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Russia Proposes Harsh Penalties for Unreported Cryptocurrency Holdings


Russia’s Ministry of Finance has drafted a bill with harsh penalties for anyone who does not report their cryptocurrency holdings above a certain level. Penalties include jail terms and fines. New Russian Crypto Bill The Russian Ministry of Finance has sent out a new draft bill addressing...

KuCoin Exchange Hacked, Approx. USD 150 Million Worth of Crypto on the Move


Singapore-based cryptocurrency exchange KuCoin has experienced leakage of its private keys tied with its KuCoin hot wallets, which resulted in a hack of approximately USD 150 million worth of customer funds. The platform has temporarily suspended deposits and withdrawals from its platform, while...

The CFTC Files Complaint Against Crypto Trading Company


The United States Commodity Futures Trading Commission (CFTC) on Thursday, September 24, filed a complaint against crypto dealing Paxforex for allegedly soliciting or accepting business from US customers without relevant registration. According to a report, the CFTC wants a U.S. court to stop...

Despites, Split Opinions, Many Regulations and 20 Crypto Jokes


This crypto week saw bitcoin mining difficulty jump to an all-time high, and despite its realized capitalization soaring, experts are divided on what the near-term outlook for bitcoin price is. Meanwhile, despite Uniswap climbing to become the largest DeFi protocol by TVL, its UNI crashed in...

Crypto Exchange Binance Blacklisted by Russia’s Telecom Censorship Agency


Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from...

Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain


Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with...

DeFi Unlocked: How to Earn Crypto Investment Income on Curve Finance


Curve logo. DeFi continues to cement its spot as this year’s hottest trend in crypto, with numerous new platforms launching to capitalize on the hype. In this article, we will explore Curve Finance (CRV), how it works, and how it can be used to earn crypto investment income. What is Curve...

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