Fri, March 29

U.S. Government Transfers 1,500 BTC, Igniting Market Speculation

Over the past day, the cryptocurrency market witnessed a fascinating development as more than 1,500 Bitcoin units were transferred from the U.S. government balance. This intriguing event has caught the attention of investors and analysts, shedding light on the dynamics of spot buying and selling within the Bitcoin market. Just

June 21, 2023 2 mins read

Crypto.com Suspends Exchange Services for U.S Institutional Clients

Crypto.com, the Singapore-based crypto exchange, will suspend exchange services for U.S. institutional clients. This suspension will take effect on June 21. The exchange added that the decision would not affect retail investors.  Crypto.com’s decision to suspend the services comes in the same week as the U.S. Securities and Exchange Commission

June 9, 2023 1 min read

Binance Responds to U.S. Treasury for North Korean Crime

Binance, the world’s largest crypto exchange, has responded to the U.S. Treasury seizing $4.4 million and freezing accounts linked to North Korean crime. We are proud to have assisted US law enforcement in seizing $4.4M and freezing accounts linked to North Korean organized crime. Kudos to our law enforcement partners

May 25, 2023 1 min read

Celsius Requests To Prolong the Claims Filing Deadline To February 2023

The bankruptcy filing of crypto lender Celsius network is still in process dragging the case in the U.S court. Early in July, the filing of chapter 11 bankruptcy came into existence which halted the withdrawals of its customers right then. Moreover, the Celsius requested all its customers to file their

December 29, 2022 2 mins read

U.S Senator Contends There Is No Need for Crypto to Exist

Jon Tester, the senior senator from Montana, has held that position since 2007. In fact, he serves on the Senate Banking Committee and is a significant figure in US crypto regulations. On Dec 11, NBC’s news conference stated that there is “no reason why crypto should exist.” He also claimed

December 12, 2022 2 mins read

U.S and Vietnam Ranks Top for High Crypto Adoptions in 2022 – Huobi Reports

The year 2022 offered great challenges for the crypto industry, suffering from a bearish trend till date. Many significant crisis affected the market  by shrinking the prices of all cryptocurrencies, especially the king coin, Bitcoin (BTC). As a result, there is a huge downfall of over $2.2 trillion in the

December 8, 2022 2 mins read

The Court Filing Discloses Million Withdrawals of Celsius Customers & Execs

The Celsius bankruptcy filing in the U.S Court remains a controversial issue in the industry. Over 4 months the issue is still proceeding in the Court finding many other related documents to the case. Now the Court reveals the transactional data with millions of transactions on the Celsius platform. This

October 7, 2022 2 mins read

Celsius Network Submits a Request To Sell Its Stablecoin Holdings Worth About $23M

A bankrupt crypto lending company, Celsius Network, reveals about its file request to sell its stablecoin holdings. All the documents related to the case were submitted to the United States Bankruptcy Court Southern District Of New York. In addition, the lender company states it will sell its both existing and

September 16, 2022 2 mins read

Bitcoin (BTC) Dumps With The U.S May CPI at 8.6%

The U.S CPI for May accounts to rise by 8.6%. BTC drops by $500 instantaneously. The rise of CPI leads to the slumping down of BTC.  Just when the Bitcoin (BTC) sees the limelight at touching the $30K benchmark, after a hectic period of market crash, tragedy strikes back again. 

June 10, 2022 1 min read