the space, recently hitting 2 million daily active players. Some might see a profit-generating and entertaining game as a dream come true, but traditional gamers are less than pleased with the blockchain-based renditions of their beloved entertainment. The difference in …
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The creators of Bored Ape Yacht Club acquires the rights to CryptoPunks and Meebits
Yuga Labs is known as the creator of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs. Their original collection BAYC included 10,000 Apes and was released in April 2021. MAYC, on the other hand, is a collection including 20,000 Mutant Apes. As a part of the MAYC project, the Yuga …
Stripe Brings Back Crypto Support After 4 Years — Says ‘Crypto Is Going Mainstream’
Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, “Our optimism for the future of crypto was not unfounded … Crypto is going mainstream.” Stripe Brings Back Crypto Support Payment giant Stripe has re-entered the crypto space after four years, with the launch …
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s AML policies. Government of Estonia Creates Stricter Regulatory Environment for …
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Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.” Bored Ape Creators Yuga Labs …
Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor Prices
Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds of thousands or even millions of …
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Biggest Movers: XRP Rises 7%, While LUNA Falls by the Same Amount
Although cryptocurrency markets started the weekend lower, XRP was able to avoid the red wave, rising by as much as 7% in the process. LUNA on the other hand was lower, with ANC also down close to 10%. Ripple (XRP) XRP rose to its highest level in almost one month on Saturday, as the world’s …
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Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency exchanges. Since This Time Last Year, Large Sums …
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Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $2,550 to Start the Weekend
Ethereum was once again trading close to its support of $2,550 on Saturday, as crypto markets continue to consolidate. Following strong gains on Tuesday, BTC and ETH have both mainly traded sideways, as price uncertainty grips markets. Bitcoin Bitcoin is down just over 1% as of writing, as the world’s largest cryptocurrency continued to trade …
Crypto4Winners Looks to Offer a Unique Trading Platform With a Wide Range of Useful Features
press release PRESS RELEASE. Crypto4Winners (C4W) strives to actively manage customers’ BTC, ETH, and USDT to offer them a source of consistent passive income by increasing the number of their respective crypto assets. To that end, C4W has several pools such as BTC Pool, ETH Pool, and Global Crypto Pool. Ultimately, the team wants to …