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SEC Counters Coinbase’s Petition For New Crypto Regulations

The US Securities and Exchange Commission (SEC) has filed a countermotion against Coinbase’s rulemaking petition for the crypto industry. In a brief submitted on May 10, the US regulator argues against Coinbase’s request stating there is no need for creating a regulatory framework for crypto assets in place of existing US securities laws. Related Reading: […] дальше »

2024-5-12 10:38


Bitcoin ETF Issuer WisdomTree Introduces Prime App In NY, Gains Approval For New Crypto Offerings

One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York.  Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin Expanded Custody And Stablecoin Services This development closely follows WisdomTree’s recent […] дальше »

2024-5-10 05:00


Australia’s Crypto Crackdown: ATO Seeks Data from Exchanges To Identify Tax Discrepancies

The Australian Taxation Office (ATO) is targeting approximately 1. 2 million cryptocurrency-related accounts to tighten the noose on tax discrepancies. According to Reuters, this step marks an approach by the Australian government to “crackdown on users who may be failing to pay their taxes amid a rising interest in digital tokens. дальше »

2024-5-9 02:30


Dark Bling: Heir To Jewelry Giant Cartier Indicted In Cocaine And Crypto Scandal

Maximilien de Hoop Cartier, heir to the famed jewelry dynasty, was arrested by US authorities for allegedly laundering millions of dollars for a Colombian drug cartel. Cartier, who primarily resides in France but holds Argentine citizenship, now faces a slew of charges related to money laundering and unlicensed money transmission. Related Reading: Bitcoin Bull Michael […] дальше »

2024-5-6 18:00


Friend.tech Fiasco: Token Tanks 98% After Airdrop Fails To Deliver

Friend.tech, a social media platform built on the Ethereum blockchain, aimed to celebrate the launch of its version 2 protocol with an airdrop of its native token, FRIEND. However, the well-intentioned initiative turned into a cautionary tale, with the token’s price experiencing a dramatic nosedive and user frustration reaching a fever pitch. Related Reading: Fear […] дальше »

2024-5-4 17:00


Slap On The Wrist? DOJ Faces Backlash For Letting Binance Founder Off Easy For AML Failures

Changpeng Zhao, the ousted CEO of cryptocurrency exchange giant Binance, walked away from court this week with a sentence many see as a slap on the wrist. Zhao, better known in the crypto world as “CZ,” received four months in prison for failing to implement sufficient anti-money laundering (AML) safeguards at Binance. Related Reading: Stagflation […] дальше »

2024-5-1 10:30


Russia’s Legislative Body Considers Diving Into Crypto – Will They Mine Or Maul It?

Russia is dipping its toes into the world of cryptocurrency with a proposed bill aimed at legalizing and regulating crypto mining within its borders. The bill, submitted to the State Duma, the lower house of parliament, seeks to strike a balance between encouraging this new industry and mitigating potential risks. Related Reading: David Vs. Goliath? […] дальше »

2024-4-27 17:00


Regulatory Drama: Why Crypto.com Postponed Its Big Move Into Korea Days Before Launch

Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Related Reading: South Korean […] дальше »

2024-4-24 04:00


IRS Reveals Preliminary Tax Reporting Form For Digital Assets

The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency transactions. The newly released Form 1099-DA, tagged as “Digital Asset Proceeds from Broker Transactions,” is currently open to comments from relevant stakeholders in anticipation of its final version by the IRS. Related Reading: Breathe Easy, […] дальше »

2024-4-20 13:00


Is Fiat Failing? Analyst Claims Bitcoin Offers Millennials A Financial Lifeline

Prominent Bitcoin advocate and co-founder at CMCC Crest, Willy Woo, has sparked a spirited discussion surrounding the future of Bitcoin and its potential impact on younger generations. Related Reading: Stablecoins Get A Seat At The Table: US Senators Unveil New Regulations In a recent Twitter exchange with Jesse Colombo, Director of Marketing at BullionStar, Woo […] дальше »

2024-4-18 14:30


Ripple CTO Says He’s ‘Still Not’ A Billionaire, But Holds Millions In XRP

In the world of cryptocurrency, where values soar and plunge unpredictably, David Schwartz, Ripple’s Chief Technology Officer, addresses community speculation about his wealth. Related Reading: Norway Draws The Line: Crypto Mining Faces Ban Over Energy Usage Ripple CTO: Clarification Amidst Confusion The latest clarification from Schwartz comes in response to a curious observation made during […] дальше »

2024-4-17 18:00


Is Global Turmoil The Secret Weapon For Bitcoin? Michael Saylor Thinks So

As global geopolitical tensions escalate, the cryptocurrency market finds itself in a precarious position, with Bitcoin, the flagship digital asset, facing a significant test of its resilience. Related Reading: Thailand Throws Jab At Crypto With P2P Purchase Ban – Details MicroStrategy co-founder Michael Saylor’s recent remarks on the potential benefits of chaos for Bitcoin have […] дальше »

2024-4-14 14:00


Urgent Stablecoin Regulation Needed, Global Financial Watchdog Says

In a bid to navigate the complex landscape of stablecoin regulation, the Bank for International Settlements (BIS) has sounded the alarm for urgent global oversight. The latest report from the BIS underscores the pressing need for a unified regulatory framework to address the significant regulatory fragmentation hindering the widespread adoption of stablecoins. Related Reading: Shiba […] дальше »

2024-4-11 11:00


Holy Satoshi! El Salvador Graduates Its 1st Batch Of Bitcoin Students

El Salvador’s world-first experiment in Bitcoin education reached a milestone on April 2nd, 2024, with the graduation of the first batch from the “Bitcoin Diploma” program. Related Reading: Bitcoin Champion Max Keiser Blasts Argentinian President’s Crypto Stance Launched in 2022 by the non-profit Mi Primer Bitcoin, the program aims to equip Salvadorans with the knowledge […] дальше »

2024-4-5 01:00


OneCoin Scammer Gets 4 Years Jail Sentence — Justice Served?

OneCoin, the cryptocurrency project that morphed into a notorious pyramid scheme, continues to cast a long shadow. Yesterday, Irina Dilkinska, the former head of Legal and Compliance for OneCoin, was sentenced to four years in prison by US District Judge Edgardo Ramos for her role in the multi-billion dollar scam. Related Reading: Move Over Gold, […] дальше »

2024-4-4 18:00


12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead

The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world. While some celebrate the digital gold’s record-breaking ascent, others watch with bated breath as long-dormant Bitcoin whales – entities holding massive amounts – begin to awaken from their slumber. Related Reading: […] дальше »

2024-3-31 16:00


Shiba Inu Snags Silver: Memecoin Is Europe’s 2nd Most Beloved Crypto

Shiba Inu (SHIB), the leading canine-themed cryptocurrency, has captured the attention of investors worldwide, emerging as the second most searched cryptocurrency in Europe. Surpassing established contenders like Ethereum (ETH), Cardano (ADA), and even its predecessor Dogecoin (DOGE), SHIB’s meteoric rise in popularity signals a significant shift in the cryptocurrency landscape. Related Reading: SEC Chair Gary […] дальше »

2024-3-26 23:00


UK Embraces Crypto: Bitcoin And Ethereum ETNs Coming To London Stock Exchange

The London Stock Exchange (LSE), facing declining listings and trading activity, is making a strategic move to embrace the booming crypto market. In a notice released today, the LSE announced the launch of a brand new market dedicated to Bitcoin and Ethereum exchange-traded notes (ETNs), set to debut on May 28th, 2024. Related Reading: Battle […] дальше »

2024-3-26 17:00


Bitcoin: A ‘Decades-Long’ Investment, CEO Says, Despite Recent Downturn

Amidst the recent turbulence in the cryptocurrency markets, Bitcoin has once again proven its resilience, with industry experts advocating for a steadfast approach to weathering the storm. Related Reading: XRP Scores Regulatory Win: European Governance Institute Endorses Non-Security Status Bitcoin’s Rocky Ride Over the past 24 hours, Bitcoin has experienced a notable correction, shedding over […] дальше »

2024-3-17 15:50


Crypto Analyst Unveils Bullish Prediction For Ethereum And XRP

A popular crypto analyst, identified as CrediBull Crypto on X (formerly Twitter) has unveiled bullish projections for both Ethereum and XRP. Doubling down on his previous XRP price prediction, the analyst has further affirmed that the cryptocurrency is poised to outperform Bitcoin and Ethereum in the upcoming 2024 bull run.  Related Reading: Shiba Inu Partner […] дальше »

2024-3-17 13:40


Sell Sign Ignites Speculation: Solana Fate Hangs In The Balance?

Solana (SOL), the high-speed blockchain darling, has entered a tug-of-war between technical indicators flashing red and a market sentiment surging with exuberance. This paradox leaves investors wondering: is a price correction imminent, or is Solana poised for a major breakout? Related Reading: Bitcoin Miners Brace For Impact As Difficulty Reaches Unprecedented Levels Solana Faces Technical Headwinds Technical analysts are raising red flags. дальше »

2024-3-18 09:43


Bitcoin Open Interest Peaks At $34 Billion, Shattering Previous Records – Details

The Bitcoin market is experiencing a land grab of epic proportions. Fueled by institutional interest and surging prices, investors are scrambling to get a piece of the digital gold rush. On March 13th, Bitcoin reached a new all-time high of $73,750, shattering previous records and sending shockwaves through the financial world. Related Reading: On Bitcoin […] дальше »

2024-3-14 11:20


Ethereum ETF Showdown: Hong Kong Plans To Launch First, Overtaking The US

Hong Kong is setting its sights on becoming a frontrunner in the cryptocurrency market, with plans to launch a spot Ethereum ETF (Exchange Traded Fund). This ambitious move comes amidst the booming popularity of Bitcoin ETFs in the US and could significantly alter the landscape of digital asset investment in Asia. Related Reading: Ethereum Quantum […] дальше »

2024-3-12 12:07


Crypto Fever: Bitcoin Smashes Records, Approaching $73,000 Milestone

Bitcoin has set a new record by surpassing $71,000, solidifying its status as the digital counterpart to gold and overtaking the market capitalization of silver. Related Reading: Cloudy Future For Ethereum ETFs – What’s Casting Doubt On Their Fate? Bitcoin A Tad Close To $73K This achievement, occurring with remarkable frequency since early March, saw Bitcoin registering a new all-time high of $72,750 today, marking a 5% daily increase and an 12% gain over the past week. дальше »

2024-3-12 09:48


Ethereum Quantum Leap: How Vitalik Buterin Fortifies The Future Of Finance

Ethereum faces the looming specter of quantum computing, but fear not – co-founder Vitalik Buterin unveils a strategic plan to protect user funds in the event of a quantum emergency. Related Reading: BlackRock Dominates: Bitcoin ETF Gobbles Up Nearly 196,000 BTC, Outshining MicroStrategy Quantum Challenge And Ethereum’s Defense In response to the potential threat of […] дальше »

2024-3-12 01:00


BREAKING: Bitcoin Price Soars To New All-Time High Above $69,000

In a monumental milestone for the world’s leading cryptocurrency, the Bitcoin price has skyrocketed to an unprecedented all-time high (ATH), surpassing the remarkable threshold of $69,000.   Related Reading: Bitcoin Maximalist Forecasts ‘God Candle’ Formation Propelling BTC To $100,000 Bitcoin Price Breaks Records The recent approval of spot Bitcoin exchange-traded funds (ETFs) on January 10 was a significant catalyst behind this surge. дальше »

2024-3-5 18:07


UK Cracks Down On Crypto With New Law Enforcement Powers

The United Kingdom is tightening its grip on cryptocurrency, granting law enforcement agencies new powers to combat crypto-related crimes. This comes as part of the recently implemented Economic Crime and Corporate Transparency Act 2023, which equips authorities with unprecedented tools to tackle the misuse of cryptocurrencies in illegal activities. дальше »

2024-3-4 16:00


Indonesia’s Crypto Evolution: Government Eyes Changes In Taxation Landscape

Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and planned regulatory shifts. While Bitcoin surged in value throughout 2023, the country’s crypto tax revenue plummeted by over 60% compared to the previous year, raising concerns about the effectiveness of the current tax regime. Related Reading: Former FTX, […] дальше »

2024-3-3 14:23


Gemini To Return Over $1.8B To Earn Customers In Regulatory Settlement

On Wednesday, crypto exchange Gemini announced that it had agreed with the New York State Department Of Financial Services (NYDFS) to return over $1 billion to the Earn Program Customers. Related Reading: XRP Lawsuit: Experts Quash Ripple-SEC Settlement Rumors Repayment Of All Customer At Today’s Prices On February 28, Gemini Trust Company, founded by the […] дальше »

2024-3-1 07:00


Crypto Fraud No More? New Digital Tracking System In South Korean Province Tracks Tax Evaders’ Wallets

A local report revealed the provincial tax department’s implementation of a new digital tracking system in one of South Korea’s most important provinces. As the first of its kind in the country, the new system reduces the process’ time and facilitates the tracking of crypto assets held by debtors in virtual asset exchanges. Related Reading: […] дальше »

2024-2-23 05:00


Crypto Scam Alert: Phishing Attack Swipes $5.1M Worth of BEAM, Token Price Drops

According to the blockchain analytics platform Lookonchain, a crypto trader suffered a phishing attack that swooped over 180 million BEAM tokens on Wednesday and affected the token’s price. Related Reading: Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts 180 Million BEAM Tokens Stolen In an X (former Twitter) post, Lookonchain exposed a new crypto scam that had occurred on February 15. дальше »

2024-2-17 04:00


Are We Headed For Another $69K? Bitcoin Price Surges As Greed Dominates Crypto Market

Bitcoin, the undisputed king of cryptocurrencies, is making headlines again with a recent price surge that has pushed it past the coveted $50,000 mark. This rally, coupled with an “extreme greed” reading on the Crypto Fear and Greed Index, paints a picture of a market brimming with optimism, but also raises concerns about potential overheating. дальше »

2024-2-14 10:50