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Author: CryptoPress

FTX reboot

FTX Reboot: A Possibility or a Far-Fetched Dream?

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FTX may reopen its crypto exchange operations FTX has recovered $7.3 billion in cash and crypto assets FTX’s token more than doubled in price on the reports of a potential reboot FTX CEO John Ray first floated the idea of a possible reboot in January FTX’s Recovery FTX has recovered $7.3 billion, and the failed exchange could relaunch, lawyers say. “The situation has stabilized, and the dumpster fire is...

Exchanges, Front page, Main, News

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UK Passes Bill Recognizing Crypto as Regulated Financial Activity

UK Passes Bill Recognizing Crypto as Regulated Financial Activity

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The UK has officially passed the Financial Services and Markets Act 2023 The bill recognizes crypto as a regulated financial activity within the country The act received royal assent and was approved by King Charles on Thursday The move places the UK ahead of the US in terms of acceptance UK brings regulations to crypto The Financial Services and Markets Bill (FSMB) received Royal Assent from King Charles on Thursday. The...

Blockchain, Crypto regulation, Cryptocurrencies, Front page, Main, News

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Quai Network - Airdrop

Quai Network Airdrop

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Quai Network, a Layer 1 scalable EVM-compatible network of merge-mined blockchains enabling fast, accessible, and low-cost decentralized finance, is offering a free airdrop of $QUAI tokens to users who engage with their social media platforms. The airdrop is part of Quai Network’s Social Media Rewards Program, which aims to incentivize early community engagement and promote the project to a wider audience. To participate in the...

Airdrop, DeFi

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Jerome Powell

Jerome Powell: Crypto Appears To Have Staying Power As An Asset Class

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Federal Reserve Chair Jerome Powell recently made statements acknowledging the staying power of cryptocurrency as an asset class. During his testimony before lawmakers, Powell stated that “crypto appears to have staying power as an asset class”. He also spoke about stablecoins as a form of money, stressing the need for robust federal regulation on digital assets, including payment stablecoins. Market Reaction The...

Bitcoin, Crypto regulation, Cryptocurrencies, People in crypto

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Blackrock

The Untold Story of BlackRock and Bitcoin

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In a recent Twitter thread by the popular technology and cryptocurrency influencer and popular communicator @Techconcatalina, it was revealed that BlackRock and other major banks have been quietly buying Bitcoin even before an ETF was available. While the SEC was busy accusing Binance and Coinbase, these banks were increasing their exposure to cryptocurrency. 🔸 El sexto banco más grande de Canadá 🇨🇦 COMPRO más de medio millón de...

Bitcoin, Front page, Main, News

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