The court may soon draw the curtain on the long-standing lawsuit legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. The SEC filed a lawsuit in December 2020. In the initial filing, the commission alleged that the Read More
A prolonged slump in the prices of assets characterizes the crypto market in 2022. The combination of local and macroeconomic factors has impacted the price of these assets. The stock market has also experienced the same bearish trend, with popular Read More
The controversial taxes slapped on crypto transactions in India have continued to create a negative ripple effect. Earlier this year, the Indian Parliament passed this controversial tax proposal which came into effect on April 1. The bill met resistance at Read More
The entire crypto market bled with multiple losses and asset devaluation after the collapse of Sam Bankman-Fried’s crypto exchange FTX. In addition, crypto firms exposed to FTX got a fair share of the bitter pill. Investigations have been ongoing to Read More
According to an official press release, BlockFi has commenced restructuring proceedings to stabilize the business and maximize value for its customers and stakeholders. The proceedings began with a voluntary case under Chapter 11 of the United States Bankruptcy Code. The Read More
Bitcoin has been declining since the advent of the bear market. But the bearish trend escalated in the past three weeks due to the lending crisis. The Terra collapse, the macroeconomic situation, and the current FTX crisis has made 2022 Read More
Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since November 2020. Current Read More
Ethereum has seen a decline over the past 24 hours. Being hit with new selling pressure, the world’s second-largest crypto asset has plummeted by over 8%. Despite its recent pressure, the whales have become more intense on ETH. The crypto Read More
The FTX insolvency case has placed the crypto exchange in shambles, leading to the Chapter 11 bankruptcy filing. While the proceedings remain on course, customers whose assets are stuck on the platform are seeking ways to recover them. Given the Read More
The crypto market and Bitcoin trend over the past few days have been entirely unexpected. The market is feeling the heat from the bears as most of the crypto assets took to the south. Moreover, the FTX crisis has increasingly Read More
The largest cryptocurrency, Bitcoin, has hit a 5% decline from its $20K level, which it has maintained for a couple of weeks. However, during the short rally a few weeks back, Bitcoin’s valuation recovered from its 3-month low, shooting above Read More
Still, in line with its duty, BaFin has instructed Germany-based Coinbase to be mindful of its business dealings and organization. The warning came in light of a prior act of disorganization, which does not meet the firm’s organizational requirements. Moreover, Read More
Amid the decline of its token FTT, FTX is currently experiencing backlashes from users over slow withdrawals. Given the complaints, the crypto exchange responded on its official Twitter account, assuring users that all was well. However, FTX mentioned that node Read More
The level of price fluctuation in Bitcoin and crypto market is sometimes very discouraging. Many cryptos in 2022 have continually lost value, while others record more pullbacks than rallies. This situation has been the bane of the market since the Read More
The role of European duties involve creating the possibility for social progress and the sustainability of the market economy, including the crypto sector. In terms of the crypto economy, the European Union is now interested in providing a regulation bill Read More
The growth and increasing cryptocurrency adoption have brought different reactions in many places. Some are entirely embracing the industry and its numerous opportunities with innovative ideas. But some are retracing their steps within the crypto space using stricter regulatory measures. Read More
Solidus Labs functions to carry out crypto operations based on the crypto-native T3 (Triple T) market integration solutions (MIS). These market solutions include threat intelligence, monitoring of transactions, and trade surveillance. Its primary mission is to ensure the safety of Read More
The Terra Classic LUNC has been putting more effort into resuscitation its new position in the crypto space. Unfortunately, the algorithmic stablecoin Terra and LUNA collapse in May caused a massive loss in the industry. The crisis intensified the crypto Read More
Bitcoin and the broader crypto market surprisingly performed over the past week. At the beginning of the week, the market saw more movements to the south in most crypto asset prices. A few hours following the release of the US Read More
Per the all-time mainstream adoptions of crypto, McDonald’s Fast-food chain has started accepting Bitcoin payments in Lugano. A news outlet shared a video of customers paying for their orders with Bitcoin via McDonald’s electronic kiosk. Top players in the crypto Read More
