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UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People


The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our first seizure of a non-fungible token serves as...

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low


While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...

Bitrue To List SundaeSwap As Cardano’s DEX Gets Off To A Rocky Start


PRESS RELEASE. SundaeSwap (SUNDAE) has been added to the list of tradable assets supported by leading cryptocurrency exchange Bitrue. This development comes at a time when the launch of SundaeSwap on Cardano (ADA) was met with many technical issues such as congestion which still continue even now....

IMF: Crypto Is No Match for Well-Designed Central Bank Digital Currencies


The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, says that crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). “If CBDCs are designed prudently, they can potentially offer more resilience, more safety...

9 Crypto Dashboards You Can Use to Manage Your Digital Assets


  Crypto dashboards have emerged in the last few years to enable digital asset investors to manage their portfolios in one place. Read on to discover a list of the most popular crypto portfolio management dashboards.... Read More: 9 Crypto Dashboards You Can Use to Manage Your Digital Assets

Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining


Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining...

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