In a significant move underscoring the evolving regulatory landscape surrounding cryptocurrencies, the US Securities and Exchange Commission (SEC) has turned its attention to the Non-Fungible Tokens (NFTs) market, initiating legal action against media and entertainment company Impact Theory. The SEC alleges that Impact Theory conducted an unregistered offering of crypto asset securities as Non-Fungible Tokens, […]

South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2.3 million). This move comes as South Korea seeks to fortify consumer protection in the crypto domain. Elevated Financial Cushion For Consumer Protection This policy may ensure exchanges […]

The stock market is still within striking distance from former all-time highs set in 2021, yet Bitcoin and other cryptocurrencies feel miles away by comparison. The two vastly different types of assets that once traded lock and step are now experiencing a significant divergence. Is it time for BTCUSD to kiss its correlation with the […]

Brazilian football legend Ronaldinho Gaúcho faces the looming possibility of detention as he becomes entangled in a cryptocurrency fraud investigation in his homeland. Accused of being associated with a pyramid scheme post-retirement, Ronaldinho’s involvement allegedly catalyzed financial losses for scores of investors who were swayed by his iconic status. Summoned by the Brazilian Chamber of […]

In another shocking development, an advisor at a venture capital (VC) firm that focuses on blockchain companies has been arrested. The Master Ventures advisor identified as Orion Depp was arrested in Colombia and is now facing multiple charges connected with sexual activities with underage children. Making Colombia His Hunting Ground In the report that was […]

Disgraced FTX founder Sam Bankman-Fried (SBF) and his lawyers had requested that he be released on weekdays. However, following the rejection of that request, SBF’s lawyers have once again written to the court, making a different request this time around. Sam Bankman-Fried Comes For The Government According to an electronically filed letter to Judge Lewis […]

Data shows the Ethereum total transaction fee has declined to 6-month lows recently, indicating that investors aren’t engaging much with the coin. Ethereum Daily Total Transaction Fee Has Declined Recently According to data from the market intelligence platform IntoTheBlock, the transfer fees on the ETH blockchain have dropped to just 1,720 tokens recently. The indicator […]

In its last update, the Shibarium team had promised that the network was almost “ready” to be reopened to the public. And now, recent development suggests the SHIB community doesn’t have to wait any longer as the network is up and running once again. Shibarium Open To The Public According to a blog post by […]

Indian Prime Minister Narendra Modi has emerged as a global advocate for a unified approach to crypto regulations. With a resounding call for inclusive and harmonized rules, Modi’s stance on digital assets sends ripples through the global tech community. India’s Leadership At The G20 Summit: A Catalyst For Crypto Regulation Consensus PM Modi emphasized the […]

In a recent development, blockchain analytics firm Glassnode and asset manager ARK Invest have collaborated to develop “Cointime Economics,” a new on-chain framework that determines the Bitcoin value. What Is Cointime Economics For Bitcoin Value? According to the whitepaper, this economic model is meant to be a new way of representing Bitcoin’s tokenomics based on […]

Arbitrum (ARB), a prominent Layer 2 scaling solution, is currently grappling with a concerning trend that has sent ripples of unease through its community. The growth momentum of its native ARB token holders seems to have hit a roadblock, igniting apprehensions about the token’s value and the overall vitality of its ecosystem. Data from Token […]

Friend.tech has found itself in dire straits, prompting critics to pronounce its premature demise. The social media platform, which initially garnered attention for its explosive growth, has been hit hard by a sharp decline in crucial metrics, leaving many to question its viability in an increasingly competitive landscape.  The swift rise and fall of Friend.tech […]

From SEC and court decisions that could potentially reshape the ETF landscape to macroeconomic indicators that might dictate next move by Bitcoin, this week promises significant developments. Let’s dive deep into the most anticipated events that every Bitcoin and crypto enthusiast, investor, and trader should have on their radar. 1. Anticipation High For SEC’s Bitcoin […]

In a strategic move that underscores the growing integration of crypto into mainstream business operations, Fenix International Limited, the parent company of the adult content subscription platform OnlyFans, has made a significant investment in Ethereum (ETH). The company’s financial statement for 2022, recently submitted to British authorities, reveals a purchase of Ether worth $19.889 million […]