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Zodia Custody Signs Strategic Deal with SBI Digital Asset Holdings to Develop Japan’s Crypto Custody Space

Samuel Pomerleau Feb 9, 2023 0 Comments

The crypto safekeeping platform, Zodia Custody, has teamed up with SBI Digital Asset Holdings to launch crypto custody services in Japan. The partnership will see Zodia Custody working with the…

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Binance Launches Tool To Ease Tax Preparation And Reporting For Crypto Players

Samuel Pomerleau Feb 6, 2023 0 Comments

The crypto tax season is upon us, and all companies (including crypto firms) must prepare. Tax season can be confusing and stressful for novice and experienced crypto users. Binance, the…

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Voyager Creditor Calls For Seizure Of Voyager’s Estate

Samuel Pomerleau Feb 4, 2023 0 Comments

A finance attorney and Voyager creditor, Michelle DiVita, has requested the appointment of a Chapter 11 Trustee in Voyager's bankruptcy case, which would result in Voyager losing control of its…

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UK Treasury Releases Consultation Paper For Crypto Regulation

Samuel Pomerleau Feb 3, 2023 0 Comments

The Treasury has published a consultation document on regulating crypto exchanges, lenders, and custodians. The document acknowledges that crypto assets offer various benefits but pose risks to consumers. Treasury's Consultation…

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SEC Denies Approval Of Ark Investment’s Bitcoin ETF For A 2nd Time

Samuel Pomerleau Feb 2, 2023 0 Comments

The US securities watchdog, (the US SEC) has rejected the Bitcoin spot exchange-traded fund (ETF) proposal submitted by Ark Investment Management for a second time. In July 2021, Ark joined…

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US Firms Make Up 85% of Bitcoin Purchases – Report

Samuel Pomerleau Jan 31, 2023 0 Comments

Recent data showing institutional purchases of the flagship digital asset indicates that institutional investors in the United States are still bullish on cryptocurrency. The data from Matrixport shows that American…

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Digital Assets Custodian Prime Trust To Suspend Operations In Texas On January 31st

Samuel Pomerleau Jan 30, 2023 0 Comments

Prime Trust, one of the leading crypto custodians, recently announced that it would suspend its operation in Texas. The firm announced after withdrawing its application for the Texas Money Transmitter…

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FTX Crash: Digital Surge Appears As An Unpredictable Survivor

Samuel Pomerleau Jan 28, 2023 0 Comments

The cryptocurrency sector witnessed several tumultuous moments in 2022. The collapse of FTX, one of the prominent crypto exchanges, was one of the significant dips of the year. The news…

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Tesla Reports Q4 Bitcoin Losses While Microstrategy Acquires More

Samuel Pomerleau Jan 27, 2023 0 Comments

According to Tesla's fourth-quarter earnings report released on Wednesday, its BTC assets are still in the red. The business's overall earnings and revenue, however, have outperformed projections. In the last…

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Porsche Discontinues Its ETH-Based NFT Minting After Public Backlash

Samuel Pomerleau Jan 26, 2023 0 Comments

German high-performance sports car manufacturer - Porsche has recently declared that it will discontinue the minting of its Ethereum-based NFT following widespread criticism. Porsche announced that it would halt the…

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Aussie Execs Backs Argument To Tag Crypto As Financial Products

Samuel Pomerleau Jan 25, 2023 0 Comments

Following recent statements from the Assistant Treasurer of Australia, Australian executives have cautioned against treating all digital assets as financial products. Australia's Assistant Treasurer Considers Crypto Financial Products In a…

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Coinbase Teams Up with Borussia Dortmund (BVB) in a Sponsorship Deal

Samuel Pomerleau Jan 24, 2023 0 Comments

Coinbase has taken a move to expand its partnership with sports platforms by agreeing with Borussia Dortmund (BVB), the German professional football team. The deal will see the US-based crypto…

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SEC Accuses Mango Exploiter Of Stealing $116M Worth Of Crypto

Samuel Pomerleau Jan 23, 2023 0 Comments

The US SEC (Securities and Exchange Commission) has filed charges against the hacker behind the 2022 multimillion-dollar exploit on Mango Markets. The SEC's filing follows similar actions taken by the…

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Winter Storm At Helios Results In 25% Fewer Mined BTC For Argo Blockchain

Samuel Pomerleau Jan 21, 2023 0 Comments

Due to the company stopping mining at Helios due to harsh weather conditions, Argo Blockchain mined less BTC than anticipated in December. A winter storm in Texas caused a dramatic…

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1inch Introduces 1inch Hardware Wallet As Self-custody Rises

Samuel Pomerleau Jan 20, 2023 0 Comments

A DEX (decentralized exchange) aggregator, 1inch Network, is the most recent crypto platform to enter the hardware wallet market as self-custody becomes increasingly popular. 1inch Network To Launch Hardware Wallet …

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Department Of Justice Affirms An Enforcement Action Against A Crypto Exchange

Samuel Pomerleau Jan 19, 2023 0 Comments

The DoJ's enforcement action against Bitzlato marks an essential milestone in the fight against crypto crime. It is the latest in a series of initiatives by the US government to…

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Coinbase Shutdown Operations In Japan Despite Staff Layoffs

Samuel Pomerleau Jan 18, 2023 0 Comments

Coinbase, a renowned crypto exchange firm, wants to close a huge part of its operations in Japan. This move is part of the exchange's restructuring plan and effort to weather…

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El Salvador’s Candidate At Miss Universe 2022 Stuns Audience With BTC-inspired Dress

Samuel Pomerleau Jan 17, 2023 0 Comments

Alejandra Guajardo, the representative of El Salvador, stormed the Miss Universe 2022 Pageant prelude with her epic dress. She adorned herself with a currency dress designed with cocoa beans, Bitcoin,…

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Logan Paul Unveils $1.5M Cryptozoo Recovery Plan

Samuel Pomerleau Jan 16, 2023 0 Comments

Logan Paul, a renowned YouTuber and boxer, has published a $1.5 million recovery scheme for those who invested in the allegedly dormant CryptoZoo NFT project. This news comes after the…

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Flare Tokens Finally Airdropped To Eligible XRP Holders After A Long Wait

Samuel Pomerleau Jan 14, 2023 0 Comments

Following an almost two-year wait, Flare has started distributing its FLR tokens to eligible XRP holders. The long-awaited distribution has generated massive discussion in the community as members interacted about…

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Mango Exploit: SEC is also probing Eisenberg – CFTC Commissioner

Samuel Pomerleau Jan 13, 2023 0 Comments

The SEC scrutinizes Mango exploiter Eisenberg for potential Commodity Exchange Act (CEA) breaches. In a report issued earlier this week, Commissioner Kristin Johnson of the CFTC confirmed the SEC's probe…

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Binance’s Multicoin Acquisition Raises Questions About Its Feud With FTX

Samuel Pomerleau Jan 12, 2023 0 Comments

In 2021, Binance, the largest crypto exchange in the crypto sector, purchased stakes in the crypto hedge firm Multicoin. However, this investment has raised questions in the Twitter crypto community…

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The Binance Effect Leads To A 41% Increase In The Price Of Newly Listed Tokens – Study

Samuel Pomerleau Jan 11, 2023 0 Comments

According to a study by Ren & Heinrich, Binance's rise as the leading global cryptocurrency exchange may imply that its token listings now receive significant attention. The study monitored 26…

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SuperRare NFT Marketplace Cuts Staff by 30%

Samuel Pomerleau Jan 9, 2023 0 Comments

In a statement on Twitter, John Crain, the CEO of the digital collectibles marketplace, claimed that the company overhired due to rapid expansion when the NFT business flourished. According to…

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Shibarium Team Debunk Rumors And Confirms BONE As Its Only Utility Token

Samuel Pomerleau Jan 7, 2023 0 Comments

Recently, the Shibarium team released an official statement to clarify its users concerning the spreading rumors about its network. The team tweeted that their BONE token is their platform's only…