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Tax Report Unveils Hundreds of South Korean Crypto Whales
16.10.2023
Data from a new South Korean tax report has revealed details of hundreds of crypto whales with millions of USD worth of coins on overseas crypto exchanges.
New tax rules that came into force this year require crypto holders to declare their holdings on foreign crypto platforms....
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Latin America takes global lead in preference for centralized exchanges: Report
15.10.2023
According to Chainalysis, Latin American crypto users show a significant preference for centralized exchanges, in contrast to the worldwide pattern
US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report
14.10.2023
The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....
Blockchain Gaming Holds Strong in Q3, Amid Evolving Crypto Landscape
14.10.2023
The blockchain gaming sector maintained its influential position in the third quarter of 2023 despite some decreases in momentum, according to Dappradar’s recent report. Although metrics such as unique active wallets and transactions dropped slightly, the report advises against viewing this...
US authorities monitor China-linked Bitcoin miners amid national security concerns: Report
13.10.2023
A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials
Blockchain gaming sees $2.3B in investments year-to-date: Report
13.10.2023
Data from decentralized app tracking platform DappRadar shows that $600 million in investments flowed into the blockchain gaming space in the third quarter of 2023
Bitcoin, Ethereum Technical Analysis: BTC Bulls End a 5-Day Losing Streak
13.10.2023
Bitcoin ended a five-day losing streak on Friday, as the cryptocurrency appears to have found an interim price floor. This comes as traders continued to react to yesterday’s U.S. inflation report, which remained unchanged at 3.7%. Ethereum also edged marginally higher, following its...
River Report: Bitcoin’s Lightning Network Grew by 1,212% in 2 Years
13.10.2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity...
Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports
13.10.2023
Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s new crypto rules as well as growing user base and...
US Space Force pauses use of ChatGPT-like tools due to security fears: Report
13.10.2023
At least 500 Space Force staff members have been affected, according to the department’s former chief software officer
FTX hacker moves $120M amid Sam Bankman-Fried trial: Report
12.10.2023
Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job
Bitcoin, Ethereum Technical Analysis: BTC Under $27,000, ETH Hits 1-Month Low Ahead of US Inflation Report
12.10.2023
Bitcoin fell below the $27,000 level on Thursday, ahead of the upcoming inflation report in the United States. Consumer prices are expected to have risen by 3.6% in September, down 0.1% from the month prior. Ethereum plunged to a multi-week low. Bitcoin Bitcoin (BTC) fell for a fifth consecutive...
Circle admitted by judge as amicus curiae in SEC vs Binance lawsuit: Report
12.10.2023
The orders to pass the pending motion come just a day before the key hearing between Binance and SEC on Oct. 12
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers
12.10.2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align...
Coinbase spot trading volume falls by 52% compared to 2022: Report
12.10.2023
Coinbase recorded around $76 billion in spot trading volume, showing a sharp decline compared to the same quarter in 2022
Report: Long-Term Holders Gobble Up $1.35B in Bitcoin Each Month While Altcoin Mania Lies Dormant
11.10.2023
Seasoned crypto investors continue scooping up bitcoin (BTC) at a rate of 50,000 coins per month valued at $1.35 billion, according to blockchain analytics firm Glassnode’s latest onchain report. This supply tightening comes as the broader digital asset market remains “exceptionally...
New Fidelity Digital Assets Report Advocates Bitcoin Over Gold for Portfolio Diversification
11.10.2023
Fidelity Digital Assets brought new light to the subject of cryptocurrency investments in its September 2023 study, focusing particularly on Bitcoin.
Authored by Chris Kuiper, Director of Research, and Jack Neureuter, Research Analyst, the report meticulously dissects why Bitcoin should...
Crypto Exchange Woo Plans to Repurchase Own Shares Acquired by 3AC – Report
11.10.2023
Crypto exchange WOO has successfully recouped shares and tokens acquired by the failed hedge fund Three Arrows Capital (3AC), the exchange confirmed on Oct. 6.
3AC was apparently the largest investor in WOO’s Series A funding round raised back in November 2021. WOO has also agreed to cancel...
iFinex proposes $150M share buyback from Bitfinex hack affected users: Report
11.10.2023
Bitfinex hack victim from 2016 received iFinex shares as a form of compensation as the crypto exchange didn’t have enough cash at hand to make users whole
JPMorgan debuts tokenization platform TCN with BlackRock among key clients: Report
11.10.2023
The platform enables the conversion of traditional assets into digital assets and makes way for faster and more secure settlements on-chain