Mark Karpelès, who led Mt. Gox during its infamous collapse, is planning to redeem himself by launching a new cryptocurrency exchange, EllipX, aimed at restoring trust in the industry.
Crypto projects such as Babylon are already advertising Bitcoin staking. Until now, interest-bearing staking was only possible with altcoins such as Ethereum (ETH). Layer 2 solutions are now set to pave the way for Bitcoin staking.
Independent Reserve Ensures Elderly Crypto Users Are Safe from Scams with a Dedicated Compliance Team
Some big companies in El Salvador accept Bitcoin, but not many people use it yet. Bukele's government has been criticised internationally for human rights concerns.
The Nigerian Securities and Exchange Commission (SEC) has given the green light to Busha Digital and Quidax Technologies, the first digital asset exchanges in the country. Four digital asset offering platforms and one custodian have also been approved to test their technology. The SEC has warned the public to avoid dealing with unauthorised entities and advised investors to check the legitimacy of service providers on its official portals.
Massive Withdrawals Following Allegations and Freezing of Palestinian User Assets
Coinflip has just launched its digital currency kiosks, or ATMs, in Mexico. This is the company's second expansion in North America. This is the latest step in the company's growth, following its entry into the Canadian market in 2022.
PayPal USD (PYUSD) Reaches $1 Billion Market Cap in Record Time Over the weekend, PayPal USD (PYUSD) achieved a significant milestone by reaching a market cap of $1 billion just 383 days after its launch. This rapid ascent marks PYUSD as one of the fastest-growing stablecoins in the cryptocurrency market, highlighting its increasing acceptance and adoption among users.
The new Soneium project is a layer 2 network on the Ethereum blockchain using Optimism's OP stack.
After an employee complained, a court in Dubai made cryptocurrencies an official form of payment, even though the coins don't have a fixed value.
Rising Interest in Turkey's Crypto Market: Coinbase and KuCoin Join the Race for Licenses
Chainlink could be a big player in the fast-growing tokenisation market, which includes things like investment funds, bonds, ETFs, loans, securitised assets and alternative investments. With its Cross Chain Interoperability Protocol, Chainlink still has something special to offer.
