[Mar 20, 2023 11:30 PM] The Argentine tax authority (AFIP) is increasing its scrutiny when it comes to digital wallets. The institution recently revealed it found irregularities in at least 184 tax statements that include digital wallets and cryptocurrencies. These…
[Mar 20, 2023 3:30 PM] On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, acquired 40 former branches of Signature and its…
[Mar 20, 2023 3:00 PM] Bitcoin’s (BTC) upward trend has persisted, reaching its highest level since June 2022 before the FTX collapse. BTC has breached the nearest resistances, successfully filling the Chicago Mercantile Exchange (CME) gap and breaking above…
[Mar 20, 2023 1:30 PM] With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the…
[Mar 20, 2023 7:30 AM] ZEC token, a privacy and anonymity-based cryptocurrency, recorded a slight boost in price today after identifying and solving some wallet security issues. Zcash Foundation partnered with Defuse Security to identify a vulnerability slowing down…
[Mar 20, 2023 5:30 AM] Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the…
[Mar 19, 2023 1:30 PM] Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the…
[Mar 19, 2023 9:00 AM] According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month…
[Mar 19, 2023 4:00 AM] The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and…
[Mar 19, 2023 2:30 AM] Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities comes amid discussions on a proposal to introduce…
[Mar 19, 2023 1:00 AM] A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social…
[Mar 18, 2023 11:30 PM] General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based…
[Mar 18, 2023 12:30 PM] At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in…
[Mar 18, 2023 8:30 AM] According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its…
[Mar 18, 2023 1:30 AM] Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the…
[Mar 17, 2023 10:30 PM] The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to…
[Mar 17, 2023 4:00 PM] After experiencing a sharp decline to $19,700 last week, Bitcoin (BTC) found support at its 200-day moving average (MA). This support helped the largest cryptocurrency by market capitalization to rebound and surpass the previous resistance level of…
[Mar 17, 2023 2:30 PM] At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many…
[Mar 17, 2023 12:30 PM] During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million…
[Mar 17, 2023 11:00 AM] As the broader cryptocurrency sees most coins registering high gains, BNB is among those with a notable price increase. The token has recovered all past weeks’ losses and shows parallel gains from the 30-day to the hourly price increase. The…
[Mar 17, 2023 10:20 AM] Crypto prices are green today in contrast with yesterday’s record. The market-wide rally has pushed the overall crypto market capitalization upward by 6.18%. The daily crypto price charts show OKB sustained its past week’s rally by a 28.73% weekly…
[Mar 17, 2023 6:15 AM] The latest episode of Decentralize with Cointelegraph unpacks whether U.S. regulators are targeting the crypto ecosystem through closure of SVB and Signature Bank.
[Mar 17, 2023 1:30 AM] An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the…
[Mar 16, 2023 11:30 PM] The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and…
[Mar 16, 2023 4:00 PM] On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent…
[Mar 16, 2023 2:00 PM] During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the…
[Mar 16, 2023 12:00 PM] The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources…
[Mar 16, 2023 8:00 AM] Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the…
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