South Korea Takes Tough Stance on Crypto Regulation
The South Korean Ministry of Justice has placed the establishment of a Virtual Currency Tracking System high on its priority list for 2023. This system...
Category : Cryptocurrency News
NFT Collector Sues OpenSea Following a Phishing Scam
In a move that has shocked the NFT world, Robbie Acres, an avid NFT collector, has taken legal action against OpenSea NFT Marketplace for keeping...
Amid Challenging Market Conditions, CoinTracker Cuts around 20% of its Workforce
CoinTracker, a cryptocurrency tax reporting platform, has recently come under fire after The Block reported that they had fired 20% of employees via internal emails....
Bitcoin Drops for the Second Consecutive Day in 2023
After a significant drop in 2022, the biggest cryptocurrency in the world, Bitcoin, enjoyed an incredible start to 2023. With 15 straight days of gains,...
Tesla took a $34 Million Impairment Charge on its Bitcoin Holdings in Q4 of 2022: Reports
According to data from the EV maker’s most recent earnings report, Tesla incurred a $34 million impairment charge on its bitcoin holdings in the most...
Now Experience Cryptocurrency Safely with New York’s Friendly Guidance on Custodial Structures!
The New York Department of Financial Services (DFS) issued non-binding yet persuasive guidance on January 23, 2023, to safeguard virtual currency customers in the event...
Chinese Blockchain Firm Announces Cross-Border CBDC Payment System
A new digital payment system has been launched by a Hong Kong-based blockchain business Red Date technology with the goal of bridging the stablecoin and...
Crypto Chaos: Can Bitcoin Be the New Trade Currency Between Brazil and Argentina?
Brazil and Argentina might just be experiencing their most liberating moment yet, as experts suggest Bitcoin could provide the perfect long-term remedy for their over-dependence...
Indian Government Official Shared His Views on Crypto
Rajeev Chandrasekhar, an Indian government official, spoke about cryptocurrency at such an event in Bengaluru. He is India’s Minister of State for Electronics and Information...
Genesis Holds Liabilities Totaling Over $5 Billion
According to documents signed by interim CEO Derar Islim, the crypto lending firm Genesis had $5.1 billion in outstanding debts in the weeks after it...