Genesis Lending Arm Halts Withdrawals Amidst FTX Collapse
Patrick KowalskyLast week, the FTX crypto exchange filed for bankruptcy and this week has been all about the fallout of its collapse. Genesis Global Trading is the latest in the series…
Crypto.com’s CEO Downplays Concerns About Crypto Contagion
The downfall of the FTX crypto exchange has fueled concerns about market contagion and this prompted the boss of Crypto.com to take to YouTube to reassure users. On Monday, Kris…
World’s Leading Crypto Trading Platform Binance Is Dumping Its FTX Holding
Binance’s FTX Holding Undergoes Liquidation Changpeng Zhao (CZ), CEO of Binance, made a revelation on Twitter that his company’s FTX (FTT) tokens’ holding is undergoing a liquidation process. According to…
Report Shows Brussels To Begin Talks On EU Crypto Tax
According to European officials, the European Commission is gearing up to discuss the adoption of a common tax regime with its member states that will apply to crypto assets. The…
BTC Mining Focused Education Initiative Taken By Foundry Academy for Producing Top-Class Technicians
Digital Asset Group’s Bitcoin mining company Foundry Digital has announced a Bitcoin mining education drive initiative. The training program has been launched to educate and train Bitcoin miners further so…
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Binance Top Executive Not Convinced CBDCs Are Threatening To Bitcoin
Binance’s top executive does not seem to be convinced on the aspect that cryptocurrencies’ existence might be in danger because of CBDCs. He said that in fact, the governments would…
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Russia Likely To Legalize Crypto Mining, Suggests a Lawmaker
A fresh legal framework has been proposed by Russian lawmakers which aim at legalizing all sorts of cryptocurrencies in the country. The proposed law also suggests that though crypto can…
Cleanspark Acquires Bitcoin Mining Rigs Worth $5.9 Million
Exactly 3,853 top-of-the-line Bitcoin mining rigs have been bought at an approximate value of $6 Million by Cleanspark from Bitmain. According to Cleanspark, the company had acquired from than 26…
Survey Reveals Republicans And Democrats Consider Cryptocurrencies To Be Future Of Finance
One of the largest digital currency asset managers in the world, Grayscale Investments has shared the results of a survey it recently carried out. National Survey Grayscale Investments announced that…
A Major Retailer in South Africa has Started Accepting Cryptocurrencies
Pick n Pay, a major grocery retail giant in South Africa has recently made an announcement for the customers. The retail giant has announced that it now accepts cryptocurrencies from…
Number Of Cryptocurrency ATMs Continues To Rise In Russia
If it was reported in 2021 that the number of cryptocurrency ATMs has been rising around the world, it would be considered quite normal. However, it comes as a huge…
$14.5m Exploit Devastates Team Finance Crypto Launchpad
An up and coming crypto launchpad, Team Finance, faced a severe $14.5 million exploit, which, according to the firm, occurred due to an issue in the migration feature. Team Finance…
Indian Finance Minister Claims Crypto Regulation A Priority Under G20 Presidency
India is gearing up to take up the presidency of the G20 and Nirmala Sitharaman, the Finance Minister, said that she would love to highlight that the country is moving…
Moldova Becomes Next Country to Ban Crypto Mining Following Major Energy Crises
As the crypto market continues to shrivel from its otherwise gargantuan size just a few months ago, every little loss can hurt the platform as a whole. However, unfortunately for…
Future UK PM is Pro Crypto; What Does that Mean for the Country?
Following the unceremonious resignation Liz Truss, siting prime minister of the UK, the Conservative Party was quick to find a replacement for her. And the newest candidate for the current…
Argentine Tax Authority Notified 4,000 Crypto Holders For Tax Statements Amendments
The tax authority in Argentina, AFIP, has ramped up its battle against tax evasion in the country via cryptocurrencies. The organization disclosed on October 28th that notifications had been sent…
Freeway, Major Staking Platform, Restricts Withdrawals Following News of Market Volatility
The crypto market has continued to see some of the most volatile and some of the biggest companies with the most potential fall. And as the rest of the market…
CFTC Commissioner Compares Risk Of Crypto Contagion To Financial Crisis
Christy Goldsmith Romero, the Commissioner of the Commodity Futures Trading Commission (CFTC) highlighted the collapse of the Terra ecosystem and its consequences. He cited the collapse as an example of…
Crypto Analyst Believes That A Catalyst Will Trigger Bullish Market In BTC
A major crypto analyst is predicting that the crypto market could start surging as soon as a single catalyst manages to hit. According to their prediction, a single event will…
Turkey President Shows Unique Openness to the Crypto Market
Despite the crypto market going through one of its worst patches in a decade, this has not stopped a lot of the growth that the market continues to see. Many…