Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty
Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements…
Jim Cramer Advises Against Using Binance — Says Crypto Exchange Is ‘Way Too Sketchy’
The host of Mad Money, Jim Cramer, has warned investors about using cryptocurrency exchange Binance, stating that the crypto trading platform is “way too sketchy.” Cramer cited former regulator Timothy Massad, who previously served as…
US crackdown will push crypto’s 'center of gravity' to Hong Kong: Kaiko CEO
Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach may just see the city become the “center of gravity” for crypto trading and investments.
BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Report
The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ summit, according to a top Russian official. “The transition to settlements in national…
Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit — Insists Tweeting Support for DOGE Isn’t Unlawful
Tesla and Twitter CEO Elon Musk has asked a U.S. judge to dismiss a $258 billion lawsuit filed against him by dogecoin investors. They alleged that the billionaire operated a pyramid scheme to promote the meme cryptocurrency dogecoin. “There…
Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court
Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining…
FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers
FTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu, for users to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests must be submitted through the new website and will be “subject to…
The Rapid Rise of IXFI Exchange – Now the World’s Biggest Buy Crypto Platform
PRESS RELEASE. Zurich, Switzerland, April 1st, 2023 – Since its launch at the end of 2021 by founders Cristian Andrei, Shailesh Rajput, and Alexandru Badoi, IXFI has attracted nearly 9 million unique visitors and over 350,000 active platform…
US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker
According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this…
Former Activision Blizzard executive joins Yuga Labs as CEO
With Daniel Alegre on board, Yuga Labs is expected to ramp up its metaverse efforts. Previously, he held leadership positions at Google, Activision Blizzard, and Bertelsmann.
March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs
According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last…
Biggest Movers: DOGE Hits 9-Day High, as LTC Climbs 6% on Saturday
Dogecoin rose to its highest point in over a week, as Elon Musk requested that a lawsuit filed against him by investors in the meme coin be dropped. The suit claims that Musk operated a pyramid scheme, following his endorsements of dogecoin…
Binance vs. CFTC: Latest court battle could alter crypto landscape in US
The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits.
Cardano Stands Out In Robinhood’s Top Movers List For The Week
Robinhood, a popular trading platform, listed Cardano among the top gainers in its weekly list of best-performing assets. This is the first time in almost two months that ADA made it to the list. ADA gained 10.15% in the last seven days. It also…
Bitcoin, Ethereum Technical Analysis: BTC Nears $29,000 to Start April, as ETH Also Rebounds
Bitcoin was back in the green on Saturday, as prices moved close to the $29,000 level to start the weekend. Following a volatile session on Friday, cryptocurrency markets were mostly higher entering April. Ethereum moved back above the $1,800…
Solana NFT Trading Volume Declines Following y00ts Migration To Polygon
Solana has experienced a major decline in its NFTs trading volumes following the massive migration of y00ts NFT collection to Polygon. The process began earlier in the week and has seen more than 70% of the NFT holders move to Polygon in the…
The heuristics often described in behavioral economics offer insightful frameworks for understanding mainstream resistance to Bitcoin. This is an opinion editorial by Rich Feldman, a marketing executive, author and advisory board member at Western…
Ripple Releases 1 Billion Tokens From Escrow, XRP Declines By 5%
Prominent crypto payment company Ripple has released a huge amount of XRP from its escrow wallet into circulation. According to a report by blockchain tracker Whale Alert, Ripple transferred a total of 1 billion XRP tokens valued at $513.37 million…
Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025
Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized…
Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk
Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs.
‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder
According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users…
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna…
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