Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse

Circle Internet Financial’s USDC stablecoin saw almost $3 billion in net redemptions, defined as the total number of USDC burned minus the number of USDC minted between Friday, March 10 and press time...

BitMEX halts all activities for a short time temporarily

Ad Crypto exchange BitMEX published an announcement on its website and said it halted all activities except for canceling options. However, BitMEX was able to solve the issue within 20 minutes and unl...

Banks To Innovate With Caution On Crypto-Asset-Related Activities

Advertisement &nbsp &nbsp There is a need to balance crypto innovation with safeguards, and banks engaging in or planning to engage in crypto-asset-related activities should t...

MinePlex Refutes Claims of Illegal Activities and Lack of Working Product in Vietnam

Singapore-registered cryptocurrency company MinePlex denies all allegations of illegal activities made against the company by Vietnamese TV channel VTV. The company plans to take legal action after VT...

Over 130 US Banks Have Ongoing or Planned Crypto Assets Activities ⋆ ZyCrypto

Advertisement &nbsp &nbsp The number of banks in the U.S. under the Federal Deposit Insurance Corporation (FDIC) dabbling with crypto assets has continued to surge, indicating...

Crypto Miners’ Activities Highly Affect Market; Says Analyst

CryptoQuant shared an insight into the crypto miners’ selling activity claiming that it affects the market. The blog reiterated that the market is affected by the miners’ activities as they hold a lar...

Bitcoin On-Chain Activities Are Soaring Against the Regulatory Tide: Report ⋆ ZyCrypto

Advertisement &nbsp &nbsp The introduction of NFTs on the blockchain has increased on-chain transactions to record highs. The rising network usage comes despite the heavy-hand...

Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities

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U.S. Treasury Janet Yellen calls for ‘strong regulatory framework’ for crypto activities

United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20 meeting on Feb. 25.  Speaking to Reuters, Yellen s...

Daily GitHub Development Activities on Ethereum Beat Polkadot, Cardano

Ethereum outranked Cardano and Polkadot in the daily GitHub development activity list. In the last 30 days, Polkadot and Kusama experienced more development activities. Ethereum Shapella network upgra...

SBF Hides his Online Activities: US Attorneys Share Concerns

SBF has been using a virtual private network to access the internet. The US attorneys shared their concerns on the possibility of SBF hiding his online activities. The Manhattan judge stated that whil...

China Launch Activities to Reiterate Digital Yuan’s Usage 

China organises extra curricular activities to boost CBDCs adoption.  Senior ruling party official says CBDCs adoption is decreasing.   Over 180 million yuan worth $26.6 million were distributed in se...

BlockSec Spots Suspicious Activities on BSC Network; Suspects Hacks

BlockSec identified some suspicious activities within the BSC network. The platform informed that a specific address is suspected to launch attacks by exploiting the flash loan callbacks. It also expl...

Glassnode: Whale Activities Dropping on Bitcoin and Ethereum

Glassnode shows whale participation is fading away for Bitcoin and Ethereum. Number of ETH addresses holding up to 1,000 coins and above reached a one-month low. Whales are taking profit from recent m...

Fed policy to align bank oversight could limit crypto activities by state banks

The United States Federal Reserve Board announced on Jan. 27 that it was issuing a policy statement regardin limitations on banks. The policy seeks to create a level playing field and limit regulatory...

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities – Regulation Bitcoin News

The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. ...

Aptos APT Reaches New ATH Amid Rising DeFi Activities

Layer 1 blockchain network Aptos’ native token APT reached a new all-time high of $14.18 during the early trading hours of Jan. 22 after surging by over 200% since the beginning of 2023. According to ...

Environmental activities sue the New York Public Service Commission for approving a crypto mining facility

On Jan. 13, environmental activists filed a lawsuit against the New York Public Service Commission (PSC) for approving a crypto mining facility in the state. The Guardian reports that in September 202...

Illegal on-chain cryptocurrency activities reach all-time highs of $20.1B

Illicit cryptocurrency on-chain transaction volume reaches all-time highs of $20.1 billion, growing for the second year in a row, according to a recent report by Chainalysis. The report said: We have ...

ECB Board Member Urges Regulators To Treat Crypto Like Gambling Activities

– Advertisement – Crypto community members are not pleased with the latest blog post from the ECB. Crypto community members yesterday and today took to Twitter to express their views on a ...

US Federal Regulators Warn About Crypto Activities

The crypto space received more regulatory attention through the end of 2022. The collapse of one of the largest global digital asset exchanges brought massive losses to the industry. This event spurre...

Solana Down 73%, and More to Come as Developers Halt All Activities on Network

Arman Shirinyan Solana is losing ground under its feet as developers are leaving network Solana earned itself the title of punching bag of the year as it has been gradually losing its value throughout...

Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities – Economics Bitcoin News

Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto an...

Buenos Aires plans to tax crypto mining activities in 2023

A province in Argentina, Buenos Aires, will begin taxing cryptocurrency mining activities and probably staking in 2023. A new proposal introduced by the government stated that cryptocurrency mining wo...

New York State issues guidance for banks seeking to engage in activities with crypto

The New York state Department of Financial Services (DFS) released guidance on Dec. 15 for regulated banks seeking to engage in activities with virtual currency. The guidance, which took effect immedi...

Things Have ‘Stabilized’, CryptoQuant Says ‘No Shady On-Chain Activities’ From Binance

– Advertisement – Ki Young Ju believes Binance’s on-chain activity looks normal for now, even as CZ says things have stabilized. In a tweet yesterday, CryptoQuant chief Ki Young Ju asserte...

Crypto Wallet Activities Under Watch of Russian Ministry

The Russian Ministry of Internal Affairs took the initiative to keep watch on crypto wallet owners and track transactions. Given these efforts, as reported, MVD employees have been given the access to...

Latest Ethereum Short Price Rally, Courtesy Of Whale Activities?

Ethereum has been showing bullish momentum in the last seven days. ETH has gained momentum in the past 24 hours, while other coins are still declining. This rally supports some theories that the asset...

Bandesal Bank in El Salvador Won’t Discuss BTC Activities

Bandesal – a traditional bank in the nation of El Salvador – is refusing to discuss with reporters how the country is spending its bitcoin funds. It will not provide any data regarding how the country...

Canadian state suspends crypto mining activities for 18 months

As per local media sources, the Canadian state of Manitoba has placed an embargo on new cryptocurrency mining operations for the next 18 months because of concerns that such enterprises will overload ...

8 U.S. House Members Attempted to Stop SEC’s Inquiry Into FTX Activities

– Advertisement – The congress members claimed that SEC’s inquiries in the crypto community could kill American innovations. According to a recent report by prominent media outlet, The Ame...

FTX Crypto Exchange Backed Liquid Exchange Suspends Trading Activities

The FTX insolvency case has placed the crypto exchange in shambles, leading to the Chapter 11 bankruptcy filing. While the proceedings remain on course, customers whose assets are stuck on the platfor...