DeFi News

Indian authorities are actively working to bring all cryptocurrency exchanges operating in India under stringent Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) guidelines to enhance compliance and oversight in the burgeoning digital asset market. The Indian government’s Financial…

The British arm of Interactive Brokers, known as Interactive Brokers U.K. Limited (IBUK), has launched cryptocurrency trading for its clients. According to a press release on Businesswire, IBUK’s investors and financial advisors can start trading Bitcoin (BTC), Ethereum (ETH), Litecoin…

Several officers from the Indian Crime Branch, including an Inspector General of Police (IGP), are being probed by a Special Investigation Team (SIT) in connection with a Bitcoin scam. The SIT has issued a notice to Inspector General of Police…

As the US Securities and Exchange Commission (SEC) amplifies its grip on the cryptocurrency sector, the atmosphere within the industry is charged with concern and a pressing call for clarity in regulations.  This regulatory vigor is not merely reshaping compliance landscapes but…

Cryptocurrency exchange Coinbase said in an X post it has restored some of its services following an outage that disrupted trading on its website and mobile app. In an X post on May 14, the US-based crypto exchange Coinbase said…

Bitcoin (BTC) has gained bullish momentum amid declining whale activity while an analyst expects a downfall to the $52,000 mark could be possible. BTC is up by 3.5% in the past 24 hours and is trading at $63,170 at the…

The global cryptocurrency market is witnessing correction with some investors shifting focus to stablecoins.  According to data provided by CoinGecko, the total crypto market cap slipped by 04% in the past 24 hours — falling from $2.38 trillion to $2.34.…

Activity on Bitcoin’s Rune protocol has dropped significantly, with data showing it reached its lowest level on May 11.  The Runes protocol has been making waves in the crypto space since its launch on April 19, coinciding with the latest…

Bitcoin's vast potential has been dormant until now, but with Runes, BTC is ready to realize all these possibilities.

Turbo (TURBO), an AI-generated memecoin, has surged 40% in the past 24 hours amid a trending status in the United States. At the time of writing, TURBO was trading at $0.001105, marking over 100% rise over the past week. The…

As traders and investors seek gains, this year’s Solana rebirth has buoyed SOL-native exchanges to the forefront of defi activity.

Asset management firm Franklin Templeton sees growing potential in Solana to cement itself as the third-largest cryptocurrency in the market. The asset manager with over $1.5 trillion in assets under management (AUM) took to X on May 2 to praise…

The Philippine Securities and Exchange Commission (SEC) is looking to introduce a regulatory framework for cryptocurrencies in the second half of 2024. According to a local report, SEC chair Emilio B. Aquino said the guidelines would aim to regulate cryptocurrency trading in…

The United States Department of Justice (DoJ) has arrested Maximilien de Hoop Cartier, a successor to the French luxury brand Cartier, over money laundering charges using cryptocurrency.  Per a May 2 indictment, the accused has been charged with drug trafficking…

The native token of the Render Network, RNDR, gained bullish momentum over the past week after touching a local bottom of $7. RNDR is up by 9% in the past 24 hours and is trading at $10.02 at the time…

One of the most significant impacts of daily-use web3 payments in developing countries lies in revolutionizing the way money transfers work on macro and micro scales.