2024 in review: The UAE crypto legal chronicles

2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules.

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Just In: US PCE Inflation Rises to 2.4%, Crypto Market Braces for Impact

US economic data for November 2024 showed steady growth in key metrics, with the PCE inflation index increased by 0.1% month-over-month and 2.4% year-over-year. Excluding food and energy, the core PCE index rose by 0.1% monthly and 2.8% annually.

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Crypto Custody Firm Copper Withdraws UK License Application

Copper Technologies, a company supported by Barclays, has decided to pull out of its application for a UK crypto license due to increased scrutiny from the Financial Conduct Authority (FCA). Instead, the company will focus on expanding its operations in the US, Europe, and the Middle East. The post Crypto Custody Firm Copper Withdraws UK […]

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Singapore, Hong Kong Lead the Blockchain Revolution, Not US

A new report has ranked Singapore as the top country in blockchain and crypto technology.

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Craig Wright Receives One-Year Suspended Sentence for Defying Court Orders

Wright initiated over $1.2 trillion worth of lawsuits in October, violating a prior ruling and repeating his claim of being Nakamoto.

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Bloodbath: Crypto traders lose $1.4 billion in 24 hours of massive liquidations

The cryptocurrency market was hit by a huge shakeout on December 20, the last Friday before the Christmas holidays. Crypto traders have lost over $1.4 billion for position liquidations in the last 24 hours, causing a trading bloodbath.

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CoinGecko Analyst Discusses Top Performing Crypto Narratives of 2024

CoinGecko research analyst Shaun Lee highlights the success of AI-enabled crypto projects and the unprecedented growth of certain meme coins.

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Ledger Users Targeted in New Data Breach Phishing Campaign

Users of the Ledger series of hardware wallets are being targeted as part of a widespread phishing campaign that takes advantage of earlier data leaks. Some users have received emails alerting them to a data breach that could have exposed their seed phrases to attackers.

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Crypto market crashes as $310 billion exits total market cap

The cryptocurrency market has taken a severe beating today, with a staggering $310 billion wiped out in just 24 hours.

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