“`html Exciting News for UK Bank Customers: Your Deposit Protection is About to Get a Boost! Great news is on the horizon! Customers of UK banks and building societies will soon enjoy a significant increase in their deposit protection limits. Regulators have confirmed that the Financial Services Compensation Scheme (FSCS) will be raising the deposit limit from £85,000 to a whopping £120,000! This fantastic update, announced by the Prudential Regulation Authority (PRA), is the largest increase since 2017 and is based on the latest inflation data and feedback from the industry. The new limit will kick in this December, and…
Autore: wsjcrypto
“`html Canaan’s shares soared on Tuesday after the company revealed that their third-quarter revenues have doubled compared to last year. This impressive jump was fueled by a surge in demand for their Bitcoin mining hardware, as many miners reported a boost in earnings.Canaan announced that their total Q3 revenues skyrocketed by 104% from last year to hit $150.5 million. This surge was largely attributed to a “substantial volume of new orders,” with mining equipment sales accounting for a whopping $118.6 million.During the company’s earnings call, James Jin Cheng, the CFO, shared that a significant chunk of their sales came from…
“`html Exciting news from the US Office of the Comptroller of the Currency (OCC)! They’ve just issued fresh guidance telling banks they can now hold certain cryptocurrencies to pay network gas fees!In a notice released on Tuesday, the OCC shared that US banks are officially allowed to hold crypto on their balance sheets for covering gas fees, as long as the transactions are for approved activities. The OCC explained that an authorized national bank “may hold amounts of crypto-assets as principal necessary for testing otherwise permissible crypto-asset-related platforms.”However, they also emphasized, “Just like any activity, national banks must engage in…
“`html I just wrapped up my third trip to El Salvador in a year, and wow, what a difference! The country is truly changing — not just on the surface, but deep down in how folks are living, thinking, and dreaming about their future. A pivotal moment for me was at the end of the week during a private dinner with President Nayib Bukele, and I couldn’t feel luckier to have been part of it. I’ve been following his journey for a while now. I’ve even interviewed nine Salvadorans and expats on my podcast, along with merchants, builders, grassroots organizers,…
“`html Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Quick Facts: 1️⃣ Kazakhstan is setting the stage for clearer crypto regulations, making it easier for mining and digital assets to thrive. 2️⃣ Crypto assets can now flow freely across Kazakhstan, moving beyond just the Astana International Financial Center (AIFC). 3️⃣ PEPENODE has introduced a hardware-free mine-to-earn model, letting everyday users score mining rewards through virtual nodes instead of heavy rigs. The crypto scene in Kazakhstan is evolving! With recent updates, the regulations for digital-asset mining and exchanges are becoming clearer, making it more welcoming for…
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“`html Disclaimer: The blog you’re about to read is a proposal from the Account Abstraction team. This content may not reflect everyone’s views, and the EF includes a vibrant mix of opinions that strengthen Ethereum as a whole. Since Ethereum’s inception, its vision has been nothing short of amazing: a global, permissionless, and censorship-resistant computing platform. Fast forward to today, and that vision is more alive than ever! Ethereum has embraced rollups, making blockspace plentiful and transactions super affordable. The focus now is not just on throughput but also on providing a seamless user experience across the multichain landscape. What…
UK’s Competition and Markets Authority (CMA) Takes Action Against Eight Companies for Online Pricing Concerns! Exciting news! Eight companies are now facing a formal investigation by the CMA due to worries about their online pricing strategies. This marks the regulator’s first major move using its new consumer protection powers. The companies under scrutiny include StubHub, Viagogo, AA Driving School, BSM Driving School, Gold’s Gym, Wayfair, Appliances Direct, and Marks Electrical. They’re being looked at as part of a thorough review of how businesses present their online prices. Plus, the CMA is reaching out to around 100 more companies to alert…
“`html Exciting news for Dogecoin lovers! A cup and handle pattern has popped back up on the charts, hinting at a potential recovery trend. Crypto analyst Melikatrader shared insights on TradingView, suggesting that there might be a reversal on the horizon for Dogecoin. His analysis breaks down how this formation came about and what it could mean for the price of our favorite meme coin as a new trading week kicks off in a rather gloomy market. Get to Know the Dogecoin Macro Cup and Handle Pattern What’s fascinating is that this macro cup and handle pattern didn’t just show…
“`html The Digital Chamber, a passionate advocate for crypto, has just kicked off an exciting new initiative called the State Network! This program aims to promote digital asset policies across the U.S. and educate lawmakers ahead of the 2026 midterm elections.What’s it all about? The State Network intends to create a friendly, collaborative community that connects policymakers, regulators, and industry experts who are eager to boost blockchain adoption in America. The Digital Chamber announced this fantastic initiative on Monday.Some of the first members joining this network include Strategy, founded by Michael Saylor, Hedera, a proof-of-stake public ledger, and Input Output,…