Located in Europe, on the southern tip of Spain, the British Overseas Territory of Gibraltar is a bubbling hotbed of crypto adoption. In an interview with Cointelegraph, Albert Isola, Gibraltar’s Minister for Digital and Financial Services and a member of the country’s parliament, explained Gibraltar’s approach to crypto and shed some light on his own investment interests. Isola played a pivotal…
Month: July 2022
UK National Crime Agency Seizes $33 Million in Cryptocurrency – Regulation Bitcoin News
The British National Crime Agency (NCA) has revealed that it has seized £26.894 million ($32.75 million) in cryptocurrency. “Criminals increasingly exploited financial technology and crypto assets” that could harm “the U.K.’s economy and institutions,” said the agency. NCA Seizes Crypto Worth $33 Million The British National Crime Agency (NCA) published its annual report 2021-22 this week. The NCA “leads the…
Ethereum’s biggest ‘Merge’ staker soars 400% in July — but technicals flash warning
Lido DAO (LDO) price has skyrocketed by roughly 400% month-to-date to reach $2.22 on July 28, its highest level in over two months. LDO Mergified LDO price has benefited majorly due to its association with Ethereum, the leading smart contract platform by total-value-locked (TVL) and market capitalization. Notably, LDO serves as a governance token inside the Lido DAO ecosystem, a…
CoinGecko open to acquisition but now is ‘too early,’ co-founder says
Major cryptocurrency tracking website CoinGecko is open to acquisitions, but not right now, according to a co-founder of the platform. CoinGecko has been hit by the current crypto bear market but the firm is far from selling off, CoinGecko chief operating officer Bobby Ong told Cointelegraph. Ong believes that all crypto-related companies are affected by the cyclical nature of the…
ROLA Brings You the Best Predict-to-Earn Ecosystem – Press release Bitcoin News
press release PRESS RELEASE. ROLA, a community-driven platform for the crypto industry, allows users to participate in AI-based predictions on all market aspects while leveraging real-time market insights on top of professional analysts’ knowledge. The ROLA app enables users to consume market insights while improving from the users’ votes. The algorithm thus improves from the signals it receives from the…
US Stablecoin Bill Pushed to After August Recess
Bipartisan legislation to establish a regulatory regime for stablecoins in the U.S. has been pushed back to after the August recess. In a statement, Rep. Maxine Waters (D-CA) said, “Although the Ranking Member, Secretary Yellen and I have made considerable progress towards an agreement on the legislation, we are unfortunately not there yet, and will therefore continue our negotiations over…
Ethereum dev confirms Goerli merger date, the final update before the Merge
The Ethereum main net is just one test net merger away from officially transitioning to a proof-of-stake (PoS) blockchain. After multiple shadow forks and test net merges, the years-long journey has reached the final stage with the announcement of the final test net merge to the Beacon chain. The transition to PoS began in December 2020 with the launch of…
Law Commission for England and Wales proposes reforms for digital assets
The U.K. Law Commission called for cryptocurrencies and digital assets to be classed as “data objects” in new reforms aimed at fostering growth and legal protection. Source: https://cointelegraph.com/news/uk-law-commission-proposes-reforms-for-digital-assets
Crypto mining still profitable in the long-term, expert says
From the great migration to the bear market, crypto miners went through many challenges throughout the year including a shift in profitability. However, according to Steve Bassi, an expert in Bitcoin (BTC) and Ether (ETH) mining, crypto mining may still be profitable if we look at its long-term prospects. As the costs of application-specific integrated circuit (ASIC) miners hover around…
Over $202M in Short Bitcoin, Ethereum Positions Liquidated Amid Bullish Move
Following a week of steady losses, crypto prices have turned a bullish corner in the last day. And traders shorting Bitcoin and Ethereum have been caught out. This positive price movement puts the total market capitalization just above $1.05 trillion, a 7.15% rise over the past 24 hours, suggests CoinMarketCap. Bitcoin (BTC), the leading cryptocurrency with a market capitalization of…