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…
The Associated Press is Using Blockchain to Transmit US Poll results
The Associated Press news agency has reportedly been publishing incoming US election results onto the Ethereum and EOS Blockchains. As poll results keep trickling in from different states and counties, the developer webpage has detailed how to access its AP…
US-Iran Tensions Push Up Bitcoin Price
The Bitcoin price went into the near year staggering around the $7,500 mark. This has changed barely a week into the New Year with price retaking the $8,000 mark then pushing above the 200 day moving average for the first…
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 were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
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,…
