Tesla, the electric vehicle manufacturer, is backtracking on its bullish attitude towards cryptocurrencies. The automaker recently filed its 10-K (comprehensive annual financial report), which showed a $204 million gross impairment loss on…
FTX, once a top crypto exchange, is suing Voyager Digital, a crypto lender, seeking to reclaim $445.8 million in loan repayments made prior to FTX’s bankruptcy in November 2022. The two companies…
Bitcoin’s mining difficulty is continuing to rise, reaching a new all-time high of 39.35 trillion. This increase, which makes it more difficult to mine blocks, is due to a 4.68% increase on…
The Ministry of Justice in South Korea has announced plans to implement a new crypto-tracking system. This helps combat money laundering and recover funds linked to criminal activities. The system, called the…
In 2022, the cryptocurrency market faced a number of challenges, including the collapse of a “stablecoin” and a major cryptocurrency exchange. These events resulted in significant losses for many everyday investors, particularly…
Hackers recently launched a hostile takeover of the Azuki Twitter account, resulting in a scam that drained the wallets of some users. In just 30 minutes, the attackers stole over $750,000 worth…
Brazil and Argentina recently announced their plans to discuss a common currency that will run parallel to the Argentine peso and Brazilian real, potentially creating the second-largest currency bloc in the world.…
Coinbase, the US-based cryptocurrency exchange, has announced an expanded partnership with German soccer team Borussia Dortmund (BVB). The platform, which was previously an advertising partner of the Bundesliga club, will now serve…
Rajeev Chandrasekhar, an Indian government official, spoke about cryptocurrency at an event in Bengaluru. He is a minister for electronics and information technology, as well as for skill development and entrepreneurship. He…
Nexo, a cryptocurrency lender, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and a number of state regulators. Nexo claims that after this settlement, all multi-year-long…
You are all caught up.
