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Russian Crypto Mining Fraudster Jailed for Four Years
2.2.2023
A Russian man has been sent to prison for four years for crypto mining-related fraud.
Per the media outlet 56 Orb, the man is a 47-year-old resident of Orenburg, a southwestern city near Russia’s border with Kazakhstan.
A court in the city heard that the man duped a local entrepreneur into...
UK Takes Major Step Forward in Regulating Crypto – Temporary Backtrack on Crypto Promotion Guidelines
2.2.2023
The UK Treasury is set to deliver "ambitious plans to robustly regulate cryptoasset activities" on a par with traditional finance, but will also step away from the plan to apply stock-like standards to crypto promotions - for now.
The announcement published by the UK government, in which it said...
Crypto goes without any mention in the 2023 Union Budget
2.2.2023
Several announcements made during the presentation of the 2023 Union Budget are being debated over the internet. One of them is the kind of relief that the Indian crypto industry was expecting but did not get. A boost to the 5G network, artificial intelligence, and green hydrogen made a lot...
Berkshire Hathaway's Charlie Munger Calls for Crypto Ban in the US
2.2.2023
Berkshire Hathaway vice chairman and staunch bitcoin skeptic Charlie Munger has called for the United States to follow in the footsteps of China and ban cryptocurrencies
Former Chairman of South Korean Crypto Exchange Bithumb Arrested: Report
2.2.2023
Kang Jong-hyun, a former chairman at South Koean cryptocurrency exchange Bithumb has been arrested on Thursday
South Korean Prosecutors Arrest Executive Linked to Crypto Exchange Bithumb: Report
2.2.2023
Kang Jong-hyun, a former chairman at South Koean cryptocurrency exchange Bithumb has been arrested on Thursday
Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
2.2.2023
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial...
Indian Government Introduces New Crypto Tax Penalties
2.2.2023
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed...
Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation
2.2.2023
Montreal-headquartered mining firm specializes in operating from locations with stranded power
72% of institutional traders are crypto-skeptical this year: JPMorgan
2.2.2023
The seventh edition of JPMorgan's e-Trading Edit asked 835 institutional traders about their plans for trading digital assets in 2023, among other topics
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
2.2.2023
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in...
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'
2.2.2023
While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech
Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why
2.2.2023
After reaching impressive heights in late 2021, the world's largest cryptocurrency, Bitcoin, experienced a steep decline, falling from a record-breaking high of $69,044.77 in November 2021 to $16,400 in November 2022. ...
Read More: Crypto Analysts are Saying These Altcoins Have Huge Potential...
Tokenization and the Future of Crypto
1.2.2023
Pedro Palandrani of Global X discusses where KKR, Starbucks and others are going with the tokenization movement
Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation
1.2.2023
The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like...
Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
1.2.2023
Copper said some “concerning behavior” had been detected, and that a “machine-generated alert had been triggered.”
Crypto Investors Can Purchase Bankruptcy 'Put Options' to Protect Funds on Binance, Coinbase, Kraken
1.2.2023
Investors can purchase the options to protect their funds on Binance, Coinbase and Kraken for a monthly fee and will receive full payment if the centralized exchanges file for bankruptcy locking up their crypto
Crypto Long & Short: When Regulating Crypto, Please Target the Bad Actors, Not the Asset
1.2.2023
Here’s what’s on my mind as Washington gears up to respond to the disasters of 2022
Crypto Surges as Fed Recognizes Disinflation - But Can Crypto Deal With a US Recession?
1.2.2023
Cryptocurrency prices lurched higher on Wednesday in wake of more dovish than expected remarks from Fed Chairman Jerome Powell, who was speaking as usual in the post-Fed policy announcement press conference. Risk assets, including stocks, surged as Powell acknowledged that the central bank has made...