In a recent development, the US Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on a series of cryptocurrency wallets reportedly connected to the North Korean government. These wallets, hosted by the cryptocurrency exchange Binance, contained various digital…
Nobel Laureate Paul Krugman Criticizes Cryptocurrencies: A Deep Dive into His Views on Bitcoin, CBDCs, and the Crypto Bubble
Paul Krugman, a Nobel Prize-winning economist, has recently expressed his skepticism about cryptocurrencies, labeling them as largely useless, overvalued, and appealing primarily to bank skeptics and criminals. His comments come amidst a growing debate about the value and utility of…
Crypto Electricity Tax Nixed in Important Debt Ceiling Deal
Crypto miners in the United States can now breathe a sigh of relief as plans by the Biden administration to impose a 30% tax on their electricity consumption have been scrapped in the latest deal to raise the country’s debt…
Dogecoin’s Transaction Volume Skyrockets with Introduction of DRC-20 Tokens: A New Era for DOGE
Dogecoin, the popular meme-based cryptocurrency, recently experienced a tenfold increase in its daily transaction volume, setting a new record. This surge in activity was triggered by the introduction of a new mechanism that enables the issuance of tokens on the…
Cryptocurrency Ban: Implications for Tourists and the Future of Digital Payments in Bali
In a recent development, the Bali Provincial Government in Indonesia has announced a ban on the use of cryptocurrencies for payments by foreign tourists. This move, which includes popular digital currencies like Bitcoin and USDT, signifies a significant shift in…
Crypto Payments Illegal in Tropical Paradise of Bali
Bali, one of the most popular tourist destinations in Indonesia, has issued a stern warning to visitors who use crypto for payments on the island. Wayan Koster, the governor of Bali, said that the rupiah is the only legal tender…
Altcoins at a Glance- Get Your Latest Crypto Briefs
Welcome back to Altcoins at a Glance. The Altcoins space has been relatively quiet this week. but we know that you’ll be expecting your news briefs so we have searched for the most interesting topics for you. Your NFT Can…
Your NFT Can Now Be Used as Collateral – Binance
Binance, the world’s largest crypto exchange by transaction volume, has launched a new feature for non-fungible tokens (NFTs). These unique assets represent anything from art, music, and gaming items. Binance is now allowing users to borrow crypto using their NFTs…
Crypto Startup Co-Founded by Sam Altman Raises $115 Million: An Overview of a Recent Funding Round in the Crypto Space
Sam Altman’s Crypto Startup Secures $115 Million in Funding A cryptocurrency startup co-founded by tech luminaries Sam Altman and Joshua Browder has recently made headlines by successfully raising an impressive $115 million in a funding round. Altman, the former president…
Hong Kong’s New Regulatory Stand: Retail Customers Barred from Stablecoin Trading – A Strategic Move towards Investor Protection
Hong Kong Tightens Stablecoin Trading Regulations The Hong Kong Monetary Authority (HKMA) has recently disclosed its new regulatory stance on stablecoins, stating that retail customers will no longer be permitted to participate in stablecoin trading. This initiative exhibits Hong Kong’s…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
