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U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
7.3.2023
The Keep Innovation in America Act was first introduced in March 2021
Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M
7.3.2023
The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman
7.3.2023
While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chairman of the asset management firm Iceberg Capital Limited. According to Kheriba, factors such...
Hong Kong's losses to crypto scams doubled to $217M last year: Report
7.3.2023
Crypto-related scams in Hong Kong reportedly accounted for more than 50% of the total $407 million stolen from city residents in tech crimes in 2022
FTX-Affiliated Alameda Research Sues Grayscale Over Crypto Investments, Adding to Woes for Digital Currency Group – What's Going On?
7.3.2023
In a last ditch move to 'maximise recoveries' Alameda Research has filed a lawsuit against Grayscale Investments.
The lawsuit alleges that Grayscale charge 'exorbitant management fees'. And named Grayscale CEO Michael Sonnenshein as it went on to accuse Grayscale of 'improperly preventing...
Singapore Police Launch Investigation into Crypto Fugitive Do Kwon and Terraform Labs – Where is He?
7.3.2023
Singapore authorities have launched a probe into Do Kwon's Terraform Labs, the entity that developed the now-collapsed TerraUSD stablecoin.
According to a Monday report by Bloomberg, Singaporean police sent an emailed statement announcing that “investigations have commenced in relation...
WazirX lists FLOKI for trading on India’s biggest crypto exchange
7.3.2023
WazirX, India’s biggest crypto exchange, recently announced listing FLOKI on its platform. The exchange has started accepting FLOKI deposits, and its trading will go live on March 7th. The platform released an official tweet to inform users about the listing. Even the Floki team talked about...
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison
7.3.2023
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced. Robbers Get Prison Sentence...
Chipstars Casino: Best Crypto Online Casino, Poker & Sportsbook
7.3.2023
Chipstars is your best online platform for sports betting, casino and poker! Behind Chipstars is a young team that tends to bring confidence to the game of poker, casino and sports betting through user experience. Chipstars is  a unique place … Continued
The post Chipstars Casino: Best...
Wallet tied to Uranium Finance hacker reawakens after 647 days, shifting $3.3M
7.3.2023
The hacker has other associated wallets that have also shifted funds to privacy networks such as Aztec
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
7.3.2023
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and...
'Home' regulator could solve crypto's 'fragmented supervision' issue: Comptroller
7.3.2023
During a speech at a banking conference in DC, acting comptroller Michael Hsu said FTX was an example of why a "consolidated home country supervisor" is needed
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme
7.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 million to make...
White House 'aware of the situation’ at Silvergate, says spokeswoman
7.3.2023
The spokeswoman said that she won’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation
Tornado Cash dev says 'sequel' to crypto mixer aims to be regulator-friendly
7.3.2023
Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds
SEC accuses Utah firm of 'fraudulent' $18M crypto mining scheme
7.3.2023
The SEC said Green United’s operation was a fraud and the community was quick to quell fears of the SEC classing crypto mining as a security in the suit
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
7.3.2023
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges
Ripple Survey Suggests Latam Merchants Will Adopt Crypto Payments Massively After Three Years
7.3.2023
Latam merchants will be slower in adopting cryptocurrency payments compared to merchants in other regions, according to the latest payments survey conducted by Ripple and the Faster Payments Council. The survey, which polled close to 300 payment leaders at a worldwide level, suggests that massive...
Binance's Efforts to Woo SEC Chairman Gensler for US Regulatory Relations Uncovered – Here's What Happened
6.3.2023
Binance approached US Securities and Exchange Commission chairman Gary Gensler in 2018 and 2019 to become an advisor for the firm. That’s according to a new bombshell report published by the Wall Street Journal on Sunday, which claims that Binance embarked on a campaign to “neutralize”...
Crypto’s Banking Problem Is Not Ironic
6.3.2023