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Crypto Users and Exchanges Must Now Report Transactions in Colombia


The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia. The transactions must be reported via an online reporting system, and exchanges will be required to issue...

Report: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club


Two reports claim that the creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) are in talks of raising funds from investors such as the venture capital firm Andreessen Horowitz. The alleged funding round is expected to be around $200 million, but sources further...

Report: Google Quietly Ditching Stadia


Bad news for all the Stadians out there: A new report claims that Google is looking to salvage its Stadia streaming service by moving away from focusing on video games and instead, looking to make deals with companies like Peleton instead of trying to bring in big games from studios like Rockstar...

Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit


On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said...

Yield App Assets Grow 40% Over Q4 as Platform Passes Armanino Audit


PRESS RELEASE. ESTONIA — 03 FEBRUARY 2022 — Yield App, a FinTech company and digital asset wealth management platform, has published its 2021 Q4 report, showing the firm continuing on a strong growth trajectory that saw its managed assets grow by 40% from Q3 to reach $475 million....

Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report


Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency...

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