digital assets

Bitcoin's price has been trending lower, currently trading below the $27,500 pivot level. The downward movement may be attributed to rising tensions in the Israel-Hamas conflict. The situation has escalated, with over 1,200 reported deaths on the Israeli side. Bitcoin is facing resistance near th ...

The North American Securities Administrators Association (NASAA) has filed an amicus curiae in support of the U.S. Securities and Exchange Commission (SEC) in its lawsuit against Coinbase. The NASAA argued that digital assets should not be treated as "somehow special" and that the SEC's actions agai ...

Singapore's Monetary Authority (MAS) has issued Ripple a comprehensive license for providing cryptocurrency services. This license represents the practicality of crypto solutions for both businesses and financial institutions, underlining a significant advancement toward the broader adoption of digi ...

As of my last knowledge update in September 2021, there was no information available about Honda accepting cryptocurrencies like Bitcoin and Ethereum for vehicle purchases. However, the cryptocurrency space is rapidly evolving, and it's possible that developments have occurred since then. The new ...

Recent developments in the crypto space in Hong Kong could potentially boost cryptocurrency activity in East Asia, which has been impacted by China's ban on trading activities since 2019. According to a report by Chainalysis, cryptocurrency value received in East Asia accounted for just 8.8% of the ...

Mário Centeno, the Governor of Banco de Portugal, has joined the growing number of regulators advocating for a global framework to regulate cryptocurrencies effectively. In his opening speech at the 2023 Banco de Portugal Financial Stability Conference on October 2, Centeno emphasized the need for i ...

Recent developments in Hong Kong are poised to breathe new life into the cryptocurrency scene in East Asia. This region has faced significant challenges, primarily due to China's comprehensive ban on cryptocurrency trading activities that have been in place since 2019. However, the tide may be turni ...

Coinbase International Exchange, holding a class F license from the Bermuda Monetary Authority (BMA), has announced that it has obtained additional regulatory approval to offer perpetual futures trading to non-US retail customers. Coinbase International had previously launched crypto derivatives ...

Hong Kong is progressing towards the development of stablecoin regulations, with the final guidelines expected to be unveiled by 2024, as per disclosures by legislator Duncan Chiu. Over the past two years, Hong Kong has been diligently crafting regulations for stablecoins, with the Hong Kong Monetar ...

In response to a recent report from its tax watchdog, South Korea is exploring revisions to its tax framework to crack down on unreported overseas earnings, particularly in digital currencies, stocks, and other financial assets. The National Tax Service (NTS) report has revealed that approximatel ...

Exploring XRP: A Concise History of the Real-Time Gross Settlement System While Ripple faces its fair share of criticism, a dedicated community of XRP enthusiasts firmly believes in its potential to shape the future of decentralized finance and cross-border settlements. In this c ...

Coinbase, one of the leading cryptocurrency exchanges, is exploring the concept of "flatcoins," which its CEO, Brian Armstrong, believes could be the next evolution of stablecoins. In a recent interview with Yahoo Finance, Armstrong shared his thoughts on flatcoins, stating that they are "the next i ...

As the cryptocurrency industry navigates a period of sideways trading, it presents an opportunity for investors to consider their options carefully. While some digital assets may appear appealing, it's essential to exercise caution, as not all cryptocurrencies are equally sound investments. Finbo ...

Hong Kong's Animoca Brands, a formidable web3 investor with a primary focus on gaming and the metaverse, has set the stage for a remarkable transformation with a resounding $20 million boost for its visionary project, Mocaverse. At its core, Mocaverse is dedicated to constructing web3-native tools t ...

Klever Wallet has introduced XRP to its growing list of supported cryptocurrencies for swapping, offering users the ability to exchange it for BTC, ETH, BNB, USDT, USDC, and TUSD. XRP, recognized as the only digital asset with regulatory clarity in the United States, has received a significant bo ...

Tom Emmer, the Majority Whip of the U.S. House of Representatives and a vocal critic of the Securities Exchange Commission (SEC) regarding its handling of cryptocurrency, has once again taken aim at the SEC's actions. Emmer's recent move is a significant amendment that spotlights what he sees as ove ...

The Future of Bitcoin: Insights from Industry Leaders Bitcoin’s Evolution and the Road Ahead The journey of Bitcoin has been nothing short of remarkable. From obscurity to mainstream recognition, it has endured skepticism, volatility, and regulatory scrutiny. Yet ...

Cryptocurrency exchange Bitget has introduced forced first-level verification for users. The company announced this on its blog. Exchange officials say the measure is intended to "better protect the rights and interests of users, comply with regulatory requirements in the cryptocurrency sector an ...

Cryptocurrency exchange Bybit said it is ready to open spot trading with the PayPal USD (PYUSD) stablecoin in the near future. According to the exchange's statement, users can already make deposits in PYUSD, and the issue of listing the steiblcoin is already being addressed. Deposits and withd ...

Former US President Donald Trump earned $4.9 million from NFT collections. He currently holds $2.8 million on an Ethereum wallet. Previously, the former president criticized cryptocurrencies and called them a "scam". ...

The Financial Times reports that major traditional financial institutions, including Standard Chartered, Nomura and Charles Schwab, are developing their own cryptocurrency trading platforms. It certainly makes sense for Wall Street giants to launch their own cryptocurrency ...

Police in South Korea announced the elimination of two fraudulent cryptocurrency schemes whose organizers managed to lure investors for about $360 million. Suwon County Prosecutor's Office said the originators of one of the scams positioned themselves as a P2P site for tr ...

U.S. presidential candidate Robert Kennedy Jr. again supported bitcoin and said that the SEC should not have people opposed to cryptocurrencies.</div In a recent interview, Robert F. Kennedy Jr. Kennedy Jr.) criticized the securities regulator for its bias against crypto ...

The platform will implement a program to block crypto-assets at the request of authorities Previously, 5 local crypto-exchanges introduced the mechanism South Korea is strengthening controls over digital assets The South Korean National Police Agency ...

A Twitter poll initiated by the head of MicroStrategy has gone viral on the subject of whether U.S. presidential candidates should support people's right to use cryptocurrencies. As the 2024 presidential election draws near, the debate is also going viral among crypto-enthu ...

The Bali government is going to fight the use of cryptocurrency by tourists as a means of payment in hotels, restaurants, shopping malls and other tourist spots. "Foreign tourists who behave inappropriately and commit acts that are not allowed by their vis ...

European Securities and Markets Authority (ESMA) has published an official warning about the risks of investing in cryptocurrencies, which remain relevant until the entry into force of the law on the regulation of cryptocurrencies in the European Union (MiCA). ESMA states t ...

The level of acceptance among the public will be extremely low The Central Bank proposes a study on the real demand for cryptocurrencies After that, the regulator and government promise to consult on a regulatory framework for the industry The Kenyan ...

European Systemic Risk Board (ESRB) called on European authorities to ban the possibility of using borrowed funds for cryptocurrency trading. For this purpose the regulator proposes to set restrictions for investment funds, cryptocurrency exchanges and other organizations ...

Participants of the World Economic Forum (WEF) presented recommendations on the regulation of digital assets. The guide was compiled in conjunction with the Digital Currency Management Consortium, part of the WEF. The authors of th ...

Binance, the largest cryptocurrency exchange, announced the imminent shutdown of 11 trading pairs with the Australian dollar. Access to trading pairs will be disabled on June 1. Spot trading will cease at 6am UTC for ADA/AUD, AUD/BUSD, AUD/USDT, BNB/AUD, BTC/AUD, DOGE/AUD, ...

The Commissioner of the U.S. Commodity Futures Trading Commission (CFTC) said she is ready to regulate cryptoindustry with the U.S. Securities and Exchange Commission (SEC). Christy Goldsmith Romero said the regulator is now conducting several major investigations related ...

The International Organization of Securities Commissions (IOSCO) put up for public discussion proposals for regulation of the markets of cryptocurrencies and digital assets. The IOSCO supervisory body submitted for discussion by the participants of the international associa ...

In one week in Ukraine there will be Crypto | Verse Conference - an event in the Ukrainian market, which will be a platform for discussing the prospects of cryptocurrencies, their benefits for business and financial inclusion, the use of blockchain technology and CBDC, NFT, decentralized finance ...

Apple's policy has become more crypto-friendly Apple giant previously allowed the Axie Infiinity app NFT Stepn sneakers can now be bought and sold directly in the iOS app. Подойдут любые карты, привязанные к Apple Pay. ...

Cryptocurrency exchange Gemini reported that Digital Currency Group (DCG), the parent company of Genesis, missed a $630 million payment due to the exchange last week. Gemini and Genesis continue dispute over Gemini Earn program. Genesis' decision to close customer with ...

Belarusian citizens who organized a cryptocurrency exchange are prosecuted. Law enforcers accused two Minsk residents of exchanging digital assets and fiat currency, which brought a profit of 5 million Belarusian rubles ($1.7 million). Belarusian Interior Ministry assure ...

He will be the first in history to accept BTC donations If elected president, he has promised to make sure the U.S. remains a bitcoin hub While speaking at the Bitcoin 2023 conference, Robert F.. Kennedy Jr. says he will accept campaign donations in BTC. He also ...

Cryptocurrency investment company Hashkey Group plans to raise up to $200 million by taking advantage of Hong Kong digital assets. It writes Bloomberg. The HashKey Group itself is now valued at more than $1 billion. The company is ...

U.S. presidential candidate, who has consistently supported digital assets, called the first cryptocurrency an example of democracy. "Everyone is so enthusiastic about bitcoin, not just because it's a currency, but because it's an exercise in democracy," said ...

The exchange likes regulation "by engaging." Coinbase is integrating a local payment network into its platform Cryptocurrency exchange Coinbase said it likes cryptocurrency regulations in Canada. The exchange is currently in conflict with the SEC because the U ...

Chairman of the Commodity Futures Trading Commission (CFTC) told Bloomberg that for regulatory purposes. It does not matter whether decentralized exchanges (DEX) operate autonomously or with human participation. Rostin Behnam belie ...

Belgian Financial Services and Markets Authority (FSMA) reports that employees of the agency have recorded a significant increase in the number of distribution channels of advertising information about different types of investments in crypto assets. Data on losses incurred b ...

The co-founder of The Sandbox believes that digital assets and non-interchangeable tokens should be recognized as property, and metaclasses should be used to get people more involved in the cryptospace. Sebastien Borget announced at the Blockchain Week Rome event that it ...

Binance, the largest cryptocurrency exchange, said it is joining other prominent cryptocurrency firms and "proactively" withdrawing from the Canadian market. This is due to the regulatory environment in the country. Representatives ...

The U.S. Chamber of Commerce submitted a brief report on the Coinbase trading floor case and the SEC, criticizing the agency for unfairness against cryptocurrency companies. The U.S. Chamber of Commerce began by saying that the U.S. lacks clarity on digital assets, while ...

This is an amendment proposed by Democrat Latrice Walker It would allow courts to accept digital assets as collateral But for now it's only about stabelcoins backed by fiat Democrat Latrice Walker introduced a bill yesterday, May 10, that would add di ...

Cryptocurrency company Galaxy Digital announced that in 2023 for the first time began generating revenue. In the first three months, the net profit was $134 million. CEO Michael Novogratz explained that the positive result is due to the rising value of digital assets. ...

Cryptocurrency exchange OKX announced that it has tightened its KYC ("Know Your Customer") verification process and lowered the daily withdrawal limit for users. The innovations apply to users of the first level of KYC. Now instead of 200 BTC per day they can withdraw onl ...

We're introducing a new "macro week summary" This summarizes the economic calendar Friends, every Monday we put together for you an economic calendar announcing important macro events. Let's summarize and see what these metrics were. And how they affected the BTC ...

The Kenyan government has proposed amendments to the 2023 budget law that would allow for an additional tax on income from digital asset transfers. The bill was presented to Kenya's parliament on May 4 and would tax income generated from transactions involving digital asset ...

Former product manager for OpenSea's NFT platform, Nathaniel Chastain, has been found guilty of fraud and unlawful gain by using insider information. The indictment against Nathaniel Chastain, announced last June, was the first in a series of high-profile cases involving in ...

Loss from the depreciation of digital assets dropped to $18 million The company has also significantly cut operating expenses The organization's BTC portfolio has a market value of just over $3.9 billion On May 1 yesterday, one of the largest BTC hold ...

The Ministry of Internal Affairs of Belarus reported a new offense in the field of cryptocurrencies - a citizen of another country opened a digital asset exchange in Minsk and now the young man faces a fine. A 22-year-old foreigner organized a cryptocurrency exchanger, sp ...

PayPal's Venmo payment service, which has over 60 million customers in the U.S. alone, will add the ability to transfer in cryptocurrency. Users of PayPal's parent platform received a similar opportunity last June. PayPal clients can work with BTC, ETH, BCH and LTC, but the ...

The Taiwan Legislative Assembly has approved new legislative amendments that will allow the Taiwan Financial Services Commission (FSC) to establish a new department dedicated to handling digital assets. The new department will be created alongside the existing four divisions that oversee audit co ...

A recent research study by Bitget, a cryptocurrency exchange, revealed that millennials between the ages of 27 to 42 make up almost half (46%) of all cryptocurrency enthusiasts. The study was conducted between July 2022 and January 2023 and surveyed 459,000 cryptocurrency holders from 26 countrie ...

According to analyst firm CruptoQuant, the leverage ratio for bitcoin has reached a historic low of 0.195, previously shown in December 2021. The leverage ratio is an indicator used by experts to estimate the volatility of digital asset prices over the long term. Lever ...

The Financial Services Committee of the US Congress has called upon regulators to provide information regarding possible concerted actions against digital asset providers. House Financial Services Committee Chairman Patrick McHenry, French Hill Digital Assets Subcommittee Chairman, and Bill Huize ...

The Bahamas Securities Commission (SCB) has responded constructively to the criticism from the international community following the collapse of the FTX cryptocurrency exchange. As a result, the regulator has decided to tighten its supervision of digital assets belonging to citizens. In order ...

The SEC previously said Kwon transferred $100 million to the bank account Part of the money was spent on a lawyer South Korean and U.S. investigators requested the accounts be frozen In February, the SEC reported that Do Kwon transferred 10,000 BTC to ...

A recent court ruling has put a stop to all cryptocurrency-related activities on major platforms, such as Binance, Crypto.com, Bitstamp, and Kraken. The decision was made in response to a request from the liquidator of the defunct cryptocurrency platform Globix, who sought to freeze all digital a ...

Bybit, a popular cryptocurrency exchange, has made an announcement that will impact all its users. As of May 8, 2023, all customers will be required to complete a basic level of verification in order to access the full range of products and services offered by the platform. This decision comes ...

According to billionaire and venture capitalist Chamath Palihapitiya, the cryptocurrency industry in the United States is on the brink of collapse due to what he believes is the stifling regulations imposed by the government. Palihapitiya claims that the US authorities vi ...

The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce a novel gold-backed government cryptocurrency (CBDC) in a bid to stabilize the local currency. RBZ Governor Rjon Mangudiya has confirmed that the CBDC will be recognized as legal tender. By launching a digital currency linked ...

El Salvador's government has unveiled a pioneering educational program that aims to equip university students with the expertise required to become proficient Bitcoin and Lightning Network developers. President Nayib Bukele has stated that the new curriculum will arm students with the knowledge a ...

The case of Alexei Ivanov, a system administrator at the Singapore-based WEX cryptocurrency exchange, is set to be heard in Novosibirsk. Ivanov is accused of misappropriating digital assets worth 3 billion rubles, in what is believed to be Russia's first criminal case involving the theft of crypt ...

Dubai, one of the seven emirates in the United Arab Emirates, has officially announced that it is now accepting applications from cryptocurrency companies looking to obtain licenses to operate within the region. To do business in the UAE, digital asset firms must be legally registered with the Du ...

Kyber Network warns users of potential vulnerability on KyberSwap Elastic platform Kyber Network, a decentralized finance protocol team, has issued a warning to users of its KyberSwap Elastic platform about a possible security breach. While the developers did not provide details about the vuln ...

SEC Commissioner Esther Pierce recently expressed her opposition to the regulatory policies being implemented by SEC Chairman Gary Gensler in statements posted on the agency's website. Pierce has been critical of Gensler's handling of the SEC, stating that the agency is stifling innovation and pr ...

The Montana House of Representatives has recently passed a bill that defines digital assets, such as cryptocurrency, stablecoins, and NFTs, as personal property. This means that these assets are subject to the same property rights and protections as other forms of personal property. Moreover, ...

Bloomberg Intelligence Senior Strategist Mike McGlone has raised concerns about the risks associated with investing in meme cryptocurrencies DOGE and SHIB. He believes that during the upcoming economic storm, Bitcoin will continue to overshadow other digital assets. However, for DOGE and SHIB, ...

Solana has recently launched its Saga cryptocurrency smartphone, which is expected to hit the market on May 8th. This unique smartphone is manufactured by OSOM, and has a 6.67-inch OLED screen with a refresh rate of 120Hz, 12GB of RAM, and 512GB of storage. The smartphone also features a finge ...

Paxos, the cryptocurrency company, has recently announced its decision to withdraw from the Canadian market. In an email sent to its Canadian customers, the company stated that it would no longer provide support to users in the country, with account disabling scheduled for May 9, 2023. The mov ...

Warren Buffett, the renowned investor and head of Berkshire Hathaway, has once again voiced his criticism of Bitcoin, stating that the cryptocurrency is an asset that lacks intrinsic value and is only suitable for gambling. In an interview with CNBC's Squawk Box, Buffett advised "sane investors" ...

According to an interview with Bloomberg, the CEO of the Stellar Development Foundation, Denelle Dixon, believes that US lawmakers need to develop regulation for stablecoins tied to the US dollar. This would help strengthen the value of the national currency, as US financial regulators are increa ...

Kaspersky Lab experts have raised concerns about the growing prevalence of cryptocurrency phishing scams in Azerbaijan. According to recent reports, the number of such attacks has increased threefold over the past year. Hackers and scammers have seemingly shifted their focus from traditional a ...

As per the results of a recent survey conducted by Pew Research, the majority of Americans, about 70%, have no intention of investing in cryptocurrencies in the near future. The study reveals that a lack of confidence in the safety and security of investing in digital assets, due to high volatili ...

Based on research conducted at RMIT University in Melbourne, it has been found that criminals in Australia who use cryptocurrencies tend to receive more severe punishments. The study examined 59 criminal cases that involved bitcoin and other digital currencies and were brought before Australian c ...

It is not uncommon for the Chinese government to closely monitor and control information related to sensitive topics such as cryptocurrency. The recent removal of the Bitcoin price monitoring feature on Douyin shortly after it was added suggests that the Chinese authorities may not be as crypto-f ...

The Spanish Government's Tax Administration Agency (AEAT) is taking serious action to collect taxes from local holders of digital assets. As part of this effort, the agency plans to send notifications to 328,000 traders across the country. This marks a 40% increase in the number of notificatio ...

The MetaMask cryptocurrency wallet has recently incorporated a novel feature that enables users to directly purchase cryptocurrencies with fiat currencies from the wallet. The newly added feature is now part of the decentralized Portfolio Dapp application, which permits users to link their MetaMa ...

Divly, a Swedish tax firm specializing in cryptocurrency, recently published a report claiming that only 0.53% of crypto investors pay taxes. However, some experts have raised doubts about the accuracy of the report's methodology. Divly's analysis was based on the ratio of the number of people wh ...

A new study by CoinGecko, a digital currency information aggregator, revealed that almost half of NFT holders are in favor of introducing regulations to protect themselves from potential risks. The survey was conducted between December 2022 and January 2023, with 343 non-fungible token (NFT) hold ...

MicroStrategy, a software development company, has made another significant investment in bitcoins, according to a recent tweet by the company's founder, Michael Saylor. In the tweet, Saylor announced that MicroStrategy had acquired 1,045 bitcoins for approximately $29.3 million, at an average pr ...

Swiss state-owned bank PostFinance has revealed its plan to offer a "full range of crypto-currency services" to its 2.5 million customers. Initially, the bank will allow customers to buy, hold and sell major cryptocurrencies such as bitcoin (BTC) and ether (ETH). Philipp Merkt, Chief Investmen ...

The Seychelles Ministry of Finance has announced the initiation of a regulatory framework for the cryptocurrency industry in order to protect users from risks. During a meeting of the National Assembly, Finance Minister Naadir Hassan explained that the government is developing requirements for th ...

Kenyan legislators have proposed a bill that would classify cryptocurrencies as securities and require issuers to adhere to certain regulations. Economist and blogger Amboko Julians shared screenshots of the draft bill, which indicates that the Kenya Capital Markets Authority (CMA) will oversee t ...

A group of cyber criminals took advantage of a security flaw in the Uniswap decentralized exchange platform, managing to swipe a staggering $25.2 million worth of digital currencies. The attack was allegedly focused on the liquidity pool (LP) of the protocol. A smart contract developer going by t ...

The Thai Securities and Exchange Commission (SEC) is looking to ease up on its strict approach towards initial coin offerings (ICOs) and eliminate restrictions for retail investors. Previously, the regulator had placed a cap of 300,000 Thai baht (equivalent to around $8,725) for retail investors ...

The Department of Justice in the United States has made a groundbreaking announcement stating that they have seized digital assets worth approximately $112 million from cybercriminals who were involved in cryptocurrency fraud and money laundering. According to the US Department of Justice, six ac ...

A spokesperson from Barclays, a prominent financial conglomerate, has stated that politicians have neglected to address the regulation of the cryptocurrency industry for a prolonged period of time, believing that the industry would ultimately cease to exist. However, this prediction has not come ...

FIC South Africa has taken measures to combat financial crimes, including those related to digital assets and blockchain technology. To this end, the agency has created a specialized forensic unit that will work in conjunction with existing FIC structures to assist law enforcement in financial cr ...

After a turbulent start to the month, accompanied by bank collapses, the market has calmed down. The growth in the value of cryptocurrencies continued, but at a slower pace than at the beginning of March 2023. Bitcoin The price of bitcoin has ch ...

The US Senator's plan to center his election campaign on the formation of an "anti-cryptography army" has sparked outrage among concerned members of the public. In a united address to the US Parliament, David McIntosh, Grover Norquist, and Adam Brandon, the presidents of non-profit associations C ...

Blocknox, a subsidiary of the Stuttgart Stock Exchange, has been granted a license by the German Federal Financial Supervisory Authority (BaFin) to offer a range of services related to cryptocurrencies. This license now allows Boerse Stuttgart Digital to provide storage, trading, and management s ...

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently addressed concerns about the need for additional legislation regarding cryptocurrencies. According to Gensler, the existing securities laws already cover much of the activity that occurs in cryptocurrency markets. He ...

The Central Bank of Sri Lanka (CBSL) has recently issued a warning to the public about the risks associated with investing in cryptocurrencies. The bank urged individuals to refrain from trading cryptocurrencies and participating in ICOs, citing a large number of complaints from users who have su ...

Coinbase, a leading cryptocurrency exchange, has urged the US government to establish clear regulations for the cryptocurrency industry to retain highly skilled Web3 developers in the country. According to a report by Electric Capital, the US share in the development of Web3 has declined from 40% ...

Based on a recent report by Mandiant, a cybersecurity firm based in the US, North Korean hacker group APT43, also known as Kimuski, is utilizing cloud mining services to launder the cryptocurrencies they've stolen. The report further reveals that APT43 is stealing enough digital assets to purchas ...

Nasdaq's announcement to launch cryptocurrency storage services is a significant move in the crypto industry. By offering digital asset custody services, Nasdaq is expanding its services beyond traditional stock trading, and tapping into the growing demand for secure storage solutions for digital ...

According to the Coinbase team, FTX's recent customer problems are just the beginning of a much larger issue in the world of cryptocurrency. They suggest that "second order effects" will extend the crypto winter until the end of 2023. This is due to the fact that a significant amount of funds fro ...

Deutsche Wertpapier Service Bank AG (dwpbank), a major player in securities processing in Germany with 5.3 million customer accounts, has launched wpNex, a platform for trading Bitcoin. The platform will be available for use by 1,200 German banks, which will need to integrate it into their online ...

The Manitoba Securities Commission (MSC) in Canada has sounded an alarm over the proliferation of fake cryptocurrency investment sites. According to MSC Senior Researcher Jason Roy, the agency has received over 60 complaints from Manitoba residents who lost between $320 to $206,000 while investin ...

According to a recent survey by Kaspersky Lab, more than one-third of Americans who own cryptocurrencies have fallen victim to scams. The survey, which was conducted between October 20 and 24, 2022, among 2,000 Americans, revealed that many cryptocurrency users fail to take adequate security meas ...

According to insiders cited by CNBC, Swiss banks are experiencing a surge in requests for banking services from cryptocurrency companies based in the United States. The collapse of American banks Silvergate and Signature Bank has led to an unnamed Swiss banking institution receiving a massive inc ...

Bitget, a Seychelles-based exchange that specializes in cryptocurrency derivatives, has recently announced an expansion of its partnership with the BitKeep decentralized multi-chain wallet development team. By combining their strengths in both DeFi and CeFi solutions, the two partners aim to enha ...

OKX, a popular cryptocurrency exchange, has recently made an announcement regarding its plans to halt operations in Canada by June 2023. The decision was made to avoid potential issues with local regulators. In an email sent out to its users, OKX management revealed that the marketplace will no l ...

According to the Chairman of the Dutch Financial Markets Authority (AFM), Laura van Geest, the European Union Crypto Asset Regulation (MiCA) bill is too lenient for the cryptocurrency industry. Despite the regulations in place for digital assets, the Dutch regulator intends to maintain a strict s ...

PLBY Group, the publisher of Playboy magazine, has reported a loss of $4.9 million due to the depreciation of its Ethereum assets in 2022. The company's profits are at risk from negative fluctuations in the market price of Ethereum. The digital assets of PLBY Group in 2021 and 2022 consisted of e ...

During a recent US Senate Finance Committee meeting, Senator Michael Bennet of Colorado expressed his concern over banks that work with cryptocurrencies, citing the industry's extreme volatility as a reason for caution. Specifically, he referenced the recent failure of Signature Bank, suggesting ...

The forthcoming weeks hold potential for a significant surge in the value of certain AI tokens, namely The Graph (GRT) and Ocean Protocol (OCEAN). According to recent reports from BeInCrypto, the positive momentum of these AI tokens has been spurred by the recent announcement of the upgraded GPT- ...

According to the FBI Internet Crime Report 2022, cryptocurrency fraud cases have seen a significant increase of 183% from the previous year, reaching a total of $2.57 billion. This is a sharp rise from the $907 million reported in 2021. The data was collected from the Internet Crime Complaints Ce ...

Coinbase's management has submitted a unique private opinion to the court in regards to the case involving the former exchange manager. They deny any criminal wrongdoing and have requested a review of the decision. The Seattle District Court received a motion from Coinbase to dismiss the criminal ...

It is concerning to hear that more than 280 blockchain networks are affected by critical vulnerabilities, potentially putting over $25 billion worth of digital assets at risk. The vulnerabilities identified by Halborn are related to P2P communications and RPC, and if exploited, could lead to deni ...

Renowned economist and outspoken cryptocurrency critic, Peter Schiff, is urging his followers to divest from digital currencies, warning that the industry is on the brink of more bankruptcies in the near future. Schiff cites the recent bankruptcy of Silvergate Bank, which serviced numerous crypto ...

The Missouri House of Representatives committee recently gave approval to a bill aimed at safeguarding the mining of digital assets. This move follows similar legislation that was also passed by the Mississippi State Senate. The Missouri Digital Asset Mining Protection Bill aims to prohibit state ...

Goldman Sachs is paving the way for the future of blockchain technology, according to Matthew McDermott, the head of digital assets at the bank. Despite a recent downsizing that saw approximately 3,200 employees let go, the institution remains committed to exploring the possibilities of blockchai ...

Based on a study conducted by Coinbase and Morning Consult, it has been found that one-fifth of the American population owns digital currencies. The majority of the participants in the survey believe that blockchain and digital assets hold the key to the future. ...

Chainalysis, an analytical company, has revealed that donations worth $70 million in cryptocurrencies have been made to help the Ukrainian army and victims since the beginning of Russia's hostilities in Ukraine. The majority of the donations, worth $22.8 million, were made in Bitcoin, while USDT ...

The CEO of Crypto-law has expressed concerns that the US Securities and Exchange Commission (SEC) is seeking to expand the definition of securities, a move he describes as thoughtful yet dangerous. John Deaton discussed recent SEC initiatives in the cryptocurrency industry in response to a questi ...

Investment bank JPMorgan has revised down its full-year projection for Coinbase stock from $60 to $52 due to concerns surrounding regulatory actions. The bank's analysts have cited pressure on stablecoin issuers from regulators, a ban on Kraken exchange offering staking services to users, and str ...

On Monday, February 20th, the world's largest crypto exchange made an announcement regarding the delisting of three tokens from its platform - Anchor Protocol (ANC), Mirror Protocol (MIR), and Aion (AION). The news caused a rapid decline in the value of these cryptocurrencies. Binance stated that th ...

Криптотрейдер, базирующийся в Гродно, Беларусь, недавно потерял все свои сбережения в размере 70 000 долларов в криптовалютах после того, как стал жертвой мошенничества. Трейдер торговал криптовалютами на различных биржах около года, а когда решил обналичить деньги, связался с представителем обменни ...

The Binance cryptocurrency card is now available in Brazil, allowing residents to integrate traditional financial services with the global cryptocurrency ecosystem. The debit card, which is a joint project between Binance, the largest cryptocurrency exchange, and Mastercard, the international paymen ...

Reports circulating on social networks claiming that PayPal is set to add support for the SHIB meme token have been denied by the company's customer support service. The rumors started when Shiba Inu, a cryptocurrency influencer who goes by the pseudonym AdRock on Twitter, asked a PayPal account ...

The U.S. Commodity Futures Trading Commission (CFTC) has taken legal action against Vista Network Technologies, a California-based company, alleging that the firm defrauded investors and embezzled over $7 million worth of cryptocurrencies. According to the complaint filed in the District Court for t ...