The year 2023 has been fairly good for cryptocurrencies, especially compared to 2022. It was in 2022 that the crypto market lost all the gains it gathered in 2021 when Bitcoin reached an all-time high of over $60,000. Bitcoin crashed to a…
Making informed investing decisions requires staying current with real-time market information in the fast-paced world of cryptocurrency trading. However, the complexity and volatility of the crypto market can be overwhelming, especially for beginners. That’s where user-friendly crypto price tracking tools come into…
Leading DeFi protocol Arcadia Finance has suffered an attack that led to the loss of $455,000 in assets. A hacker successfully stole the assets from the non-custodial decentralized finance (DeFi) protocol by exploiting a code vulnerability. According to leading blockchain security firm…
Vitalik Buterin, the founder of the second largest crypto by market value, Ethereum, advised the Twitter community on the crucial development required for Bitcoin to become more than a payment method. In his July 6 tweet, Buterin stressed that Bitcoin developers must…
The court case between Coinbase and the US securities and exchange commission (SEC) has been on for weeks, and the process is getting more interesting. In the latest happenings, the SEC has accused Coinbase of Knowingly violating securities laws. The SEC had…
On July 7, the American-based crypto solution provider Ripple Labs announced plans to launch a new program utilizing tokenization technology to transform the real estate sector. In a Twitter statement, Ripple’s central bank digital currency (CBDC) strategic adviser Antony Welfare explained the…
Crypto exchange Gemini has sued Digital Currency Group (DCG) and its founder Barry Silbert on Allegations of fraud. Specifically, Gemini co-founder Cameron Winklevoss is pursuing the case to prove that Silbert was responsible for the losses of creditors. The lawsuit is accusing DCG…
A bill granting exemption from capital gains taxes on the sale of digital currencies for foreigners has passed through a preliminary reading in Israel’s parliament on June 5. The bill also seeks to allot other tax benefits to foreign digital asset holders…
On July 5, the chief executive of BlackRock Larry Fink expressed his positive stance on crypto assets. In an interview with Fox Business, the CEO confirmed that crypto assets have played a significant role in digitizing gold. Fink urged the US regulatory…
Binance offices in Australia have been invaded by personnel of the Australian Securities and Investments Commission ASIC). The search was carried out yesterday Tuesday 4 July as part of an ongoing probe of the exchange’s defunct derivatives business. In a statement shortly…
Starting November 2023, crypto exchanges in South Africa will be required to register with the country’s financial regulator or face sanctions. This comes after the Financial Sector Conduct Authority (FSCA) declared that no exchange will be allowed to operate without a license….
Top crypto exchange Bitget is launching a crypto loans product to cater to all kinds of customers. The crypto derivatives and copy trading platform announced the product will use a dual-coin approach to enhance crypto loans experience. The approach allows users to…
Bitcoin Depot, North America’s largest crypto ATM provider, went live on Nasdaq Stock Exchange on Monday, July 3. The launching of Bitcoin Depot ranked as the first America Bitcoin ATM provider to be available on Nasdaq. According to Nasdaq, Bitcoin Depot is…
Two South East Asian countries have taken steps to protect crypto investors in their Jurisdiction. Singapore and Thailand have both today 3 July banned crypto exchanges from offering crypto lending services. This is coming as the countries say they have investor protection…
Cameron Winklevoss, the co-founder of the American crypto exchange, was disheartened by the US securities and exchange commission’s (SEC) for failing to green light the Bitcoin exchange-traded fund (EFT) applications. He explained that the SEC regulatory action had pushed the investor to…
A US federal court has ordered top crypto exchange Kraken to turn over user information to the Internal Revenue Service (IRS). Kraken had earlier announced that it would settle charges brought against it by the United States Securities and Exchange Commission (SEC)….
On June 29, the team behind the Polygon network submitted a proposal outlining the necessary architecture designs for its new project Polygon 2.0. The Polygon Labs team suggested that the new projects should constitute four different layers which are easily compatible. The…
While other countries are busy looking for ways to regulate cryptocurrencies, New Zealand wouldn’t have any part in it. The Reserve Bank of New Zealand in a statement today Friday 30 June notified citizens of its intention to monitor the industry, but stated…
On Thursday, the largest crypto exchange in the US by trading volume, Coinbase, announced plans to release its Base platform. The Base platform is a new layer 2 networks centered on the Coinbase platform. The team behind Base confirmed that the launching…
Simon Callaghan, the newly appointed chief executive officer at Blockchain Australia, announced today the need to address crypto scams. Callaghan urged the financial institutions in Australia to join hands with the government and crypto firms in implementing proactive measures to avert crypto-related…
