Grant Colthup, the former CEO of Mine Digital, faces serious fraud charges for allegedly stealing $1.5 million from a customer. This transaction occurred just two months before the firm collapsed in September 2022. The Australian Securities and Investments Commission (ASIC) announced the charges on October 21, detailing a transaction that
The overall crypto market has encountered a mild speed bump as the market cap has turned toward a bearish end. Meanwhile, the crypto regulatory landscape has shown some activity with Coinbase filing a FOIA request on US regulators. On the other hand, Bitcoin has incurred a modest price dip. Other
Coinbase has intensified its push for regulatory transparency, filing two Freedom of Information Act (FOIA) requests against U.S. agencies. The exchange aims to shed light on the growing restrictions faced by banks dealing with crypto deposits. It particularly targets the Federal Deposit Insurance Corporation (FDIC) and other regulators involved in
Some traders in the crypto space have earned the status of key opinion leaders (KOLs) because of their ability to spot opportunities before anyone else in the market. One of these traders is this legendary Ethereum trader, who has predicted that the new token ETFSwap (ETFS) could replicate Dogecoin’s 2021
Shiba Inu (SHIB) finds itself at the center of bullish speculation as market analysts predict an imminent surge in its value. The 13th-largest cryptocurrency by market capitalization has demonstrated impressive performance, recording a 30% increase over the past month, outpaced only by Dogecoin among the top 15 crypto assets. Pseudonymous
Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and
This week marked a significant development in the cryptocurrency market, as Bitcoin (BTC) rallied by 10.48%, reaching a weekly high of $69,000. With BTC now within striking distance of the crucial $70,000 psychological level, market participants are optimistic about its near-term trajectory, particularly as no major macroeconomic data is expected
The UAE’s Ras Al Khaimah Digital Assets Oasis (RAK DAO) plans to introduce a legal framework for decentralized autonomous organizations (DAOs). This framework will be discussed at the DAO Legal Clinic, an event organized by the law firm NeosLegal, on October 25. Significantly, the new framework aims to clarify the
In 2024, the global crypto market has seen significant developments, including the launch of Bitcoin ETFs and growing adoption by both institutions and governments. As we enter Q4, the momentum continues with new projects and innovations. The leading crypto exchange Kraken has joined the action by introducing its own wrapped
As major cryptocurrencies like Bitcoin, Solana, and Dogecoin experience soaring prices, savvy investors are taking their profits and turning their attention to a new opportunity within the SUI ecosystem—Suirum ($SUIR). With Bitcoin recently surpassing the $68,000 mark, marking its highest level since late July, and the overall crypto market on
