Binance to support users in Turkey’s earthquake region with $100 airdrops in BNB tokens
[Feb 7, 2023 1:30 PM] According to Binance CEO ‘CZ’, Binance is working on more efforts to help
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Avalanche (AVAX) price is up, but do fundamentals support the rally?
[Feb 7, 2023 12:30 PM] AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum.
The Web3 community responds to Turkish–Syrian earthquake tragedy
[Feb 7, 2023 11:01 AM] In the aftermath of a deadly 7.8-magnitude earthquake in southeastern Turkey, the Web3 community has come together to raise awareness and aid for victims of the disaster.
Digital bank Revolut launches crypto staking for UK and EEA customers: Report
[Feb 6, 2023 2:20 PM] Currently, staking is available for DOT, XTZ, ADA, and ETH crypto assets, with yields reportedly ranging from 2.99% to 11.65%%.
Bitcoin dominates as primary focus for digital asset investors: Report
[Feb 6, 2023 10:46 AM] According to CoinShares, digital asset investment products saw inflows totaling $76 million last week.
Hong Kong securities regulator adds crypto personnel for industry supervision
[Feb 6, 2023 7:30 AM] Regulators in Hong Kong plan for the addition of personnel to “better supervise” the activities of local virtual asset providers.
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
[Feb 6, 2023 4:00 AM] A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured…
Hodlnaut works with potential buyers to sell firm and FTX claims: Report
[Feb 6, 2023 3:54 AM] Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure agreements with the potential buyers.
Bitcoin price over $20K creates FOMO with 620K new BTC wallets
[Feb 6, 2023 3:20 AM] The growth of small BTC addresses was very limited in 2022 and slumped to new lows post-FTX, but a significant surge in January suggests trader optimism is high.
Binance Tax launched to prepare crypto users for the tax season
[Feb 6, 2023 1:50 AM] The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season.
Russia’s Largest Private Bank Launches Digital Asset Platform
[Feb 5, 2023 3:00 PM] Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s monetary authority added Alfa-Bank to its register of digital asset issuers this…
Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities
[Feb 5, 2023 1:00 PM] Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold…
Binance to Support Georgia’s Crypto Industry Through Blockchain Education
[Feb 4, 2023 11:00 PM] Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar…
Russia Expands Its Crypto Mining Capacity, Report Reveals
[Feb 4, 2023 5:00 PM] The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from…
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
[Feb 4, 2023 4:00 AM] Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of…
Uzbekistan Collects Over $300,000 From Crypto Sector
[Feb 3, 2023 5:30 PM] While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees…
CFTC head looks to new Congress for action on crypto regulation
[Feb 3, 2023 2:30 PM] "I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam.
DeFi enjoys a prolific start to 2023: Finance Redefined
[Feb 3, 2023 2:20 PM] DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion.
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report
[Feb 3, 2023 1:30 PM] The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment.
Value of WisdomTree’s crypto holdings fell 61.9% in Q4
[Feb 3, 2023 10:58 AM] The fund manager’s crypto portfolio has booked a loss in three of the past four quarters, according to recent financial statements.
Binance severs ties with Indian crypto exchange WazirX
[Feb 3, 2023 8:10 AM] According to the announcement, WazirX has until the end of the day UTC on Feb. 3 to withdraw all remaining funds it stores in Binance wallets.
Binance re-enters South Korea with GOPAX exchange
[Feb 3, 2023 4:31 AM] With the new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi.
Lack of liquidity mitigated damages to BonqDAO exploit: Report
[Feb 2, 2023 1:00 PM] After amassing $120 million in tokens through an infinite minting glitch, hackers reportedly only cashed out around $1 million due to a lack of liquidity on BonqDAO.
Chinese Communist Party officials issue KPIs for e-CNY transactions in Suzhou
[Feb 2, 2023 12:00 PM] CCP officials want to see the e-CNY surpass $300 billion in transactions in 2023 through promotional efforts.
Bitzlato CEO arrested by Spanish police: Report
[Feb 2, 2023 10:05 AM] Authorities seized an estimated $19.8 million worth of crypto, fiat and luxury goods from Bitzlato executives related to an ongoing money laundering investigation.
Senate Banking Committee’s priorities for new Congress include crypto: Report
[Feb 2, 2023 9:28 AM] Senator Tim Scott, who became the committee ranking member following the departure of Pat Toomey, reportedly plans to make a crypto regulatory framework a priority in 2023.
What crypto hodlers should keep in mind as tax season approaches
[Feb 2, 2023 8:01 AM] Filing crypto taxes can be complex, especially for those exploring the decentralized finance world. Here’s what to keep in mind.
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows
[Feb 2, 2023 6:30 AM] Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the…
Bank of China ex-advisor calls Beijing to reconsider crypto ban
[Feb 2, 2023 4:35 AM] The economist argued that the current crypto ban in China is beneficial in the short term, but big opportunities can be missed in the long run.
Bitcoin paints Nasdaq green as NCI index marks 38% gain in January
[Feb 2, 2023 3:49 AM] The bullish rise of Bitcoin and other altcoins in January helped the Nasdaq Crypto Index to register its third-highest monthly gain.