Meanwhile, Europe is preparing to crack down on privacy coins. In 2027, privacy coins such as Monero (XMR), Zcash (ZEC), and Dash (DASH) will be subject to a higher level of review. The new anti-money laundering (AML) regulations will make it illegal for banks and crypto service providers to facilitate...
European Union authorities are moving toward stricter regulations on crypto assets, with a proposed ban on privacy tokens slated for 2027. The EUCI handbook describes a ban on anonymous crypto-asset accounts. More specifically, it places the spotlight on self-custody addresses controlled by credit and financial institutions, as well as crypto-asset...
The European Union is on the verge of implementing a landmark regulatory structure that would drastically reshape the state of play for crypto assets. To further combat tech-enabled illicit financing, starting July 1, 2027, the EU will prohibit privacy coins and anonymous crypto wallets. Indeed, this is one of the...
The European Union is about to launch the Anti-Money Laundering Regulation (AMLR). This multilayered international framework intends to make it difficult for bad actors to launder money and finance terrorism. With this agreement, these institutions will be prohibited from holding anonymous accounts by this regulation crypto asset service providers (CASPs)....
Riding high on the success of “Dogecoin Mania BabyDoge came into the limelight, promising to take you to the moon! Now, of course, it has blown past those new all-time highs in December 2024! Such a rapid increase goes to show just how strong this token truly is and the...
Charles Hoskinson, Ethereum co-founder and later creator of Cardano, has made significant waves as an industry figure. Hoskinson’s exit from the project was bitter, characterized by infighting and disagreement over the eventual direction of Ethereum. Things came to a head when the contentiousness ultimately compelled Vitalik Buterin to fire Hoskinson...
Blockstream Wallet is a simple cryptocurrency app developed by Blockstream. As a non-custodial solution, it enables users to conveniently manage their crypto assets and obtain complete control over their funds. Released in 2019 as Blockstream Green, its ancestor is GreenAddress Wallet, which launched in 2016. Compatible with over 60 blockchains,...
A retired American, 77, has become the target of one of the record Bitcoin heists worth $330.7 million US dollars. The attacker used sophisticated social engineering techniques to infiltrate the victim’s cryptocurrency wallet. On April 30, onchain investigator ZachXBT u605 via Twitter reported a whopper. It’s currently the fifth-largest crypto...
Monero (XMR), a leading cryptocurrency that focuses heavily on privacy, saw its price explode over the weekend, peaking at $317 on Sunday. A suspected widespread cyberattack on government institutions drove this increase. Roughly $330 million worth of Bitcoin was exchanged for Monero. The event stands as the largest single-day movement...
This is especially true given that Monero, a well-known privacy-focused cryptocurrency, just had a powerful market run up its value by over $1.5 billion in a day. Thanks to the surge, the price reached $329, marking a yearly high since 2021. In fact, within the first 24 hours, it had...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
AI tools such as Grok are quickly becoming indispensable tools for crypto traders. They serve as a guide for traders to understand the volatility and nuances of the market. These platforms help traders cut through the noise, gain early sentiment alerts, and make informed decisions faster in the 24/7 world...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...