BlockFi customers want $375m in various crypto assets to be considered as their property in the ongoing Chapter 11 bankruptcy case. This comes after a group of customers argued in court that the eight-day delay in shutting down the app after transaction suspension...
According to Goldman Sachs’ recent survey of family offices, a majority of them, 62%, are not interested in investing in cryptocurrencies – an increase from 39% in 2021. However, the survey also found that 26% of family offices are currently invested in crypto,...
Bitcoin SV (BSV) and bitcoin cash (BCH) are bucking the overall market trend as they register impressive gains despite an ongoing market-wide bloodbath. BSV and BCH have respectively increased by 16% and 6% at a time when most assets are facing declines. BSV...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Eddie Yue, Hong Kong’s chief executive officer of the Hong Kong Monetary Authority (HKMA), recently gave a speech outlining the new licensing process that would apply to crypto firms...
Argentina is facing a challenging financial landscape, with its Central Bank imposing restrictions on cryptocurrency transactions via payment providers, even as the public increasingly adopts digital currencies to safeguard their wealth. As Argentina’s economy grapples with economic turmoil and a surging interest in...
Analysts predict that increasing regulatory pressure, energy costs and tax burden, in countries such as the U.S. and Kazakhstan could lead to a new migration of crypto miners to Russia. The analysts suggest that Russia has the potential to increase its share of...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kim Nam-Kuk, a South Korean lawmaker, is under investigation after claims that he withdrew 800,000 WEMIX tokens during questionable crypto transactions. A series of cryptocurrency transactions by a legislator...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 1,090 individuals who were being kept prisoner and coerced to participate in crypto frauds have been successfully freed by the police in the Philippines. The victims, originally from various...
The shadow of regulatory action has been looming over the global crypto industry for some time now. The FTX crash and the recent SEC action against cryptocurrency exchange Coinbase are some of the grim reminders of troubled times. Among concerns about regulatory action,...
Lookonchain data shows that a crypto whale who had bought pepe coin (PEPE) worth $2.46m two days ago is down $541k as buyers struggle to sustain the price of the meme coin. Whale scoops PEPE Lookonchain, a web3 data analysis tool, shared information...