Crypto

Dubai Regulator Tells MEXC and KuCoin to Halt Unlicensed Crypto Operations

Dubai's financial regulator has issued warnings to crypto exchanges MEXC and KuCoin, demanding they stop unlicensed activities in the emirate. This move follows increased scrutiny on regional exchanges, particularly due to concerns that they may be facilitating Iran in evading U.S. sanctions. The regulator’s action comes amid a broader initiative to ensure compliance among crypto platforms operating in Dubai. Authorities are being vigilant in monitoring the activities of exchanges to prevent illegal financial transactions. As a result, exchanges are urged to adhere to licensing requirements to operate legally in the region.

Crypto

LayerZero's TVL Drops by $2B After Security Exploit - What's Next for the Protocol?

LayerZero has experienced a significant setback as protocols with a combined Total Value Locked (TVL) of $2 billion have exited the platform following a recent security breach. This departure includes notable protocols such as Kelp, Solvprotocol, and Re, raising concerns about LayerZero's ability to regain trust and rebuild

Uniswap TVL Surges to $3.59B; Can UNI Maintain Momentum Above $3.90?

Uniswap's total value locked (TVL) has reached $3.59 billion, driving a notable rally in its UNI token. The increase in on-chain activity is contributing to this bullish trend, suggesting heightened interest among investors. Despite the gains, liquidity risks loom, prompting caution amid the optimism. Analysts are now

Bitcoin Miners Offload 32K BTC in Q1, Testing Bull Market Resilience

In the first quarter, Bitcoin miners sold 32,000 BTC, significantly impacting market dynamics as dormant supply returned to circulation. This surge in selling coincided with heightened trading activity, with buyers and sellers clashing around the critical $80,000 price level. Market analysts are questioning whether bullish sentiment can withstand

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