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Ripple’s XRP Is Not a Security in Its Current Form, says Cardano Founder Charles Hoskinson
cryptocurrency

Ripple’s XRP Is Not a Security in Its Current Form, says Cardano Founder Charles Hoskinson

Cardano creator Charles Hoskinson mulls over XRP and says that it is decentralized enough today for it to not be classified as a security.

Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500
cryptocurrency

Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500

As many cryptocurrencies have undergone a bull run on the back of Coinbase’s direct listing, Ripple Chief Technology Officer David Schwartz has remarked that investors should liquidate some of their cryptocurrency holdings, particularly if they have a sizeable amount.

Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed
cryptocurrency

Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed

Following its quarterly burn, the Binance (BNB) Chain has successfully eliminated $548 million worth of BNB; however, the market remains unaffected.

Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
cryptocurrency

Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms

The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.

Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval
cryptocurrency

Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval

The proposal to revive the troubled Terra network as Terra 2.0 got the green light from the community. Nevertheless, the controversial algorithmic UST stablecoin will not be part of the rebirth.

South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020
cryptocurrency

South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020

The South African Reserve Bank (SARB) is planning on introducing new regulations on cryptocurrency, which according to Kuben Naidoo, SARB deputy governor, will be fully implemented and enforced in the first quarter of 2020 and it brings to an end a deliberation that started since 2014.

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold
cryptocurrency

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold

Michael Saylor says that Bitcoin is digital gold and explains his choice in diversifying his company’s investment portfolio with BTC over gold.

Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest
cryptocurrency

Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest

Yat Siu of Animoca Brands predicts profitable outcomes in 2024 due to increased Bitcoin interest among mainstream institutions.

ECB President Christine Lagarde Says Crypto is "Worth Nothing"
cryptocurrency

ECB President Christine Lagarde Says Crypto is "Worth Nothing"

Christine Lagarde, the President of the European Central Bank (ECB) has re-emphasized her dislike for the digital currency ecosystem, noting that the nascent asset class is highly speculative, risky, and worth nothing

Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations
cryptocurrency

Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations

A survey conducted by UBS investment bank shows that central banks do not expect a cryptocurrency to replace gold as a digital reserve asset.

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption
cryptocurrency

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuela’s president, Nicolas Maduro has announced a new campaign aiming to help the medical staff in his nation by airdropping one Petro to each actively working doctor amid the coronavirus pandemic.

Nucripto Achieves 1M Users in One Month
cryptocurrency

Nucripto Achieves 1M Users in One Month

Nubank's crypto exchange subsidiary Nucripto reached 1 million users in just one month. It offers services to sell, purchase, and hold custody of cryptocurrencies.

Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin
cryptocurrency

Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin

The US has charged two Chinese intelligence officers with obstruction of justice for bribing a US government employee with $61,0000 in Bitcoin.

Coinbase Going Public Might Not Benefit Cryptocurrency Market After All
cryptocurrency

Coinbase Going Public Might Not Benefit Cryptocurrency Market After All

Coinbase has allegedly started moving towards a stock market listing that could reportedly occur as early as this year—but would that necessarily enhance exposure for mainstream investors to the crypto market?

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash
cryptocurrency

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

North Korea's Lazarus Group has reportedly resumed laundering stolen cryptocurrency through Tornado Cash, circumventing international sanctions.

Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)
cryptocurrency

Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)

With most coins trading in the negative, here is a look into the three coins with the biggest weekly losses.

May 20: Be patient, some breakouts take time
cryptocurrency

May 20: Be patient, some breakouts take time

BTC's open interest is holding steady while volume for the past few sessions has been slightly lower than the last two week's average that it feels to me we are likely to head into somewhat of a short-term inflection point where we make a decisive break to the up or downside. Just look at the doji candlestick closed yesterday, so here are two scenarios how I think what can pan out over the next few days:

Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection
cryptocurrency

Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection

ARK Invest CEO Cathie Wood reports a shift from traditional gold investments to Bitcoin, driven by spot Bitcoin ETFs and its increasing 'risk-off' role, especially during economic uncertainties like the regional bank crisis.

Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
cryptocurrency

Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens

Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?
cryptocurrency

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex. 

McAfee's Ghostcoin Gets Backing as Payment in Hong Kong
cryptocurrency

McAfee's Ghostcoin Gets Backing as Payment in Hong Kong

John McAfee's Ghostcoin gets backing for use as a payment coin in Hong Kong across 60 vending machines including Disneyland.

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020
cryptocurrency

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
cryptocurrency

TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash

According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash.

China Continues to Influence Crypto Activities Worldwide, Study says
cryptocurrency

China Continues to Influence Crypto Activities Worldwide, Study says

Blockchain data platform Chainalysis published a report Wednesday, indicating China remains one of the largest cryptocurrency markets worldwide and continues to influence crypto activities worldwide.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
cryptocurrency

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

Are Cryptocurrency HODLers Ready to Create A Will?
cryptocurrency

Are Cryptocurrency HODLers Ready to Create A Will?

Research estimates about 3.8 million Bitcoin, worth about $30 billion US today has been lost, with most having gone to the grave with crypto holders who failed to tell anyone how to retrieve them.

US Lawmaker Mike Collins' $65K Ethereum Investments: Navigating Ethics and Market Dynamics
cryptocurrency

US Lawmaker Mike Collins' $65K Ethereum Investments: Navigating Ethics and Market Dynamics

Rep. Mike Collins discloses purchasing up to $65,000 in Ethereum in early 2024, amid market surges and political events. His actions, while legal under the STOCK Act, raise questions about ethical implications and the need for stricter regulations in lawmakers' digital asset investments.

UK Could Be The Next Crypto-Friendly Nation As Rishi Sunak Becomes Next PM
cryptocurrency

UK Could Be The Next Crypto-Friendly Nation As Rishi Sunak Becomes Next PM

Will Rishi Sunak's appointment as the next UK PM spell good fortune for the crypto industry?

Argo Mining Crypto Production Rose to 219 BTCs in July
cryptocurrency

Argo Mining Crypto Production Rose to 219 BTCs in July

Argo not only mined more Bitcoins in July, but also generated higher revenues than the previous month. The crypto mining firm faced challenges of electricity costs and its 17 series machines during the month of July.

Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims
cryptocurrency

Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims

Lawyers for the cryptocurrency industry have challenged recent comments made by the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, in which he claimed that all cryptocurrencies except Bitcoin fall under the agency's jurisdiction. The lawyers argue that the SEC must prove its case in court for each token individually before it can claim jurisdiction over them.

Paypal will Enable Crypto Withdrawals to External Wallets
cryptocurrency

Paypal will Enable Crypto Withdrawals to External Wallets

Paypal will enable crypto wallet withdrawal to external wallets, confirmed by one of its executives.

SEC Lawsuit against Ripple Continues with Gary Gensler Taking The Lead
cryptocurrency

SEC Lawsuit against Ripple Continues with Gary Gensler Taking The Lead

With Gary Gensler officially sworn in as the official Chairman of the Securities and Exchange Commission (SEC), many XRP advocates are hoping that this may be an opportunity for the SEC and Ripple to revisit the basis of the lawsuit and to rediscuss it.

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country
cryptocurrency

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country

Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.

Worldcoin Faces Investigation by Germany's Regulator
cryptocurrency

Worldcoin Faces Investigation by Germany's Regulator

The Bavarian State Office for Data Protection Supervision has initiated an investigation into the Worldcoin crypto project, a new initiative that requires users to provide iris scans in exchange for a digital ID and potentially free cryptocurrency, according to Reuters.

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case
cryptocurrency

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case

Taiwanese singer Chen Lingjiu faces fraud case involving JPEX, highlighting potential pitfalls of celebrity endorsements in cryptocurrency investments and the need for robust regulatory measures.

Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco
cryptocurrency

Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Senator Brown compared Facebook's Libra to the subprime mortgage scenario. His sentiments show the divided debate facing the Libra project.

Galaxy Digital Calls Coinbase Listing a ‘Netscape Moment for Crypto’ as Digital Assets Rise to New ATHs
cryptocurrency

Galaxy Digital Calls Coinbase Listing a ‘Netscape Moment for Crypto’ as Digital Assets Rise to New ATHs

Coinbase’s listing on Nasdaq has created quite a stir in the cryptocurrency industry and has served to push many cryptocurrencies to new all-time highs (ATHs).

PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds
cryptocurrency

PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds

A PayPal user leveraging the financial payment platform’s new crypto features is left indignant after his digital currency trades were flagged.

Cryptos in Space: The Future of Blockchain in the Final Frontier
cryptocurrency

Cryptos in Space: The Future of Blockchain in the Final Frontier

People began hearing the word blockchain circa 2008. Over ten years ago now, but barely a drop in the boundless stream of time. This nascent technology soon planted its terrestrial roots and spread around many industrial sectors.

Global Investors Prioritize Crypto as Russia-Ukraine War Continues
cryptocurrency

Global Investors Prioritize Crypto as Russia-Ukraine War Continues

International investors are throwing in money on cryptocurrency funds and companies as the Russia-Ukraine war has escalated, believing that the sector could provide security from the fallout of the war, according to Reuters.

SEC to Keep Close Watch on Crypto Brokers and Advisers
cryptocurrency

SEC to Keep Close Watch on Crypto Brokers and Advisers

The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."

Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity
cryptocurrency

Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity

Decentralized lending protocol Compound has decided to pause the supply of four tokens used as lending assets for collateral on the platform, including ncZRX, cBAT, cMKR, and cYFI.

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives
cryptocurrency

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives

CFTC Commissioner Dawn D. Stump has given several clarifications that show the agency has powers to regulate cryptocurrencies.

Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
cryptocurrency

Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin

Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan
cryptocurrency

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban
cryptocurrency

Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban

The trio of Facebook, Google and Twitter have been slammed by a $600 million class-action lawsuit by a group of companies and individuals backed by Sydney based JPB Liberty

Binance to Launche Pixels (PIXEL) on Launchpool
cryptocurrency

Binance to Launche Pixels (PIXEL) on Launchpool

Binance announces the launch of Pixels (PIXEL) on its Launchpool, a social web3 game on the Ronin Network, offering BNB and FDUSD holders a unique opportunity to farm PIXEL tokens before its trading debut.

Saros Cryptocurrency (SAROS) will be listed on Bybit
cryptocurrency

Saros Cryptocurrency (SAROS) will be listed on Bybit

Saros raises $3.75M in funding and gets listed on Bybit with a 50,000 USDT prize pool, marking significant strides in expanding its reach and enhancing its offerings in the DeFi space.

Why Bitcoin May Have to Fight the $50K Mark a Bit Longer
cryptocurrency

Why Bitcoin May Have to Fight the $50K Mark a Bit Longer

Crypto trader Carl Martin believes that $50,000 might be the new resistance level that Bitcoin has to fight to continue its upward momentum.

Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto
cryptocurrency

Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto

Texas resident Joshua Thomas Argires has been charged for investing COVID-19 relief funds in cryptocurrencies

U.S. Appeals Court Approves Seizure of Over $3 Billion in Bitcoin from Silk Road
cryptocurrency

U.S. Appeals Court Approves Seizure of Over $3 Billion in Bitcoin from Silk Road

The U.S. Ninth Circuit Court has finalized the seizure of 69,370 Bitcoin from Silk Road, worth over $3 billion, following a landmark legal process affirming the government's claim.

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024
cryptocurrency

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm unveils three innovative mining plans in 2024, promising attractive returns on HNT. Offering robust services and global reach, the plans are a blend of profitability and security for investors

Hong Kong Embraces Web3 Despite Crypto Market Volatility
cryptocurrency

Hong Kong Embraces Web3 Despite Crypto Market Volatility

Hong Kong's financial secretary, Paul Chan, has emphasized the need for the city to embrace Web3 technology, despite the fluctuations in the crypto market. Chan has proposed a strategy that focuses on proper regulation and promoting development to facilitate Web3's steady growth. He also noted that Hong Kong plans to prioritize financial security, prevent systemic risks, and focus on investor education and protection. The region's approach to crypto regulation contrasts with that of the United States, which has adopted a more hardline response to the industry.

Is Blockchain’s Immutability the Holy Grail for Logistics?
cryptocurrency

Is Blockchain’s Immutability the Holy Grail for Logistics?

The logistics industry can leverage on blockchain’s immutability in propelling order tracking, administrative efficiency, and dispute resolution.

Exclusive: What are Top 5 FinTech Career Advice for Graduates?
cryptocurrency

Exclusive: What are Top 5 FinTech Career Advice for Graduates?

Prof. Aris Stouraitis presents how Master of Science in Finance (FinTech and Financial Analytics) offered by Hong Kong Baptist University strives to nurture interdisciplinary talents and he offers the top 5 career advice for graduates who wish to work in FinTech and blockchain industry!

Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges
cryptocurrency

Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges

An accused scammer has arrived in the US from Serbia to face charges that he and other six conspirators involved in a crypto fraud scheme that defrauded investors out of over $70 million.

Ex-Binance CEO Zhao Unveils Education-Driven Crypto Initiative
cryptocurrency

Ex-Binance CEO Zhao Unveils Education-Driven Crypto Initiative

Zhao, Binance's former CEO, reveals a new education-centric blockchain project, excluding token offerings, with details to follow.

Which Cryptocurrency Was Most Correlated to Rest of the Crypto Market In 2019?
cryptocurrency

Which Cryptocurrency Was Most Correlated to Rest of the Crypto Market In 2019?

Find out which cryptocurrency was most correlated to the majority of the crypto market in 2019.

Central Bank of Turkey to Ban Use of Cryptocurrencies to Purchase Goods amid Bitcoin Boom
cryptocurrency

Central Bank of Turkey to Ban Use of Cryptocurrencies to Purchase Goods amid Bitcoin Boom

Although many retail and institutional investors alike have been gripped by Bitcoin fever lately, as the cryptocurrency has hit a new record-high, not all banking institutions are convinced by the digital asset’s benefits.

Binance employs Trump audit company to check crypto reserves
cryptocurrency

Binance employs Trump audit company to check crypto reserves

Mazars audits Binance's proof-of-reserve (PoR). Mazars' U.S. branch was Donald Trump's longstanding accounting firm. The accounting company is apparently evaluating all of Binance's publicly posted Bitcoin PoR information and will validate future upgrades and tokens.

Dogecoin Becomes the 8th Largest Cryptocurrency After a Tremendous 313% Weekly Gain
cryptocurrency

Dogecoin Becomes the 8th Largest Cryptocurrency After a Tremendous 313% Weekly Gain

Dogecoin has skyrocketed to the 8th spot on the crypto market after a tremendous 313% weekly gain.

ProShares to Launch First Ether ETF and Blended Crypto Funds
cryptocurrency

ProShares to Launch First Ether ETF and Blended Crypto Funds

ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.

FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings
cryptocurrency

FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings

FTX has filed a motion in Delaware court to sell a $175 million claim against bankrupt Genesis Global Capital, aiming to optimize returns from the sale. The move is part of FTX's broader strategy to manage its financial recovery post-collapse, with the proposed sales procedure designed to ensure maximum value from the claim amidst Genesis's ongoing legal and financial challenges.

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019
cryptocurrency

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

The IRS shook up the US crypto sector last year, when it issued Letter 6137 to American taxpayer’s which demanded that all citizens declare any unreported crypto gains within 30 days. One year on and an IRS watchdog has slammed the letter as a violation of the Taxpayer Bill of Rights.

US DOJ Announces Leader for New FBI Crypto Unit
cryptocurrency

US DOJ Announces Leader for New FBI Crypto Unit

The new national cryptocurrency enforcement team will be led by a prosecutor who led the case against a Russian hacker, the U.S. Department of Justice said, adding that the FBI will launch a unit for blockchain analysis and virtual asset seizure.

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes
cryptocurrency

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

A short article piece submitted by Christoph Besmer, Trade Commissioner, Investment Promotion Switzerland.

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis
cryptocurrency

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
cryptocurrency

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”

About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.

FTX Bankruptcy Legal Costs Hit $118.1 Million in Three Months
cryptocurrency

FTX Bankruptcy Legal Costs Hit $118.1 Million in Three Months

FTX's bankruptcy lawyers and advisers earned an average of $118.1M in fees between August and October, with Alvarez and Marshall leading the charges.

MetaMask Enables Direct Bank Transfers for Crypto Purchases in Nigeria
cryptocurrency

MetaMask Enables Direct Bank Transfers for Crypto Purchases in Nigeria

MetaMask, a major crypto wallet, has partnered with MoonPay to enable direct bank transfers for crypto purchases in Nigeria, allowing users to access crypto faster and cheaper without using credit or debit cards. Nigeria is a major market for MetaMask, despite current issues with crypto on-ramps in the country.

KuCoin Terminates Accounts of China’s Users, Following Other Cryptocurrency Exchanges
cryptocurrency

KuCoin Terminates Accounts of China’s Users, Following Other Cryptocurrency Exchanges

Crypto exchange KuCoin has revealed that it is closing accounts associated with Chinese users. The development is another blow to investors in Bitcoin and other crypto-assets in Mainland China amid the latest crackdown on the sector.

Kraken Halts ACH Deposits and Withdrawals via Silvergate
cryptocurrency

Kraken Halts ACH Deposits and Withdrawals via Silvergate

Kraken has notified its users that it will no longer support ACH deposits and withdrawals via Silvergate starting from March 27, citing difficulties with the automated clearing house. Kraken has advised its users to use alternative funding options until ACH funding is available again.

Bybit Now Supports Crypto Purchases with Credit or Debit Cards
cryptocurrency

Bybit Now Supports Crypto Purchases with Credit or Debit Cards

Bybit users can directly buy crypto with their credit or debit cards using fiat currencies, the cryptocurrency exchange company announced.

UAE to Strive for Virtual Service Provider Licenses before Q2
cryptocurrency

UAE to Strive for Virtual Service Provider Licenses before Q2

In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022.

OKX Exchange to List WIF and MEW for Spot Trading
cryptocurrency

OKX Exchange to List WIF and MEW for Spot Trading

OKX, a leading cryptocurrency exchange, has announced the listing of WIF (dogwifhat) and MEW (cat in a dogs world) on its spot trading market. The deposit and spot trading schedules have been provided, allowing users to engage in trading activities with these newly listed tokens.

ENS Has Generated Approximately $20M in Revenue Since Launch
cryptocurrency

ENS Has Generated Approximately $20M in Revenue Since Launch

The diversification of the Ethereum network has created many use cases like the Ethereum Name Service (ENS).

Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition
cryptocurrency

Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition

Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024.

Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest
cryptocurrency

Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration.

Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager
cryptocurrency

Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager

The president of Smead Capital Management addressed the topic of current trends of the US stock market in an interview with CNBC.

Hillary Clinton Fears Cryptocurrency Could Undermine US Dollar and Destabilize Nation States
cryptocurrency

Hillary Clinton Fears Cryptocurrency Could Undermine US Dollar and Destabilize Nation States

The evolving role of cryptocurrencies is causing many fears. Hilary Clinton advises countries to pay attention to the increasing adoption of such instruments.

Equating Cryptocurrency Solely with Illegal Conduct Lacks Understanding
cryptocurrency

Equating Cryptocurrency Solely with Illegal Conduct Lacks Understanding

Cryptocurrency has its benefits, but several consumers are still unaware of what they are because of security concerns and how the technology functions. In a recent interview, Coleman Watson – Managing partner Watson LLP – identified that while many people are interested in using cryptocurrency, lack of understanding remains a major hurdle.

Crypto Experts Give Advice as the Digital Currency Industry Continuously Suffer from a Freefall
cryptocurrency

Crypto Experts Give Advice as the Digital Currency Industry Continuously Suffer from a Freefall

As a way to ease off many investors’ pains, market opinion leaders have been sharing words of encouragement through tweets to pacify investors in losses.

Binance Adds Bitcoin Ordinals to NFT Marketplace
cryptocurrency

Binance Adds Bitcoin Ordinals to NFT Marketplace

Binance has announced that it will soon support Bitcoin ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Bitcoin ordinals have been on the rise, with over 3 million inscriptions as of May 1, but they remain a controversial topic in the crypto community.

6 Reasons Why Ethereum Price is Surging
cryptocurrency

6 Reasons Why Ethereum Price is Surging

Ethereum is entering new realms of price discovery - here are six reasons why Ethereum is showing significant strength at the outset of 2021 and the ETH price continues to rise.

Visa Establishes Advisory Services, Helping Clients Maneuver their Crypto Journey
cryptocurrency

Visa Establishes Advisory Services, Helping Clients Maneuver their Crypto Journey

As part of efforts to expand the knowledge base of its clients and partners in their cryptocurrency journey, payment giant Visa has introduced a global crypto advisory practice as part of the consulting & analytics department.

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments
cryptocurrency

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon is slated to take part in the IMF's annual meeting today, to discuss the private-sector’s role in addressing the limitations of cross-border payments.

Super Bowl LVIII Shifts Focus: Entertainment Over Crypto Ads
cryptocurrency

Super Bowl LVIII Shifts Focus: Entertainment Over Crypto Ads

Super Bowl LVIII marked a shift in advertising trends, shifting away from cryptocurrency ads, despite strong crypto presence, and towards entertainment and traditional brand promotions over financial technology themes.

Binance CEO Responds to Forbes Article on Fund Shuffling
cryptocurrency

Binance CEO Responds to Forbes Article on Fund Shuffling

Binance CEO Changpeng Zhao responded to a Forbes article that focused on the movement of funds by the cryptocurrency exchange. The article drew parallels between Binance and the now-defunct FTX and discussed the failed Voyager bid by Binance.US, as well as the United States Securities and Exchange Commission’s planned legal action against Paxos Trust Company, the issuer of the Binance-branded stablecoin, Binance USD (BUSD). Binance transferred $1.8 billion in stablecoin collateral to hedge funds such as Tron, Amber Group and Alameda Research between August and December 2022. Binance says it still supports BUSD and is now looking into non-USD stablecoins.

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?
cryptocurrency

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June.

Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia
cryptocurrency

Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia

With COVID-19 forcing businesses to adopt digital means of transacting, there is a spike in blockchain adoption, Bitcoin price surge, rise in Bitcoin scams.

DBS Provides Crypto for Trust Offerings
cryptocurrency

DBS Provides Crypto for Trust Offerings

DBS Group launches an offering trust service for cryptocurrencies, allowing their premium clients, include the emerging asset class in their succession plans.

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto
cryptocurrency

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

Accused Co-Founder of $9 Million Crypto Ponzi Scheme Declares Not Guilty in Court
cryptocurrency

Accused Co-Founder of $9 Million Crypto Ponzi Scheme Declares Not Guilty in Court

The co-founder of Zima Digital Assets, Zachary Salter and his associate, 28-year-old John Caruso jointly declared not guilty to charges of money laundering and conspiracy to attempt wire fraud during arraignment in an Arizona court on March 4.

Bank of Jamaica Collaborates with Local Government to Expand CBDC Adoption
cryptocurrency

Bank of Jamaica Collaborates with Local Government to Expand CBDC Adoption

In a recent update, it was reported that the Bank of Jamaica is set to partner with the Government to boost the adoption of its central bank digital currency, JamDex, as a payment method.

Trezor Strengthens Security Measures Amid Phishing Concerns
cryptocurrency

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor recently faced a security breach in its third-party support ticketing portal, potentially affecting 66,000 users. While user funds and device security remain secure, the incident raises concerns over increased phishing risks.

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021
cryptocurrency

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

Despite the crypto market limping based on massive liquidations, more participants continue joining the Ethereum network.

Bitcoin’s 30-Day MVRV Shows BTC UnderBought
cryptocurrency

Bitcoin’s 30-Day MVRV Shows BTC UnderBought

Bitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services
cryptocurrency

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Lawyers working within the metropolitan area of Washington DC can now accept cryptocurrency payments for legal services so long as the fee agreement is reasonable and fair, and the lawyer is able to safeguard their digital assets, the District of Columbia Bar stated in an ethics opinion.

Ex-Terraform Labs CFO Extradited to South Korea in Crypto Fraud Case
cryptocurrency

Ex-Terraform Labs CFO Extradited to South Korea in Crypto Fraud Case

Han Chang-joon, former Terraform Labs CFO, has been extradited to South Korea for charges of financial fraud in the crypto industry, marking a significant international effort to combat digital asset fraud.

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices
cryptocurrency

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.

Fidelity Investments Experiments With Crypto Salary Payments
cryptocurrency

Fidelity Investments Experiments With Crypto Salary Payments

Fidelity Investments experiments with paying employees in cryptocurrency

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters
cryptocurrency

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Congresswoman Maxine Waters scrutinizes Meta's trademark applications, filed in March 2022, suggesting the company's continued involvement in the digital assets ecosystem, despite previous assurances of no ongoing projects in this area.

Kraken Is the First Cryptocurrency Exchange to Become a US Bank
cryptocurrency

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.

Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction
cryptocurrency

Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction

US Federal Judge P. Kevin Castel has denied Telegram’s request to issue its Gram tokens to overseas investors.

What Pantera Capital CEO Thinks Will Be The Best Performing Cryptocurrency in the Next 12 Months
cryptocurrency

What Pantera Capital CEO Thinks Will Be The Best Performing Cryptocurrency in the Next 12 Months

In an interview with Raoul Pal, Dan Morehead, the CEO of Pantera Capital, revealed what he thinks will be the best performing digital asset a year from now.

Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"
cryptocurrency

Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"

Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week.

Crypto Mining Demands Ramps Up in Vietnam Amid Bitcoin’s Price Surge
cryptocurrency

Crypto Mining Demands Ramps Up in Vietnam Amid Bitcoin’s Price Surge

Surging Bitcoin’s price is currently creating greater demand for cryptocurrency mining in Vietnam. Increased interest in mining activities are also being seen in several regions across the world.

Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited
cryptocurrency

Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited

With the price staying below the short-term holder (STH) cost basis for nearly a week, on-chain analyst Will Clemente believes that Bitcoin needs to reclaim the $53K area if a bull run is to be reignited.

Digital Surge narrowly avoids collapse
cryptocurrency

Digital Surge narrowly avoids collapse

Digital Surge creditors agree five-year rescue plan to keep exchange running. KordaMentha will pay creditors from the exchange's quarterly net earnings over five years. Customers were sent the rescue plan on December 8.

FINRA's 2024 Oversight Report Emphasizes Crypto Asset Compliance
cryptocurrency

FINRA's 2024 Oversight Report Emphasizes Crypto Asset Compliance

FINRA's 2024 Regulatory Oversight Report emphasizes compliance in crypto asset activities, emphasizing cybersecurity, anti-money laundering protocols, and transparent reporting, reflecting its commitment to guiding members in the evolving cryptocurrency world.

Greyp Teams Up with Blockchain Entities for Automated Payment System
cryptocurrency

Greyp Teams Up with Blockchain Entities for Automated Payment System

Greyp, a Croatian mobility tech startup and electric bike manufacturer, has partnered with two blockchain firms, the Energy Web Foundation (EWF) and slock.it, to establish an automated payment structure for IoT vehicles.

E.U and US Can Coordinate Effort "on a Shared International Approach to Regulating Crypto": EU Commissioner
cryptocurrency

E.U and US Can Coordinate Effort "on a Shared International Approach to Regulating Crypto": EU Commissioner

Mairead McGuinness, a Commissioner for financial services, financial stability, and capital markets union at the European Commission has called on the United States and the European Union to coordinate efforts with respect to regulating digital currencies.

Cryptocurrency Firms Starting to See Singapore as Unhospitable, Nikkei Says
cryptocurrency

Cryptocurrency Firms Starting to See Singapore as Unhospitable, Nikkei Says

Cryptocurrency companies that were attracted to Singapore for their crypto-friendly stance have begun to realise the difficulty of legally operating in the city-state, Nikkei Asia reported.

Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters
cryptocurrency

Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters

The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters.

What Biden’s Presidency Could Mean for Crypto
cryptocurrency

What Biden’s Presidency Could Mean for Crypto

With Joe Biden's presidential win, the crypto community has speculated on how this would impact the industry.

U.S. Justice Department Seizes $9M in Crypto from Romance Scam Ring
cryptocurrency

U.S. Justice Department Seizes $9M in Crypto from Romance Scam Ring

The U.S. Justice Department successfully seizes $9M in crypto from a scam ring targeting over 70 victims, showcasing the government's commitment to combating cyber-enabled financial fraud.

Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million
cryptocurrency

Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million

According to crypto sleuth ZachXBT, Lark Davis withdrew $2.5 million from Celsius long before the company crashed.

US Crypto Crackdown Could Push Industry to Hong Kong
cryptocurrency

US Crypto Crackdown Could Push Industry to Hong Kong

Paris-based Kaiko's CEO, Ambre Soubiran, has suggested that the recent US crackdown on cryptocurrency regulation could lead to a shift in the industry's center of gravity towards Hong Kong, which has been more favorable towards crypto. The Hong Kong government has been rolling out progressive regulation to support crypto and fintech firms in 2023, with over 80 virtual asset-related firms expressing interest in setting up shop there.

The End of Bitcoin: Which Cryptocurrencies will survive a future crash?
cryptocurrency

The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

During the Covid crisis, casual investors started to swap stocks and shares and even golf for investment in cryptocurrency, with Bitcoin and other altcoins like Ethereum proving to be hugely popular.

Bitcoin Back to Positive Territory Following Rally at $46,000
cryptocurrency

Bitcoin Back to Positive Territory Following Rally at $46,000

Bitcoin went past the level of $46,000 over the past two weeks which has put the world's top cryptocurrency back on track to positive territory for the year, according to Bloomberg.

Kazakhstan-Based Crypto Miners Face Unprecedented Situation
cryptocurrency

Kazakhstan-Based Crypto Miners Face Unprecedented Situation

Kazakhstan-based crypto miners have been witnessing an unprecedented situation as they find themselves surrounded by uncertainty due to political forces.

Ethereum Will Be Deflationary and Running on Proof-of-Stake by Year-End, says Market Analyst
cryptocurrency

Ethereum Will Be Deflationary and Running on Proof-of-Stake by Year-End, says Market Analyst

Lark Davis believes that Ethereum will have cemented its status as a deflationary currency and will run on a proof of stake model by the end of 2021.

FTX.US Has Opened a New Headquarters in Chicago
cryptocurrency

FTX.US Has Opened a New Headquarters in Chicago

FTX US has opened its headquarters in Chicago as it seeks to strengthen its business and solidify its base with United States regulators.

Binance's Success Rooted in External Pressure, Reveals CEO
cryptocurrency

Binance's Success Rooted in External Pressure, Reveals CEO

In a recent tweet, Changpeng Zhao (CZ), the CEO of Binance, the world's largest cryptocurrency exchange by trading volume, shared his insights on building strong teams and the role of external pressure in the company's success.

Binance.US Could Be in Violation of Securities Law
cryptocurrency

Binance.US Could Be in Violation of Securities Law

SEC opposes Binance. US acquisition of nearly $1 billion in Voyager Digital assets.

Central African Republic Top Court Blocks Purchases with New Crypto
cryptocurrency

Central African Republic Top Court Blocks Purchases with New Crypto

The High Court of the Central African Republic has ruled that using govt-backed crypto to buy “e-residency” or citizenship and land goes against the country’s constitution.

Alibaba Founder Jack Ma Criticizes Current Financial Regulations
cryptocurrency

Alibaba Founder Jack Ma Criticizes Current Financial Regulations

Alibaba founder Jack Ma highlights the importance of fintech innovations over regulations.

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December
cryptocurrency

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December

Victims of the now non-defunct crypto exchange Mt. Gox will have to wait on their refund following a 2014 hack, which triggered the loss of over 150,000 Bitcoin.

Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development
cryptocurrency

Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development

Bitwise Bitcoin ETF (BITB) is a low-cost, regulated ETF for U.S. investors, offering a traditional route to investing in bitcoin. With a 0% management fee for the first six months, BITB could pave the way for more cryptocurrency-based investment products.

Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay
cryptocurrency

Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay

Gate.io has launched its own crypto payment gateway dubbed Gate Pay

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP
cryptocurrency

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group
cryptocurrency

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.

Binance Secures Registration in New Zealand, to Open Local Office
cryptocurrency

Binance Secures Registration in New Zealand, to Open Local Office

Binance has gained access to open up a local office soon in New Zealand as the crypto exchange platform successfully registered with the country's Ministry of Businesses Innovation and Employment.

Genesis Mining Survey Finds Bitcoin Investors Believe in Safe Haven Value, Not $50,000 BTC Price by 2030
cryptocurrency

Genesis Mining Survey Finds Bitcoin Investors Believe in Safe Haven Value, Not $50,000 BTC Price by 2030

A survey by Genesis Mining reveals that while the majority of Bitcoin investors are sold on the crypto’s ability to replace gold, few are as confident of $50,000 per BTC by 2030.

QuadrigaCX Users to Receive Interim Distribution
cryptocurrency

QuadrigaCX Users to Receive Interim Distribution

Users of defunct cryptocurrency exchange QuadrigaCX will receive interim distribution of funds tied to bankruptcy proceedings in the coming weeks. A small number of affected users may receive a Notice of Disallowance of Claim, with the right to appeal. QuadrigaCX owes affected clients an estimated $160 million and trustee Ernst & Young has recovered $34.3 million worth of assets.

ARK Invest CEO: Crypto Assets Will See Huge Turn
cryptocurrency

ARK Invest CEO: Crypto Assets Will See Huge Turn

ARK Invest CEO Cathie Wood predicts 2% inflation. Due to diminishing money supply, Wood expects inflation to go below this level and potentially into negative territory. The business recently sold its Grayscale Bitcoin Trust (GBTC) shares and bought 320,000 Coinbase shares for $17.6 million.

Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion
cryptocurrency

Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion

In 2023, the number of Bitcoin wallets with over $1 million increased by 237%, indicating a significant shift in cryptocurrency wealth and market dynamics.

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
cryptocurrency

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority

Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.

Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers
cryptocurrency

Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers

Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion.

Reddit Ethereum-Based Rewards Rolled Out on r/Cryptocurrency and r/FortniteBR Subreddits
cryptocurrency

Reddit Ethereum-Based Rewards Rolled Out on r/Cryptocurrency and r/FortniteBR Subreddits

Reddit, the popular content aggregating website has created the community points to incentivize users to create high-quality posts and comments.

Poloniex celebrates its 9th anniversary
cryptocurrency

Poloniex celebrates its 9th anniversary

Poloniex is celebrating its 9th anniversary this year as one of the most well-established global crypto exchanges with more products and services to be launched in the coming months.

Binance.US CEO Brian Brooks Steps Down, Cites Strategic Differences with Colleagues
cryptocurrency

Binance.US CEO Brian Brooks Steps Down, Cites Strategic Differences with Colleagues

Brian Brooks, the CEO of the US arm of the Binance global cryptocurrency exchange, has resigned just four months after joining the group.

INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform
cryptocurrency

INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform

INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced on July 19, 2023, that it will tokenize and list the equity of Casper Labs, a leading enterprise blockchain software provider.

PayPal Acquires UK Crypto License
cryptocurrency

PayPal Acquires UK Crypto License

PayPal has secured a cryptocurrency license from the UK's Financial Conduct Authority, marking a strategic move amid post-Brexit adjustments, and transitioning UK clients from PayPal Europe to a new UK-based entity.

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach
cryptocurrency

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach

Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.

Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner
cryptocurrency

Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner

Crypto Mom and blockchain forward SEC Commissioner Hester Peirce has been sworn in for a second term at the US SEC.

Crypto Exchange Bit.com Establishes Toncoin Savings Product to Enhance TON Ecosystem
cryptocurrency

Crypto Exchange Bit.com Establishes Toncoin Savings Product to Enhance TON Ecosystem

To enhance the growth of the TON community through the native token Toncoin, Singapore-based crypto exchange Bit.com has rolled out a savings product.

Ripple and The SEC’s Joint Letter Reveals that a Pretrial Settlement Is Unlikely to Happen
cryptocurrency

Ripple and The SEC’s Joint Letter Reveals that a Pretrial Settlement Is Unlikely to Happen

Per the official court order, Ripple and the SEC has submitted a letter presenting their arguments ahead of the pre-trial court date.

MicroStrategy Earns $3 Billion as Bitcoin Price Breaks $47k
cryptocurrency

MicroStrategy Earns $3 Billion as Bitcoin Price Breaks $47k

MicroStrategy's Bitcoin holdings have risen to $8.89 billion, a $3 billion gain from its initial $250 million investment in 2020, despite challenges like price drops and potential bankruptcy.

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing
cryptocurrency

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers.

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs
cryptocurrency

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs

In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.

Moody’s Getting into Crypto Space, Wants to Hire Cryptocurrency Analyst
cryptocurrency

Moody’s Getting into Crypto Space, Wants to Hire Cryptocurrency Analyst

Moody’s Investors Service Limited is the latest leading corporation getting interested into the world of cryptocurrency. The major credit rating firm announces plans to hire a cryptocurrency analyst.

Brock Pierce For President, Crypto Venture Capitalist Announces Candidacy
cryptocurrency

Brock Pierce For President, Crypto Venture Capitalist Announces Candidacy

Brock Pierce has announced that he will be joining the presidential race in the 2020 US elections.

Binance's Bitcoin Halving Event Rewards Users for Crypto Knowledge
cryptocurrency

Binance's Bitcoin Halving Event Rewards Users for Crypto Knowledge

Participate in Binance's Word of the Day game focused on Bitcoin Evolution and earn points toward crypto rewards during the Bitcoin Halving special week.

Why Mike Novogratz Acquired 500,000 Ethereum from Vitalik Buterin at $0.99 Each in 2015
cryptocurrency

Why Mike Novogratz Acquired 500,000 Ethereum from Vitalik Buterin at $0.99 Each in 2015

Mike Novogratz, Galaxy Digital founder, and CEO has disclosed that he bought 500,000 Ethereum from its co-founder Vitalik Buterin for only $0.99 per Ether.

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin
cryptocurrency

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy announced that it completed a sale of convertible senior notes worth $1.05 billion to acquire more Bitcoins.

Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024
cryptocurrency

Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024

Cboe Digital, the first US-regulated crypto native exchange, will launch Bitcoin and Ether futures trading, enhancing capital efficiency and market liquidity.

Robinhood Crashes as Dogecoin Soars to Fresh All-Time High
cryptocurrency

Robinhood Crashes as Dogecoin Soars to Fresh All-Time High

Robinhood experienced technical difficulties during Dogecoin (DOGE)’s spike to a new all-time high.

Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding
cryptocurrency

Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding

House Democrats have asked the Trump Administration for a debriefing on the enormous Bitcoin and crypto seizure intended for Hamas, al-Qaeda, and Islamic State terrorists.

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency
cryptocurrency

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency
cryptocurrency

Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency

CBDC are digital assets, but they are not cryptocurrencies and in fact strike at the heart of the very philosophy that brought Bitcoin into existence.

Crypto Exchange Web Traffic Hit 473.3 Million Visits in October
cryptocurrency

Crypto Exchange Web Traffic Hit 473.3 Million Visits in October

More participants are eyeing the cryptocurrency sector, given that the crypto exchange web traffic has witnessed a 15.5% increase month-on-month (MoM).

Trump Nominates SEC Commissioner Hester Peirce For Second Term
cryptocurrency

Trump Nominates SEC Commissioner Hester Peirce For Second Term

Crypto Mom, Hester Peirce has been nominated for a second term with the U.S. Securities and Exchange Commission (SEC) as one of its five commissioners, until 2025.

Crypto Market Cap Smashes $1 Trillion with JPMorgan Projecting $2.5 Trillion to Come
cryptocurrency

Crypto Market Cap Smashes $1 Trillion with JPMorgan Projecting $2.5 Trillion to Come

The Crypto industry's market capitalization has surpassed the $1trillion market cap. JPMorgan has projected there could be room for an additional $2.5 trillion in 2021.

Study Reveals Emoji Sentiments' Impact on Crypto Markets
cryptocurrency

Study Reveals Emoji Sentiments' Impact on Crypto Markets

Researchers use AI to analyze emoji sentiment in cryptocurrency markets, providing insights into market dynamics and suggesting incorporating it into trading strategies to avoid market downturns.

Yuga Labs Legal Battle Escalates as Defendants Allegedly Thwart Court Orders
cryptocurrency

Yuga Labs Legal Battle Escalates as Defendants Allegedly Thwart Court Orders

Yuga Labs' lawsuit sees non-compliance accusations against defendants, potentially impacting the NFT and cryptocurrency landscape.

Norwegian Block Exchange to Set Stage for Landmark Cryptocurrency Listing on Euronext Stock Exchange
cryptocurrency

Norwegian Block Exchange to Set Stage for Landmark Cryptocurrency Listing on Euronext Stock Exchange

Norwegian Block Exchange (NBX) announced on December 3 that it applied for listing shares on the pan-European stock exchange, Euronext N.V.

It is not just Liquidity, Huobi on Two Fair Metrics to Rank Crypto Exchanges
cryptocurrency

It is not just Liquidity, Huobi on Two Fair Metrics to Rank Crypto Exchanges

Ciara Sun, Head of Global Business Development & Partnerships at Huobi Group, has a wealth of experience in financial analysis, strategic consulting and corporate management from her previous roles with prestigious enterprises such as Boston Consulting Group, Deloitte Consulting and Ernst & Young. Sun sat down with Blockchain.News at the Blockshow Asia 2019 to discuss Huobi’s rising profile, China’s decentralized economy and what she considers fair metrics for ranking exchanges.

Different Stances on Cryptocurrency Risk Revealed, Many Still Link Crypto to Cyber Fraud
cryptocurrency

Different Stances on Cryptocurrency Risk Revealed, Many Still Link Crypto to Cyber Fraud

Findings revealed that banks, governments, and cryptocurrency professionals were divided in their stance on digital currencies.

Swiss Retail Bank to Offer Cryptocurrency Services
cryptocurrency

Swiss Retail Bank to Offer Cryptocurrency Services

PostFinance has partnered with Sygnum to offer customers cryptocurrency trading and storage services, including Bitcoin and Ether.

Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu
cryptocurrency

Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu

China’s crypto journalist Colin Wu believes that Chinese police have sold cryptocurrencies seized from the $4.2 billion PlusToken Ponzi crackdown.

FTC Settles with Voyager Digital Over Misleading FDIC Claims, Former CEO Charged
cryptocurrency

FTC Settles with Voyager Digital Over Misleading FDIC Claims, Former CEO Charged

The FTC settles with Voyager Digital, barring it from handling consumer assets post allegations of misleading FDIC insurance claims. The settlement highlights regulatory efforts to ensure transparency in the crypto industry amid a broader crackdown on deceptive practices.

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern
cryptocurrency

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

Guardicore, a cloud security and data center firm, has issued a report showing how a malware botnet, tracked as Vollgar botnet, has been hijacking Microsoft SQL Server (MS-SQL) databases around the world and forcing them to mine the cryptocurrencies Vollar and Monero.

Tech Stocks to Grow this Year thanks to Crypto & Metaverse, Wall Street Analyst Says
cryptocurrency

Tech Stocks to Grow this Year thanks to Crypto & Metaverse, Wall Street Analyst Says

Cyrus Mewawalla believes that tech companies whose operations extend into the metaverse and crypto will end up in gains at the end of the year, despite the massive uncertainties that might be experienced in the stock market this year.

Terra's Partnership with Washington Nationals Raises Eyebrows
cryptocurrency

Terra's Partnership with Washington Nationals Raises Eyebrows

Terra, the cryptocurrency ecosystem that collapsed in May 2022, made a prominent appearance at Nationals Park during the Washington Nationals' home opener on March 30. Despite Terra's collapse, a partnership between the company and the baseball team had been in effect since February 2022, with the Terra community committing $38.2 million over five years to secure the deal. Terra's founder, Do Kwon, is currently in police custody in Montenegro and is reportedly facing harsh conditions in the penal system.

Ripple CEO Reveals Missing Key Factor for Crypto and XRP to Be the Infrastructure of the Next Global Financial System
cryptocurrency

Ripple CEO Reveals Missing Key Factor for Crypto and XRP to Be the Infrastructure of the Next Global Financial System

Ripple CEO Brad Garlinghouse explained what was crucial in the cryptocurrency sector for it to be revamped and integrated into the next global financial system.

BNB Smart Chain's Remarkable 85% Security Triumph in 2023
cryptocurrency

BNB Smart Chain's Remarkable 85% Security Triumph in 2023

BNB Smart Chain's security enhancements in 2023 led to an 85% reduction in financial losses from security incidents, a striking contrast to the previous year's $1.1 billion losses.

Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol
cryptocurrency

Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol

Janet Yellen highlighted the “growing concern” of crypto being leveraged to finance terror just weeks after the US Capitol was attacked by domestic terrorists paid in BTC.

Bitcoin Price Bull Run Intact Despite $1700 Price Dive on Sunday
cryptocurrency

Bitcoin Price Bull Run Intact Despite $1700 Price Dive on Sunday

The Bitcoin price went on a wild ride over the weekend, the bulls pushing the Bitcoin price up to $12,100, before the world’s biggest cryptocurrency plunged back to $10,640 within a matter of minutes.

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors
cryptocurrency

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.

US Justice Department Charges John McAfee with Cryptocurrency Fraud
cryptocurrency

US Justice Department Charges John McAfee with Cryptocurrency Fraud

Antivirus software entrepreneur John McAfee has been charged with fraud and crypto pump and dump scheme offenses by the US Department of Justice, which alleges that he and his accomplices participated in a scheme that earned them more than $16.9 million by fraudulently promoting altcoins to unwitting investors.

Stellar (XLM) Development Foundation Delays Protocol 20 Upgrade Due to Core Bug
cryptocurrency

Stellar (XLM) Development Foundation Delays Protocol 20 Upgrade Due to Core Bug

The Stellar Development Foundation has postponed the vote on Protocol 20, initially set for January 30, following the discovery of a bug in Stellar Core v20.1.0. The decision was made to ensure ecosystem readiness and broad consensus, with the new vote date to be determined after the bug fix release, expected within the next two weeks.

Crypto Scams Took in More Than $30 Million in Taiwan in 2019
cryptocurrency

Crypto Scams Took in More Than $30 Million in Taiwan in 2019

Blockchain and cryptocurrency investment scams have risen and have reached $900 million New Taiwan dollars ($30 million) in Taiwan last year, according to Gao Hongan, a political figure in the country.

Grayscale Launches New Entity to Manage Growing Funds
cryptocurrency

Grayscale Launches New Entity to Manage Growing Funds

Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.

California's Crypto Voters: A Pivot in the 2024 Elections
cryptocurrency

California's Crypto Voters: A Pivot in the 2024 Elections

Coinbase's data indicates that California's 8.2 million crypto owners could significantly influence the 2024 elections, with a strong preference for candidates who support innovative and crypto-friendly policies.

UK Court Rules Against Craig Wright's Claims of Being Satoshi Nakamoto
cryptocurrency

UK Court Rules Against Craig Wright's Claims of Being Satoshi Nakamoto

A UK judge has ruled that Craig Wright, who claimed to have written the Bitcoin whitepaper, is not the elusive Satoshi Nakamoto.

XRP Holders’ Request for Motion to Intervene in SEC-Ripple Case Gets Approved by the Court
cryptocurrency

XRP Holders’ Request for Motion to Intervene in SEC-Ripple Case Gets Approved by the Court

A court order by District Judge Analisa Torres has confirmed that XRP holders’ motion to intervene has been approved.

Grayscale Files for Three New Crypto ETFs
cryptocurrency

Grayscale Files for Three New Crypto ETFs

Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps
cryptocurrency

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps

Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.

SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In
cryptocurrency

SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In

Ripple CEO Brad Garlinghouse revealed that a lawsuit may be in the works against his fintech company for XRP cryptocurrency sooner than later.

New Bitcoin Tax Plan Stifles Blockchain Technology
cryptocurrency

New Bitcoin Tax Plan Stifles Blockchain Technology

After a fierce debate exploded over how to tax cryptocurrency, a bid to pass an infrastructure bill worth approximately $1 trillion has stalled in the US senate.

Indian Cricket Regulator Bans Teams from Partnering With Crypto Firms
cryptocurrency

Indian Cricket Regulator Bans Teams from Partnering With Crypto Firms

The Board of Control for Cricket in India (BCCI) has issued a directive to all franchises in the Indian Premier League (IPL) to desist from partnering with crypto exchanges in any form.

Voyager Digital Suspends Crypto Trading, Deposits & Withdrawals
cryptocurrency

Voyager Digital Suspends Crypto Trading, Deposits & Withdrawals

Digital asset broker Voyager Digital said halting all customer trading, deposits, withdrawals and loyalty rewards was the right one given the current market conditions.

US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware
cryptocurrency

US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

The US Department of Justice has led international efforts that have seen half a million dollars in cryptocurrency seized from the NetWalker ransomware group.

Glassnode Acquires Crypto Portfolio Tracking Tax Platform Accointing.Com
cryptocurrency

Glassnode Acquires Crypto Portfolio Tracking Tax Platform Accointing.Com

Leading crypto market intelligence provider Glassnode has acquired crypto portfolio tracking tax Platform Accointing.Com to allow users to track their portfolios in one place.

New MacOS Malware Hijacks Crypto Wallets Via Pirated Apps
cryptocurrency

New MacOS Malware Hijacks Crypto Wallets Via Pirated Apps

Kaspersky Labs discovers a new malware targeting macOS users via pirated apps, replacing legitimate Bitcoin and Exodus wallets with infected versions, highlighting the risks of downloading unauthorized software.

CipherTrace Life Hack for Criminal Investigations: How to Know if Cryptocurrency Was Utilized
cryptocurrency

CipherTrace Life Hack for Criminal Investigations: How to Know if Cryptocurrency Was Utilized

CipherTrace blockchain analytics firm has revealed guidelines that could help law enforcement identify that cryptocurrency was used for illicit activities.

Quiznos Testing Payment Feature to Allow Customers Pay in Bitcoins
cryptocurrency

Quiznos Testing Payment Feature to Allow Customers Pay in Bitcoins

Quiznos chain of restaurants will accept Bitcoin starting mid-August.

United States Moves Forward With Crypto Regulation
cryptocurrency

United States Moves Forward With Crypto Regulation

Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.

Indonesia’s Pintu Crypto Exchange Raises $35M in Extended Series A, Led by Lightspeed Venture
cryptocurrency

Indonesia’s Pintu Crypto Exchange Raises $35M in Extended Series A, Led by Lightspeed Venture

Indonesia-based cryptocurrency exchange Pintu announced the company has completed an extended Series A funding round by raising $35 million dollars, led by Lightspeed Venture Partners, citing multiple sources.

Chainalysis Launches Program to Help Law Enforcement with Monitoring and Storing Seized Crypto Assets
cryptocurrency

Chainalysis Launches Program to Help Law Enforcement with Monitoring and Storing Seized Crypto Assets

Chainalysis has launched an asset realization program intended to assist government agencies with monitoring and storing seized crypto assets.

Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?
cryptocurrency

Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?

Bitcoin is now over a decade old, although it has only been known and talked about among the general public for the last few years. During the Bitcoin boom of late 2017, we saw endless reports of the ever-growing value of the token and much speculation of how it would continue to rise to tremendously as time goes on.

High Taxation in Japan is Driving Crypto Businesses Away, Entrepreneur Says
cryptocurrency

High Taxation in Japan is Driving Crypto Businesses Away, Entrepreneur Says

To prevent entrepreneurs from leaving the nation, Japan should minimize corporate taxes on crypto businesses, according to Sota Watanabe, the CEO of Stake Technologies Pte.

Integration of Credit Card with Digital Currencies,  Bringing Crypto from Hype to Mainstream
cryptocurrency

Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream

Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.

Canadian Bitcoin ETFs Face Outflows as Investors Pivot to US Funds
cryptocurrency

Canadian Bitcoin ETFs Face Outflows as Investors Pivot to US Funds

nvestors are shifting from Canadian Bitcoin ETFs to US-based counterparts, with the Purpose Bitcoin ETF witnessing a significant reduction in holdings.

Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary
cryptocurrency

Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary

President-elect Joe Biden is considering Gary Gensler, the former Commodity Futures Trading Commission chairman, to become Deputy Treasury Secretary.

CoinFLEX Announces Restructuring Proposal, Allocating 65% Shares to Creditors
cryptocurrency

CoinFLEX Announces Restructuring Proposal, Allocating 65% Shares to Creditors

CoinFLEX said that creditors will own 65% of the company. While, the company's team will be allocated 15% of the remaining shares, to vest over time in an employee share option program (ESOP).

ISIS Is Not Hoarding $300M in Bitcoin War-Chest, Reports Chainalysis
cryptocurrency

ISIS Is Not Hoarding $300M in Bitcoin War-Chest, Reports Chainalysis

Over the past week, the comments of a counter-terrorism think tank Director have indicated that ISIS has been using cryptocurrency platforms to conceal donations and bypass financial security measures and could be hoarding close to 300 million in Bitcoin. Experts initially made the revelation after identifying an increase in advertising for donations. However, a recent report from Chainalysis suggests that there is no evidence of ISIS's 300million BTC war-chest.

Bitcoin Sinks to $18.5K Due to Regulatory, Interest Hike Concerns
cryptocurrency

Bitcoin Sinks to $18.5K Due to Regulatory, Interest Hike Concerns

Bitcoin fell to a three-month low as cryptocurrencies took a dip ahead of global monetary tightening concerns and amid regulatory concerns.

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race
cryptocurrency

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.

Binance Ends Services for Nigerian Naira
cryptocurrency

Binance Ends Services for Nigerian Naira

Binance announces the discontinuation of all services tied to the Nigerian Naira (NGN) as it navigates the evolving regulatory landscape.

Federally Chartered US Bank, Vast Bank Now Offers Crypto to its Customers
cryptocurrency

Federally Chartered US Bank, Vast Bank Now Offers Crypto to its Customers

Vast Bank, a Federally Chartered Bank in the US now has permission to offer crypto buying and selling to customers.

Bittrex to Shut Down U.S. Platform
cryptocurrency

Bittrex to Shut Down U.S. Platform

Bittrex will close its U.S. platform on April 30, citing the current regulatory and economic environment. Customer funds are safe and available for withdrawal. The shutdown will not affect Bittrex Global, which will remain open for trading.

Proposal to Amend Cryptocurrency Leverage Regulations in Japan
cryptocurrency

Proposal to Amend Cryptocurrency Leverage Regulations in Japan

JCBA has proposed to JVCEA to amend the leverage ratio regulations in cryptocurrency margin trading, advocating for the application of corporate leverage calculation methods to individual transactions as well. The proposal aims to align the crypto market's leverage regulations with other derivative markets and possibly re-attract users who shifted to overseas exchanges for higher leverage.

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto
cryptocurrency

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Sberbank, Russia’s largest bank, is purchasing more contactless ATMs that are powered by blockchain. The banking giant is making such a move despite an upcoming bill that aims to penalize individuals and firms that use and trade cryptocurrencies in financial transactions. Sberbank’s ATMs have nothing to do with cryptocurrencies as they do not act as BTMs (Bitcoin ATMs). The banking institution just intends to cut the need for physical contact associated with the use of bank debit/credit cards amid the coronavirus pandemic. Throughout the COVID-19 epidemic, Sberbank has been preferring to cut down the use of plastic cards because of health concerns.

Independent Reserve Considers Expansion to Hong Kong
cryptocurrency

Independent Reserve Considers Expansion to Hong Kong

Independent Reserve, an Australia-based cryptocurrency exchange, is exploring opportunities to expand its business in Hong Kong following the city’s recent proposal of a licensing regime for crypto exchanges. The company sees Hong Kong as a potential friendly jurisdiction for its business expansion in Asia.

Schedule for SEC Case against Ripple Approved by Court, Hearing for SEC Chair Nominee Gary Gensler Set for March
cryptocurrency

Schedule for SEC Case against Ripple Approved by Court, Hearing for SEC Chair Nominee Gary Gensler Set for March

A management plan and a scheduling order for the SEC case against Ripple Labs has officially been approved by the court.

Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production
cryptocurrency

Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production

Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.

Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
cryptocurrency

Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021

Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
cryptocurrency

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.

Beware of an Overseas Crypto Scam, Thai Regulator Stipulates
cryptocurrency

Beware of an Overseas Crypto Scam, Thai Regulator Stipulates

The Thai Securities and Exchange Commission (SEC) has discovered a crypto scam where overseas companies are involved.

Coindesk May Be Sold as Parent Company DCG Struggles
cryptocurrency

Coindesk May Be Sold as Parent Company DCG Struggles

CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.

Vitalik Buterin Proposes a Quantum-Resistant Hard Fork for Ethereum
cryptocurrency

Vitalik Buterin Proposes a Quantum-Resistant Hard Fork for Ethereum

Vitalik Buterin proposes a hard fork strategy for Ethereum to protect funds against quantum computer attacks, sparking a community-wide discussion on quantum security.

US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto
cryptocurrency

US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto

Charles Schwab the US-based brokerage giant, which manages over $3.2 trillion in assets, are dismissing cryptocurrencies for the time being. This decision comes in spite of their competitors ‘Fidelity’ rushing to embrace this new market.

Core Scientific Partners with Foundry in Financing Deal up to $23 Million
cryptocurrency

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America

Father of two facing the dire prospect of losing his family forever
cryptocurrency

Father of two facing the dire prospect of losing his family forever

A two-year bitcoin trading addiction cost a Redditor $180,000 and maybe his wife and family.

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”
cryptocurrency

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Bitcoin billionaire Cameron Winklevoss thinks that this is the perfect opportunity to invest in Bitcoin, as the dollar keep depreciating and US politicians are unable to reach a consensus on a stimulus package budget.

DoJ Charges BitClub Promoter for Role in $722 Million Crypto Fraud Scheme
cryptocurrency

DoJ Charges BitClub Promoter for Role in $722 Million Crypto Fraud Scheme

A Californian man pleaded guilty for his involvement in perpetrating BitClub Network, a cryptocurrency mining scheme that generated at least $722 million.

Law Enforcement Officials Divided on Ripple XRP Outcome as SEC Lawsuit Court Date Looms
cryptocurrency

Law Enforcement Officials Divided on Ripple XRP Outcome as SEC Lawsuit Court Date Looms

As the pretrial date for the SEC lawsuit against Ripple is set for February 22, many lawmakers have speculated on the possible outcome for XRP.

Bitcoin Is Good for Elon Musk but It May Not be for All Investors, Says Bill Gates
cryptocurrency

Bitcoin Is Good for Elon Musk but It May Not be for All Investors, Says Bill Gates

Bill Gates has been probed about Bitcoin and his views regarding the digital asset since the cryptocurrency has been the talk of Wall Street recently.

Al Jalila Foundation Gets Donations Worth $16M in Crypto
cryptocurrency

Al Jalila Foundation Gets Donations Worth $16M in Crypto

The funds will specifically aid in the construction of a bone marrow transplant centre, which will be later renamed “QUINT Bone Marrow Transplant Centre” upon launch.

Bitcoin in 2021: From All-Time High to Where?
cryptocurrency

Bitcoin in 2021: From All-Time High to Where?

A few months ago, the idea of Bitcoin surpassing its all-time high (ATH) was not particularly outlandish. A week after, it hit $40K. Nothing, it seemed, would be the same again.

NHL- San Jose Sharks To Accept Crypto for Tickets and Merchandise Sales
cryptocurrency

NHL- San Jose Sharks To Accept Crypto for Tickets and Merchandise Sales

The San Jose Sharks ice hockey team will accept cryptocurrency as payment for season ticket purchases, sponsorship deals, suite leases, and merchandise next season. It's going to be the first NHL team to accept crypto.

FTX CEO Says Company Set to Spend Billions on Acquisitions: Bloomberg
cryptocurrency

FTX CEO Says Company Set to Spend Billions on Acquisitions: Bloomberg

Sam Bankman-Fried said his company is awash with excess liquidity and drawing on this, FTX Derivatives exchange is set to make a number of strategic acquisitions moving forward.

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets
cryptocurrency

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.

SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight
cryptocurrency

SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight

The U.S. SEC is in advanced discussions with BlackRock on a spot Bitcoin ETF, marking a significant moment in cryptocurrency's mainstream adoption.

UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia
cryptocurrency

UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia

The UN Office on Drugs and Crime's latest report reveals an alarming increase in cryptocurrency misuse and advanced technological crime in East and Southeast Asia. The study focuses on the challenges faced by law enforcement against the backdrop of evolving online casinos, cyberfraud, and tech-driven underground banking networks.

Hong Kong's First Spot Bitcoin ETF Gains Approval, Echoing US SEC's Move
cryptocurrency

Hong Kong's First Spot Bitcoin ETF Gains Approval, Echoing US SEC's Move

Hong Kong Securities and Futures Commission approves its first spot Bitcoin ETF, following the US SEC's lead, signaling a major milestone for cryptocurrency in mainstream finance.

Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations
cryptocurrency

Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations

Prosecution delves into allegations of cryptocurrency embezzlement & breach of trust against ex-Kakao chairman & affiliate executives, marking the start of a formal inquiry with the examination of the complainant on Oct 11.

Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government
cryptocurrency

Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government

The Japan Blockchain Association (JBA), led by Representative Director Yuji Kano of bitFlyer, submitted a proposal for cryptocurrency tax reforms to the government on July 28, 2023.

Algorand (ALGO) Foundation CEO's Social Media Hacked
cryptocurrency

Algorand (ALGO) Foundation CEO's Social Media Hacked

The Algorand Foundation CEO's social media account was hacked, raising significant cybersecurity concerns in the blockchain and cryptocurrency sectors.

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe
cryptocurrency

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

According to a recent report by Bitget Research, Western Europe is witnessing a significant rise in daily active crypto traders, with Germany and France leading the way. The study also highlights the region's strong engagement in decentralized finance (DeFi) and preference for centralized exchanges.

Intel Releases New Bitcoin Miner Hardware Specifications
cryptocurrency

Intel Releases New Bitcoin Miner Hardware Specifications

Intel released the technical specifications of its Bonanza Mine bitcoin miner hardware, saying that the miner provided greater efficiency than others in the market.

Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up
cryptocurrency

Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up

As cryptocurrency trading ramps up in the region, the Securities and Exchange Commission of Thailand (SEC) warns investors against unregulated crypto players.

Ethereum’s Dominance Increases by 19.13% as ETH Price Breaches $4,000
cryptocurrency

Ethereum’s Dominance Increases by 19.13% as ETH Price Breaches $4,000

Ethereum's current uptrend has resulted in an increase of its dominance by 19%.

Thailand Immigration Services to Implement the Idea of Virtual Visas
cryptocurrency

Thailand Immigration Services to Implement the Idea of Virtual Visas

Travelling to Thailand may become even more accessible, thanks to blockchain technology. Thai Immigration Officials are in the process of testing out an ‘eVOA’ service for tourists entering the country. As a result, physical copies of travel documents may no longer be necessary.

Bitzlato crypto firm taken down
cryptocurrency

Bitzlato crypto firm taken down

Europol: 46% of Bitzlato assets were unlawful. U.S. and European authorities confiscated $19.5 million in cryptocurrencies from crypto wallets.

Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
cryptocurrency

Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years

Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.

Bitcoin Surges to New ATH of $68,500 with Big Money Emerging as the Largest Catalyst
cryptocurrency

Bitcoin Surges to New ATH of $68,500 with Big Money Emerging as the Largest Catalyst

Bitcoin has scaled to heights not seen in its twelve-year journey by hitting a new all-time high (ATH) of 68,500.

Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban
cryptocurrency

Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban

Even though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed.

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients
cryptocurrency

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.

Australian Tax Office Requests Crypto Investors Follow the Rules
cryptocurrency

Australian Tax Office Requests Crypto Investors Follow the Rules

The Australia Tax Office wants crypto investors to accurately declare their assets for appropriate taxation.

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace
cryptocurrency

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit
cryptocurrency

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit

Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. The motion urges disclosure of trading strategies between March and May 2022, amidst indications of Citadel Securities' alleged intentions to short UST. Terraform Labs stresses the documents' importance in countering the SEC's fraud allegations, proposing a transfer to another court for a decision if necessary.

VanEck To Launch Bitcoin Futures ETF on Cboe Stock Exchange
cryptocurrency

VanEck To Launch Bitcoin Futures ETF on Cboe Stock Exchange

VanEck is preparing to launch its Bitcoin futures ETF after delays since winning the US Securities and Exchange Commission's (SEC) approval in late Oct.

Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March
cryptocurrency

Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March

The Japan Virtual and Crypto assets Exchange Association has reported that during the COVID-19 pandemic there has been a decline in active crypto-trading in Japan.

Binance Launches Airdrop Rewards and iPhone 15 Promotion for SOL and BNB Locked Products, and ETH Staking
cryptocurrency

Binance Launches Airdrop Rewards and iPhone 15 Promotion for SOL and BNB Locked Products, and ETH Staking

Binance, one of the leading cryptocurrency exchanges, has announced a new promotion that allows users to earn rewards by subscribing to SOL or BNB Locked Products, or staking ETH. Participants have the chance to share a portion of 140,000 PIXEL in airdrop rewards and even win an iPhone 15. The promotion is set to run from March 19, 2024, to March 31, 2024.

Josh Swihart Becomes CEO of Electric Coin Company (Zcash) as Zooko Wilcox Steps Down
cryptocurrency

Josh Swihart Becomes CEO of Electric Coin Company (Zcash) as Zooko Wilcox Steps Down

Josh Swihart replaces Zooko Wilcox as CEO of Electric Coin Company, bringing a strong background in technology and product development to drive the growth of Zcash.

Looking For a Data Scientist: Is NASA Interested in Launching  a New Cryptocurrency?
cryptocurrency

Looking For a Data Scientist: Is NASA Interested in Launching a New Cryptocurrency?

A few days ago, NASA advertised the position of data scientist with emphasis on cryptocurrency experience on LinkedIn platform. The move has stirred much speculation on whether the agency is intending to launch its own cryptocurrency. But let’s find out.

ANNA Develops New Technology Strategy On Digital Assets
cryptocurrency

ANNA Develops New Technology Strategy On Digital Assets

ANNA, a mnemonic for the Association of National Numbering Agencies apprised the public that it has developed a new technology task force on digital assets which will help to investigate the identification of digital assets in the likes of tokens and cryptocurrencies, blockchain technology.

Holon Partners with Gemini, Launches Australia’s Lowest Fee Crypto ETFs
cryptocurrency

Holon Partners with Gemini, Launches Australia’s Lowest Fee Crypto ETFs

Holon has launched Australia’s first unlisted retail Bitcoin, Ethereum and Filecoin funds. The crypto funds provide investors with low fees and regulated access to the burgeoning blockchain and crypto worlds.

Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe
cryptocurrency

Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe

German authorities seized 50,000 Bitcoins linked to a piracy website, with suspects transferring the digital currency to police wallets, causing uncertainty in cryptocurrency enforcement.

Gemini Expands Services to Six European Nations
cryptocurrency

Gemini Expands Services to Six European Nations

U.S-based cryptocurrency exchange Gemini has announced the launch of its services in six European Nations.

Square Reaches $3.5 Billion in Bitcoin Revenue in First Quarter of 2021
cryptocurrency

Square Reaches $3.5 Billion in Bitcoin Revenue in First Quarter of 2021

Square has reported a profit of $3.51 billion in Bitcoin for the first quarter of 2021.

OKX Exchange Announces Venom Network's VENOM Token Listing
cryptocurrency

OKX Exchange Announces Venom Network's VENOM Token Listing

Global crypto exchange OKX announces the listing of Venom Network's VENOM token on its spot market, expanding trading options with VENOM/USDT pair.

Cryptocurrency Is Not Just A Passing Fad: Morgan Stanley CEO
cryptocurrency

Cryptocurrency Is Not Just A Passing Fad: Morgan Stanley CEO

Although Morgan Stanley CEO, James Gorman, has revealed that cryptocurrency is not a large part of the bank’s business, he admitted that it is not a fad that will fade away.

Signature Bank Under Investigation by US Government Bodies
cryptocurrency

Signature Bank Under Investigation by US Government Bodies

Signature Bank is reportedly under investigation by both the Securities and Exchange Commission and the Department of Justice over concerns that the bank did not take adequate measures to detect potential money laundering by its clients. The bank was closed on March 12 as part of a series of bank closures that also included Silvergate Capital and Silicon Valley Bank.

UN Investigation Reveals DPRK's $3 Billion Crypto Cyberattack Scheme
cryptocurrency

UN Investigation Reveals DPRK's $3 Billion Crypto Cyberattack Scheme

The United Nations is probing DPRK-linked hacking groups for orchestrating cyberattacks on cryptocurrency firms, amassing $3 billion over six years to fund WMD development. These cybercrimes, targeting 58 companies, underscore a sophisticated operation defying international sanctions.

“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov
cryptocurrency

“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

Ramzan Kadyrov, the Head of the Chechen Republic has a strong distrust of Bitcoin, along with a profoundly confused understanding of BTC price.

Asset Tokenization to Expand into $16.1M Business Opportunity by 2030: BCG, ADDX Report
cryptocurrency

Asset Tokenization to Expand into $16.1M Business Opportunity by 2030: BCG, ADDX Report

Asset tokenization will expand into a US$16.1 million business opportunity by 2030, according to a report published by BCG and ADDX.

UK Parliament Committee Set Out Inquiry Into Risks and Benefits of NFTs
cryptocurrency

UK Parliament Committee Set Out Inquiry Into Risks and Benefits of NFTs

A group in the UK's House of Commons are now planning to launch an inquiry into the operation, risks, and benefits of NFTs and the blockchain at large, as well as to see how the industry could impart the UK economy.

Former OneCoin Executive Charged with Fraud
cryptocurrency

Former OneCoin Executive Charged with Fraud

Irina Dilkinska, a former executive of fraudulent cryptocurrency scheme OneCoin, has been charged with wire fraud and conspiracy to commit money laundering. Dilkinska faces up to 40 years in prison and is accused of aiding in the laundering of over $400 million of OneCoin's proceeds.

Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss
cryptocurrency

Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss

Dave Portnoy announced that he is done with cryptocurrency and Bitcoin after undergoing a loss of $25,000 due to market crash.

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index
cryptocurrency

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Cryptocurrency investment solution provider Intelligence Unit (IU) announced a partnership with Japanese-based consulting company Nomura Research Institute (NRI) to introduce a new cryptocurrency index, popularly known as IU/NRI Crypto-Asset Index.

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
cryptocurrency

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.

Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank
cryptocurrency

Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank

Marathon Digital Holdings Inc announced its financial results for the third quarter, indicating that the crypto mining firm recorded a 91% growth in revenues in Q3 compared to Q2.

Following Investigations in Brazil for Crypto Scams, Ronaldinho Faces Arrest for Using Fake Passport
cryptocurrency

Following Investigations in Brazil for Crypto Scams, Ronaldinho Faces Arrest for Using Fake Passport

Ronaldinho, the widely celebrated football player faces arrest for attempting to use fake passports to enter Paraguay after the scandal of his involvement in cryptocurrency scams.

Bitcoin’s Dominance Continues as BTC Undergoes Third Parabolic Advance with a Target of $240k
cryptocurrency

Bitcoin’s Dominance Continues as BTC Undergoes Third Parabolic Advance with a Target of $240k

Crypto trader Michael van de Poppe has delved deeper into Bitcoin's trend and indicated that BTC’s dominance will continue moving upwards.

Binance Australia Derivatives starts closing certain positions and accounts
cryptocurrency

Binance Australia Derivatives starts closing certain positions and accounts

Binance Australia Derivatives are for wholesale investors exclusively, according to a separate notification.

BTG Pactual Launches Stablecoin Backed by USD
cryptocurrency

BTG Pactual Launches Stablecoin Backed by USD

Brazilian investment bank BTG Pactual has launched its own stablecoin, BTG Dol, which is pegged to the value of the US dollar on a 1:1 ratio. The stablecoin will allow customers to "dollarize" a portion of their equity and will facilitate interaction between traditional finance and the digital economy.

US Government Is Likely to Ban Bitcoin, says Ray Dalio
cryptocurrency

US Government Is Likely to Ban Bitcoin, says Ray Dalio

The founder of Bridgewater Associates Ray Dalio has said that Bitcoin is likely to face a ban in the US just like the 1930s ban on gold.

MetaMask Launches "Buy Crypto" Feature
cryptocurrency

MetaMask Launches "Buy Crypto" Feature

MetaMask has launched a new feature allowing users to purchase crypto with fiat currency directly from its Portfolio Dapp. The "Buy Crypto" feature will enable MetaMask users to purchase a wide range of cryptocurrencies using various payment methods, and it takes into account several factors such as user location and local regulations. The funds will then be deposited directly into the user’s MetaMask wallet.

Why Bitcoin’s Bull Run Is More Sustainable This Time Around, BTC Clears $50K and Eyes $60,000
cryptocurrency

Why Bitcoin’s Bull Run Is More Sustainable This Time Around, BTC Clears $50K and Eyes $60,000

Bitcoin has surged to new highs and has cleared the psychological barrier of $50,000 successfully.

Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda
cryptocurrency

Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda

The bill to ban cryptocurrency trade in India has been left of its parliamentary winter session agenda, fueling speculation that there has been a change in strategy.

NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
cryptocurrency

NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan

Yuga Labs has come under fire from the cryptocurrency community for its plan to auction its new Bitcoin NFT collection. The company's plan requires participants to send their entire bid amount in Bitcoin to a unique BTC address controlled by Yuga, and winners would pay up the BTC they bid while Yuga said it would return BTC to those unsuccessful in placing a top bid. The manual refund process for unsuccessful bids and the potential for significant price discrepancies in the top 288 bids have led to criticism from some within the crypto community.

American Fugitive Wanted for $722 Million Crypto Scam Arrested in Indonesia for Child Sex Offenses
cryptocurrency

American Fugitive Wanted for $722 Million Crypto Scam Arrested in Indonesia for Child Sex Offenses

An American fraud fugitive wanted by the US Federal Bureau of Investigation (FBI) for a $722 million cryptocurrency scam has been nabbed in Jakarta, Indonesia, for child sex crimes.

Central African Republic to Launch Sango Coin Cryptocurrency Next Week
cryptocurrency

Central African Republic to Launch Sango Coin Cryptocurrency Next Week

The latest move by the Central African Republic comes after it adopted Bitcoin as legal tender in April. The African country plans to adopt cryptocurrency to revitalize its economy.

Finland Tracks Monero in High-Profile Cybercrime Cas
cryptocurrency

Finland Tracks Monero in High-Profile Cybercrime Cas

Finnish authorities traced Monero transactions in the Julius Aleksanteri Kivimäki trial, highlighting challenges in tracking privacy-focused digital currencies, a significant development in cryptocurrency-related cybercrime investigations.

Dunamu's Upbit Reports 81% Profit Drop in Q3 2023
cryptocurrency

Dunamu's Upbit Reports 81% Profit Drop in Q3 2023

Upbit's owner, Dunamu, is facing an 81% drop in Q3 2023 profits due to falling crypto prices and a sluggish investment environment.

Cryptocurrency Hackers Target Trump Presidential Campaign Website with Monero Scam Addresses
cryptocurrency

Cryptocurrency Hackers Target Trump Presidential Campaign Website with Monero Scam Addresses

US President Donald Trump’s 2020 presidential campaign website was briefly compromised yesterday in an attempt by hackers to gain cryptocurrency funds.

CoinGecko: 2024 Q1 Strong Crypto Industry Growth Propels Market Cap to $2.9 Trillion
cryptocurrency

CoinGecko: 2024 Q1 Strong Crypto Industry Growth Propels Market Cap to $2.9 Trillion

CoinGecko's recently released 2024 Q1 Crypto Industry Report reveals significant growth in the cryptocurrency market, with the total market cap reaching $2.9 trillion. The report covers various aspects, including the performance of Bitcoin and Ethereum, the rise of decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and the performance of centralized and decentralized exchanges.

Polkadot Synthetic Asset Protocol Tapio Acquires $4m in Funding
cryptocurrency

Polkadot Synthetic Asset Protocol Tapio Acquires $4m in Funding

Tapio protocol, on Monday, announced it had raised a total of $4 million in funding from Polychain, Hypersphere, and Arrington to usher a unified liquidity standard to Polkadot.

Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin
cryptocurrency

Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin

Bitcoin and Ethereum prices have been reported to be unaffected by the security breach that impacted coin exchange KuCoin and that resulted in a loss of $150M.

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China
cryptocurrency

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.

Bitcoin Sees Record Inflows into Accumulation Addresses Despite Overheating Signals
cryptocurrency

Bitcoin Sees Record Inflows into Accumulation Addresses Despite Overheating Signals

Bitcoin has seen record inflows into accumulation addresses indicating strong demand, however on-chain analysts warn the rapid price rise has led to an overheated bull market with risks of selling by miners and traders.

Maximizing Returns: Strategic Insights on Selling Airdropped Tokens
cryptocurrency

Maximizing Returns: Strategic Insights on Selling Airdropped Tokens

CoinGecko's study on airdropped tokens reveals early selling is crucial for profit maximization, with significant gains observed in 23 out of 50 largest airdrops.

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam
cryptocurrency

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.

IRS Delays Crypto Reporting Requirements for US Businesses
cryptocurrency

IRS Delays Crypto Reporting Requirements for US Businesses

The IRS delays enforcing crypto transaction reporting requirements for US businesses, pending a comprehensive regulatory framework. This follows the crypto community's concerns over the practical challenges of complying with the Infrastructure Investment and Jobs Act's rules.

ISIS Millions Could Be Hidden in Cryptocurrency Ready-to-Fund War Chest
cryptocurrency

ISIS Millions Could Be Hidden in Cryptocurrency Ready-to-Fund War Chest

There is fear that missing ISIS’s £246 million may have been hidden in cryptocurrency waiting to be used for war chest.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments
cryptocurrency

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

BIS to Adopt DeFi Implementation in Forex CBDC Markets
cryptocurrency

BIS to Adopt DeFi Implementation in Forex CBDC Markets

The Bank for International Settlements (BIS), along with the “Eurosystem” – central banks of France, Singapore, and Switzerland will be launching a new project called “Project Mariana.”

FIS Partners with Fireblocks to Enable Capital Market Clients to Access Crypto Products
cryptocurrency

FIS Partners with Fireblocks to Enable Capital Market Clients to Access Crypto Products

The partnership between FIS and Fireblocks is set to enable capital markets buy-side, sell-side and corporate companies to gain access to the major crypto trading avenues.

Peter Schiff Criticizes Investors who Succeeded in Getting Wall Street to Buy into the Bitcoin Mania
cryptocurrency

Peter Schiff Criticizes Investors who Succeeded in Getting Wall Street to Buy into the Bitcoin Mania

Peter Schiff has yet again expressed his disappointment at BTC proponents that has stirred increased Wall Street participation in crypto.

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”
cryptocurrency

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”

Ethereum co-creator has downplayed the partnership between HTC and Midas Labs, which enables Monero mining on mobile phones.

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility
cryptocurrency

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

As Bitcoin breaks $21,000, it may be easy for new investors to want to join the crypto bandwagon before evaluating risks associated with this asset class.

Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned
cryptocurrency

Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned

Binance's recent burning of 5.57 billion Terra Luna Classic tokens has significantly reduced LUNC supply, leading to a 7% increase in LUNC and USTC prices.

Paradigm Targets Record-Breaking $850M Raise for New Crypto Fund
cryptocurrency

Paradigm Targets Record-Breaking $850M Raise for New Crypto Fund

Paradigm is in talks to secure up to $850 million for a new fund, potentially marking the largest crypto-focused fundraise since May 2022.

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange
cryptocurrency

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange

Chief Technology Officer of CEX crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin.

Hong Kong Outlines New Rules For Crypto Futures ETF Issuers
cryptocurrency

Hong Kong Outlines New Rules For Crypto Futures ETF Issuers

The Securities and Futures Commission (SFC) of Hong Kong, on Monday, published a detailed circular of the requirements exchange-traded fund managers need to meet to list their crypto products in the city.

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves
cryptocurrency

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.

Google Search Trends Show a Strong Correlation with Bitcoin Price
cryptocurrency

Google Search Trends Show a Strong Correlation with Bitcoin Price

Google search trends have been positively correlated with Bitcoin price based on the current market trend.

SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach
cryptocurrency

SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach

The SEC's social media account was compromised, leading to false Bitcoin ETF approval news. This incident has prompted calls for congressional investigation into the SEC for potential market manipulation and cybersecurity lapses.

Demand for Blockchain Courses Available at 56% of the Top 50 Universities
cryptocurrency

Demand for Blockchain Courses Available at 56% of the Top 50 Universities

Cryptocurrency trading platform Coinbase brought to light new research highlighting 56% of the top 50 universities now offering one or more classes on cryptocurrency and blockchain technology.

Investors Need to Accept the Trajectory and Level of Volatility in Bitcoin, Says SkyBridge Capital Founder
cryptocurrency

Investors Need to Accept the Trajectory and Level of Volatility in Bitcoin, Says SkyBridge Capital Founder

Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, believes that as Bitcoin (BTC) continues being widely adopted, investors ought to accept the trajectory and level of volatility in the leading cryptocurrency.

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract
cryptocurrency

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.

US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack
cryptocurrency

US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack

German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.

US Treasury Invites Public Opinions on Digital Assets Framework
cryptocurrency

US Treasury Invites Public Opinions on Digital Assets Framework

The US Treasury Department has requested US citizens to comment on how Biden's Executive Order on digital assets could be streamlined and modernized.

WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use
cryptocurrency

WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use

China’s WeChat, the Tencent-backed social messaging platform, has indirectly announced its plans to crack down on accounts on the platform that are linked to digital currencies and NFTs.

Upcoming Movie Storyline Focuses on Anonymous Bitcoin Creator Satoshi Nakamoto
cryptocurrency

Upcoming Movie Storyline Focuses on Anonymous Bitcoin Creator Satoshi Nakamoto

Decrypted, a movie speculated to be released by December 1, 2020, focuses on Satoshi Nakamoto’s persona as part of their story outline.

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary
cryptocurrency

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary

After being nominated by President Joe Biden, the United States Senate has now confirmed former Federal Reserve Chair Janet Yellen to serve as Treasury Security.

Bitcoin Dips to Lowest Level in Five Months below $39K
cryptocurrency

Bitcoin Dips to Lowest Level in Five Months below $39K

It is the second time this year that bitcoin has fallen below $40,000 hitting $38,642 mid-way through the Asia trading session.

Russia’s Tinkoff Faces Regulatory Challenges to Offer Crypto Investments
cryptocurrency

Russia’s Tinkoff Faces Regulatory Challenges to Offer Crypto Investments

Tinkoff's CEO complained that Russia's biggest online bank is unable to offer cryptocurrencies for clients due to the tough stance from Russia's central bank.

China Evergrande's Financial Crisis Triggered Monday's Sell-off, Crypto Prices Follow the Slump
cryptocurrency

China Evergrande's Financial Crisis Triggered Monday's Sell-off, Crypto Prices Follow the Slump

The Crypto market slumped as fueled by the financial crises of China Evergrande.

Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter
cryptocurrency

Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter

After declaring that he may be quitting crypto trading altogether, Dave Portnoy is now hinting that he will “save Bitcoin and crypto.”

FTX Japan users withdraw funds amid litigation
cryptocurrency

FTX Japan users withdraw funds amid litigation

Due to the large number of FTX-SBF victims, payment is projected to take time.

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?
cryptocurrency

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

A leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.

Crypto-Related Funds Witnesses Slow Down of Money Outflow
cryptocurrency

Crypto-Related Funds Witnesses Slow Down of Money Outflow

The third quarter of 2022 has witnessed a slowdown in money flowing out of crypto-related funds, according to a report from Bloomberg on October 1, 2022.

Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa
cryptocurrency

Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa

Fonbnk and Tanda have partnered to launch an airtime trading marketplace in East Africa, allowing micro-entrepreneurs to earn revenue and store their profits in dollarized stablecoins. The partnership increases liquidity in the marketplace through the buying and selling of prepaid airtime for profit, providing more earning opportunities and creating a growth flywheel effect through improved liquidity and marketplace efficiency.

Class-Action Lawsuit Filed against MoneyGram for Allegedly Misleading Investors with XRP
cryptocurrency

Class-Action Lawsuit Filed against MoneyGram for Allegedly Misleading Investors with XRP

MoneyGram is currently facing a class-action lawsuit for allegedly misleading investors with XRP.

CCI Poll Highlights Crypto Influence on 2024 US Election
cryptocurrency

CCI Poll Highlights Crypto Influence on 2024 US Election

The CCI poll indicates that 83% of crypto-focused voters are expected to be a significant swing bloc in the 2024 US elections.

Coinbase Going Public via Direct Listing on Nasdaq to be Expected as SEC Publishes Registration Statement
cryptocurrency

Coinbase Going Public via Direct Listing on Nasdaq to be Expected as SEC Publishes Registration Statement

Coinbase cryptocurrency exchange is officially going to be listed on NASDAQ as a publicly-traded company.

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
cryptocurrency

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin

Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.

Why the World Needs a Blockchain Consensus Operating System
cryptocurrency

Why the World Needs a Blockchain Consensus Operating System

The true potential of blockchain to transform the lives of people around the world has clearly not been realised.

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume
cryptocurrency

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume

The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.

CoinList announces Bondex (BNDX) community sale with Revised Participation Model
cryptocurrency

CoinList announces Bondex (BNDX) community sale with Revised Participation Model

CoinList announces Bondex's community sale with new user-friendly updates, including a 7-day purchase window and no queues. Token listing expected on June 11, 2024.

Bitcoin Inches Closer to a Market Value of $1 Trillion
cryptocurrency

Bitcoin Inches Closer to a Market Value of $1 Trillion

Bitcoin is making notable strides because its current bull run has resulted in its market value being a stone’s throw away from the $1 trillion mark.

CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE
cryptocurrency

CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE

CoinCorner has inked a strategic partnership with the Seed Group to offer residents of the United Arab Emirates an avenue to transact in digital currencies.

Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII
cryptocurrency

Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII

In 2022, major crypto businesses released Super Bowl LVI ads, but at least four 2023 agreements failed to reach the endzone.

FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'
cryptocurrency

FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'

FTX co-founder and Chief Executive Officer Sam Bankman-Fried said some tokens could be classified as securities and those that are not, urging a federal oversight of the crypto industry.

Japan Moves to Boost VC Investments in Web3 Companies Through Cryptocurrency Acquisition Bill
cryptocurrency

Japan Moves to Boost VC Investments in Web3 Companies Through Cryptocurrency Acquisition Bill

Japan's government plans to amend LPS laws to allow cryptocurrencies acquisition and holding, aiming to simplify investment processes and support Web3 businesses, boosting domestic startups.

US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe
cryptocurrency

US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe

The US Department of Justice has seized $24 million in cryptocurrencies following investigations linked to online investment fraud.

Bitcoin's Key Support Level is at $27000-27,500 if BTC Pullbacks below $30,000, says Analyst
cryptocurrency

Bitcoin's Key Support Level is at $27000-27,500 if BTC Pullbacks below $30,000, says Analyst

Alex, a market and crypto analyst, has acknowledged that the $27,000-27,500 is the critical support level, which ought to be watched.

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown
cryptocurrency

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.

U.S. Seizes $1.4M in Tether Linked to Tech Support Scam Targeting Elderly
cryptocurrency

U.S. Seizes $1.4M in Tether Linked to Tech Support Scam Targeting Elderly

The U.S. Attorney's Office in Chicago has seized approximately $1.4 million in Tether (USDT) linked to an alleged tech support scam that primarily targeted elderly victims across the United States.

XRP Holders File Motion to Intervene in Ripple Case as SEC Blamed for Causing "Multi-Billion-Dollar Losses"
cryptocurrency

XRP Holders File Motion to Intervene in Ripple Case as SEC Blamed for Causing "Multi-Billion-Dollar Losses"

On behalf of XRP holders, attorney John E. Deaton has filed a motion to intervene in the lawsuit opposing Ripple Labs and the SEC.

South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities
cryptocurrency

South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities

South Korea’s parliament has put forward a bill that could see crypto profits taxed by up to 20% as members argue that cryptocurrencies are commodities.

Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter
cryptocurrency

Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter

Brian Armstrong, Coinbase CEO, believes that blockchain will help the crypto space to reach 5 billion users.

Ethereum Price on the Verge of Surpassing its All-Time High of $1400, Bitcoin Consolidates
cryptocurrency

Ethereum Price on the Verge of Surpassing its All-Time High of $1400, Bitcoin Consolidates

Ethereum’s price has been on the rise, up 11% in the last 24 hours. On its end, Bitcoin has been consolidating and trading above the $35,500 level.

Ways DeFi is Changing Finance and its Stand in 2020
cryptocurrency

Ways DeFi is Changing Finance and its Stand in 2020

Decentralized finance (DeFi) is the bridge between traditional centralized currency and decentralized cryptocurrencies like Bitcoin, Ethereum. Here's how it's changing finance.

Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation
cryptocurrency

Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation

A joint strike action between Europol and other international crime enforcement agencies has led to the arrest of two ransomware gang members.

LSG Group Says Crypto Exchanges Dealing in Russia Could See Setbacks
cryptocurrency

LSG Group Says Crypto Exchanges Dealing in Russia Could See Setbacks

The head of the London Stock Exchange Group said that cryptocurrency exchanges engaging with Russia could see negative consequences as Western governments look for ways to tackle Moscow's invasion of Ukraine.

Galaxy Digital CEO Michael Novogratz on Bearish Bitcoin, Libra Hearing and Regulator Angst
cryptocurrency

Galaxy Digital CEO Michael Novogratz on Bearish Bitcoin, Libra Hearing and Regulator Angst

Michael Novogratz, CEO, and Chairman of Galaxy Digital recently appeared on CNBC’s “Squawk Box” where he answered questions on Bitcoin’s bearish trend, Zuckerberg’s appearance on Capitol hill and the sentiment driving regulators of the crypto market.

3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows
cryptocurrency

3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows

The year 2022 holds a lot of promises for the broader digital currency industry as a forecast from Insider Intelligence shows adoption of crypto payment will continue to rise.

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases
cryptocurrency

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.

Visa Integrating Cryptocurrency Services into Brazilian Banks
cryptocurrency

Visa Integrating Cryptocurrency Services into Brazilian Banks

Visa is further expanding its cryptocurrency services. The payment giant firm is working in Brazil to integrate cryptocurrency services into the local banking system.

Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method
cryptocurrency

Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method

The transaction volume of Litecoin spiked by 55% two days after Pornhub added LTC as a new mode of payment.

CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions
cryptocurrency

CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions

CipherTrace launches Armada to fix the blind spot in cryptocurrency compliance

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder
cryptocurrency

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Isaiah Jackson, the author of “Bitcoin & Black America”, described cryptocurrency as a way to address income inequality in society.

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms
cryptocurrency

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms

Upbit has now registered with FIU as other exchanges move to follow this lead before the September 24 regulation deadline.

Crypto.com Launches Turkish Language Version of App and Crypto Exchange
cryptocurrency

Crypto.com Launches Turkish Language Version of App and Crypto Exchange

Crypto.com are services for Turkey, a rapidly emerging digital market with a strong affinity for and a high adoption rate of cryptocurrency and blockchain technology.

Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
cryptocurrency

Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses

Tether has frozen 32 cryptocurrency addresses tied to terrorism funding in Israel and Ukraine, manifesting the growing partnership between crypto firms and global law enforcement to combat digital-financed crime.

Goldman Sachs Tells Investors Bitcoin Not Worthy of Investment
cryptocurrency

Goldman Sachs Tells Investors Bitcoin Not Worthy of Investment

The recent announcement that Goldman Sachs would be holding an investor conference call event to further discuss inflation, gold, and Bitcoin had captured the attention of the entire cryptocurrency industry. The investment bank called investors to discuss the “US Economic Outlook & Implications of Current Policies for Inflation, Gold, And Bitcoin”.

El Salvador Standing by to Rollout 200 ATMs for Converting Bitcoin to Cash
cryptocurrency

El Salvador Standing by to Rollout 200 ATMs for Converting Bitcoin to Cash

El Salvador is preparing to launch the initial 200 ATMs that will enable conversion of Bitcoin to cash. President Bukele said that the use of Bitcoin will not be mandatory.

No Plans to Launch Crypto Platform Yet: Nasdaq
cryptocurrency

No Plans to Launch Crypto Platform Yet: Nasdaq

Nasdaq plans to wait for further clarity in terms of crypto adoption globally, the company’s executive vice president and head of North American markets said.

Japanese Crypto Exchange Relaunches XRP Trading, Will Other Exchanges Relist XRP?
cryptocurrency

Japanese Crypto Exchange Relaunches XRP Trading, Will Other Exchanges Relist XRP?

It appears that Japanese crypto exchange Decurret has reinstated XRP cryptocurrency trades on its platform, amid the Securities and Exchange Commission’s lawsuit against Ripple.

Illicit Transaction Activity Hit All-time High in Value in 2021: Chainalysis
cryptocurrency

Illicit Transaction Activity Hit All-time High in Value in 2021: Chainalysis

The latest report suggests cryptocurrency-based crime hit a new all-time high in 2021, with illicit addresses receiving $14 billion in 2021, which amount was doubled to 2020, according to Chainalysis.

Bitzlato Partially Restores User Access
cryptocurrency

Bitzlato Partially Restores User Access

Bitzlato, a Russia-linked cryptocurrency exchange, has enabled its users to withdraw up to 50% of their assets stuck on the platform due to enforcement from the United States and Europol, with the help of a Telegram bot.

Japan's FSA Warns Binance and Others for Operating Without Registration
cryptocurrency

Japan's FSA Warns Binance and Others for Operating Without Registration

Japan's Financial Services Agency (FSA) has warned several foreign cryptocurrency exchanges, including Binance, of conducting business in the country without proper registration, violating the nation's fund settlement laws. The FSA has been cracking down on unregistered crypto exchanges since 2020, and this warning signifies that the cryptocurrency industry in Japan and other nations is facing greater regulatory scrutiny.

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments
cryptocurrency

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

The OFAC may begin sanctioning US nationals and institutions that help facilitate payments in a ransomware attack.

Bitget Launches Blockchain4Youth Initiative
cryptocurrency

Bitget Launches Blockchain4Youth Initiative

Bitget has announced the launch of its new corporate social responsibility project, Blockchain4Youth, which will provide blockchain courses and certifications, host campus lectures in partnership with universities worldwide, and incubate innovative projects by young entrepreneurs. The initiative will commence with a series of campus lectures on Web3 held in universities across Taiwan, Vietnam, and Thailand. Bitget plans to allocate $10 million over five years towards this project.

Robinhood to Roll Out New Features for Dogecoin and Other Cryptocurrencies as GameStop Hearing Looms
cryptocurrency

Robinhood to Roll Out New Features for Dogecoin and Other Cryptocurrencies as GameStop Hearing Looms

Robinhood announced its intention to implement cryptocurrency deposits and withdrawals.

"Cryptocurrencies are the Future of Money, Bitcoin Is Not" says Economist
cryptocurrency

"Cryptocurrencies are the Future of Money, Bitcoin Is Not" says Economist

Professor Steve Hanke says that cryptocurrencies backed by a currency board are the future of money, but not Bitcoin.

QuadrigaCX Bankruptcy Trustee Announces Interim Distribution of Funds
cryptocurrency

QuadrigaCX Bankruptcy Trustee Announces Interim Distribution of Funds

QuadrigaCX's bankruptcy trustee, Ernst & Young, has announced an interim distribution of funds to the exchange's creditors. The announcement was made in consultation with estate inspectors, and a Notice to Affected Users will be posted soon with further details. However, some affected users may receive a Notice of Disallowance of Claim, with the right to appeal.

Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs
cryptocurrency

Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs

The U.S. SEC, under Chair Gary Gensler, has approved several spot Bitcoin ETFs, a significant regulatory shift influenced by a court victory by Grayscale. This decision marks a new era in cryptocurrency regulation, signaling greater acceptance and potential mainstream adoption of digital assets.

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment
cryptocurrency

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.

Tech Experts Urge Regulators to be Sceptical on Digital Currencies Innovation
cryptocurrency

Tech Experts Urge Regulators to be Sceptical on Digital Currencies Innovation

A group of technology innovators has sent a letter to the United States Congressional Leadership, Committee Chairs, and ranking members, urging them to take a sceptical approach to cryptocurrency innovations.

Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
cryptocurrency

Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter

Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.

SEC's Delay on BlackRock Ethereum ETF Decision Signals Cautious Stance
cryptocurrency

SEC's Delay on BlackRock Ethereum ETF Decision Signals Cautious Stance

The SEC has postponed its decision on BlackRock's proposed Ethereum ETF to March 10, 2024. This reflects the regulator's cautious approach toward crypto-based investment products and highlights the need for clearer regulatory frameworks in the digital assets space.

Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways
cryptocurrency

Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways

The Bitcoin price has stagnated, trending sideways between $32,000 and $34,000—but recognizing BTC’s true value is not all about price says Bitfinex CTO Paolo Ardoino.

Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs
cryptocurrency

Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs

Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists.

Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape
cryptocurrency

Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape

Finder has placed the global crypto adoption rate at 19%, with Bitcoin being the most accumulated asset. Hong Kong ranks second for Bitcoin holding amid changing political landscape.

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails
cryptocurrency

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

BTC Markets, the largest cryptocurrency exchange in Australia, has accidentally exposed customers’ data, an incident that has put users at risk of phishing attacks.

Developer Turns $700 into $6,000,000 in Four Months
cryptocurrency

Developer Turns $700 into $6,000,000 in Four Months

In a tale that seems to come straight out of a rags-to-riches novel, one user has managed to turn a humble $700 investment into a staggering $6,000,000 in just four months.

Meta to Shut Down Novi Crypto Wallet in September
cryptocurrency

Meta to Shut Down Novi Crypto Wallet in September

Although Meta Inc said it will end the Novi digital Wallet, the firm plans to continue executing its existing fintech goals to boost greater financial inclusion as it looks ahead to the metaverse.

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
cryptocurrency

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade

The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.

XRP Investors Looking to Join XRP Case Trigger Different Reactions from The SEC and Ripple
cryptocurrency

XRP Investors Looking to Join XRP Case Trigger Different Reactions from The SEC and Ripple

While the Securities and Exchange Commission has opposed XRP holders' motion to intervene, Ripple seems to think it should be approved by the court.

Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?
cryptocurrency

Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?

As the second round of the US economic stimulus package is about to begin, crypto experts have been speculating on whether Americans will once again redirect their stimulus checks towards Bitcoin investments.

Elliptic Discovery Established to Seamlessly Assist Banks in Crypto-Asset Decisions
cryptocurrency

Elliptic Discovery Established to Seamlessly Assist Banks in Crypto-Asset Decisions

Elliptic, a London-based provider of crypto-asset risk management solutions, has revealed the launch of Elliptic Discovery, a database of more than 200 worldwide crypto exchanges, that is purposely built for banks in their quest to determine the flow of funds into and out of crypto-assets.

South Korea Probes OKX for Unregistered Operations
cryptocurrency

South Korea Probes OKX for Unregistered Operations

South Korean financial authorities are investigating OKX, a cryptocurrency exchange, for potentially operating without proper registration, following allegations from the Digital Asset Exchange Association.

Twitter Massive Hack Attack Traced Back to Crypto Wallet Using BitPay and Coinbase
cryptocurrency

Twitter Massive Hack Attack Traced Back to Crypto Wallet Using BitPay and Coinbase

In the massive Bitcoin scheme that happened earlier this week, reputed coin exchanges such as Binance, Gemini, and Coinbase were targeted by crypto scammers, and officials have been hard at work investigating the digital trail that may lead back to the crypto scammers.

Kraken Brings Crypto Asset Liquidity to Skrill and Neteller
cryptocurrency

Kraken Brings Crypto Asset Liquidity to Skrill and Neteller

Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.