The U.S. Treasury is advocating for expanded powers to prevent crypto misappropriation by Iran, Russia, and North Korea. Based on Bloomberg’s report, Deputy Secretary Adewemo highlighted in his prepared statement for the Senate hearing that the administration is dealing with threats from malicious entities who are becoming more cunning at concealing their identities and transferring … Read more
In simple terms, there’s a heated debate going on among SushiSwap’s community members about how the platform should be governed. The SushiSwap team has put forth an idea to revamp the treasury and token distribution system. Their proposed solution is called the “Labs model,” which they believe will streamline operations and speed up development by … Read more
In the world of bitcoin and cryptocurrencies, there’s growing excitement as the anticipated Bitcoin halving approaches in 2024. Steno Research analysts propose an intriguing take: “Buy before the announcement, sell after.” Similar to what occurred prior to the 2016 Bitcoin halving, some analysts predict an increase in BTC value before the event, followed possibly by … Read more
Today, Crypto.com announced that its Dubai branch, CRO DAX Middle East FZE, has received complete approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate. This marks a significant achievement for the company as it prepares to introduce the Crypto.com Exchange, which is open to institutional investors, marking Crypto.com’s first operational milestone in Dubai. The … Read more
Deputy U.S. Treasury Secretary Adewale O. Adeyemo urges Congress to provide the government with effective instruments for combating illicit financing associated with cryptocurrencies. During a Senate hearing, Adeyemo shared that terrorist organizations such as al-Qaeda have utilized cryptocurrencies for money laundering through social media channels, bringing up an instance from half a decade ago as … Read more