Business

22 April

Telegram CEO Threatens EU Exit Over Encryption Backdoor Push, Raising Privacy Concerns

Telegram, one of the world’s leading encrypted messaging platforms, has once again found itself at the center of a heated privacy debate. In a bold move that could significantly alter its operations in Europe, Telegram CEO Pavel Durov has issued a stark warning to the European Union (EU), threatening to exit the region over proposed legislation that could mandate the …

22 April

Coinbase CLO Presses SEC for ETH2.0 Docs, Demands Clarity on “Ecosystem” Test

Coinbase’s Chief Legal Officer (CLO), Paul Grewal, has raised significant concerns regarding the SEC’s handling of crucial documentation related to Ethereum 2.0 (ETH2.0) and the ongoing regulatory uncertainty surrounding crypto assets. In a public statement, Grewal pressed the U.S. Securities and Exchange Commission (SEC) to release important ETH2.0-related documents that have been withheld, citing the need for transparency and clarity …

22 April

CFTC Seeks Public Feedback on Crypto-Style 24/7 Derivatives Trading

The U.S. Commodity Futures Trading Commission (CFTC) has announced that it is seeking public input on the potential development of a 24/7 crypto-style derivatives market. This move comes as the CFTC explores the possibilities of allowing round-the-clock trading for cryptocurrency derivatives, a market model that has been successfully implemented in the cryptocurrency space but is yet to gain widespread acceptance …

22 April

Circle, BitGo Race for U.S. Bank Charters, While Anchorage Leads the Way

As the U.S. cryptocurrency landscape continues to evolve, Circle and BitGo, two major players in the digital asset space, are racing to secure U.S. bank charters, a coveted license that could provide them with the regulatory clarity and legitimacy needed to operate at the highest levels of finance. However, as they pursue this ambitious goal, Anchorage, the only current holder …

22 April

Deutsche Bank and Standard Chartered Set Sights on U.S. Crypto Expansion

In a strategic move that highlights the growing mainstream acceptance of cryptocurrency, two of the world’s largest financial institutions—Deutsche Bank and Standard Chartered—are making significant strides towards expanding their presence in the U.S. crypto market. Both banks are positioning themselves to capitalize on the rapid growth of the digital asset space, marking a pivotal moment for the convergence of traditional …

22 April

Paradigm to US SEC: ‘First, Do No Harm’ in Addressing MEV Concerns

In the evolving landscape of cryptocurrency and decentralized finance (DeFi), Miner Extractable Value (MEV) has emerged as a critical topic of discussion. As regulators like the U.S. Securities and Exchange Commission (SEC) begin to examine and regulate the crypto market more closely, one prominent player in the crypto space, Paradigm, has sent a clear message: when addressing MEV, “First, Do …

22 April

Blockchain Fuels $25B Decentralized AGI Revolution, Protecting Innovation From Big Tech

The world of artificial general intelligence (AGI) is on the cusp of a revolution, driven by the innovative capabilities of blockchain technology. With a massive $25 billion investment backing the movement, decentralized AGI has the potential to reshape industries, democratize AI, and, most importantly, shield innovation from the monopolistic control of big tech companies. In recent years, AGI — the …

20 April

Cracks in the Crypto Shield: Bitcoin’s Safe-Haven Image Fades

Once hailed as “digital gold,” Bitcoin’s reputation as a reliable safe-haven asset is facing renewed scrutiny. According to a recent analysis by JPMorgan, the cryptocurrency is showing signs of losing its traditional appeal as a hedge during periods of economic uncertainty. While Bitcoin has often been viewed as a store of value akin to gold — especially in times of …

20 April

Bitcoin’s Roadblock: Triple Resistance Threatens Uptrend

Bitcoin (BTC) is encountering significant headwinds as it approaches three key resistance levels, casting uncertainty over its recent bullish momentum. While optimism has been building around a potential rally, the price action suggests that BTC is struggling to gain traction beyond certain technical thresholds. The Triple Resistance Zones At the core of Bitcoin’s current price struggle lie three major resistance …

20 April

Is Bitcoin Ready to Break Out? Analyst Hints at Major Move Ahead

Bitcoin (BTC) may be on the verge of a significant price movement, according to a growing number of market analysts. After weeks of consolidation and relative price stability, fresh technical indicators and market behavior suggest that a breakout — in either direction — could be imminent. Consolidation Signals a Tipping Point For the past few weeks, Bitcoin has been trading …