In its official publication, the US Department of Justice (DOJ) filed a motion challenging the plea of Tornado cash developer Roman Storm. Earlier this week, Storm urged the court to dismiss charges of his involvement in the Tornado Cash. Storm was indicted…
The Chicago board options exchange parent company Cboe Global Markets has unveiled its restructuring plan. The proposed reorganization plan targets eliminating the existing digital spot market from the Cboe digital arm. In the upcoming restructuring plan, Cboe will migrate the digital spot…
On Friday, the Taipei District prosecutor accused 32 individuals of involvement in Ace Exchange. The suspected were accused of committing severe crimes of defrauding the investors and engaging in money laundering activities. In the report, the prosecutors proposed that the four primary…
On Friday, the Phoenix wallet revealed plans to exit the US market, citing heightened regulatory pressure. The Phoenix team confirmed that its non-custodial Bitcoin wallet ACINQ would be removed from the Google and Apple marketplace. The decision to exit from the vibrant US…
Some Challenges in Crypto Trading Crypto trading is markedly different from traditional financial markets, with unique challenges that often overwhelm even experienced traders. Market Volatility The cryptocurrency market is infamous for its extreme volatility, with prices that can fluctuate wildly within very…
Sports betting has become a popular pastime globally, transcending borders and uniting fans through the thrill of the game and the exhilaration of wagering. The advent of cryptocurrency in this arena has introduced a new layer of excitement and complexity. This guide…
In an official communication, the Securities and Exchange Commission in the Philippines issued directive orders to giant tech firms Google and Apple. The SEC ordered Google and Apple to scrap the Binance application from their app stores. The directive aimed to safeguard…
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,…
