Sun, July 6

Montenegrin Court Rejects Do Kwon’s Appeal, Clears Path for Extradition

Do Kwon, co-founder of Terraform Labs, was previously granted an additional legal avenue when the Constitutional Court of Montenegro allegedly rejected an appeal by the Korean cryptocurrency tycoon over his extradition. Korea JoongAng Daily reports that the court’s unanimous verdict essentially upheld an earlier finding supporting Kwon’s extradition. By citing

December 25, 2024 2 mins read

What India’s Finance Ministry Thinks About DeFi and Its Risks?

As many countries, including the United States, show growing support for cryptocurrency, India’s Ministry of Finance recently discussed its views on Decentralized Finance (DeFi), highlighting both its promise and the challenges it poses. In response to a question in the Rajya Sabha, Pankaj Chaudhary, Minister of State for Finance, acknowledged

December 25, 2024 2 mins read

Independent Reserve Becomes First to List Ripple RLUSD in SG

Ripple’s RLUSD stablecoin has officially debuted on Singapore’s first licensed crypto exchange, Independent Reserve (IR). The stablecoin became available on December 22, 2024, for trading against the Singapore dollar (SGD) and the US dollar (USD). This launch highlights Singapore’s growing role as a hub for crypto innovation and regulation. Independent

December 25, 2024 2 mins read

37% of UAE Investors Eye Bigger Crypto Portfolios by 2025

The UAE is witnessing a remarkable surge in cryptocurrency investments. According to a recent eToro survey, 37% of UAE investors plan to increase their crypto investments in 2025. Bitcoin and stablecoins, such as Tether, continue to dominate the market. From 2023 to June 2024, the UAE saw a $34 billion

December 25, 2024 1 min read

India’s ₹6,000 Cr Crypto Tax Loss

India is losing significant revenue due to its current crypto taxes policies, as revealed in a report by the Esya Centre. The country missed out on ₹6,000 crore in taxes as crypto traders moved to foreign platforms. If the policies remain unchanged, India could lose an additional ₹17,700 crore over

December 24, 2024 2 mins read

Russia Bans Crypto Mining in 10 Regions to Balance Energy Consumption

The Russian government plans to ban crypto mining activity in 10 selected regions to reduce energy consumption. For over 6 years, people in these regions will not be able to mine digital currencies and also participate in mining pools.  As per the local new agency TASS, Russia bans crypto mining

December 24, 2024 2 mins read

Bull Run Is Close. Which Coins Can Become the Most Profitable?

The cryptocurrency market is starting to cool down gradually. Bitcoin has dropped below $93,000 today. Although many traders started to panic, this is the most common correction. It was the same in 2020, before the new year, when Joe Biden won the presidential election. After the correction, the market started

December 24, 2024 3 mins read

James Fickel Reduces ETH/BTC Long Position, Swapping Another 6,500 ETH

The popular crypto millionaire investor and founder, James Fickel further reduced his ETH/BTC long position today. He became popular among crypto investors in no time for losing a substantial amount of $43 million when ETH/BTC exchange rate declined earlier this year. What made the news intriguing was Jame Fickel’s borrowing

December 24, 2024 2 mins read

Senator-elect Bernie Moreno Joins Senate Banking Committee

Senator-elect Bernie Moreno, a Republican from Ohio, has been assigned to the Senate Banking Committee. Incoming Republican Senate Majority Leader John Thune announced the appointment. This committee oversees two critical agencies, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Moreno’s appointment is seen as

December 24, 2024 2 mins read

Is MoonPay Set to Make Its Largest Acquisition Yet?

Crypto payment platform MoonPay is reportedly in talks to acquire Helio Pay, a leading e-commerce platform that enables businesses to accept payments in various cryptocurrencies. The deal, valued at around $150 million, would mark MoonPay’s largest acquisition yet. 🚨SCOOP: @FoxBusiness has learned that #crypto payment services provider @moonpay is in

December 24, 2024 1 min read
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