Fri, December 19

Celsius Network Placed Under DFR Investigation

DFR is set to investigate the crypto lending platform, Celsius.  As per DFR, Celsius is an ‘unregistered security’, it operated outside the law. The U.S based Vermont Department of Financial Regulation (DFR), has a recent update on the crypto firm, Celsius Network. According to a statement issued on Tuesday, DFR

July 13, 2022 2 mins read

Kazakhstan Regulations Added Amendment on Crypto Mining

Taxes will be calculated based on the average cost of the electricity used to make coins. PIT rate on dividends was raised from 5% to 10% under the new Tax Code. A bill extending Kazakhstan’s Tax Code to impose higher tax rates on cryptocurrency miners has been enacted by the

July 13, 2022 2 mins read

Euro Slides To Its 20-Year Low, USD Soon To Flip EUR

For the first time in 20 years, the US dollar has surged over the euro. Euro surges over 40% from its all-time high of €1.5990. The euro’s common currency exchange rate turned closer in line with the US dollar, as heat concerns and the risk of economic downturn weighed on

July 12, 2022 2 mins read

How Are Cryptocurrencies Analogy To Online Gambling?

Recently, Sebastian Mallaby compares cryptocurrencies to gambling. According to Mallaby, cryptocurrencies cannot change the investing field. The English journalist and author Sebastian Mallaby has specific views about cryptocurrency trading. In a recent interview with CNBC, he compares cryptocurrency to gambling. According to Mallaby, Gambling is a big business, where players

July 12, 2022 1 min read

Fifth Largest Swiss Bank Offers Crypto Trading and Custody Services

PostFinance allows its customers to trade Bitcoin by 2024. Last year, revenues from Swissqoute crypto trading services were over $103 million. The Swiss Post Office has announced plans to expand its cryptocurrency offering by launching a trading and custody service through its banking arm PostFinance. Despite the volatile cryptocurrency market,

July 12, 2022 1 min read

ED Reveals New Figures In Morris Crypto Scam

ED has attached $140 million worth of assets to the Morris crypto scam case. Now the total assets attached to Morris’ cheating case are $507.2 million. The Morris coin cryptocurrency cheating case has an update from the Directorate of Enforcement (ED), around $140 million in assets were added to the

July 12, 2022 2 mins read

Celsius Network Minimizes Debts Amid Bankruptcy Battle

Celsius Network paid off $113,105,000 on its Aave and Compound loans. Celsius freed up more than $450 million in collateral. Since last week’s wave of bitcoin loan repayments, the troubled cryptocurrency lender Celsius Network which has suspended customer withdrawals due to liquidity issues has paid off $113 million on its

July 12, 2022 2 mins read

Is SEC Being Against Public’s right to Access in Ripple Case?

Ripple criticizes the SEC for their unprecedented request. The court ordered SEC to present its case for sealing by June 14. The Security Exchange Commision (SEC) is taken the extreme position that the identities of its experts and any significant commentary of their reports should remain secret request for an

July 11, 2022 2 mins read

Will Musk’s Abrupt Twitter Deal Drop Lead to Another Lawsuit?

In 2018, a sexual harassment case was filed against Tesla’s CEO. A lawsuit against Musk for promoting Dogecoin is in proceedings. Twitter reportedly wants to take legal action against Tesla and SpaceX CEO Elon Musk over the decision of terminating the 44 billion dollar deal. And appoints the New York

July 11, 2022 1 min read

Kevin O’Leary Foresees Further Dips In The Crypto Market

Kevin O’Leary holds the 32nd position in the digital asset sector. Kevin is still on the lookout for a significant capitulation event. In a recent interview with the investment channel on YouTube, Shark Tank star and venture capitalist Kevin O’Leary stated his belief that digital assets have not bottomed out.

July 11, 2022 1 min read
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