Blockchain Intelligence Firm Exposes Rampant Insider Trading in Crypto Market
Insider trading has become prevalent in the crypto market, particularly before new ERC-20 tokens are listed on centralized exchanges (CEXs), according to a report by blockchain intelligence firm Solidus Labs. The report, published recently, highlights suspicious transactions that occurred prior to major CEX listings of ERC-20 tokens in 56% of cases, based on data analyzed […]
Survey Highlights the Need for Simplicity in DeFi for Wider Adoption, Uniswap Finds
A recent survey conducted by the team behind Uniswap, a leading decentralized exchange (DEX), has indicated that decentralized finance (DeFi) protocols need to be simplified to facilitate broader adoption. The survey results were summarized in a report, which emphasized that DeFi represents a simpler and more accessible technology stack for financial markets. Uniswap described DeFi […]
UK Government Seeks Public Input on Tax Revisions for DeFi Lending and Staking Activities
The UK government is considering tax revisions for decentralized finance (DeFi) lending and staking activities, according to a consultation document released by the government. The aim of the consultation is to gather public opinions and insights on tax modifications related to DeFi transactions, with a focus on aligning taxation with the underlying economic substance of […]
Hong Kong SFC Chief Affirms Importance of Crypto Trading in Virtual Asset Ecosystem
Julia Leung Fung-yee, CEO of the Securities and Futures Commission (SFC) of Hong Kong, recently emphasized the significance of cryptocurrency trading within the virtual asset ecosystem. In her speech, Leung acknowledged the importance of crypto trading and welcomed the application of related technologies in financial services. She also highlighted Hong Kong’s adoption of Web3 regulation […]
South Korean Court Rules Bitcoin ‘Not Money’ and Exempts Crypto from Interest Rate Regulations
The recent ruling by a South Korean court declaring that “Bitcoin is not money” and that interest rate rules do not apply to cryptoassets has significant implications for the legal and regulatory framework surrounding cryptocurrencies. The ruling was made in a case involving two unnamed firms, where one firm borrowed Bitcoin from the other and […]
France’s Markets Watchdog Advocates Global Regulations for DeFi
France’s Autorité des Marchés Financiers (AMF), the markets watchdog, has voiced its support for globally coordinated and transparent regulations in the decentralized finance (DeFi) sector. The AMF aims to protect users and foster the growth of this innovative industry. In a recent publication, the AMF outlined its initial perspectives on DeFi, offering a definition of […]
Exploring the Pros and Cons of Trading Bots: Boosting Efficiency and Risks
Trading bots have revolutionized the financial markets, providing automated solutions for traders and investors. These computer programs utilize predefined algorithms to execute trades, offering potential advantages such as increased speed, reduced emotions, and enhanced efficiency. However, like any tool, trading bots come with their own set of pros and cons. In this article, we will […]
Exploring the 7 Advantages of Cryptocurrency
Cryptocurrencies have emerged as a revolutionary digital asset class, transforming the way we perceive and engage in financial transactions. As decentralized and secure digital currencies, cryptocurrencies offer numerous advantages over traditional fiat currencies and payment systems. In this article, we will delve into seven key advantages of cryptocurrencies that have contributed to their growing popularity […]
Tips for Choosing the Best Crypto Signal Service
Cryptocurrency trading can be a complex and volatile endeavor, requiring investors to make timely and informed decisions. Many traders turn to crypto signal services to gain valuable insights and recommendations to enhance their trading strategies. However, with numerous providers available, selecting the best crypto signal service can be challenging. In this article, we will outline […]
Byte Power X Australia: The Premier Destination for Authentic Bitcoin Trading
As the demand for Bitcoin trading continues to surge, finding a reliable and trustworthy platform becomes paramount for individuals seeking to enter the cryptocurrency market. Byte Power X Australia has emerged as the go-to option for those looking to engage in real Bitcoin trade. With its robust infrastructure, commitment to security, and exceptional user experience, […]