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Crypto Exchange Binance Is Back in Russia, Lifts Restrictions on Russian Users: Report
24.4.2023
Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
24.4.2023
The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so they can hedge against the currency's volatility
Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela
24.4.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: the Argentine Peso plunges against the U.S. dollar, Venezuela and Russia agree to develop a joint SWIFT alternative, and Bitcoin mining is still...
Report: US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents Abroad
24.4.2023
The Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the use of crypto and decentralized finance products in global financial and tax crimes. According to the tax collector’s spokesperson, the IRS will be able to determine...
Bank of Korea given right to investigate local crypto firms: Report
24.4.2023
The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country
Celsius auction has Gemini and Coinbase as new bidders: Report
23.4.2023
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York
Zimbabwe's central bank to issue gold-backed digital currency: Report
23.4.2023
The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency
Biden's comms director barred from former crypto clients: Report
23.4.2023
Decentralized exchange UniSwap and venture capital firm Andressen Horowitz were revealed as former clients of LaBolt in a recently published public financial disclosure report
Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition
22.4.2023
The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bank’s bid after it was accused of seeking to make...
Report: Terraform Labs Co-Founder Do Kwon Charged by Montenegro Prosecutors
21.4.2023
Nearly a month after Do Kwon’s arrest by Montenegro law enforcement, local prosecutors have now indicted the co-founder and CEO of Terraform Labs. The decision to indict Kwon is likely to delay attempts to extradite him to South Korea and the United States where he faces several charges....
Cardano Price Prediction as New Messari Report Shows Cardano TVL Increased By 170% in 3 Months – ADA to $10?
20.4.2023
Negative momentum in cryptocurrency markets has continued on Thursday and Cardano (ADA) is suffering as a result.
The cryptocurrency which powers the smart-contract-enabled Cardano blockchain and sits at the heart of Cardano’s Decentralized Finance (DeFi) ecosystem, was last down a little over...
Brazilian authorities investigate Binance for guiding clients past stop order: Report
20.4.2023
The Brazilian SEC has reportedly turned over screenshots from Binance's Brazilian website with instructions for evading a stop placed on futures trading on the site
African Blockchain Business Funding Rose 429% in 2022 — Report
20.4.2023
In 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the year earlier, the latest CVVC African blockchain funding report has revealed. The custody and exchanges category raised over $250 million, which is equivalent to more than 50% of funds...
Collapsed Turkish Crypto Exchange Thodex's CEO Faruk Özer Extradited, Arrested in Istanbul: Report
20.4.2023
Faruk Fatih Özer, the founder of Thodex, one of Turkey's largest crypto exchanges, facing charges of fraud and running a criminal organization, has been extradited to Turkey and was detained by police upon arrival in Istanbul
Crypto Industry Report: BTC Beats Nasdaq Index and Gold in Q1, Liquid Staking Governance Tokens up by 210%
20.4.2023
According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just under $17,000 observed on Dec. 31, 2022, to just over $28,000 by March 31, 2023. The report attributes the crypto...
Bank of Russia to set up entities for crypto mining and cross-border settlement: Report
19.4.2023
Russia's central bank plans to create new institutions to mine crypto assets and settle international payments
European Parliament report recommends researching, but not launching, digital euro
19.4.2023
A European economist has found that a digital euro would be a problem without a solution; just wait and see, he suggested
Solana comes out with a disruption analysis report
19.4.2023
Solana has come out with an analysis report regarding the disruption that took place when various services on the network operating custom block forwarding software transmitted more data than was normal. This occurrence took place on Feb 25, 2023. It began with the Solana Mainnet Beta cluster...
Tribe Capital considers reviving bankrupt crypto exchange FTX: Report
18.4.2023
The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX