Sat, January 11

Italy Government Announces Cutting 42% Crypto Tax in Nearly Half

The USA has been shifting major blocks within the crypto regulatory landscape over the last few days alone. Particularly, President-elect Donald Trump in the last 24 hours, announced the initiation of the Department of Government Efficiency (DOGE) appointing Elon Musk and Vivek Ramaswamy in leading positions.  On the other hand,

November 13, 2024 2 mins read

Bitget Re-enters UK Market with 150 Tokens Following FCA Approval

The seventh largest crypto exchange, Bitget has officially re-entered the UK market after a six-month interval. This follows compliance with the UK’s Financial Promotions Regime (FPR), which commands standards for promoting financial products, including crypto assets.  The exchange’s relaunch was through the partnership with Archax, a Financial Conduct Authority (FCA)

November 12, 2024 2 mins read

Binance’s CZ Refutes ‘Bitcoin is Dead’ Claims Highlighting BTC’s Resilience

Binance CEO Changpeng Zhao recently dismissed recurring claims that “Bitcoin is dead,” reaffirming Bitcoin’s durability in the face of doubt. Posting on X, CZ shared a link to the “Bitcoin is Dead” website, which catalogues predictions of Bitcoin’s decline. Despite its global financial influence, Bitcoin faces persistent criticism, a trend

November 12, 2024 2 mins read

GIGA Token Holder Loses 6M in Sophisticated Phishing Attack

A Gigachad (GIGA) token investor lost $6.09 million after falling victim to a phishing attack through a fake Zoom meeting link. The large-scale sell-off caused an unusual price drop in the GIGA token on November 12, sparking community speculation before prominent investor “Still in the Game” confirmed the incident. In

November 12, 2024 2 mins read

Mt. Gox Moves $2.4B in Bitcoin While BTC Breaks $82K

The defunct exchange, Mt. Gox executes a transfer of $2.4 billion in Bitcoin (BTC) across wallets. This marks another key chapter in the ongoing process of creditor repayment efforts, with the deadline set for October 2025. Mt. Gox executed a massive transfer by moving over 30,000 BTC, valued at around

November 11, 2024 2 mins read

NYDIG’s Cipolaro Calls Bitcoin Exposure Following Election Shift

The recent U.S. presidential election, resulting in a significant win for President-elect Donald Trump and the Republican Party, has intensified the spotlight on Bitcoin as an essential asset, according to Greg Cipolaro, Global Head of Research at New York Digital Investment Group (NYDIG). Cipolaro strongly believes that the election outcome

November 11, 2024 2 mins read

Crypto Founder Behind Bars For $400M Bitcoin Laundering on Darknet

The Washington D.C. court sentenced Roman Sterlingov — founder of Bitcoin Fog, the “darknet’s longest-running cryptocurrency mixer” — to 12 years and 6 months for laundering over 1.2 million BTC in “dirty money” on the darknet. Along with his prison term, the court imposed a $395.6 million ‘forfeiture money judgment’

November 9, 2024 2 mins read

Alchemy Pay Secures Four New US State Licenses to Boost Reach Out

Alchemy Pay, a cryptocurrency payment gateway, has increased its US compliance with four additional licenses. On November 8th, Alchemy Pay confirmed that it has obtained money transmitter licenses (MTLs) in the states of Wyoming, Oregon, Oklahoma, and Minnesota. Nationwide Multi-State Licensing System and Registry data shows that with these additional

November 8, 2024 2 mins read

Jack Dorsey’s Block Realigns Strategy for Bitcoin Mining Expansion

Jack Dorsey’s payment venture, Block, formerly Square, is making strides in its commitment to Bitcoin mining and its self-custody wallet, Bitkey. In its Q3 2024 shareholder letter, the firm mentioned the demand for its mining initiative, described as having a “strong product market fit.”  This announcement was followed by Trump

November 8, 2024 2 mins read

SEC Seeks Dismissal of Kraken’s Key Defenses in Election Day Filing

The U.S. Securities and Exchange Commission (SEC) is seeking to dismiss critical defences raised by crypto exchange Kraken in an ongoing lawsuit. In a motion filed in the Northern District Court of California, the SEC argued Kraken had received sufficient notice of potential securities violations. The legal team, however, labelled

November 7, 2024 2 mins read
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