Short liquidations in the cryptocurrency market have just reached their highest level since July 2021. This marks the largest losses in 18 months for traders who opened shorts (downward positions) on Bitcoin and…
Grayscale filed a reply brief in its appeal of the United States Securities and Exchange Commission (SEC) denial of its application to convert its $12-billion Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin…
The European Law Enforcement Agencies dismantled a crypto fraud network and seized over $1 million in cryptocurrencies and €50,000 in cash. Recently, the favorite trick of fraudsters has been to lure innocent citizens…
Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it’s considering the launch of a spot Bitcoin ETF on the city’s exchange…
The Alameda liquidators face multiple embarrassments while retrieving the assets from the wallets. They recently lost $72,000 to DeFi liquidation. Since Sam Bankman-Fried has been out on bail, the Alameda wallets are under…
The names of up to nine million FTX customers are set to remain confidential for at least three more months following the latest ruling in FTX bankruptcy proceedings. The decision was reportedly made…
Amazon Web Services (AWS), the world’s leading cloud computing service provider, has teamed up with Ava Labs, a blockchain technology company, to help scale the adoption of blockchain across various industries. The partnership…
Argentina’s Ministry of Economy, the country’s economic policy manager, has drafted a bill to encourage Argentines to declare their cryptocurrency holdings with the inducement of discounted tax rates. Aimed at combating money laundering,…
Central Bank Digital Currencies (CBDC) implementation continues to see new development in 2023. From Europe to Russia, all have taken significant steps to fasten the process. But at what costs? Over ninety percent…
Nepal’s telecommunications regulator has ordered the country’s internet service providers (ISPs) to block all cryptocurrency trading websites, threatening legal action against those that fail to comply. In a Jan. 8 notice, the Nepal…
Hong Kong and France speed up the crypto regulation process while other countries also steadily move to regulate the asset class. The FTX collapse has pressured regulators globally to speed up on how…
Australian crypto exchange Swyftx is set to shutter its crypto-interest product this week, citing a “constantly changing regulatory landscape” for crypto products in the country. From Jan. 10 local time, the crypto exchange will…
Solana Foundation-ran Remote Procedure Call (RPC) endpoints are offline because of a bug in the Validator client’s test release 1.14. Solana Status said the bug impacted nodes that had adopted the latest test…
The US government has called for those who think they are affected by Sam Bankman-Fried’s (SBF) crimes to get in touch with the prosecutors in other to verify if they are victims. According…
The United States Attorney’s Office for the Southern District of New York has launched a page on its website appealing to Sam Bankman-Fried’s alleged victims of fraud at FTX to come forward and…
One of America’s most famous and enduring idioms came from the founding father, Benjamin Franklin. Whilst ruminating on his new country’s constitution, he hoped it would be durable. “But, in this world,” he…