Author: CryptoHoppers
Global blockchain intelligence platform Chainalysis launches Asia Southern Europe MEA headquarters from UAE
Chainalysis, the blockchain intelligence platform, has launched its headquarters for Southern Europe, Middle East, Central Asia, and Africa in Dubai. The company aims to recruit skilled professionals specializing in traditional finance, regulatory compliance, and Web3.0 technologies to operate from its Dubai headquarters. As per the press release, this move follows three years of exponential growth in the region for the company, as it has established itself as the leading provider of crypto investigation, Web3 growth, and crypto risk solutions to government and private sector entities. Chainalysis provides data, software, services, and research to government agencies, virtual assetservice providers, financial institutions,…
FTX’s new compensation plan faces opposition as creditors demand repayments based on current asset values, not bankruptcy figures. The post FTX creditors seek repayments at current market rates appeared first on Crypto Briefing. Source link
Standard Chartered Bank predicts that a second term for the Trump administration would create a favorable regulatory landscape, leading to a positive outlook for the crypto sector. The bank has revised its forecast citing improved market sentiment after cautioning that bitcoin’s price could drop to the $50K range. Standard Chartered on Trump and Crypto Standard […] Source link
MoonPay, a web3 fintech firm, and BitPay, a crypto payments platform, have teamed up to simplify crypto transactions, aiming to make the process smoother. MoonPay announced via social media that the partnership would enable easier and faster crypto sales, streamlining how users transfer cryptocurrency to their bank account or debit card. The integration aims to simplify the digital finance landscape and provide accessible payment solutions, potentially helping crypto users navigate and transact more efficiently. BitPay expanded its platform in January by supporting a wider range of cryptocurrencies, like Uniswap (UNI), Chainlink (LINK), and BNB. This allowed customers to use digital…
Kaspa (KAS) Sets Out to Become the Fastest Blockchain: Why is This Project Running Hot
After a few years, Kaspa (KAS) finally started trending on social media and building up a wide community. In 2024, Kaspa is an outlier project, and new buyers are focusing on meme tokens, ordinals, and other complex assets. Instead, Kaspa wants to take things back to basics by creating a new basic blockchain with extremely high transaction capacity. Kaspa is unique because it uses a Directed Acyclic Graph (DAG) technology, where every user acts as a node and shares transactions. This is not the first time that a DAG or graph-based blockchain architecture has appeared. Already functioning projects include Nano…
Cryptocurrencies have firmly entrenched themselves in the global financial arena, drawing even institutional investors. As the trend favours crypto growth, some concerns do trouble crypto investors and traders, particularly concerns about market manipulation. Addressing the concern of cryptocurrency market manipulation is pivotal for the future of cryptocurrencies. To combat it, we must first comprehend its nature and implications, including psychological aspects. Let’s delve into understanding market manipulation comprehensively, as it holds significant sway over the trajectory of cryptos. Are you ready to explore this interesting topic of crypto manipulation in depth?1. Crypto Market Manipulation: What You Should Know Cryptocurrency manipulation involves…
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it is “an outsized piece of the scams […] Source link
The administrator of Shiba Inu’s Shibarium Tech’s Discord and Telegram channels is up in arms against the lies being spread regarding their pledge towards the auto-burn function to be introduced. He sincerely feels all this is taking the focus away from furthering Shaibarium, which is the ecosystem’s Layer 2 upgradability service. His comments went viral via Shib Army OGs and only increased with time amongst the community members. In his words, many people asked when Sibarium was and asked where they were. This signified a sense of positivity on his part. Additionally, the administrator divulged that in March, an extremely…
Kenya taps US Bitcoin mining giant Marathon Digital for crypto regime and mining consultation
Share this article Kenya’s President William Ruto has appointed Marathon Digital, a prominent US Bitcoin mining firm, to provide consultancy services on the nation’s crypto policies and the energy requirements associated with crypto mining, according to Kenyan Wall Street, a local digital-first media house that focuses on business and finance.With this appointment, Marathon Digital and Kenya’s National Treasury and Ministry of Energy will collaborate and discuss the energy needs for crypto mining, President Ruto announced the partnership at a meeting with American investors in Nairobi last week.Additionally, the US mining leader will support the government in developing a framework for…
Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally, they highlighted the market’s strength, citing significant inflows into spot bitcoin exchange-traded funds (ETFs) and encouraging signs for increased corporate […] Source link