After the cryptocurrency exchange FTX went bankrupt and caused billions of dollars in losses for millions of users, the United Kingdom’s Ministry of Finance wants to make “robust” laws for crypto assets.…
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…
Bitcoin is experiencing its best January since 2013, with a 40% increase in value since the start of the year. This first-month growth surpasses previous years, with only two Januarys performing better,…
Investment management firm, Osprey Funds, has taken legal action against Grayscale Investments for allegedly lying to investors about the conversion of Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). GBTC, the…
Montenegro’s Prime Minister, Dritan Abazovi, said on Twitter that his country is working with Ripple to create a digital currency. At Davos, Abazovi met with vice president James Wallis and CEO Brad…
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…
Binance and Mastercard have partnered to introduce a new prepaid crypto card in Brazil. The Binance Card enables Binance users in Brazil to pay bills and make payments using 13 cryptocurrencies, including…
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 Panamanian Supreme Court is now in a position to rule on the fate of the country’s cryptocurrency business, marking a new milestone in the country’s ongoing crypto law. On January 26,…
As a result of the Central Bank of Nigeria (CBN) actively trying to get its people to switch to digital cash, the price of Bitcoin in the country has risen to very…
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…
India may soon have a clearer understanding of the regulation of crypto assets as the government has stepped up its efforts in that direction. The recent meeting of the Financial Stability and…
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…
Markus Thielen, head of research at Matrixport, stated that “smart investors quietly used the recent U.S. inflation print as a confirmation signal to buy Bitcoin – and other cryptos.” He also noted…
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…
South Korea’s National Tax Service (NTS) is conducting a “special tax investigation” into cryptocurrency exchange Bithumb, according to local media reports. The investigation comes amid a series of controversies surrounding the exchange,…
The U.S. economy maintained a significant increase in the final three months. Still, the pace seemed to have slowed down a lot in the last few weeks of the year, probably because…
The Financial Monitoring Agency (FMA) of Kazakhstan has taken action against a group involved in illegal cryptocurrency trading. The group was operating through various websites such as kzobmen.com, 1wm.kz, kazobmen.ru, wm007.kz, and…
According to CAR leader Faustin-Archange Touadéra, the Central African Republic (CAR) has set up a committee to draft a bill on the use of cryptocurrencies. The committee, comprising of 15 experts from…
The Dutch central bank, De Nederlandsche Bank (DNB), has imposed a fine of 3.3 million euros ($3.6 million) on cryptocurrency exchange Coinbase for non-compliance with local regulations for financial service providers. According…
The central bank of Ireland wants all ads aimed at young adults to be banned entirely. On Wednesday, the head of Ireland’s central bank said that cryptocurrency without any underlying securities was…
On Monday, Mad Money anchor Jim Cramer advised investors on gold and cryptocurrency. Cramer, a former hedge fund manager, co-founded the financial news and education website Thestreet.com. Despite bitcoin’s recent increases, he…
A group of major financial institutions, including Bank of America, JPMorgan Chase, Wells Fargo, Truist, Capital One, PNC Bank, and U.S. Bank, are collaborating to launch a new digital wallet for consumers…
According to the CEO of Grayscale Investments, the Securities and Exchange Commission’s (SEC) approach to crypto regulatory compliance has halted the growth of Bitcoin in the nation. In a letter published on…
You are all caught up.
