The Cayman-based crypto exchange Gate.io has announced plans to wind down operations in Japan due to regulatory pressure. The renowned centralized crypto exchange Gate.io has confirmed plans to exit the Japanese market. In a July 22 announcement, Gate.io will prioritize complying with…
The private equity platform, Unbound Fund allows investors to secure Portuguese and EU citizenship via Bitcoin-driven investment. A newly established private equity fund – Unbound Fund – is promoting the pioneer Bitcoin-driven golden visa avenue onboarding overseas investors in earning Portuguese and…
Blockchain analytic firm Arkham Intelligence confirms that the US has moved millions of seized Bitcoin to crypto exchanges. As Bitcoin’s price breached the $66K resistance level, the king coin is expected to face considerable selling pressure after the US government moved millions…
Hive Digital Technologies has announced plans to expand to Paraguay to capitalize on crypto mining in the region. On Monday, the Canadian crypto miner Hive Digital announced plans to expand to Paraguay. In the announcement, Hive plans to establish a 100-megawatt mining…
The UK’s transition to a Labor-controlled government after 14 years prompts concern about whether the Chancellor of the Exchequer could utilize the country’s Bitcoin holdings to fund the party’s goals. The transition from the Conservative Party-run government to the Labour is prompting…
As the defunct Japanese crypto exchange Mt. Gox begins repaying the 2014 hack victim, the criminals are preying to steal creditors’ funds. The affected Mt. Gox creditors claimed that criminals were using brute force attempts to compromise their accounts. As the Mt.Gox…
A court in Manhattan has found New Jersey Senator Bob Menendez guilty of bribing and acting as a foreign agent of the Egyptian government. On Tuesday, Senator Menendez was found guilty of 16 criminal accounts relating to bribes and corruption. At a…
Multinational investment giant BlackRock CEO backs Bitcoin as a choice asset for individuals with pessimistic outlooks. BlackRock chief executive Larry Fink endorsed Bitcoin during his appearance on a CNBC interview. The executive profiled himself as a firm believer in the top crypto…
Financial stability and independence are dreams we all share. This is why most people earn and save money to invest in schemes that promise a secure future, whether for retirement or achieving specific goals. However, sometimes things don’t go as planned, and…
The German government has moved another 1000 BTC to three exchanges amid the Bitcoin sell-off chaos. Since mid-June, the crypto market has witnessed the toughest spell following the German government’s BTC sell-off. Despite the market turbulence, the German government seems not to…
On Monday, the US Securities and Exchange Commission (SEC) filed charges against the now-defunct Silvergate bank. The market regulators accused the Silvegate team of misleading the public and failing to monitor over $1 trillion in transactions. The SEC noted that the crypto-friendly…
In its advanced communication, the prominent blockchain security firm CertiK announced that it had successfully integrated its Asian cloud infrastructure into Alibaba Cloud. The CertiK team stated that the migration to Alibaba Cloud aimed at expanding the company’s security offering. The company…
On Monday, the Hawaii Department of Commerce and Consumer Affairs (DCCA) was pleased to announce that crypto firms will be exempted from the money transmitter license (MTL). The decision to allow the crypto firms to operate without the MTL emanated from the…
On Monday, the second largest stablecoin issuer, Circle, was approved to operate as an electronic money transmitter (EMI) in France. The Circle team was pleased to state that the approval of EMI allowed the stablecoin issuer to offer its diverse crypto product…
A court in North Carolina has found a 24-year-old man guilty of conducting multiple housebreaking crimes. Remy St. Felix was accused of breaking into people’s homes to steal Bitcoin and other crypto assets. Unlike other robbers, Felix targeted the homes of wealthy…
A court in Melbourne, Australia, has ordered a 31-year-old man to face a two-year imprisonment for violating federal law. The court accused the suspect of engaging in cyber-related crime by using falsified documents to create crypto accounts. According to the Australian Federal…
In an exclusive interview with the Mirror World Labs chief executive Chris Zhu was pleased to state that blockchain use cases have been on a steady increase. The executive argued that despite the exciting adoption of blockchain the developers lack the necessary…
As the crypto industry evolves, key market players are exploring ways to meet customer needs. The integration of advanced technologies in crypto and blockchain has led to the emergence of new financial systems. Among these, decentralized finance (DeFi) stands out with its…
As the financial sector seeks to integrate the use of crypto, central banks are exploring possible ways to launch a digital currency. A survey conducted by the Bank for International Settlements (BIS) demonstrated that 94% of the central banks were working on…
X Corp.boss Elon Musk has dropped charges against OpenAI and its chief executive, Sam Altman. The decision came days before the San Francisco court announced its verdict on the case. The court was expected to determine whether it was appropriate to proceed…
