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DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million
16.11.2021
The U.S. Department of Justice (DOJ) is selling cryptocurrency worth $56 million that was seized from the “number one promoter” of Bitconnect, the largest crypto fraud scheme ever charged criminally. Investors were fraudulently induced to invest over $2 billion. The Bitconnect...
Polygon launches a zk-STARK scaling solution for DApp deployment
16.11.2021
The move is expected to improve the validation process for DApps on the Polygon network
IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high
16.11.2021
IOTX price hits a new all-time high after the project shifts its focus to “MachineFi”, NFTs and decentralized finance
Ripple outlines possible regulatory framework for crypto industry in US
16.11.2021
Innovation sandboxes, applying existing frameworks on crypto, and communication between the public and private sectors were included in Ripple's suggestions
3 reasons why traders want to buy the Bitcoin price dip to $58.5K
16.11.2021
BTC is retesting major support and resistance zones and analysts believe that the long-term outlook remains bullish if Bitcoin can close above $63,000
ETC Group announces new blockchain equity ETF with HANetf partnership
16.11.2021
HANetf and ETC Group announced the continuation of their collaboration with a blockchain equity ETF
Israel reportedly adopts new AML rules for crypto
16.11.2021
The Israeli government is now reportedly in the process of reviewing several crypto firms to issue operating licenses
Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude
16.11.2021
The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country,...
AMC CEO Says Bitpay Will Support Shiba Inu — AMC Set to Accept SHIB Next Quarter
16.11.2021
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says that payment service provider Bitpay has agreed to support the meme cryptocurrency shiba inu (SHIB) at his request. AMC will be able to accept shiba inu crypto for payments within the next few months. AMC Says...
‘Big Short’ Investor Michael Burry Says ‘I’ve Never Shorted Any Cryptocurrency’ — Warns of the Biggest Bubble
16.11.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He further warned that the current bubble is the biggest one. Michael Burry on Bubbles and Shorting Cryptocurrencies Famous investor and founder of private...
OpenSea volumes go bananas as collectors pile back into Bored Ape Yacht Club NFTs
15.11.2021
NFT sale volumes are a mere shadow of what they were in previous months, but renewed interest in Bored Ape Yacht Club NFTs and a new Lil Baby Ape Club derivative project could be reversing the trend
President Biden signs infrastructure bill into law, mandating broker reporting requirements
15.11.2021
Crypto was absent from every speaker's lips during the signing ceremony, with bipartisanship and jobs seeming to be the theme of the afternoon
DeFi traders cry foul after only 0.015% of active ParaSwap wallets receive PSP tokens
15.11.2021
Airdrops are back in fashion as ParaSwap drops 5,200 to 10,400 PSP tokens to active users while also disqualifying airdrop hunters from gaming the system
Keep3rV1, WINk and UMA ignore Bitcoin price dip by posting 20%+ gains
15.11.2021
BTC price is sliding closer to the $62,000 support, while UMA, WINk, KP3R and many other altcoins are shifting higher
Law Decoded: Crypto cities, investor protection nation, Nov. 8–15
15.11.2021
Major U.S. cities embrace crypto as federal regulators remain much harder to bring around
London assembly member calls for ban on crypto ads in trains and buses
15.11.2021
The lawmaker said that she wasn’t specifically targeting memecoin Floki Inu in the push for this crackdown, but rather as one of three current crypto advertising campaigns on London's public transport
Tanzania’s Zanzibar reportedly exploring ways to adopt crypto
15.11.2021
More African countries are considering adopting Bitcoin as the local crypto market surged over 1,200% in one year
Cameroon to Hold Workshop Examining Challenges and Risks of Using Cryptocurrencies
15.11.2021
The government in Cameroon, which is reportedly keen on regulating cryptocurrencies, is set to hold a workshop that will look at the challenges and risks of using such digital currencies in the country. Proliferation of Scams According to a report by Business in Cameroon, the workshop, which is...
Zanzibar Government Keen to Get Stakeholders’ View on Cryptocurrencies
15.11.2021
Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the Views of Stakeholders In his remarks during an interview with The Citizen, Mudrick Soraga, who is...
Citizens in Argentina Might Have to Pay Crypto Taxes Depending on Location
15.11.2021
A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because...