The crypto exchange Bybit has announced its decision to leave the UK market due to upcoming regulations set by the Financial Conduct Authority (FCA). This move reflects the exchange’s proactive approach to embracing regulatory changes. However, the sudden shift in Bybit’s stance contradicts its previous commitment to the UK market. This article will explore the
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The price of IMX, the native token of the ImmutableX NFT platform, has skyrocketed by over 30% overnight, driven by a massive influx of volume on South Korean crypto markets. On popular exchanges Upbit and BW, a tsunami of over $617 million in trading volume within 24 hours triggered an astonishing 38.1% price increase. This
The city of Busan in South Korea is set to revolutionize the digital asset trading market with the launch of its long-awaited blockchain-powered exchange. This groundbreaking platform is expected to tokenize valuable assets such as raw materials, precious metals, carbon and emissions certificates, and intellectual property rights. With a strong focus on innovation and capitalizing
Ethereum, one of the leading cryptocurrencies, is facing significant downward pressure as it drops below the $1,600 mark. However, amidst this price contraction, on-chain data reveals an intriguing movement by a crypto whale. Referred to as “0xb154,” this individual has transferred a substantial amount of Ethereum from Binance, a popular cryptocurrency exchange, to a non-custodial
Last week’s Token2049 conference in Singapore was supposed to be a hub of excitement and innovation in the cryptocurrency industry, but for some attendees, it turned into a nightmare. The conference was overshadowed by the arrest of 11 individuals linked to the troubled cryptocurrency exchange JPEX. These individuals were charged with fraud and operating an
US retail giant Walmart has recently made headlines by venturing into the world of metaverse platforms, joining the likes of Roblox. The move, however, has raised eyebrows and drawn criticism due to concerns that the company is specifically targeting children. According to crypto news outlet The Block, Walmart is launching two divisions within the metaverse:
The regulatory spotlight is once again on OpenAI, as Poland’s Personal Data Protection Office opens a case against the company. This comes after an individual lodged a complaint against OpenAI’s popular ChatGPT app, alleging unlawful data handling and lack of transparency. As the investigation unfolds, concerns regarding OpenAI’s data processing principles and potential violations of
The cryptocurrency industry is no stranger to regulatory challenges, and stablecoins have found themselves in a particularly tough position. Amidst the uncertainties surrounding the forthcoming Markets in Crypto Assets (MiCA) regulations in Europe, recent reports suggested that Binance, one of the world’s largest crypto exchanges, may delist stablecoins. However, Binance CEO Changpeng Zhao (CZ) has
The listing of the GOLD Token has sparked a parabolic move, with its price skyrocketing over 28,000% from its listing price in just one day. Although the price has pulled back slightly from its intraday high of $0.3225, it still remains considerably higher. As traders seek entry levels for potential buy zones, the key moving
Crypto analyst Nicholas Merten highlights the potential for turbulent times ahead for the Bitcoin price. In his recent YouTube video on DataDash, Merton discusses how the directional movement of equities and broader assets will directly impact Bitcoin and the cryptocurrency market as a whole. He observes the correlation between the equity market and the crypto