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Tornado Cash Developer Faces Money Laundering Charges, To Remain in Jail Until At Least February

23.11.2022
Tornado Cash developer Alexsey Pertsev will remain in jail for another three months after being charged with money laundering allegations for the development of the mixing service. Pertsev, who has been held in detention for the past 100 days, was arrested by Dutch authorities over alleged...

Crypto awakening: Researcher explains ETH exodus from exchanges

23.11.2022
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse

Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme

23.11.2022
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their proceeds, spent on cars and real estate,...

Ethereum loses 30% this month: Has ETH crashed?

23.11.2022
Ethereum managed to woo holders by showcasing a growing ecosystem after its shift to Proof of Stake, but in reality, this step just hindered the 100% decentralized ecosystem of ETH and made it more controllable. With higher stakers under control, the price and even hash rate for ETH can...

Bukele's government introduced a bill to launch the 'Bitcoin bonds'

23.11.2022
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”

Ethereum Price Prediction – Can ETH Reach $2,000 Soon?

23.11.2022
Ethereum price bounces off support at $1,074 with a 7.4% rally in mid-week trading. This fresh bullish wave is moving across the crypto market days after the FTX drainer who made away $600 million plunged crypto assets into another tailspin. The largest smart contracts token is exchanging hands...

VT Markets bags three Magazine Awards

23.11.2022
VT Markets has emerged as the winner of three Global Business Magazine Awards, adding more reputation to its name in the industry. VT Markets has been credited for its trading platforms and services, which have made customers believe that trading can indeed be seamlessly executed on a platform....

Binance and Paxos’s BUSD: High Quality Reserves, Audits, and Regulation

23.11.2022
What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so this piece is intended as an explanation of BUSD. First and foremost, BUSD is a stablecoin pegged to the US Dollar...

A 'Substantial Amount' of Money is Missing Says FTX Lawyer – Is it Missing or Has it Been Stolen?

23.11.2022
A “substantial amount” of the failed crypto exchange FTX’s assets are either missing or have been stolen, said the exchange’s lawyer in court. According to the Wall Street Journal, this statement was made by said James Bromley, counsel to FTX’s new management, during a bankruptcy hearing...

DWF Labs joins MAD Metaverse as strategic advisor

23.11.2022
DWF Labs’ primary objective is to invest in and promote the leading cryptocurrency projects, as well as to become innovators and Web3 industry leaders. MAD Metaverse will now be supported by this company, which offers consulting, strategic advice, smart contract audits, and other related...

Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax

23.11.2022
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets...

Coinbase CEO Reveals Company Holds Over $39 Billion Worth of BTC In Response to Now-Deleted Binance CEO Tweet

23.11.2022
As major crypto exchanges are intensifying efforts to assure customers and investors of their stability, Brian Armstrong, the CEO of Coinbase, has revealed that his company holds crypto reserves that include some BTC 2 million worth about $39.9 billion. “We hold ~2M BTC. ~$39.9B worth as...

Cathie Woods of Ark Invest Predicts Bitcoin Will Reach $1 Million by 2030 – Here’s Why

23.11.2022
Ark Investment founder and CEO Cathie Wood believes Bitcoin could top $1 million per coin by 2030. The famed stock-picker is standing by her bold prediction that each BTC coin would be worth $1 million in the next eight years despite the recent bloodbath in the market that has seen the flagship...

Billionaire Tron Founder Justin Sun Looking to Purchase FTX Assets

23.11.2022
Justin Sun, the Founder of Tron (TRX), is reportedly open to deals for the assets of the now-defunct crypto exchange FTX. Sun said that his associates were evaluating potential purchases of assets from the fallen, Bahamas-based exchange, according to the Wall Street Journal. The adviser at...

Curve DAO Price Prediction as CRV Rockets Up 40% in 24 Hours – Here’s Where It’s Headed Next

23.11.2022
The price of Curve DAO (CRV) has risen by 46% in the past 24 hours, as a whale's plot to sell the altcoin short backfired and resulted in a squeeze. CRV is currently up by 5% in a week and down by 31% in a month, with the short seller having undermined its price for over a week before its recovery...

Hong Kong Preparing to Join Digital Yuan Pilot, Extend ‘Cross-border’ Reach

23.11.2022
Mainland China and Hong Kong are set to co-launch the digital yuan’s first cross-border pilot project – as the People’s Bank of China (PBoC)-led project edges ever-closer to roll out. According to Shanghai Securities News, Howard Lee, the Deputy Chief Executive of the Hong Kong Monetary Authority...

Bitcoin regains the $16k mark: Will BTC continue the recovery?

23.11.2022
Bitcoin is a leading cryptocurrency that runs on a Proof of Work consensus. After the FTX liquidity crisis, investors started questioning the sustainability of decentralized crypto networks, especially small and mid-caps, because it is not regulated by any central authority. Loss of value means...