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BONK to go live on MEXC in Assessment Zone
3.1.2023
MEXC announces the launch of trading for BONK, a project by Bonk Inu, by initially enabling the trading pair BONK/USDT. According to the timeline shared by the MEXC exchange platform, deposits are already active, and trading is scheduled to start on January 3, 2023, at 11:00 UTC. Withdrawals will...
Gemini and DCG work to resolve frozen funds
3.1.2023
Cameron Winklevoss, a Co-Founder of Gemini, has accused DCG of stalling their efforts to claim funds worth approximately $1.7 billion. The funds have been on hold reportedly since mid-November. The accusation cites that Barry Silbert, the Head of Digital Currency Group, has acted in bad faith...
Bahamas securities commission backfires at FTX’s management
3.1.2023
The Bahamas regulators recently had a feud against the new FTX management team. SCB (The Securities Commission of The Bahamas) shared an official statement on January 2. According to the statement, the SCB is trying to rectify the material misstatements by John Ray III. Recently appointed as...
Bithumb former chair Lee Jung-Hoon acquitted in the first instance
3.1.2023
The former chair was under allegations of $70 million in fraud charges which were said to have occurred during the acquisition of Bithumb
Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?
2.1.2023
Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin and the crypto ecosystem for the past year. These included the top price of bitcoin, the influence of the cryptocurrency on U.S. elections, the issuance of...
Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021
2.1.2023
In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an early miner from 2010 spent strings of 20 ancient block rewards. In 2022, however, only 17 block rewards from 2010 were spent. Alongside this, on March 10, 2022...
Terra Luna Classic Price Prediction as LUNC Starts New Rally – Where is LUNC Headed in 2023?
2.1.2023
LUNC, the native token of the now mostly defunct original Terra blockchain, which saw a catastrophic exit of its Decentralized Finance (DeFi) trade value locked (TVL), developers and community members when the value of its UST stablecoin depegged from the US dollar and triggered hyperinflation...
Cameron Winklevoss pens open letter to Barry Silbert about Gemini’s blocked funds
2.1.2023
Both sides are facing financial headwinds, and Gemini was sued last week over money locked in its Earn program
$CHECK: Paycheck’s brand new upgraded token on SushiSwap
2.1.2023
Paycheck is delighted to announce their upgraded token on SushiSwap, launching on January 1, 2023, in VALLETTA, MALTA! Their products are tailored to help individuals build and grow their wealth, offering applications and services such as the NFT Marketplace with art and trading masterships....
Research shows fake unregulated crypto exchange volume
2.1.2023
A paper titled “Crypto Wash Trading,” published by the National Bureau of Economic Research, also known as the NBER shows that almost 70% of the transactions on unregulated crypto exchange platforms are made up of wash trades. In other words, those transactions are fake. A “wash...
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
2.1.2023
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval
New year community advice: Check your smart contract approvals
2.1.2023
A Reddit user has warned of the potential dangers of unchecked smart contracts, advising the community to revoke approvals on a regular basis
Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022
1.1.2023
According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the...
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia
1.1.2023
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal...
Bill on Digital Ruble Submitted to Russian Parliament
1.1.2023
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...
Robert Kiyosaki Buying More Bitcoin — Warns SEC Regulations Will Crush Most Cryptocurrencies
1.1.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Bitcoin, Warns About...
Bankrupt Crypto Exchange FTX to Start Letting Customers in Japan Withdraw Funds
1.1.2023
FTX customers in Japan will soon be able to withdraw their funds that are currently frozen due to the bankruptcy process. Two FTX-owned crypto exchanges, FTX Japan and Liquid, are developing a system to allow withdrawals by mid-February. FTX’s Japanese Customers Can Withdraw Funds Soon...
Top crypto funding stories of 2022
31.12.2022
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that's either a good thing or a bad thing
Mark Moss Predicts Regulatory Shakeup and End of Crypto Bull Runs, but Believes Bitcoin Will Endure
31.12.2022
According to Mark Moss, the CEO of Market Disruptor, significant regulation is coming to the cryptocurrency industry following the aftermath of FTX’s collapse. He believes that future cryptocurrency bull runs probably won’t happen. However, Moss says that bitcoin will continue to...