Following the launch of Telegram on the Open Network (TON) blockchain, bad players have been seen looming on the platform to steal Toncoin from the token holders. Cybersecurity company Kaspersky uncovered the news concerning the ongoing suspicious activities on Telegram. The security…
In its recent publication, the US Internal Revenue Service (IRS), in collaboration with tax regulators, unveiled a draft copy of the new Digital Asset Proceeds from Broker Transactions (Form 1099-DA). The new form will be used in 2025-2026 to report the income generated…
The rise in crypto-related crimes has forced the Thai government to take decisive action to restrict the operation of unregistered exchanges. In an April 19 announcement, Thai regulators confirmed that the restrictive measure on noncompliant exchanges addresses money laundering and online crimes. …
In Thursday’s court hearing, the Manhattan jury found the renowned crypto trader Avraham Eisenberg guilty of engaging in manipulative practices while overseeing the operation of Mango Markets. The court claimed that Mr Eisenberg manipulated the prices on the Mango Market in 2022….
Tether, the world’s largest stablecoin issuer, USDT, has revealed plans to undergo a significant restructuring that will cement the company at the desired market position. Having gained dominance in the stablecoin industry, the Tether team unveiled its restructuring plans to broaden its…
With the dynamism in the financial sector, young adults have demonstrated a growing interest in crypto assets. In a recent study by Policygenius Financial Planning Survey, the American Generation Z and millennials have shifted their focus to crypto investment. The research demonstrated…
Following the court ruling on the Sam Bankman Fried case, the defence lawyers plan to challenge Judge Lewis Kaplan’s decision. On Thursday, April 11, the legal team representing SBF filed an appeal notice seeking to challenge their client’s conviction on seven charges. …
In its advanced announcement, the renowned Web infrastructure and crypto mining hardware development company Auradine announced the successful completion of an $80 million funding round. The April 10 series B funding round was led by fast-paced crypto and fintech companies. The participants…
In its Monday update, the renowned crypto firm Hashkey revealed plans to launch HashKey Global, a regulated platform that will facilitate the buying and selling of digital assets. The launching of HashKey Global came days after the exchange secured a license to…
The price of Bitcoin (BTC) remained above $69,000 on March 29, 2024, despite the market experiencing the largest quarterly Bitcoin futures options expiry event in history. According to the global head of derivatives trading at Bybit exchange, Hao Yang, the event was…
In the Bitcoin and cryptocurrency world, on-chain analysis has carved out a niche as a revolutionary tool for understanding market dynamics. This advanced form of analytics leverages the transparency of the Bitcoin blockchain to offer insights that could potentially predict future market…
Unlike traditional assets, Bitcoin’s value isn’t anchored in physical properties or institutional backing, challenging investors to seek innovative models for its appraisal. This exploration delves into three prominent approaches to understanding Bitcoin’s worth: comparison with gold’s market cap, stock-to-flow models, and analysis…
In the world of cryptocurrency, the terms “hard wallets” and “cold storage” are synonymous with security and protection. As newcomers venture into the crypto realm, understanding these concepts becomes crucial for safeguarding digital assets. Just as one wouldn’t leave physical cash unattended,…
The Essence of Time Preference Time preference is a concept deeply ingrained in human behavior and decision-making. It’s about how individuals value present rewards over future gains, a principle vividly illustrated in the Marshmallow Experiment of 1972. This study revealed how the…
The cryptocurrency world, especially Bitcoin, is one where sentiment significantly influences market dynamics. With Bitcoin’s value plummeting by more than 50% from its May 2021 all-time highs, the crypto community is abuzz with speculations of entering a bear market, characterized by declining…
The Rise of Bitcoin Maximalism In the diverse world of cryptocurrency, Bitcoin Maximalism stands out as a fervent ideology, championing the supremacy of Bitcoin as the ultimate decentralized digital currency. This belief system argues that Bitcoin, with its pioneering blockchain technology and…
The financial landscape is undergoing a shift, with the advent of cryptocurrency challenging the foundations of traditional banking. This digital currency revolution, spearheaded by the creation of Bitcoin in 2009, presents a new paradigm in which decentralization, blockchain technology, and digital assets…
In January 2024, the long-awaited approval of Bitcoin spot Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) marked a watershed moment for cryptocurrency investment. This move has opened the gates for a broad spectrum of investors to engage with…
The inception of Bitcoin in 2009 by Satoshi Nakamoto heralded not just a new digital currency but a communal revolution within technology spaces. Early adopters, spanning tech aficionados to developers across the globe, congregated on digital platforms like Bitcointalk, Reddit, and GitHub….
The founder of the famous Russian crypto mixer Tornado Cash has filed a motion in court demanding the dismissal of the criminal charges against him. Earlier, the regulators accused Roman Storm, the co-founder of Tornado Cash, of engaging in money laundering activities. …
