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Celsius: SEC Darling to Debt Abyss!
Celsius Network, launched in 2017, was a crypto lending platform that adhered to SEC regulations. It enabled users to borrow cryptocurrencies and earn revenue from deposits. The native CEL token facilitated transactions and rewarded liquidity. With $903.8 million in funding, it was a promising venture. Thailand and Singapore Against Crypto Staking and Lending
In a recent development, the Securities and Exchange Commission (SEC) of Thailand has implemented new regulations that require cryptocurrency exchanges and other entities to publicly disclose the potential risks associated with trading cryptocurrencies. PolyNetwork has been breached once again
In a recent crypto hack, the attackers exploited a smart contract function in PolyNetwork’s bridge tool, a cross-chain protocol, resulting in the issuance of billions worth of various tokens. The attackers manipulated the bridge to create tokens that didn’t actually exist on certain networks. Brett Harrison: Today Marks a Turning Point for Crypto Exchanges
Brett Harrison, the former CEO of FTX in the US, is advancing a novel software product for investors under the Architect Financial Technologies initiative. Thanks to ChatGPT's integration, users of Architect can effortlessly follow intricate trading strategies. Slovakia Votes to Lower Crypto Taxes!
The National Council of the Slovak Republic, Slovakia’s parliament, has approved measures to lower taxes on cryptocurrencies and provide additional benefits for cryptocurrency holders. The amendment, passed on June 28, will reduce the personal income tax rate on profits obtained from the sale of cryptocurrencies held for at least one year. OVAL3: Where Fantasy Rugby Takes on New Heights of Ambition
Crypto rewards and NFT collecting are making fantasy sports games even more enticing than their traditional counterparts. The number of offerings providing an immersive digital experience is on the rise. Among them is OVAL3, a unique fantasy rugby platform. How NFT Compatibility is Transforming the Video Game Industry
With their potential surpassing the creation of digital art and collectibles, Non-Fungible Tokens (NFTs) have sparked a revolution in the realm of crypto assets. One significant manifestation of NFT potential is their power to reshape the gaming industry. Is the UK Paving the Way to Become a Global Crypto Hub?
Led by Prime Minister Rishi Sunak, the UK government is on the brink of ushering in comprehensive cryptocurrency legislation. Lisa Cameron, Chair of the Crypto & Digital Assets All-Party Parliamentary Group, foresees the coming generation of Brits leading the charge in the fintech sector. 3AC Co-Founder Plans Unique Recovery Process for Creditors
During a Twitter Spaces event, Kyle Davies, the founder of the bankrupt hedge fund Three Arrows Capital, revealed his plans for a new crypto trading platform called OPNX. Davies expressed his intention to give back to his creditors and explained that the new platform would offer a unique opportunity for early supporters. OECD Countries to Implement the Crypto Asset Reporting Framework
The Organisation for Economic Co-operation and Development (OECD) has introduced to its member nations CARF - an all-encompassing tax regime designed specifically for the crypto sector. It seems that cryptocurrencies are no longer serving as a "silent harbor" for anarchists who prefer not to share their hard-earned money with the government. Best Hosting Providers for Crypto Startups
Web hosting platforms provide a broad range of services for their clients, from creating and maintaining websites to customer support. This allows businesses, legal entities, or startups to operate their websites without needing to hire an IT specialist team. SafePal+SFP: The Dynamic Duo Guarding Your Crypto!
SafePal offers a suite of crypto storage solutions, including the credit-card-sized S1 hardware wallet. With over 3 million users from 196 countries, SafePal combines security with accessibility. Additionally, the SafePal ecosystem includes the SFP token, which can be used for various utilities. WhiteBIT Airdrop Alert: Test WB Network, Seize the Opportunity!
The WB Network testnet was launched in March 2023, and ever since, WhiteBIT has been actively gearing up for the mainnet release. This crucial event for Ukrainian crypto enthusiasts appears to be just on the horizon: the company has disclosed the conditions for the airdrop! German Regulator Denies Crypto Custody License to Binance
The German financial regulator, BaFin, has reportedly denied a crypto custody license to Binance. The decision was reported by Finance Forward, citing sources familiar with the matter. It remains unclear whether the denial was a formal decision or part of ongoing discussions between Binance and BaFin. TradFi Players Launch Their Own Crypto Platforms
Acknowledging the investment risks associated with largely unregulated crypto companies, titans of the traditional finance (TradFi) industry have made the strategic decision to enter the crypto market, launching their own platforms for digital assets. Crypto Regulation and Market Anticipations
The MiCA's ratification has effectively legalized the cryptocurrency market across 27 EU countries. Eight more potential member nations will soon modify their laws to comply with MiCA. This move means the legislation will impact over half a billion people, making it a unique event of unprecedented scale. 


