Wed, September 16

Russia Grants Former NSA Edward Snowden Citizenship

On Monday, Snowden officially became a Russian citizen.  Snowden has been an advocate of BTC and has been involved in development of Zcash. U.S. cyberattacks and abroad surveillance operations have continued for over a decade after whistleblower Edward Snowden revealed the US government’s extensive surveillance infrastructure to spy on Americans

September 28, 2022 2 mins read

Do Kwon Refutes the Claims of Alleged BTC Transfer

Do Kwon asserts he had no participation in the alleged transfer of 3,310 BTCs to KuCoin and OKX. South Korean authorities recently asked Interpol to issue a red notice on Kwon. Do Kwon, the founder, and CEO of Terraform Labs rejects controversies regarding the recent cashout allegations. In the latest

September 28, 2022 2 mins read

Payments Provider Strike Raises $80 Million in Funding

The round was spearheaded by the bitcoin-focused investing group Ten31. The funds will be used to branch out and form new alliances. According to a press release, Strike, a major payment provider for the Bitcoin Lightning Network has secured $80 million in a series B fundraising round spearheaded by the

September 28, 2022 2 mins read

Japan To Revise Regulations Over Money Laundering Concerns

It will help Japan to reduce crypto-related money laundering. These grants authorities the power to make information requests to exchanges. Japan has decided to revise an existing regulation on money laundering in an effort to reduce the prevalence of crypto money laundering. The worldwide threat of cryptocurrency money laundering and

September 27, 2022 2 mins read

Terra Founder Do Kwon Transferred 3313 Bitcoin

 3313 BTC was transferred to both the Kucoin and OKX wallets. This was allegedly done shortly after Kwon’s arrest warrant was issued on September 14th. Luna Foundation Guard [LFG] transferred 3313 Bitcoins worth over $69 million to two cryptocurrency exchanges operating outside of South Korea. This was allegedly done shortly

September 27, 2022 1 min read

Major Cryptocurrencies Rally Post Stock Market Decline

Over 1% was lost by the S&P 500, while 0.5% was lost by the NASDAQ-100. In the last 24 hours, BTC has risen by more than 5%, trading at $20.2K now. Astoundingly, the cryptocurrency market has surged. Bitcoin’s price has risen from the $18,000-$19,000 level to the $20,000 mark. Over

September 27, 2022 1 min read

Top U.S Authorities Might Have To Disclose Financial Dealings

The structure of the bill also suggested that disclosure amounts be more specific. The chair of the Committee on House Administration proposed the initiative. Members of Congress, the Senate, and the Supreme Court who are also cryptocurrency traders may be required to halt their activities while in office if a

September 26, 2022 2 mins read

Famed Investor Michael Burry Warns of Upcoming Recession

Burry highlights the deteriorating situation in the white-collar workforce. The Fed has used the robustness of the job market to allay recession concerns. Inflation has devastated economies throughout the world. The macroeconomic situation will deteriorate as predicted by Michael Burry, an experienced investor and the founder of Scion Capital. Burry

September 26, 2022 1 min read

Grayscale Bitcoin Trust (GBTC) Hits New All-Time Low

Grayscale’s website states that GBTC has $11.9 billion in assets under management. GBTC has always traded at a significant premium over spot Bitcoin pricing. Shares of the Grayscale Bitcoin Trust (GBTC), the biggest Bitcoin fund in the market, reached a record discount of 35.18% last Friday and showed little sign

September 26, 2022 2 mins read

Whale Addresses Holding Bitcoin Drops to 2.4 Years Low

This plainly demonstrates that Bitcoin investors continue to be exceedingly cautious. The BTC Fear and Greed Index is approaching “extreme fear” territory. Bitcoin (BTC), the biggest cryptocurrency by market cap, is still being heavily sold off as global market volatility persists. Bitcoin’s value dropped below $19,000 over the weekend, and

September 26, 2022 1 min read