The sale of Bitcoin by the German government recently caused a huge concern in the crypto market. Yet, the situation is even more alarming when considering number of Governments with Bitcoin and massive amounts of other cryptocurrency. So, if these…
US Increases Reward to $5 Million for OneCoin Ruja Ignatova
US authorities have heightened their efforts in the ongoing pursuit of justice against the notorious OneCoin cryptocurrency scam. The State Department has announced an increase in the reward for information leading to the arrest and conviction of Ruja Ignatova, co-founder…
Circle Internet Financial Shifts Legal Base from Ireland to US with IPO Plans
Circle Internet Financial, the company behind the world’s second-largest stablecoin, USD Coin (USDC), has recently announced its plans to move its legal base from the Republic of Ireland to the United States. This strategic decision comes in response to the…
India and US Agencies Unite to Uncover $360 Million Crypto-Funded Drug Ring in Uttarakhand
In a momentous joint effort, law enforcement agencies from India and the United States recently joined forces to conduct an extensive search operation in Uttarakhand, resulting in the discovery of a colossal $360 million crypto-funded drug ring. The Indian Enforcement…
US-UK Review of $20 Billion in Crypto Transactions Tied to Russian Exchange
The US and UK governments are currently conducting a comprehensive review of cryptocurrency transactions worth over $20 billion associated with Garantex, a Russia-based virtual exchange. This joint effort aims to address the issue of sanctions evasion, which has been supporting…
Analyzing Amendments to iShares Bitcoin Trust’s S-1 Form and the Evolution of Bitcoin ETFs
In a pivotal moment for the financial landscape, the recent amendment to the S-1 form for the iShares Bitcoin Trust has not only sparked intrigue but has set the stage for a transformative shift in the world of Bitcoin exchange-traded…
Binance Braces for Potential Fines from US Regulators
In the past few weeks, there have been several notable regulatory actions targeting the crypto industry. These include the UK’s Financial Conduct Authority (FCA) banning Binance from operating in the UK, China’s intensified crackdown on mining and trading, the US Securities…
BlockFi Petitions the U.S. Bankruptcy Court to Let Clients Withdraw From Blocked Accounts
BlockFi, the bankrupt cryptocurrency lender, has petitioned the United States Bankruptcy Court to allow clients to withdraw cryptocurrencies held in their BlockFi Wallet Accounts. Step Closer to Client Refunds This request has no effect on withdrawals or transfers from BlockFi…
The Crypto-token from Apple Co-founder Steve Wozniak is taking off, but you can’t purchase it in the US
Steve Wozniak, the co-founder of Apple, is crypto-going. Wozniak unveiled his new company Efforce on Friday, a blockchain-based “energy efficiency market” for eco-friendly business ventures for crowdfunding. “Wozniak, who is co-founder but not CEO of Efforce, said in a press…
Crypto Enthusiast Joins Biden Transition Team
As soon as the US Presidential election dust began to settle the new regime got to work. A 12-man Covid-19 commission is getting ready to work and the new administration is not wasting time either when it comes to fiscal…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
