The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently announced its decision to impose sanctions on 13 entities and two individuals operating in the financial services and technology sectors of the Russian economy. These sanctions target companies that develop or offer services in virtual assets that facilitate the evasion of US
Ethereum (ETH) finds itself at a critical juncture as it sets its sights on reaching the $4,000 price mark. While the digital asset is on a quest for new all-time highs, it is also facing a significant challenge in the form of scrutiny from the US Securities and Exchange Commission (SEC). Despite the looming regulatory
The collaboration between Avalanche, Alipay+ D-store, and e-wallet partners is set to revolutionize the voucher program landscape in Southeast Asia. By offering up to 50% discounts on milk teas from popular brands, this initiative goes beyond traditional paper vouchers and embraces Web3 technology to enhance user engagement and accessibility. With plans to expand to over
CommEX, the crypto exchange that had taken over Binance’s operations in Russia, has announced its decision to cease operations in the country. The transition process will begin on March 25, with the exchange gradually winding down its services. This decision comes after Binance’s initial announcement in September 2023 that it would be exiting Russia within
In the latest hype surrounding meme coins, SOLGraph, a Graph token spin-off, has captured the attention of investors with its rapid price increase. While SOLGraph stands out due to its actual utility, serving as the settlement layer for a new SocialFi project, its recent price action has been volatile. With the current market price of
Bitcoin’s price has recently encountered support around the significant $60K price level, signaling the beginning of a period of sideways consolidation correction. Despite this correction, buyers are setting their sights on reclaiming the $73K threshold in the mid-term, with hopes of propelling the price towards a new all-time high. A closer examination of the daily
Bitcoin expert, Doctor Profit, has recently shed light on the regions that are crucial for the future of Bitcoin. His analysis points towards a potential surge in the price of the crypto asset, reaching unprecedented levels in a short period of time. Despite concerns within the cryptocurrency community regarding Bitcoin’s recent performance, Doctor Profit’s insights
In a recent announcement, crypto exchange Binance stated that it would no longer support Tron network-based USD Coin (USDC) stablecoins after April 5. This decision comes on the heels of news that Circle is withdrawing from the Tron blockchain entirely. Binance users now have less than two weeks to withdraw their assets or convert them
Recent reports confirmed that Nadeem Anjarwalla, a Binance executive who was detained by Nigerian authorities, has managed to escape custody. His abrupt disappearance has sparked concerns over the safety of employees and the ongoing collaboration between Binance and Nigerian officials to resolve the issue. Meanwhile, Tigran Gambaryan, another detained executive, remains in the custody of
Bitcoin, the ever-enigmatic digital currency, has analysts locked in a heated debate about its 2024 price trajectory. Will it soar to new heights, fueled by institutional adoption and mainstream acceptance, or will it face a reality check and revisit recent lows? The optimists, led by the prominent crypto analyst Cryptoyoddha, paint a picture of a
