Actor Ben McKenzie says crypto is like a ‘Ponzi scheme’
McKenzie says cryptocurrencies resemble an MLM scheme. He calls for the need to better regulate and license this market. Bitcoin is currently up a whopping...
LEND Finance announces exclusive integration with LayerZero
Users can leverage LayerZero’s Ultra Light Nodes (ULNs) to lend assets across any blockchain. The integration also means borrowing and lending on LEND Finance is...
EU stays on top of Web3 with metaverse, AI and crypto strategies
The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies. It has been a leader in establishing clear crypto...
Bitget added 9,033 new elite traders in Q2
Bitget says it made a bunch of notable achievements in the second quarter of this year – a few of which it underscored in a...
Crypto memes can be considered financial promotions, says UK watchdog
Crypto firms and influencers may need to start slapping disclaimers on crypto memes to stay compliant with advertising laws in the United Kingdom, according to...
Ripple court ruling makes call for regulation ‘more compelling and more urgent’ — former CFTC chair
Timothy Massad, former chair of the United States Commodity Futures Trading Commission (CFTC), has said though a Securities and Exchange Commission (SEC) v. Ripple court...
Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17
Given the current push for crypto regulation, the industry breathed a sigh of relief on July 13 as Ripple Labs scored a partial victory in...
XRP tops BTC in trading volume as it continues to savor partial victory in SEC suit
The July 13 ruling on the suit filed by the United States Securities and Exchange Commission (SEC) has led to unprecedented interest in the XRP token....
FSB finalises recommendations for global crypto framework
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers. Segregation of funds to protect clients and measures to ensure no...
National Australia Bank joins crypto exchange boycott, cites ‘scams’
Another major bank in Australia has said it will block certain cryptocurrency platforms, citing high levels of scam risk in the industry.On July 17, National...