Wed, November 20

Binance Plans to Enable Bitcoin Lightning Network Withdrawals

Cryptocurrency exchange Binance restarted bitcoin withdrawals on Monday after stopping them for the second time in a day due to high volume. Binance had stopped withdrawals earlier in the day for approximately one hour, alleging a significant delay in pending withdrawal requests as the reason. $BTC withdrawals are now resumed

May 8, 2023 1 min read

Bulls or Bears; What’s the Fate of Crypto Market This Week?

The week starts with a red note for the cryptocurrency market. Every asset listed in the crypto sphere is showing a red movement in its price as well as a market capitalization graph. Pioneers in the trade, Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last

May 8, 2023 1 min read

Russia Authorized Platforms Issued Digital Assets Worth $1B Last Month

The Kommersant reported that seven placements of digital financial assets (DFAs) totaling roughly 1 billion rubles ($13 million) were done in Russia last month. While this market is currently relatively tiny. Big initiatives may be anticipated by the end of the year, according to experts cited by the business daily.

May 7, 2023 1 min read

Kazakhstan Collects Approx $7 Million in Tax From Crypto Miners in 2022

Local media outlets indicate that in 2022 after a new rule was passed to regulate the financial burden of cryptocurrency mining, the government of Kazakhstan collected 3.07 billion tenge (about $7 million) in tax payments from crypto mining businesses. As of April 27th, 2023, the government has earned 240 million

May 7, 2023 1 min read

Key Performing Cryptocurrencies for May 2023

The crypto market is continuing to grow and evolve with the launch of new memecoins. In recent days, memecoins have shown massive bullish intent in the crypto market. So it will be challenging for investors to identify the most performing cryptocurrencies. In this article, we will discuss the key performing

May 7, 2023 2 mins read

U.S SEC Awards $279 Million Payout to Anonymous Whistleblower

The $279 million payout is the highest whistleblower award ever made by the U.S. Securities and Exchange Commission (SEC). Typically, the SEC will give between 10% and 30% of any fines collected that are more than $1 million. The whistleblower must disclose information that directly aids the SEC in imposing

May 6, 2023 1 min read

Montana Leads Crypto Charge: Tax-Free Bitcoin Boosts Adoption

In a groundbreaking move, the State of Montana has emerged as a frontrunner in cryptocurrency adoption. The news has sent shockwaves through the financial world and further solidified Montana’s reputation as a haven for Bitcoin (BTC) enthusiasts. 🇺🇸‼️ US state of Montana bans ALL taxes on #Bitcoin when used for

May 6, 2023 2 mins read

Payment Processors in Argentina Banned From Offering Crypto Services

The Central Bank of Argentina is cracking down on the cryptocurrency sector. The bank issued a statement yesterday saying that payment processors are no longer allowed to provide clients with access to cryptocurrencies like Bitcoin. The BCRA, Argentina’s Central Bank, cited the rationale as a desire to “mitigate risks.” Several

May 6, 2023 1 min read

On-Ramp Crypto Service Launched by Fintech Behemoth Stripe

The Irish-American payment processing platform firm Stripe has introduced a fiat-to-cryptocurrency onramp. Customers in the US will find it much less complicated to buy cryptocurrencies using this approach. It’s also a major step forward for Web 3.0 businesses that have struggled with a “cold start.” Stripe’s standard function is to

May 5, 2023 1 min read

New York Attorney General Proposes Bill To Regulate Crypto Sector

Letitia James, New York’s attorney general, has proposed a bill to regulate the cryptocurrency sector. It will give the New York State Attorney General more power over local crypto companies. The development of the crypto sector in New York has been stunted by the state’s regulatory measures. New York is

May 5, 2023 1 min read