The U.S. Securities and Exchange Commission (SEC) claimed that XRP was unregistered security and filed a lawsuit against Ripple and both its executives on December 220, 2020. The case has been going on ever since, while the community held its breath watching its progress. A critical decision was made on the case last week. While …
Tag archives: Bitcoin
Austin could be the next U.S city to welcome Bitcoin and blockchain technology
Austin, the state capital of Texas, is actively exploring ways to accept Bitcoin and blockchain technology. Last week, Austin City Council Member Mackenzie Kelly put forward a resolution to examine how the city could utilize the technology. The resolution was introduced alongside Austin Mayor Steve Adler during a press conference in which Council Member Kelly …
Continue reading “Austin could be the next U.S city to welcome Bitcoin and blockchain technology”
Bitcoin on Coinbase declined 36% since all-time-high, here’s what could come next
Are we in for a crash like the one hitting the crypto market two years ago? There’s certainly no shortage of storm clouds on the horizon. The uncertainty associated with the many macro- and geopolitical risks has weakened shorter-term on-chain accumulation trends since January, according to on-chain analysts Glassnode. To read the rest of this …
Continue reading “Bitcoin on Coinbase declined 36% since all-time-high, here’s what could come next”
Russian sanction tightening: G7 intensifies measures and Japan sanctions against crypto usage
The world applied heavy sanctions against Russia in response to its invasion of Ukraine, and the Russian economy had taken a hit. However, the world leaders seem to think it is not enough. G7 ganging up On the 11th of March, the United States, European Union, and other Group of Seven (G7) allies jointly decided …
Chinese Authorities Arrest Alleged Masterminds Behind an Online Virtual Currency Pyramid Scheme
Authorities in China recently announced the arrest of ten suspects they say are behind an online pyramid platform that is thought to have stolen millions of dollars from unsuspecting users. The suspects are accused of using the promise of high returns and a regular income to lure more victims. A ‘Unicorn in the Field of …
BTC Proxy Announces Strategic Partnership With Blockchain․com to Expand Bitcoin DeFi Ecosystem
press release PRESS RELEASE. BTC Proxy, the Bitcoin Liquidity Protocol on Polygon, has entered into a strategic partnership with Blockchain.com, one of the world’s largest crypto platforms and an early pioneer of key Bitcoin infrastructure. As part of the partnership, Blockchain.com will add BTC Liquidity into the Proxy ecosystem by Minting BTCpx. Moving Bitcoin to …
Binance Explores Acquisition of Brazilian Securities Brokerage Firm
Leading cryptocurrency exchange Binance is showing its intention of expanding its activities to Brazil. The company announced that it has signed a memorandum of understanding with a regulated securities brokerage firm in Brazil, with the intention of acquiring it. The company, called Sim;paul Investimentos, offers different investment options to its customers, including various funds and …
Continue reading “Binance Explores Acquisition of Brazilian Securities Brokerage Firm”
India Targets 700 Crypto Investors for Non-Payment of Taxes: Report
India’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were transacting in crypto assets but were not paying tax,” said an official with the country’s Central Board of Direct Taxation. Indian Tax Authority Going After …
Continue reading “India Targets 700 Crypto Investors for Non-Payment of Taxes: Report”
Regulatory concerns taking a toll: Bitcoin, Ethereum investment funds record $120 million in outflows
After seven consecutive weeks of inflows, crypto investment products recorded significant outflows last week, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests regulatory concerns and geopolitical turmoil have diminished investor interest in both the Americas and Europe. $80 million of the outflows …
Three friends unearth Larva Labs $25,000 Meebit NFT
After almost a year, three people have finally cracked the Larva Labs secret treasure hunt. Andrew Badr, a Twitter user, named Apely.eth, and an anonymous third person all worked together to decode the puzzle, revealing private keys to a pig Meebits worth 10 ETH. The private keys were enshrined inside a digital artwork. Badr narrated …
Continue reading “Three friends unearth Larva Labs $25,000 Meebit NFT”
Crypto.com begins exchange launch in US with institutional investor waitlist
Crypto.com announced on March 15th that its exchange has officially begun a progressive launch in the US and is now available to some waitlisted users. It also opened a new waitlist for professionals interested in using its exchange services. The exchange will be rolled out progressively over the coming months and initially will only support …
Continue reading “Crypto.com begins exchange launch in US with institutional investor waitlist”
Terra’s CEO places $1 million bet on LUNA’s price one year from now
The native token of Terra network, Luna, has been performing exceptionally well for a while, but not everyone thinks that’ll last forever. A Twitter user named Sensei Algod challenged anyone to a million-dollar bet that the price of the token will be much lower a year from now. $1 million bet placed on LUNA’s price …
Continue reading “Terra’s CEO places $1 million bet on LUNA’s price one year from now”
Ukraine’s Government Launches Official Website for Cryptocurrency Donations
The Ukrainian government has launched an official cryptocurrency donation website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight against Russia. The donation platform is a collaboration between the Ministry of Digital Transformation of Ukraine, Everstake, and cryptocurrency exchange FTX. Government’s Crypto Donation Website Now Live The …
Continue reading “Ukraine’s Government Launches Official Website for Cryptocurrency Donations”
Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November. Consensys Raises $450 Million, Proceeds From the Round Will Be …
CPLAY Network (CPLAY) Is Now Available for Trading on LBank Exchange
press release PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 15, 2022 – LBank Exchange, a global digital asset trading platform, has listed CPLAY Network (CPLAY) on March 15, 2022. For all users of LBank Exchange, the CPLAY/USDT trading pair is now officially available for trading. While growing rapidly, crypto space is facing some strict restrictions in …
Continue reading “CPLAY Network (CPLAY) Is Now Available for Trading on LBank Exchange”