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Chinese Communist Party Secretary Connives With Miners To Violate Nationwide Ban

Samuel Pomerleau Jan 3, 2023 0 Comments

Xiao Yi, a Communist Party's provincial secretary in China, has reportedly pleaded guilty after being charged with violating the country's ban on Bitcoin mining. He allegedly accepted bribes from some…

Blockchain Crypto News Crypto Scams Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Regulation

Scammers Impersonate US Agency, Claims To Help Affected FTX Users

Samuel Pomerleau Dec 29, 2022 0 Comments

Last month, the famous crypto exchange, FTX, filed for bankruptcy, leaving several users stranded. The FTX CEO reportedly misused investors' funds. Meanwhile, several scammers have capitalized on the opportunity. They…

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Daily Trading Volume Hit The Lowest In Years As Market Cap Drops Under $800 Billion

Samuel Pomerleau Dec 28, 2022 0 Comments

The crypto industry has fallen in 2022 and lost more than 2.2 trillion dollars in the last 12 months. On-chain data shows that the daily size of crypto trading had…

Altcoins Blockchain Crypto News Cryptocurrency Metaverse NFT (Non-Fungible Token) Regulation Web3

Fidelity Files Trademark To Offer Financial Services In The Metaverse

Samuel Pomerleau Dec 27, 2022 0 Comments

Fidelity Investments, an investment giant firm, has submitted trademark filings in the US to offer some Web3 products and services in the digital world. Additionally, the filing reveals that Fidelity…

Blockchain Crypto News Crypto Trading Cryptocurrency Cryptocurrency Mining Ethereum (ETH) Regulation

Buenos Aires To Tax Crypto Mining Firms In 2023

Samuel Pomerleau Dec 24, 2022 0 Comments

Buenos Aires, a city in Argentina, plans to launch taxation on crypto mining operations in 2023. According to reports, the city could also extend the taxes to staking. Buenos Aires…

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Alaska Enact New Money Transmission Laws That Affect Digital Currencies

Samuel Pomerleau Dec 22, 2022 0 Comments

From January 1, 2023, an amendment would be made to regulate money transmission in Alaska, including virtual currencies. Companies whose activities are crypto-related must obtain a money transmission license from…

Crypto News Cryptocurrency Cryptocurrency Regulation

The Crisis Of Crypto Is Fueled In Part By Imbalance In Technology

Samuel Pomerleau Dec 11, 2022 0 Comments

Alarmists in the crypto community are talking about the Fed, regulations, and shady machinations behind the scenes. Optimists are talking about a bright future with no central authorities and worldwide…

Crypto News Cryptocurrency Cryptocurrency Regulation Stablecoin

The United Kingdom Wants to Regulate Crypto

Samuel Pomerleau Dec 9, 2022 0 Comments

The question of regulations is a recurring one. With each new incident in the crypto industry, experts start talking about the importance of regulations with renewed intensity and vigor. However,…

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Texas Hopes To Negotiate With Bitcoin Miners

Samuel Pomerleau Dec 8, 2022 0 Comments

It is nothing but a redundancy to say that Bitcoin mining is power-intensive and creates huge deficits of energy in regions where miners build massive farms. Texas was chosen by…

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Current Crypto Crisis Reduces ETF Assets in a Market That Has Accepted Them

James Thomas Nov 28, 2022 0 Comments

The enormous decline in ETF assets has resulted from the declining price of Bitcoin and other cryptocurrencies, rather than from small withdrawals. According to Straus statistics, crypto ETFs witnessed C$51…

Bitcoin (BTC) Crypto News Crypto Token Crypto Trading Cryptocurrency Cryptocurrency Online Investment Regulation

Concerned Over FTX, US Lawmakers Advise Fidelity Not To Pursue BTC 401(K) Offer

James Thomas Nov 26, 2022 0 Comments

Fidelity Investments of the US has been called upon by US lawmakers not to pursue its BTC 401(k) retirement offer. Lawmakers are of the view that there is a huge…

Crypto News Crypto Token Crypto Trading Cryptocurrency Cryptocurrency Regulation Stablecoin

A Major Crypto Lending Firm Investigated by Authorities, Caution for Users

James Thomas Nov 24, 2022 0 Comments

Hodlnaut, a major cryptocurrency lending firm based in Singapore is currently being investigated by the local authorities. The Singapore police authorities have launched a probe against the firm. The reason…

Crypto News Regulation Terra (LUNA)

South Korean Investigators Raided Crypto Firm Chai Over Collapsed Terraform Labs

James Thomas Nov 22, 2022 0 Comments

South Korean investigators raided a firm called ‘Chai Corporation’ because it was founded by Daniel Shin, one of the founders of collapsed Terraform Labs. FTX’s fiasco wasn’t an easy burden…

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Under Authorization Of Manhattan District Attorney Crypto Funds Worth $1.3 Million Frozen

James Thomas Nov 20, 2022 0 Comments

District Attorney’s Office in the Manhattan District has issued orders of freezing funds in crypto worth roughly US$ 1.3 Million. The frozen funds shall be distributed amongst the victims of…

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Top US Regulators Accuse FTX Of Mismanaging Funds Belonging To Customers

James Thomas Nov 19, 2022 0 Comments

FTX and Its Operations under Scrutiny by DOJ and SEC Top US regulators i.e. Department of Justice (DOJ) and Securities & Exchange Commission (SEC) are currently investigating a collapsed crypto…

Crypto News Crypto Token Crypto Trading Cryptocurrency Cryptocurrency Regulation Ripple (XRP)

Ripple Is Pursuing A License In Ireland For Expanding In The EU

James Thomas Nov 18, 2022 0 Comments

The top lawyer for US-based Ripple Labs said that the company no longer generates most of its income in the United States and is interested in expanding its operations in…

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Bitcoin Cash Expects a Major Boost with Interest Coming from St. Kitts and Nevis

James Thomas Nov 13, 2022 0 Comments

St. Kitts and Nevis are among the list of nations that are growing eager to welcome cryptocurrencies. The country situated in the Caribbean is taking a great amount of interest…

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Crypto Exchange Bitso Introduces QR Payments In Argentina For Tourists

James Thomas Nov 12, 2022 0 Comments

One of the biggest crypto exchanges in Latam, Bitso has introduced a QR payments program in Argentina, which is aimed at facilitating tourists in the country. The aim of the…

Crypto News Cryptocurrency Regulation

CySEC Demands European Arm Of FTX To Suspend Its Operations

James Thomas Nov 10, 2022 0 Comments

The worst fears of the FTX investors have finally come true and after a few days of the leaked balance sheet, FTX is filing for bankruptcy. Out of nowhere, the…

Crypto News Crypto Trading Cryptocurrency Cryptocurrency Regulation

Reporting Requirements Regarding Cryptocurrencies by Financial Regulator in Switzerland

James Thomas Nov 8, 2022 0 Comments

Just recently, the financial regulatory authority in Switzerland made an announcement that concerns the cryptocurrency sector. The announcement by the regulator is surrounding the imposition of extended regulations over illicit…

Crypto News Cryptocurrency Regulation Terra (LUNA)

Punishments For Cryptocurrency Frauds To Become Stricter In South Korea

James Thomas Nov 7, 2022 0 Comments

It has been almost 5 months since the Terra Network crash took place. Even when so many months have passed, the cryptocurrency industry has not come out of the dark…

Crypto adoption Crypto News Cryptocurrency Cryptocurrency Regulation

New Bill Submitted At Russian Parliament To Approve Cross-Border Transactions In Crypto

James Thomas Nov 5, 2022 0 Comments

A new bill that has been recently proposed at the Russian Parliament for approval revolves around cross-border cryptocurrency transactions. According to the reports, the bill seeks legislative approval, which would…

Crypto News Cryptocurrency Regulation Stablecoin

UK Finally Recognizes Cryptocurrencies As Regulated Financial Instrument

James Thomas Nov 4, 2022 0 Comments

In the UK, the lower house of the British Parliament, also known as the House of Commons, authorized the recognition of cryptocurrencies as regulated financial instruments on October 25. According…

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Blockchain.Com Introduces A New Crypto Visa Card Offering Various Rewards

James Thomas Nov 3, 2022 0 Comments

While the crypto market continues to struggle in the face of one of the worst downtrends in the market’s history, various traditional finance companies can’t help but disagree with the…

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Blockchain Association Shows Support For Ripple In SEC Battle

James Thomas Oct 30, 2022 0 Comments

Based in the United States, the Blockchain Association has decided to show its support for Ripple Labs, amidst the company’s ongoing legal battle with the Securities and Exchange Commission (SEC).…