U.S. representatives, Congresswoman Norma J. Torres and Congressman Rick Crawford, on Monday proposed a companion bill titled “Accountability for Cryptocurrency in El Salvador (ACES) Act.” The bill is...
Tag: Cryptocurrencies
US DOJ Seizes $34M Worth of Crypto Linked to Dark Web Fraud
The United States Department of Justice (DoJ) has recently seized hold of cryptocurrency to the tune of $34 million traced to illicit dark web activities by a South Florida resident whose identity rem...
Singapore Passes Bill to Tighten Regulations for Crypto Firms
Singapore has now passed a Financial Services and Markets bill that will tighten regulations for crypto firms across the country, Bloomberg reported on Tuesday. The bill, which was passed on Tuesday, ...
Crypto Investors Store 40% of Assets on a Single Exchange
A Yearly Crypto Security Self audit report published by crypto security company NGRAVE shows that a significant number of cryptocurrency investors still store their assets on a single exchange platfor...
RBIS: The biggest rising star in cryptocurrencies
The most popular projects in the crypto market today offer a wide array of services that enable investors to diversify their crypto portfolios and explore multiple facets of blockchain technology from...
UK Government Announces NFT Mint and Plan to Dominate Crypto
The UK government has been making consistent efforts to increase the country’s involvement in the global digital asset industry. In a new development, the UK government has revealed plans to issue a n...
Georgia Reveals Plans to Regulate its Crypto Market
Georgia is currently planning to set up regulatory frameworks that will guide the use of cryptocurrencies in the country. The framework will include licensing, compliance testing, and Anti Money Laund...
Crypto Adoption as Inflation Hedge Takes Off in Brazil and Indonesia
A recent survey conducted by cryptocurrency exchange Gemini has revealed that crypto adoption spiked in 2021. Over 30,000 investors around the world acquired digital assets last year to curb the infl...
Terra (LUNA) DeFi TVL Reaches $30B Milestone
The algorithmic stablecoins platform, Terra, has recently been witnessing increased DeFi activity, with both the network’s total value locked (TVL) and native token, LUNA, reaching new all-time highs ...
US SEC says cryptocurrencies should be treated as a liability
The US Securities and Exchange Commission (SEC) has urged cryptocurrency companies to disclose potential risks from digital asset investments. The regulatory body has also warned those investing in di...
Australian Convenience Store Chain to Start Accepting Cryptocurrencies
Alex Dovbnya Convenience store giant On The Run (OTR) is the largest brick-and-mortar store to start accepting cryptocurrencies in Australia On The Run (OTR), a major convenience store chain, will soo...
4 Events that should be known by everyone willing to invest in Cryptocurrencies.
Cryptocurrencies have always been a hot topic since they came into existence. More and more people today are getting attracted to Crypto Markets. It is fine to consume new knowledge which might or mig...
Did Thailand Just Prohibit Cryptocurrencies?
Thai Crypto Ban: Will the new regulations affect the crypto industry in Thailand? Yes and no, says Raymond Hsu, CEO and co-founder of Cabital. Many people in the blockchain industry for the last year ...
Want to Add Crypto to Your Retirement Portfolio? Here’s How, and What to Consider.
With many cryptocurrencies surging last year as the overall market surpassed $3 trillion in value, a growing number of retirement savers are looking for ways to tap into the potential. Before joining ...
Bitcoin and Ether Prices See Worst Day in Weeks. Dogecoin and Shiba Inu Tumble.
Text size Bitcoin falls but holds above the key technical level of $45,000. Dreamstime Bitcoin and other cryptocurrencies fell Friday, with some of the largest digital assets recording their worst per...
DeFi Protocol Inverse Finance Suffers $15M Hack
Blockchain security firm PeckShield raised an alert on Sunday that DeFi protocol Inverse Finance has been exploited with hackers draining around $15 million. According to findings by the security firm...
Can BTC Flip $50k This Month?
Bitcoin ended the first quarter of 2022. Price most definitely didn’t go as planned for the bulls planned as Bitcoin closed the past three months almost the way it started. It failed to retest $50k si...
Indonesia’s New Crypto Tax Law Will Take Effect on May 1
Indonesia has joined a growing list of countries to impose taxes on cryptocurrency transactions and revenues. Indonesia Unveils Income Tax and VAT for Crypto An Indonesian tax official has revealed th...
DeFi Cryptocurrencies to Make You Rich – Terra (LUNA), Tezos (XTZ), and Logarithmic Finance (LOG)
Place/Date: – April 1st, 2022 at 11:36 am UTC · 3 min read Source: Logarithmic Finance Cryptocurrency has truly breached the mainstream consciousness. Before last year, Bitcoin (BTC) was the onl...
Top Discord Channels for NFTs Compromised in Massive Phishing Attack
Bored Ape Yacht Club (BAYC) Discord server has just been compromised in a reported massive phishing attack which has led to the theft of at least 1 MAYC NFT. The incident was first identified and aler...
Turkish Prosecutor Seeks 40564-Year Jail Term for Crypto Exchange CEO Over Alleged $24M Fraud
A cryptocurrency exchange boss alongside his cohort of executives could face the longest jail term in crypto history if found guilty over an alleged $24 million fraud. A Bloomberg report on Friday rev...
South Korean Banks Looking For Affirmation On Cryptocurrencies
The Korea Federation of Banks (KFB) might request South Korea’s incoming Presidential administration to support local banks servicing cryptocurrencies, highlights a leaked draft report. The content i...
Italian Fashion Brand Off-White Now Accepts Crypto for Payments
One of the world’s hottest fashion brands, Off-White, is now accepting cryptocurrencies as payments for its service. Off-White Enables Crypto Payments According to the report, Off-White has started ac...
Ethereum’s major upgrade is coming. Should you be more bullish on it than bitcoin?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Russia seeks hope in cryptocurrencies
After being hit hard by the war and the sanctions it caused, Russia is trying to revive its economy through cryptocurrencies. Russia may open its doors to mining Bitcoin and other PoW cryptocurrencies...
BNY Mellon Becomes New Custodian of USDC Reserves Via Partnership With Circle
Circle, a global Internet financial payments company and issuer of the USDC stablecoin, announced today that the Bank of New York Mellon Corporation (BNY Mellon) has become the primary custodian of US...
Bitcoin Prices Steady After Crypto Heist. A Prominent Whale Is Getting Bigger.
Text size Bitcoin prices have held onto recent gains. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies were mostly steady on Wednesday, holding onto recent gains and shaking off pressure on...
Crypto’s Coming Shock
Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin on display in Paris, France in 2018. (Photo Illustration by Chesnot/Getty Images) Getty Images The crypto world heaved a ...