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…
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…
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…
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…
The ever-evolving nature of crypto assets has attracted criminals to prey on the digital sector. The surge in crypto-related crimes has compelled key industrial players to share their insights on the causes of these crimes and the measures they can take to…
In a June 11 report, Crypto.com was pleased to announce the approval of the Virtual Assets Service Provider (VASP) registration in Ireland. The crypto exchange stated that the Central Bank of Ireland (CBI) approved its VASP early this week. Obtaining the VASP…
Months after the arrest of two Binance executives in Nigeria, theUS policy makers have teamed up calling for the officials’ release. The long waging war for the release of the head of financial crimes and compliance at Binance Tigran Gambaryan, the Nigerian…
Since its inception in 2009, cryptocurrency has gradually found its way into the mainstream, attracting a broad user base globally. In India, however, the regulatory framework has been slow to evolve. It wasn’t until 2022 that the Indian Government formulated and introduced…
Understanding how to manage your cryptocurrency taxes effectively can save you from unwanted stress and financial strain. This guide dives deep into the methods and strategies you can use to minimize your tax liabilities on digital currencies like Bitcoin and Ethereum, ensuring…
Cryptocurrency cashback rewards integrate traditional loyalty programs with the novel appeal of digital currencies. As crypto awareness grows, these programs are becoming a strategic tool for businesses to engage a tech-savvy audience. Typically, these rewards are offered by various companies ranging from…
The President of Argentina, Javier Milei, is expected to tour the USA to meet with the CEOs of giant tech firms. An announcement conveyed by the President spokesperson Manuel Ardoni reveals that Milei will meet with top-level management of Google, Meta, OpenAI,…
As Hong Kong seeks to become the burgeoning crypto hub in Asia, the regulators have stepped up to create a safe and secure environment for trading digital assets. On Monday, the Hong Kong Securities and Futures Commission (SFC) revealed plans to conduct…
