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SEC Has Taken 97 Crypto Enforcement Actions So Far — Crypto a Top Priority for Chairman Gensler
24.1.2022
The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone...
Heroes Chained Gets Support From Pangolin Exchange
24.1.2022
The ongoing development in the blockchain and cryptocurrency segments have caught the fancy of investors and users like never before. In the latest happening, Heroes Chained, which has carved a place for itself in the online gaming domain, has welcomed Pangolin Exchange as one of the investors...
Crypto exchange's Twitter gets hacked by ‘disgruntled employee’
24.1.2022
Latoken’s Twitter account started to publish accusations of scams and mistreating employees
Binance Leads $5.5M Seed Round for Heroes of Mavia
24.1.2022
Binance recently assisted Heroes of Mavia by leading a 5.5 million dollars seed round. The gaming venture will use the funds to enhance its game development, attract fresh talent, and promote the community. Heroes of Mavia aims to revolutionize the NFT gaming landscape with its gameplay, mechanics...
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
23.1.2022
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer...
Crypto Tax Trends in 2022: Increased Reporting, Updated Rules, and a Wealth Tax Debate
23.1.2022
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Crypto isn’t a secret anymore, and nowhere is this more apparent than in the concerted efforts of various governments to make sure crypto traders pay taxes on their gains. 2021 saw an increasing movement towards the creation of taxation regimes for crypto, and 2022 might see more...
World’s Largest Asset Manager Blackrock Files for Blockchain Tech ETF
23.1.2022
The New York-based multinational investment management corporation Blackrock has filed an application with the Securities and Exchange Commission (SEC) for a blockchain tech exchange-traded fund (ETF). The Ishares blockchain tech ETF aims to track the Intercontinental Exchange (ICE) index called...
Union Bank of Philippines to Offer Crypto Trading and Custodial Services
23.1.2022
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’ Unionbank to Offer Crypto Trading and Custodial...
Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country’s Muslim Population
21.1.2022
Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons...
MetisDAO TVL surges by 99,800% as the layer-2 race heats up
21.1.2022
The total value locked on METIS rose by 99,881% in a month after the layer-2 project integrated with numerous DeFi protocols and cross-chain bridges
Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department
21.1.2022
According to the investigation, the world's largest crypto exchange pursued growth while dodging regulatory scrutiny
Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers
21.1.2022
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud....
Binance Has Been Witholding Information From Regulators, Claims Reuters
21.1.2022
Whilst claiming that it welcomes regulatory oversight, major crypto exchange Binance was acting against those same regulators, Reuters reported today.
Reuters says it conducted “dozens” of interviews with former senior employees of the exchange, as well as advisers and business partners,...
New research expects a gloomy year for Bitcoin as DeFi and DAOs rise
21.1.2022
On the brighter side, DeFi will continue to expand and adapt, with DAO governance eventually becoming a major driver of activity on the chain
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion
21.1.2022
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire...
Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
21.1.2022
Argentine-headquartered ecommerce giant Mercado Libre invested in Mercado Bitcoin and Paxos as it aims to boost its presence in the cryptosphere, as well as digital asset development and adoption in Latin America....
Read More: Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
Bitfinex Releases Staking Rewards for MATIC
21.1.2022
Bitfinex recently announced staking rewards for MATIC users on the platform. The venture released an official post on their website to make the announcement. Polygon recently shared 90 million MATIC with Bitfinex to promote staking rewards for users. Bitfinex anticipates that its audience can earn...
Laos Licenses 2 Cryptocurrency Trading Platforms
21.1.2022
The central bank of Laos has issued licenses to two cryptocurrency trading platforms. Lao Digital Assets Exchange (LDX) and Bitqik are now the only two licensed entities that can offer full brokerage and trading services in cryptocurrencies and other digital assets in the country. 2 Cryptocurrency...
LBank Exchange Will List STEP on January 21, 2022
21.1.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list STEP on January 21, 2022. For all users of LBank Exchange, the STEP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on January 21, 2022. While...
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining
21.1.2022
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’...