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Bitcoin.com Wallet Celebrates Major Milestone With 40 Million Crypto Wallets Created
17.5.2023
Bitcoin.com is proud to announce that it has reached a significant milestone in its mission to increase the adoption of cryptocurrency worldwide: the creation of the 40 millionth crypto wallet in the multi-chain, DeFi-ready Bitcoin.com Wallet. Since its inception in June 2017, the Bitcoin.com...
Tax Authority Slated to Become Main Crypto Regulator in Russia
17.5.2023
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market...
Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key
17.5.2023
Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller through a popular classifieds website.”...
China's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes
17.5.2023
NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies
Bank Execs Face Senate Ire for Blaming Bank Collapse on Crypto While Amassing Millions
17.5.2023
US Senators have slammed executives of failed banks for trying to deflect blame away from their poor management practices and toward digital asset firms.
During a Tuesday Senate Banking Committee hearing, Senator Cynthia Lummis lashed out at Scott Shay, the former chairman of now-collapsed...
Report: Biden Administration ‘Crypto Tsar’ Says DOJ will Target Digital Asset Exchange Platforms
17.5.2023
According to Eun Young Choi, the head of the crypto unit at the U.S. Department of Justice (DOJ), the United States has resolved to target digital platforms because they are making it easy for criminals and money launderers. Choi said the DOJ hopes taking action against entities such as crypto...
Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says
17.5.2023
100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said
Developments in crypto tax across Europe and CIS at a glance
17.5.2023
Taxation in the crypto sphere is fast evolving, and keeping track of the developments is not just imperative but indeed a necessity. The European and CIS markets have seen a bit of turmoil in relation to crypto tax developments. Things are working out with all the major regions cementing their...
Senators slam bank execs for blaming collapses on crypto, pocketing millions
17.5.2023
Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse
Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
17.5.2023
South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean...
ViaBTC’s 7th Anniversary: The Evolution of Crypto Mining
17.5.2023
On January 3, 2009, Satoshi Nakamoto mined the Genesis Block on a small server in Helsinki, Finland, and received a reward of 50 bitcoins, which marks the beginning of crypto mining. From CPU to ASIC In Satoshi Nakamoto’s initial vision, BTC mining could be performed using CPUs installed...
Crypto retail trading should be regulated as gambling: UK lawmakers
17.5.2023
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed
First Mover Asia: Crypto's Rotating Profits
17.5.2023
Ripple CEO Accuses US Regulator of ‘Hypocrisy’ on Twitter
17.5.2023
Ripple CEO Brad Garlinghouse did not hold back on Twitter in criticizing the US Securities and Exchange Commission for its “hypocrisy” in public statements about the cryptocurrency industry.
Garlinghouse tweeted a meme from The Office where a character looks befuddled in response, while adding...
Best Crypto to Buy Now 16 March – The Graph, Lido DAO, Injective
17.5.2023
In a financial landscape characterized by soaring volatility, Bitcoin, the flagship cryptocurrency, is demonstrating a shift from its bullish trajectory that had set the tone for the year.
Today's trading pattern shows a notable pullback from last month's high of $31,046, presenting a murky...
UK Lawmaker Group Clashes With Treasury Over Treating Unbacked Crypto as Gambling
17.5.2023
The U.K. Treasury Committee seemingly opposed the government’s proposal to recognize crypto as regulated financial activities
Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs
17.5.2023
United States District Judge Analisa Torres made the order on May 16 in a win for Ripple
Balancer Proposes ‘Permissioned Arbitrage’ to Rescue Inverse Finance’s Frozen Crypto
16.5.2023
Automated market maker Balancer is working with a trio of DeFi protocols to rescue crypto frozen since Euler's massive hack
Can you recover stolen Bitcoin from crypto scams?
16.5.2023
Recovering stolen Bitcoin from crypto scams is challenging due to the anonymous nature of blockchain transactions and jurisdictional issues
Crypto community reacts to Ledger wallet's secret recovery phrase service
16.5.2023
Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea