U.S. Department of Justice to prosecute three Miami residents for crypto fraud

Three residents of Miami have been accused of engaging in a fraudulent crypto scheme by the United States Department of Justice (DOJ). Esteban Cabrera Da Corte, Luis Hernandez Gonzalez, and Asdrubal Ramirez Meza were alleged to have duped several banks and a crypto platform of over $4 million. In its recent announcement, the DOJ noted …

Coinbase Launches Custom Crypto Asset As Ethereum Merge Approaches

Top US-based crypto exchange platform Coinbase is launching a custom crypto asset ahead of Ethereum’s (ETH) upcoming merge to a proof-of-stake mechanism consensus. Coinbase says it is launching Wrapped Staked Ethereum (cbETH) so customers can have the ability to use their Staked Ethereum (ETH2) on the platform as The Merge will lock all ETH2 in …

Bad Actors Have Stolen More Than $100,000,000 Worth of NFTs Since Last Year: Crypto Analytics Firm

New data from a prominent crypto intelligence firm is revealing that criminals have stolen over a hundred million dollars worth of non-fungible tokens (NFTs) since last year. According to blockchain analytics firm Elliptic, over $100 million worth of NFTs have been reported stolen between July 2021 and July 2022, with July of this year being …

Ethereum Creator Vitalik Buterin Explains How Crypto Payments Can Be Adopted by the Masses

Ethereum (ETH) creator Vitalik Buterin says he considers crypto assets to be a superior form of making payments compared to mainstream alternatives.  The 28-year-old programmer says that using digital coins for payments doesn’t just deter censorship, it is also a more convenient method for international remittances and business deals, based on his personal experiences. “People …

Mastercard CEO Says Credit Card Giant Working With Binance To Enable Customers Make Crypto Payments

The chief executive officer of Mastercard says that the credit card giant is teaming up with digital asset exchange Binance to boost crypto payments for everyday purchases. CEO Michael Miebach says that financial services company is working with the world’s largest crypto exchange by volume to enable people to use their digital coins when purchasing …

Coinbase, whose CEO called most politics a ‘distraction’, launches voter registration tool

Coinbase, a crypto exchange whose CEO previously said it doesn’t “advocate for any particular causes or candidates internally that are unrelated to our mission,” has launched a voter registration portal as part of a crypto policy education initiative. In a Thursday blog post, Coinbase chief policy officer Faryar Shirzad said the crypto exchange will offer …

3 reasons why Binance Chain (BNB) rallied 66% since the crypto market crashed

BNB, the native token of Binance’s BNB Chain , has bounced 66% from its $183 low in mid-June. The move consolidates its position as the third-ranked cryptocurrency (when stablecoin market caps are removed) and reflects a $50 billion market capitalization. BNB has outperformed the broader altcoin market capitalization after a devastating 73% correction that began …

Japan considers implementing tax reforms to prevent capital flight of crypto startups

According to local news outlet Yomiuri, Japan’s Financial Services Agency is considering amending the virtual currency taxation system for corporate entities ahead of the country’s 2023 tax reform. The proposed change includes removing capital gain liabilities for undisposed corporate crypto assets at the end of each taxation year, as well as changing the classification of …

Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend

The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal.  Bitcoin (BTC) price continues to chop below the $22,000 level and the wider narrative among traders and the mainstream media suggests that a risk-off sentiment is a dominant perspective ahead of …

AAVE Price Breaks Above $90 Level as Tamadoge Keeps the Uptrend

The Aave price prediction shows that the coin could be ready for the uptrend, and it may fundamentally break above $3000 respectively. Aave Prediction Statistics Data: Aave price now – $94 Aave market cap – $1.3 billion Aave circulating supply – 13.9 million Aave total supply – 16 million Aave Coinmarketcap ranking – #42 AAVE/USD …

Shiba Inu (SHIB) Holders See Weekly High As Token Burn Hits 40% Of Supply

Summary: Meme coin Shiba Inu surged as much as 9% on Thursday. Hodlers of the popular crypto recorded gains supposedly triggered by the crypto’s token burn system. The burn rate surged with over 110 million tokens burned in the last 24 hours. Around 40% of the total supply has been burned. Thursday’s price surge also …

Cryptocurrency Media Company The Block Launches Tokenized Paywall Model

Crypto media company The Block has launched a tokenized paywall model  The model has been launched in association with the Access Protocol  The Block, one of the leading crypto media companies is now evolving ahead by introducing a crypto-based paywall model.  The Block Introduces A Crypto Token-Based Paywall Model  Crypto newsroom platform The Block will …

IBATUSD: Price to Grow More, Buy Long!

Battle Infinity Price Prediction for Today, 25th of August: IBAT/USD, having finished the downward correction the coin might likely resume the upside move if the current support at $0.004355 holds, and the price on the 1-hourly chart, closes above $0.006793 supply level, then there is a high probability of the price going up to its …

Coinbase Hit With Lawsuit From Customers Who Had Crypto Stolen From Their Accounts

Top US-based crypto exchange Coinbase is facing a class lawsuit for its alleged failure to secure its customers’ accounts. According to recent court documents, Coinbase customer George Kattula claims that his account was hacked and his crypto assets were stolen because of the platform’s failure to implement adequate security measures against fraudulent activities. “Contrary to …

Nature’s Vault Launches Gold-Linked Utility Token NVLT in the Polygon Ecosystem

August 25, 2022 – Singapore, Singapore Nature’s Vault, a Singapore-based green tech company, announced today a strategic collaboration with Polygon Network, a leading Web 3.0 protocol provider. Launched earlier this year, Nature’s Vault’s mission is to develop innovative and impactful ESG investments that combat climate change – namely greenhouse gas emissions and ecosystem degradation. It’s the …

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