The crypto industry faces another blow as India’s Financial Intelligence Unit (FIU) aims to ban nine prominent exchanges within the country. The list includes industry giants like Binance and Kraken,...Read More
In a relentless spree of deceit, scammers pilfered a staggering $3 million in cryptocurrencies on Christmas Day alone. Operating under the radar, these fraudulent actors capitalized on Google Ads, luring...Read More
In a remarkable policy shift, the Central Bank of Nigeria (CBN) has overturned its previous ban on crypto transactions within the country. This significant change came through a circular dated...Read More
BlackRock took a significant step forward in its pursuit of a spot bitcoin exchange-traded fund (ETF) as it revealed plans for its proposed ETF, christened IBIT, in an amended S-1...Read More
Bank of Korea Governor Rhee Chang-yong highlighted the challenges posed by the increasing dominance of stablecoins like tether (USDT) and USD Coin (USDC). Despite their name, these digital currencies often...Read More
KuCoin, a prominent crypto exchange, recently agreed to a $22 million settlement with the State of New York. The settlement includes prohibiting state residents from accessing its platform, detailed in...Read More
In a recent twist of events, the world’s most affluent entrepreneur, Elon Musk, stumbled in an attempt to engage in discourse with Twitter and Block co-founder Jack Dorsey regarding the...Read More
In a bold move, the government of El Salvador has teamed up with Tether, the stablecoin company, to unveil a pioneering initiative named “Adopting El Salvador Freedom.” Under this initiative,...Read More
In the midst of escalating challenges for Binance, the leading cryptocurrency exchange, regulatory scrutiny has heightened with Dubai’s Virtual Asset Regulator, VARA, closely monitoring its activities following recent legal entanglements....Read More
In a recent development, AntPool, a prominent Bitcoin mining pool, made an announcement regarding a record-breaking transaction and subsequent actions to rectify a significant fee issue. The incident occurred last...Read More