India’s crypto ecosystem has received a much-needed boost following the conclusion of the G20 summit. As the world’s most influential economies, the G20 fully endorsed the recommendations from the IMF and FSB Synthesis paper, providing clear guidance for the policy and regulatory framework of crypto assets. This article explores the key aspects addressed by the
Bitcoin traders have experienced a week of cautious price action, resulting in a decline in trading volumes across major crypto exchanges. This decline is a cause for concern as it reflects a lack of interest from both institutional traders and retail investors. The future price of Bitcoin hangs in the balance, and its direction could
A recent lawsuit against law firm Fenwick & West has prompted the firm to defend itself against allegations of fraudulent activity in their representation of FTX. In a legal filing on September 22, Fenwick outlined several grounds on which it seeks to dismiss the class action suit. This article critically analyzes Fenwick’s defense in light
As the calendar flips to October, all eyes in the crypto community are fixed on the US Securities and Exchange Commission (SEC). A crucial decision awaits the SEC regarding their case against asset manager Grayscale. The deadline for an appeal is October 13, exactly 45 days from the court’s ruling. On August 29, the District
ConsensSys, a leading Ethereum software company, made a groundbreaking announcement on September 22 regarding the sunset of its widely acclaimed toolkits, Truffle and Ganache. As the company looks to redirect its focus towards empowering developers with MetaMask toolkits like Snaps and SDK, developers in the Ethereum community are preparing for a new era of smart
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
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
