US House Approves Debt Ceiling Bill to Combat Default
The U.S. House of Representatives passed a bill to suspend the debt limit.The bill would extend the country’s debt ceiling until January 1, 2025.Five days prior to Treasury’s deadline, the…
UAE Central Bank Issues New AML Guidelines for Crypto Sector
Within a month, the UAE’s central bank’s new regulations will go into force.Virtual assets, virtual asset service providers, and business models are all included.The UAE Central Bank has updated its…
BNB Chain Facilitates the Launch of Hong Kong-Based First Digital’s Stablecoin.
First Digital Group has debuted its own stablecoin.The stablecoin is issued on both Ethereum and BNB.First Digital, a prominent qualified custodian and registered trust company based in Hong Kong, has…
SEC Settles With Coinbase Employee For Insider Trading Charges.
The first-ever insider trading case involving cryptocurrencies comes to a close. The Securities and Exchange Commission (SEC) announced on Tuesday that ex-Coinbase manager Ishan Wahi and his brother, Nikhil Wahi,…
Bitcoin Joins the NFT Bandwagon with BRC-721E Standard and Ordinals.
Bitcoin joins the NFT revolution with BRC-721E protocol, merging Ethereum and Bitcoin ecosystems.BRC-721E standard bridges the gap between Bitcoin and Ethereum NFTs, unlocking cross-chain potential.Bitcoin Ordinals gain popularity, enabling data…
BabyDoge Gets Into Next Level of Advancement Ensuring User Security.
BabyDoge is getting ready to introduce a multi-chain token locker.85 token locks have already been created on the live Binance Smart Chain (BSC).A multi-chain token locker provides users with flexibility…
Collapsed Australian Crypto Exchange TrigonX All Set To Relaunch.
The digital asset exchange was among the several hit hard by FTX’s collapse.TrigonX failed to satisfy withdrawal requests thus, administrators were appointed last year.After collapsing in December with debts of…
Volatility Coming Up While Bitcoin Is About to Move Out of Equilibrium.
Bitcoin markets could be heading for a period of volatility following an extended lull in trading activity.In its weekly on-chain report, analytics provider Glassnode cautioned that there is likely to…
XRP Ripple Experienced A Record-Breaking Spikes in Address Activity
At the time of writing, 7,058 XRP addresses were active on the network on Today.A total of 490.35K XRP addresses engaged with the network on May 28.XRP (XRP), the sixth…
European Central Bank Plan To Launch Digital Euro.
Fabio Panetta, a member of the ECB’s executive board, suggested a three- to four-year schedule for the rollout of the digital euro on the occasion of the institution’s 25th anniversary.…