Traders debate whether Solana (SOL) is a buy now that it’s down 87% from its all-time high
The crypto sector is caught in a deep correction and recent reporting shows that a majority of altcoins are more...
Month: June 2022
CFTC brings $1.7B fraud case involving Bitcoin against South African national
The United States Commodity Futures Trading Commission, or CFTC, has taken enforcement action against a South African national in what...
Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
In its latest financial stability report published on Thursday, the Reserve Bank of India, or RBI, reiterated its skepticism of...
Reporting ‘limited progress,’ FATF urges countries to introduce legislation for travel rule
The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on...
Deutsche Bank believes Bitcoin could see $28K by year end
Deutsche Bank analysts Marion Laboure and Galina Pozdnyakova predict that Bitcoin could see $28,000 by the end of 2022 because...
Coinbase plans European expansion as crypto downturn continues
Crypto exchange Coinbase plans to expand its operations in Europe and is actively registering in key European countries, including Italy,...
Three Arrows Capital gets a slap on the wrist from Singapore financial watchdog
Singapore’s financial regulator has reprimanded three Arrows Capital (3AC) for providing false information about its operations in the country. The...
Bitcoin crashes under $20K as SEC rejects Grayscale spot ETF application
Bitcoin (BTC) fell below $20,000 after the SEC rejected Grayscale’s application to turn its Bitcoin trust into a spot Bitcoin ETF....
OpenSea experiences email data breach, warns users of phishing scams
OpenSea, the world’s largest NFT marketplace, suffered an email data breach that would affect the majority of its customers. An...
CoinFlex backtracks on resuming withdrawals
CoinFlex will likely not resume withdrawals for its users on June 30, CNBC reported, citing the exchange’s CEO Mark Lamb....
North Korea’s Lazarus Group linked to $100M Harmony exploit
Notorious North Korean hacker group Lazarus is likely behind the recent exploit of Harmony horizon bridge, leading to the loss...
EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the...
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission...
Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin
Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of...
Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)?
press release PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with...
