Crypto Specialist

News

May 30

Bitget Receives Polish Regulatory Licence as Fifth-Largest Exchange Moves Further into EU

by Ryan Nicholson

Following a successful registration in Lithuania and six other EU countries, Bitget registers in Poland for cryptocurrency-related services. Key Takeaways Bitget received regulatory approval in Poland as a virtual asset service provider to operate in and from Poland. This makes Poland the se...

Bitcoin

May 29

OKX Publishes 7th PoR Report With $10B in Crypto Assets, Continues Expansion

by Ryan Nicholson

Seychelles-based cryptocurrency exchange OKX published its seventh proof-of-reserves (PoR) report in line with efforts to push the new industry standard of transparency and trust within the crypto community. The new report shows that OKX has reserves of $10 billion in bitcoin (BTC), ether (ETH), Te...

Bitcoin

May 29

Bitcoin Charted 3-Week High as Crypto Markets Added $30B Overnight (Market Watch)

by Ryan Nicholson

Shortly after the US government said it reached some sort of a deal regarding the debt ceiling, BTC jumped by over a grand to register a three-week high. The altcoins are also in the green today, with ETH tapping $1,900 for the first time since early May. BTC Shot Up to Local Peaks Bitcoin w...

Bitcoin

May 28

Bitcoin Pizza Day Goes Stale as Pizza-Styled Memecoin Issuers Pull the Rug

by Ryan Nicholson

Floridian programmer and an early Bitcoin miner named Laszlo Hanyecz’s purchase of two pizzas with Bitcoin in 2010 has been etched into history, marking a pivotal moment for cryptocurrency. Since then, Bitcoin Pizza Day is celebrated every year on May 22nd. However, scammers are lurking even...

News

May 28

Do Kwon’s Bail Revoked; Terra Execs to Stay in Jail in Montenegro: Bloomberg

by Ryan Nicholson

The higher courts of Montenegro revoked the two Terra executive's bail after an appeal from the prosecution. Key Takeaways The higher courts of Montenegro annulled the decision of the basic court's decision to release Kwon and Chang-joon on bail. The two Terra executives are to remain in Monte...

Bitcoin

May 28

From Rags to Riches: How an Average Trader Became a Crypto Whale in Just 5 Months

by Ryan Nicholson

On-chain analyst and whale tracker Nova has spotted a profitable average trader that became a whale within five months. The said wallet 0x*************121F760e, who has “nailed” every trade since January, has a record of more than 10,000% realized profit. Nova noted that the whale’s success stemmed...

Bitcoin

May 27

Gemini Will Base European Operations in Dublin, Ireland

by Ryan Nicholson

The regulatory tension in the United States has caused many large crypto-focused companies to look abroad, and Gemini is no exception. The firm led by the Winklevoss twins has managed to secure a license to operate as a Virtual Asset Service Provider in Ireland. The company said it will host...

Bitcoin

May 26

Herencia Artifex, an NFT Project for Artistic Collaboration Across Genres, Sells the First of NFT

by Ryan Nicholson

[PRESS RELEASE – Tokyo, Japan, May 25th, 2023] Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce creative works. The project name “Herencia Artifex” (abbreviated HXA) is Latin for “...

Bitcoin

May 25

New Cryptocurrency Launches with Potential: Ecoterra Raises $4 Million, yPredict Hits $1.5 Million

by Ryan Nicholson

Although the price of Bitcoin continues to move sideways, emerging crypto projects are seeing major success in the market. Recent coin launches have seen four-digit gains and billions of dollars in trading volume. Two new crypto launches worth watching are Ecoterra and yPredict. Let’s take a closer...

News

May 25

Genesis’ Parent Company DCG Missed a $650M Payment to Gemini, 232,000 Earn Users in Limbo

by Ryan Nicholson

Upon not receiving the $650 million, Gemini will file a claim on May 22 for the return of over $1.1 billion of digital assets for its Earn members. Key Takeaways Genesis's parent company Digital Currency Group (DCG) failed to make the $650 million in debt repayment to Gemini. Today, May 22, Gem...

Bitcoin

May 25

The Web3.Conference United Industry’s Brightest Minds in Amsterdam

by Ryan Nicholson

[PRESS RELEASE – Amsterdam, Netherlands, May 24th, 2023] The organizers of The Web3.Conference are celebrating a successful day-long event that brought together the industry’s leading lights. Held in Amsterdam on May 19th, the annual event from the AroundB team discussed hot topics and gathered i...

Bitcoin

May 24

Clear as Mud: CFTC Chair Says Cryptos Are Commodities, Former Commissioner Says They Can be Both

by Ryan Nicholson

Speaking on the Unchained podcast on May 23, Dan Berkowitz muddied the regulatory waters even further by stating that crypto assets can be both commodities and securities. The notion goes against the opinion of Securities and Exchange Commission Chair Gary Gensler who asserts they are all securitie...

News

May 24

Binance Australia Suspends Cash Withdrawals, Loses Banking Partner Due to Compliance Shortcomings

by Ryan Nicholson

Binance Australia reduces fiat usage as third-party platform halts Australian dollar deposit and withdrawals, citing Binance's lack of compliance requirements Key Takeaways Binance Australia suspended PayID and bank deposit deposits and withdrawals for Australian dollars due to third-party pey...

Bitcoin

May 24

BitPay Integrates Brave Wallet Amid ‘Strong Interest’ From Major Retailers, Brands

by Ryan Nicholson

Bitcoin payment service provider – Bitpay – announced the integration of Brave Wallet into its payment protocol allowing crypto wallet users to make payments straight from the privacy browser. According to the official press release shared with CryptoPotato, users of Brave Wallet will be able to sh...

News

May 23

The right to use digital assets to be added to Texas Bill of Rights

by Ryan Nicholson

Alongside gun rights and right to a quick and fair trial, using digital asets will become the “God given right” of Texans. Key Takeaways Texas legislature voted positively to add the right to use digital assets as "a mutually agreed upon medium of exchange" to Texas' Bill of Rights. If contest...

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