South Korea is gearing up to implement rigorous regulations on digital asset trading with the introduction of the Virtual Asset User Protection Act and the Virtual Asset Industry Supervision Regulations, slated for enforcement on July 19. The Financial Service Commission (FSC) revealed the enactment date following a legislative notice issued on January 22. The primary…

A well-known cryptocurrency analyst predicts that Bitcoin (BTC) might kick off its pre-halving rally in the upcoming week. Rekt Capital, an analyst with a large following of 395,800 on the social media platform X, suggests that Bitcoin is on the verge of entering its pre-halving rally phase, drawing insights from historical patterns. The halving event,…

Binance, one of the largest cryptocurrency exchanges globally, recently made headlines by delisting Monero (XMR), a well-known digital currency prized for its emphasis on privacy. This decision sparked a notable decline in the price of Monero and a significant decrease in trading activity following the announcement. In response to the delisting, the Monero community moved…

Binance has initiated a bounty program, offering rewards of up to $5 million for credible information that could unveil any misconduct among its staff members. This decision came in response to allegations of insider trading, particularly concerning the process for new token listings. The listing of the Ronin token (RON) on Binance on February 5…

Aragon (ANT), Multichain (MULTI), Vai (VAI), and Monero (XMR) are set to be delisted from Binance following a thorough evaluation conducted periodically by the exchange to ensure compliance with its stringent criteria. The decision to remove these assets hinges on various factors, including the project team’s dedication, development activity level and quality, transaction volume and…

In a notable occurrence that has captured the attention of the cryptocurrency community, a considerable transfer of Ripple (XRP) tokens was recently witnessed on the Bitstamp exchange. This movement, orchestrated by a whale investor, involved the relocation of a substantial quantity of XRP assets, triggering widespread speculation regarding the future trajectory of this particular cryptocurrency…

The Shiba Inu ecosystem is currently undergoing significant expansion, propelled by its continuous development efforts and the introduction of innovative features. Lucie, a prominent figure in Shiba Inu’s marketing team, recently made an exciting announcement on X (formerly Twitter), unveiling the comprehensive roadmap for ongoing projects within the ecosystem. This disclosure came following a productive…

The Spanish Ministry of Finance, led by María Jesús Montero, is actively pursuing legislative reforms aimed at strengthening control over cryptocurrency monitoring. Key amendments to Article 162 of the General Tax Law are underway, empowering the Spanish Tax Agency to identify and seize digital assets from taxpayers with outstanding debts. A recent royal decree, effective…

Shibarium, the layer 2 scaling solution developed for the Shiba Inu cryptocurrency, has achieved a significant milestone by surpassing three million blocks. Designed to enhance transaction efficiency and scalability within the Shiba Inu ecosystem, Shibarium now boasts over 334 million transactions and 1.35 million wallet addresses. With a speedy average block time of 5 seconds…

  Charles Hoskinson, the founder of Cardano, raised doubts about the feasibility of Bitcoin Layer 2 (L2) developments in a recent post on X. His comments diverged from the discussions at the Satoshi Roundtable event in Dubai, where the potential benefits of Bitcoin L2 solutions were explored. Muneeb Ali, co-creator of the Stacks protocol, shared…