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Bitcoin Sets New All Time High Spiking Over $35,000


Bitcoin’s record-breaking start to the new year continued on January 5 after the top crypto set another new all-time high (ATH) of $35,879. Based on this new milestone, the top cryptocurrency has now surged by more than 20% in just the first of five days of the new year. Record-Breaking Start...

Mastermind of a Cryptocurrency Scam Arrested in India


An alleged mastermind of a cryptocurrency scam has been arrested in India after he fled the country to Dubai. Investors were duped into investing in a cryptocurrency linked to a crypto exchange he established. The scheme also promised investors a monthly return of 20%-30% on investments. Alleged...

Sell Telegram to Pay off Failed ICO Debts, Demand Angry Investors


Disgruntled investors in the failed Telegram initial coin offering (ICO) say that Pavel Durov, the chat app operator’s founder, should sell his stake in the company to pay off his debt to those left out of pocket. The investors stumped up a combined total of around USD 1.7bn in the TON network...

IRS Updates Instructions To Tax Individual Crypto Investors


The US Internal Revenue Service (IRS) has released a new version of its draft instructions that clarify the definition of virtual currency. The tax agency aims to guide individual taxpayers on how to fill in the 1040 form that asks them whether they bought or sold cryptoassets last year, but...

SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale


The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token....

Young Investors Drive Increased Aussie Bitcoin & Crypto Investments


Younger Australian investors are driving the country's increasing crypto ownership, accompanied by rising investments by high-end crypto holders, a recent survey showed. 18.4% of respondents said they own some form of cryptoasset, up from 16.8% in 2019, Independent Reserve (IR), an Australia...

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