European economy on the brink of recession as Q3 GDP contracts by 0.1%
Recent data analysis paints a precarious picture for the European economy. Q3 2023 GDP figures illustrate a contraction of -0.1%, defying the forecast for a flat rate. This downturn marks a crucial moment for the European economy, as another subsequent negative quarter could officially wedge Europe into a recessionary period. This economic backdrop is further […]
Financial Conduct Authority warns UK investors not to engage with Bitfinex
The FCA has listed the exchange as a noncompliant entity and warned the investing public that it will have no recourse in the event of losses.
Brazil reports stablecoin boom as USDT trading volume surpasses all other digital assets combined
The trading volume of USDT in Brazil exceeded the combined trading volume of all other cryptocurrencies in 2022, according to the Receita Federal do Brasil.
New UK law grants authorities power to seize crypto without arrest
The Economic Crime and Corporate Transparency Act is part of the UK government’s recent initiative to regulate the emerging industry.
SBF Trial – SBF claims he acted in good faith as lawyers blessed his decisions at FTX
SBF told the court that his actions were driven by a sincere belief in their legality, given that legal experts had approved certain aspects of his policies.
MetaMask expands crypto on-ramp options with Stripe integration
The addition brings Metamask’s supported payment platforms to ten.
Mastercard creates tech to tokenize CBDCs on multiple blockchains
Mastercard has developed a solution that allows tokenization of CBDCs on multiple blockchains and can control which wallets are allowed to receive the wrapped tokens.
Dormant Bitcoin address moves 3k BTC after price increased 6000% in 6 years
A similar dormant address moved 5000 BTC after three years of inactivity.
Bitfinex parent company looking to buyback 15M shares at $1.7B valuation
The move is seen as an effort to consolidate its private operations amidst increasing regulatory oversight in the cryptocurrency industry.
Binance says it will operate under new UK rules despite earlier withdrawal
Customers in the U.K. can access permitted services through a new web page.