A Fed Hike Sends Bitcoin to Its Lowest Level Since 2020
With a wave of monetary tightening sweeping from Europe to the US this week, cryptocurrencies plunged on Monday, with Bitcoin nearing its lowest level since...
Category : Business
The Transition From Proof of Stake to Ethereum Is Now Complete: The Merge Is Finally Here
During the past few weeks, cryptocurrency investors have been anxiously awaiting undoubtedly the most anticipated event of the decade. Combined Proof-of-Work (PoW) and Beacon Chain,...
A South Korean Court Issues an Arrest Warrant for Terra’s Do Kwon
Do Kwon, co-creator of Terraform Labs, the company behind the Tera Luna and Terra Classic USD cryptocurrencies, is the subject of an arrest warrant (LUNA)....
Crypto Traders Leaving Indian Exchanges for Binance in Bid to Escape Taxes
After a major tax shift, billionaire Changpeng Zhao gained greater control over the Indian cryptocurrency trading market through Binance Holdings Ltd. As reported by Sensor...
The U.S. Treasury has provided withdrawal guidelines for Tornado Cash Customers
Customers of the now-banned cryptocurrency mixer Tornado Cash have been given withdrawal guidelines by the U.S. Treasury. On August 8, the Treasury added Ethereum (ETH)-based software to the Specially Designated Nationals list, saying there was a “national security concern” with...
Dubai’s Luxury Hotel Palazzo Versace Offers Crypto Payment Options to Guests
The Palazzo Versace, a luxury hotel in Dubai, recently announced that it would accept cryptocurrencies for payment of services. According to a story published by...
Bank Operations at Wazirx will Continue as Usual After ED Unfreezes its Accounts
Indian cryptocurrency exchange WazirX announced that its bank accounts had been unfrozen by the ED. In a statement, WazirX said that they have provided all...
EmpiresX’s Head Trader Pleads Guilty to $100 million Fraud
Florida native Joshua David Nicholas admitted in court that he and other members of the cryptocurrency exchange platform EmpiresX stole digital assets worth $100 million...
A Report Suggests the Bank of Russia Is Considering Legalising Crypto for Cross-Border Payments
In light of current geopolitical conditions, the Bank of Russia, the nation’s central bank, has admitted that cross-border crypto transfers are inevitable and will soon...
Celsius Network Files To Return A Portion Of Funds Back To Its Users
In a report submitted to the New York Chapter Court, Celsius Network reported that it was temporarily restarting withdrawals to refund 22 percent of the...