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Chainalysis Report Reveals 22% Decline In Global Crypto Usage
Blockchain analysis firm Chainalysis recently published a crypto adoption report in Eastern Europe discussing the rise in transaction activity despite the Russia-Ukraine war. The publication highlighted that Eastern Europe ranks...
European Market Watchdog Advises Crypto Firms To Prepare For Rules
On October 17, Bloomberg reported that the European Securities and Markets Authority has urged crypto firms and national regulators to be prepared for the new European Union’s new industry regulations...
Binance.US Halts USD Withdrawals, No Longer Holds USD: New ToS
Earlier today, crypto trader Asher Hopp tweeted that Binance.US has upgraded its Terms of Services (ToS). The updated language is likely to alarm some users: Binance.US announced that it no...
Crypto Exchanges Turn to Lending to Buttress Dwindling Revenues
On October 16, Bloomberg published an article on a noteworthy trend among centralized crypto exchanges. Suffering from low trading volume and declining revenues, centralized exchanges are doubling down on their...
Sam Bankman-Fried’s Legal Team Demands ADHD Medication in Filing
The legal team defending FTX founder Sam Bankman-Fried is negotiating to access his ADHD medication, Adderall. As Bankman-Fried’s criminal trial in a New York court rolls into its third week,...
New sFRAX Vault Locks $35 Million Worth Of Deposits In 24 Hours
On October 12, Crypto Hedge Fund Ouroboros Capital announced that the decentralized cross-chain protocol, Frax Finance introduced sFRAX, an ERC4626 staking vault, enabling FRAX holders to earn yields equivalent to...
Shibarmy Warns Community to Verify Emails, Stay Safe from Scams
Shibarmy, a Twitter account that updates news about scams related to Shiba Inu, posted a screenshot of a fraudulent email on October 11. The account warned the Shiba Inu community...
Japan Launches Digital Currency To Process Clean Energy Certificates
According to a news report from Reuters, crypto exchange DeCurret announced on October 12 that a group of Japanese companies, including Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo...
India’s Central Board Of Direct Tax Report ₹700Cr in Tax From Crypto
Indian CBDT Chairperson Nitin Gupta shared that the government has garnered more than ₹700 crore in tax revenue from crypto trading. Back in August, a network linked with Parimatch was...
BTC To Serve as ‘Safe Haven Asset’ During U.S Government Shutdown
In a recent tweet, crypto educator CryptoBusy explained how a US government shutdown will push investors toward Bitcoin “as a hedge against economic uncertainty.” The BBC reported how the US...
After Buterin, Ethereum Foundation Transfers 1.7K ETH To Uniswap
Crypto analytics platform Arkham Intelligence’s data revealed that the wallet address “0x9eE457023bB3De16D51A003a247BaEaD7fce313D,” belonging to the Ethereum Foundation, swapped 1,700 ETH for 2.738 million USDC on the Uniswap decentralized exchange. However,...
Retail Trading Of Stablecoin Prohibited Till 2024: Hong Kong Official
According to a local news outlet, Ming Pao, the Secretary for Financial Services and the Treasury in Hong Kong, Christopher Hui, has announced that retail trading of stablecoins will not...
Venture Capitalist Calls Out Binance For No ‘Proper Accounting System’
Venture capital fund Cinneamhain Ventures partner Adam Cochran recently called out Binance’s U.S. subsidiary for the lack of an accounting system, maintaining minimal records, and struggles to effectively generate an...
Crypto YouTuber Waiting For Bitcoin To Hit $142K Before Exit
Crypto YouTuber ‘InvestAnswers’ recently posted a video answering questions from his top fans, discussing his Bitcoin (BTC) exit strategy. He mentioned that BTC’s price didn’t reach his desired goal during...
SEC Could Label “Pokemon Cards” as Securities, Coinbase CLO
Earlier today, Coinbase Chief Legal Officer, Paul Grewal posted on X (formerly Twitter) that the US SEC responded to Coinbase’s motion to dismiss and restated its stance that certain cryptocurrencies...
Ripple CTO Encourages Followers To Vote For New Clawback Feature
On October 2, Ripple’s Chief Technology Officer, David Schwartz posted on X (formerly Twitter) about a “clawback” feature on blockchains with stablecoins, that restricts users interested in interacting with stablecoins...
Krafton Launches Cosmos-Based Payment System For $250B Economy
Prominent South Korean video game company, Krafton who is responsible for popular games like PUBG: Battlegrounds recently announced that they are launching on the Cosmos blockchain network, at the Circle...
‘Is BlackRock Looking Into Cardano?’ Discusses Crypto Twitter
On October 1, crypto monitoring platform Altcoin Daily tweeted “Is BlackRock looking into Cardano?” This triggered varied reactions across the crypto community on Twitter, with most of the members optimistic...
Taiji Capital Launches Hong Kong’s First Token-Based Real Estate Fund
As reported by local news outlets, investment firm Taiji Capital has announced the launch of Hong Kong’s first real estate fund Security Token Offering (STO) through its subsidiary Pioneer Asset...
Will ChatGPT’s Recent Upgrade Power A New Era For Crypto?
ChatGPT’s recent update will allow it to browse the internet for correct information. The crypto industry uses ChatGPT to make crypto price predictions. Firms including the Solana Foundation and Elliptic...
Impossible To Extradite Do Kwon To The US: Terraforms Labs’ Lawyers
A court filing by Terraform Labs’ legal defense team from September 27 has surprised the community as the lawyers claimed that “it would be impossible for Mr. Kwon” to be...
Bank Of International Settlements’ GM Calls For Legal CBDC Framework
Earlier today, Agustin Carstens, the general manager of the Bank for International Settlements (BIS) stated that all nations should establish legal facilities that facilitate the implementation of central bank digital...
BTC Advisor Called Out By Visa Product Head & XRP CTO For Tweet
Earlier today, Visa Installment’s product head and former employee of Ripple, Josh Giersch, criticized Max Keiser for his problematic stance on XRP. On September 24, Keiser, who is the Bitcoin...
CoinGecko’s Latest Report On Ethereum Liquid Staking Notes 4.4% APY
Crypto data and analytics platform CoinGecko just released an Ethereum Liquid Staking report for 2023, comprising a detailed overview of Liquid Staking Derivatives (LSDs) after Ethereum’s Beacon chain launch in...
Ben Armstrong Pulls Up On Former Associate Carlos Diaz, Gets Arrested
On September 26, Bitcoin expert Ramekin shared a 37-minute video of popular crypto influencer Ben Armstrong, also known as Bitboy Crypto, live streaming outside the property of a former business...
