Cryptocurrency exchange Binance has opted to withdraw its license application in Abu Dhabi, citing a reassessment of its global licensing requirements. The move, as stated by a Binance spokesperson, aligns with the exchange’s strategy to ensure regulatory compliance while...
Jack Dorsey’s Block, now Bitkey, has launched an innovative self-custody bitcoin wallet, challenging traditional wallet norms by eliminating the need for seed phrases. Bitkey introduces a unique 2-of-3 multi-signature mechanism for recovery, offering users enhanced security without...
A positive outlook for Ethereum is emerging for early 2024, according to data from the Deribit derivatives exchange, indicating increased investor confidence in the digital asset’s potential appreciation. The analysis reveals a growing number of outstanding calls compared to puts in...
El Salvador has unveiled its innovative “Freedom VISA” initiative, aiming to attract bitcoin and crypto millionaires to become long-term residents in the country. Launched on Thursday, the program offers residency to a maximum of 1,000 individuals annually who invest a minimum of $1...
In a noteworthy occurrence, over 1,000 bitcoins mined in Bitcoin’s formative years, often denoted as the “Satoshi era,” were recently moved to trading desks and custodian services.
On December 4, an early miner orchestrated the transfer of these bitcoins, originally mined between...
National security officials from the United States, South Korea, and Japan convened in Seoul to address shared concerns regarding North Korea’s cryptocurrency thefts and its utilization of such proceeds to fund weapons of mass destruction (WMD) programs. The trilateral meeting...
Global asset management giant Fidelity engaged in a meeting with the SEC on December 7, outlining details of its proposed spot bitcoin exchange-traded fund (ETF). The SEC’s website reveals that Fidelity submitted a comprehensive presentation titled “Bitcoin ETF Workflows,”...