Sympathizers of the terror group, the Islamic State (IS) are allegedly using South Africa’s financial system to channel funds to the group’s affiliates and networks in Africa. The United States government has so far sanctioned four South Africa-based individuals it accused of facilitating the transfer of funds to African terror groups. Millions of Dollars Laundered A new United Nations Security…
Bitcoin (BTC) consolidated higher into July 28 after United States monetary policy changes fueled optimism in risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed hike instils fresh crypto optimism Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to highs of $23,452 on Bitstamp overnight. The pair had reacted strongly to the latest Federal Reserve key rate…
The GameFi industry holds massive potential for growth within the next six years, according to a recent report. Source: https://cointelegraph.com/news/gamefi-industry-to-see-2-8-billion-valuation-in-six-years
A future without digital assets is hardly imaginable but Bitcoin (BTC) is far from being perfect by design, according to a finance professor at the London School of Economics (LSE). LSE financial professor Igor Makarov believes that digital money and digital assets will undoubtedly be part of the future of finance and their efficiency will depend much on their design.…
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by the Bitcoin Magazine Pro team to talk about the Federal Reserve’s policy decisions. Watch This Episode On YouTube Or Rumble Listen To The Episode Here: Dylan Leclair: Obviously everybody’s favorite question and no one has the answer is,…
A recent critique from author and entrepreneur Liron Shapira on the Helium blockchain project has caused a strong debate over the long-term prospects of the company. Founded in 2013, Helium is an Internet of Things (IoT)focused blockchain that is building a decentralized peer-to-peer wireless telecommunications network via its own machine networking tech. In a Twitter thread from July 26, Shapira,…
Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets it’s supposed to supervise. Banking Watchdog Faces Staffing Problems Threatening Its Ability to Regulate Crypto in EU Retention of…
On-chain metrics firm Santiment says it is still investigating the cause of a sudden surge of ETH active addresses, which have eclipsed the previous ATH by a whopping 48% On July 27, the analytics firm tweeted that the number of daily active addresses on Ethereum had suddenly spiked to 1.06 million, shattering the previous high of 718,000 set back in…
Japan’s leading crypto lobby groups plan to submit a proposal to Japan’s financial regulatory body to address its high crypto taxes, which experts warn make Japan less competitive as a crypto hub. According to an internal memo seen by Bloomberg, the proposal will be submitted to Japan’s Financial Services Agency (FSA) this week, asking them to put an end to…
A panel of crypto industry experts “sees a fairly bright future ahead” for Binance coin, predicting bnb to rise to $781 by 2025 and $1,814 by the end of 2030. One expert explained that “Since the bnb chain ecosystem continues to grow, the price may reach as high as $3,000 in 2030.” BNB’s Price Predictions Price comparison portal Finder updated…
