MicroStrategy Founder Recently Lost Request To Halt His DC Tax Bypassing Claims
Michael Saylor, the founder of MicroStrategy, has lost his attempt in court to have charges dismissed, alleging that he did not pay his wage taxes, penalties, and interest in Washington,…
Hong Kong Visitors Shun China’s Digital Yuan Initiative – Report
Visitors to the mainland Chinese city of Shenzhen are reportedly giving cold shoulders to the Chinese central bank digital currency (CBDC), the digital Yuan. The southeastern metropolis city that borders…
A Consortium Of 20 Stablecoins Worldwide Is Set To Establish An International Standards Body
As the number of cryptocurrencies and digital assets grows, so does the potential for global payment networks, cross-border remittances, and other banking services. Therefore, there’s a need for a worldwide…
Digital Pound Can Safeguard Against Bank Runs – BoE Deputy Governor
Recently, BNN Bloomberg reported that Jon Cunliffe, the Deputy Governor of the Bank of England (BoE), supports the creation of a CBDC. He argued that creating a new digital rendition…
Trezor Takes Control Of Chip Production To Streamline Supply Chain And Meet Surging Demand
In a bid to streamline the making of its Trezor wallets and reduce lead times in the supply cycle, hardware wallet manufacturer Trezor has announced that it will produce its…
NYU Partners With Near Protocol To Introduce Web3 Learning
Over the years, education has been a major barrier to entering the Web3 and crypto space, particularly when understanding the fundamental technology behind these advancements. Consequently, the NYU SPS (New…
What is Copy Trade and How to Do Forex Trading with Copy Trading Effectively?
What is Copy Trade? Copy trading is a method of trading that allows Investors to copy the trades of other successful traders, in real-time, on their account. This allows investors…
FDIC-Insured Bank To Hold Some Of Circle’s Reserve Worth $65M
To encourage digital literacy and financial inclusion in the greater Atlanta area, Citizens Trust Bank has joined hands with Circle Internet Financial to store part of its reserves in USDC.…
USDT On Tron Surpasses 50% Of Total Supply
Tron, which launched its mainnet a few years ago, is becoming a significant player in the cryptocurrency space. The project has attracted many users, exchanges, and businesses over its short…
US Crypto Regulation Causes $32M Crypto Outflow – CoinShares Report
The US securities regulator, SEC, has recently taken a rather harsh stance towards crypto firms. As a result, institutional investors in the US have shown high FUD by causing the…
Polygon Labs Lay Off 100 Employees Despite Huge Treasury
Polygon Labs’ co-founder, Sandeep Nailwal, has revealed that the company will reduce its workforce by 20% to bring more cohesion. Polygon Claims Crypto Winter Not Reason For Layoffs According to…
Ethereum Stakers Unmoved By US SEC’s Crackdown On Staking
Although concerns about a potential ban on crypto staking have surfaced recently, data analysis reveals that the amount of Ethereum being staked continues to rise. The US SEC has recently…
Chinese Tech Firm Tencent Reveals Workforce Reshuffle At Metaverse Unit
Following Facebook’s rebranding to Meta to pursue its virtual ecosystem project, many famous tech firms have invested massively in their metaverse initiative. However, things differ from how the firms envisioned…
Ex-Boyfriend Of CryptoQueen Receives Five Years Prison Sentence – Report
According to reports, Gilbert Armenta, the ex-boyfriend of Ruja Ignatova, also known as the “Cryptoqueen,” was sentenced to prison for his involvement in the fake cryptocurrency project OneCoin. Armenta Receives…
BUSD Issuance Halt By SEC Sends Shockwaves Across Crypto Community
The crypto community was recently sent into a state of trepidation when the U.S. Securities and Exchange Commission (SEC) issued orders to end the issuance of the BUSD, a stablecoin…
Coinbase CEO Condemns SEC’s Alleged Ban On Staking
The co-founder and CEO of Coinbase exchange, Brian Armstrong, noted that a ban on retail crypto staking by United States regulators would be disastrous for the crypto sector. Armstrong Condemns…
Stablecoins Will Fuel DeFi Growth – Aave Founder
As DeFi (decentralized finance) continues to grow and evolve, stablecoins have become the foundation for frictionless and low-cost monetary transactions. Stablecoins have become an integral part of the DeFi ecosystem,…
Shemaroo Unveils NFT Platform On Polygon For Bollywood Fans
NFTs (non-fungible tokens) are becoming increasingly popular for people to collect, trade, and store unique digital items, with the first NFT marketplace launched in less than a decade. India’s iconic…
MakerDAO Launches Spark Protocol To Rival Aave’s Smart Contract
Competition in the decentralized finance (DeFi) ecosystem is fiercer as several platforms continue inventing new products to stay ahead of the pack. Accordingly, MakerDAO has unveiled its Spark Protocol, a…
Standard Chartered Partner With SBI Digital To Open Crypto Custody In Japan
Standard Chartered bank has joined the ranks of major banks exploring opportunities in the cryptocurrency and blockchain industry. According to reports, the bank’s daughter firm, Zodia custody, recently established a…
London Emerges As Leading Global Crypto Hub Following Treasury’s Regulatory Plan
After the UK Treasury announced plans to implement new rules for the digital asset industry, London now ranks as the top crypto hub worldwide. The recent on-chain data shows that…
Valuation Of Blockchain-Based IM Apps Would Exceed $500 Million By 2030 – Study
The world of messaging applications has come a long way since SMS. With the rise of the internet and mobile phones, messaging applications have become increasingly popular, with the likes…
Whales Move 4,794 BTC As Bitcoin Ends January With 39% Increase
Whale Alert, a blockchain analytics platform, observed huge whale activity in the last two days of January 2023 as BTC whales exchanged 4,794 BTC. This activity followed the asset’s recent…
Bitcoin Lightning Network Goes Live On Clover, An Android PoS Platform
Jack Mallers, the CEO of Strike, Bitcoin’s payment service, revealed recently that Bitcoin’s Lightning Network had gone live on Clover. Clover is a major Android POS (point of sale) platform.…
BUSD’s Market Cap Falls By $2B In January
Reports revealed that Binance’s BUSD stablecoin’s market capitalization decreased by $2 billion in January following the revelation of poor management. CoinGecko, a crypto price tracking platform, revealed that BUSD’s market…