Do Kwon And Luna Foundation Guard Deny Link To Bitcoin
The Terra saga continues to unfold, with a new chapter added to it this week. Authorities in South Korea have taken action to freeze Bitcoin worth $60 million, which they…
Crypto Exchange FTX.US Is Changing Its President
On Tuesday, the US President of FTX, Brett Harrison announced that he would be stepping down from his position, while the crypto exchange is in the midst of a massive…
Hackers Steal $1 Million In Crypto From Ethereum ‘Vanity Address’
A tool named Profanity was used for generating an Ethereum ‘vanity address’ and cryptocurrency worth $950,000 was stolen from it. A similar vulnerability had been leveraged in the exploit, which…
Binance Wants To Support Terra Community By Announcing Burning Trading Fees For LUNC
Binance was founded by Changpeng Zhao back in 2017 and since then, the exchange has surpassed all other major exchanges to become the “No. 1 Exchange”. However, the exchange has…
Despite Social Hype About Vasil, It Has Not Done Much In Favor Of Boosting Cardano’s Price
The developers behind Cardano (ADA) had managed to create much hype surrounding the latest upgrade (hard fork) for the digital asset. They dubbed the particular upgrade “Vasil” and over time,…
Iran Has Launched Test Pilot For Its Central Bank Digital Currency
Iran has good news for its citizens as it has announced the launch of its pilot for digital rial. Iran Launches Crypto Rial Pilot According to the latest reports, Iran…
CFTC Sues A DAO Giving Rise To Legal Questions
Regulatory authorities continue their crackdown on the crypto market. On Thursday, the Commodity Futures Trading Commission (CFTC) announced settled charges against founders of the bZx protocol. The CFTC has imposed…
Another Cryptocurrency Firm Has Filed For Bankruptcy Due To Constantly Rising Pressure
Compute North has recently made an announcement in regard to filing for bankruptcy. The company has reasoned that the crypto winter has cornered them, forcing them to make the decision…
Coinbase Rejects Allegations Of Proprietary Trading And ‘Market Maker’
On Thursday, a report from the Wall Street Journal alleged that publicly listed crypto exchange Coinbase had hired traders for using the company’s funds for making trades and staking cryptocurrency…
Indian Government Working On GST Application On Crypto
Reports indicate that the Indian finance ministry is trying to figure out how the goods and services tax (GST) could also be applicable to crypto transactions. According to a source,…
Ukraine To Revise Virtual Assets Law As Per EU Rules
The legislation applicable to virtual assets in Ukraine is already being amended in order to ensure that it is in accordance with European standards. A number of government institutions in…
SEC And Ripple Ask For A Summary Judgement Over XRP Sales
Both the US Securities and Exchange Commission (SEC) and Ripple Labs have asked a government judge to provide a quick ruling about the XRP sales of the company and whether…
Vietnam Crypto Miners Complaining Of Losses Due To Ethereum Merge
Last week, the world’s second-largest cryptocurrency, Ethereum underwent ‘The Merge’, an event that marked its transition to a proof-of-stake (PoS) consensus algorithm from a proof-of-work (PoW) one. This transition means…
Billionaire Jeff Gundlach Talks About When To Buy Crypto
Known as the Bond King, Jeff Gundlach recently talked about the best time for buying cryptocurrency. The billionaire said that a true pivot from the US Federal Reserve was needed.…
Senator Toomey Challenges SEC Chairman’s View Of Crypto Tokens
On Thursday, the chairman of the Securities and Exchange Commission (SEC), Gary Gensler had to face a rather fierce grilling over the role of the regulatory body in developing rules…
Russian Businesses To Decide Which Crypto To Use For Cross-Border Payments
According to officials in Moscow, companies in Russia may start using crypto for conducting transactions with partners abroad in the next year and they will have the freedom to choose…
Corporate Data Blockchain Pilot To Be Launched By Symbiont And SWIFT
On Tuesday, SWIFT made a public announcement, where for the first time, the group disclosed some of the projects it had been working on. According to the group, it is…
Buenos Aires May Implement Blockchain Systems For Social Aid Payments
A bill was introduced by Buenos Aires’ lawmaker Dario Nieto, which aims to provide transparency in social aid payments with the use of blockchain systems for this purpose. Nieto has…
Indian Finance Minister Urging IMF To Take The Lead In Crypto Regulation
Nirmala Sitharaman, the finance minister of India, has urged the IMF to take the lead when it comes to the regulation of crypto assets. Kristalina Georgieva, the Managing Director of…
Investor Sues South Korean Exchange For Delaying Coin Transfer
According to reports, Upbit, a crypto exchange in South Korea, was recently sued by a crypto investor for its failure to process his transfer of luna coin before the crypto…