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Facebook Faces Legal Fight with Australian Billionaire over Crypto Scam Ads


  Meta’s Facebook has filed legal documents in rejection of an action brought by the Australian billionaire Andrew “Twiggy” Forrest, the nation’s richest man. The latter claims the social media platform should be held liable for “reputation-damaging” crypto scam ads that made use of images...

Canadian Regulator Reports Coinbase, Kraken CEOs' Crypto Custody Tweets


  The crypto fallout from Canada’s so-called “truckers’ protest” is continuing to make its presence felt – with a financial regulator reporting the heads of the American crypto exchange giants Kraken and Coinbase to the Royal Canadian Mounted Police, the Canadian national police force, over their...

Bitcoin and Ethereum Extend Losses, Altcoins Tumble


  Bitcoin price attempted a recovery wave above USD 38,000. However, BTC failed to surpass the USD 39,500 resistance level and is currently (04:22 UTC) trading near USD 36,700, dropping 6% in a day and reaching almost three-weeks lows. Similarly, most major altcoins are gaining bearish momentum....

More South Korean Crypto-to-Crypto Exchanges Hopeful of Making Fiat Returns


    A group of South Korean crypto exchanges could be granted permission to resume crypto-to-fiat trading after a breakthrough banking deal last week – but opinions differ on whether the 23 exchanges currently trapped in crypto-to-crypto purgatory will escape before they are overwhelmed...

Brian Armstrong Reveals Behind the Scenes of Coinbase’s Super Bowl Ad


This year's Super Bowl, the annual playoff championship game of the US National Football League, had multiple ads coming from the major crypto players, and one unusual advertisement by the major crypto exchange Coinbase seems to be an unlikely Super Bowl winner. The ad, which was not as cinematic...

Bitcoin and Ethereum Try to Recover, SOL Gains Strength


  Bitcoin price remained in a negative zone and settled below the USD 40,000 level. BTC even traded below USD 38,800 and tested USD 38,000. It is currently (04:21 UTC) correcting losses above USD 39,000, but the bears might remain active near USD 40,000. Similarly, most major altcoins are facing...

Bitcoin Holders Search for 'Hopium' as BTC Breaches USD 40K, Gold Rises


  The bitcoin (BTC) price dropped again today, after losses in the stock market, geopolitical tensions, and prospects of rising rates weighed on sentiment in the digital asset market. However, some are hopeful that the worst is now behind us, with one leading institutional investor reminding...

Binance Joins Russian Banking Union, Will Head New Crypto Department


  The crypto exchange giant Binance has joined the Association of Russian Banks (ARB), where its Russia and CIS (Commonwealth of Independent States) lead will head a new crypto department.... Read More: Binance Joins Russian Banking Union, Will Head New Crypto Department

Bitcoin Nears USD 40K, Ethereum Below USD 3K, Altcoins in Red


  Bitcoin price started a stronger decline after it failed to stay above the USD 42,500 support zone. BTC even declined below USD 41,200 and traded close to USD 40,000. It is currently (04:18 UTC) correcting losses near USD 40,700, but the bears might be active near USD 41,200. Similarly, most...

Slovenian Finance Ministry Unveils Draft Bill To Tax Crypto Trading


  In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for...

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