Cryptocurrency news
NFTs backed by real-world items: The new gold standard in AI-based gaming?
Real-world items are increasingly being tied to nonfungible tokens — and it’s a trend that’s set to shake up the world of gaming. The NFT market is continually evolving — and there’s one intriguing trend that’s enhancing their utility even further: tying digital assets to real-w...
$27 trillion AUM is perched over Bitcoin and crypto: CoinShares CSO
The top eight financial institutions with an interest in Bitcoin and crypto have a whopping $27 trillion in combined assets under management. There is at least $27 trillion of assets managed by major U.S. financial institutions that are also “actively” seeking to provide clients...
Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation. A renewed call from the Financial Action Task Force has asked countries to implement the “Travel Rule” to combat money lau...
Rising institutional interest is a 'bullish' sign for crypto: SEBA Bank exec
SEBA Bank exec Nasha Afshar believes that the question of institutions getting into crypto has shifted from "if" to "when," indicating growing confidence in the industry. As more institutions go from only showing their interest in the crypto space into actually investing in Web3...
Starknet moves closer to EVM compatibility with upcoming ‘Kakarot’ testnet
With fresh funding under its belt, Starknet will launch a new testnet zkEVM in August that allows developers to write in any EVM-compatible language on Starknet. Starknet, a zero-knowledge layer-2 scaling solution for Ethereum, is one step closer to becoming fully Ethereum Virtu...
Binance Netherlands exit - Dutch Central Bank says registration failings are confidential
De Nedelandsche Bank is unable to share details of Binance’s registration failings in the country due to confidentiality requirements of its supervisory laws. The details behind Binance’s failed efforts to register for a virtual asset service provider (VASP) license in the Nethe...
Why is Bitcoin price up today?
Bitcoin price rallied over $28,000 as investors’ excitement over BlackRock and Fidelity Investments applying for spot BTC ETFs fuels dreams of a BTC price recovery.Bitcoin BTC $28,837 price is up on June 20, reaching a 14-day high at $28,103. The fresh upside from BTC comes...
Twitter suspends memecoin-linked AI bot after Elon Musk’s ‘scam crypto’ claim
“Explain This Bob,“ the popular AI-powered Twitter account also linked to a memecoin, was suspended shortly after Elon Musk called it a “scam.” Twitter has suspended the account of the popular memecoin-linked artificial intelligence-powered bot “Explain This Bob” after Elon Musk...
Binance is leaving the Dutch market: Here’s when
Crypto exchange Binance announced its departure from the Netherlands, with users asked to withdraw their funds as soon as possible. Global cryptocurrency exchange Binance has terminated its services in the Netherlands, exiting the Dutch market after a failed bid to obtain a virt...
Why is the BNB price up today?
BNB’s price has rebounded more than 10% from its six-month low of $220 as short traders were squeezed alongside rising open interest. The price of BNB was up over 3% on June 14, in part due to bearish traders opening more BNB-tied contracts despite suffering losses via liquidati...