Israeli Defense Minister Orders Seizure Of 30 Crypto Wallets

Israel continues its battle against the illicit use of cryptos, specifically cryptos, to finance terrorism. Hence, it is no wonder that defense minister, Benny Gantz, has ordered that 12 bank accounts and 35 crypto wallets be seized as they are linked with terrorist activities. The Shamlach Family And Terrorism Funding Some of the crypto wallets … Read more

BNY Mellon Teams Up With Blockchain Analytics Firm Chainalysis To Trace User’s Cryptocurrency Transactions

The Bank of New York Mellon and Chainalysis a blockchain data-based platform has decided to collaborate. This partnership aims to track and evaluate crypto products. The Bank of New York Mellon is the globe’s biggest custodian bank, which is presently overseeing assets worth $ 46.7 trillion. Being a blockchain-data analysis platform, Chainalysis provides its services … Read more

UK Authorities Continue Crackdown On Cryptocurrencies

The UK government has announced new crypto measures to combat incessant fraudulent activities taking place within the sector.  New Policies Regarding Judgments On Crypto-Related Cases Sir Geoffrey Vos, who heads England and Wales’ court system revealed that the civil justice council (CJC) is making moves to upgrade its policies so that courts can easily track … Read more

Coinbase Is Preparing For A New Crypto Bullish Cycle Amidst A Decline In Its Share Price

Following the decline in cryptos’ prices since November 2021, Coinbase shares haven’t been performing well either. There Is No Basis For Comparison – Coinbase CFO Even though the firm is convinced that its current performance doesn’t mean it’s share price should decline by this amount, that hasn’t prevented them from seeking fresh buy opportunities in … Read more

Apart From DOGE, Other Meme Coins Operate As Ponzi Schemes – DOGE Co-Founder

One of Dogecoin’s founders, Billy Markus, has claimed that Dogecoin is the only genuine memecoin. He said the owners of other meme coins are get-rich-quick individuals who are only after quick profits for their pockets at the expense of the token holders. Dogecoin Was Made As A Satire – Markus Markus’s recent tweet showed his … Read more

Central Bank Of Ireland Plans To Offer Crypto Trading To Retails Investors

Rumors suggest that despite becoming the key location for Binance’s new headquarters, the region is still sitting on a stalemate regarding the approval of crypto trading in retail. Issues with UCITs Central Bank is Ireland is still unsure if it wants to give approval for crypto trading for retail investors, as it recently posted a … Read more

The Crypto Community Discusses Russia’s Ukraine Invasion And The Crypto Market

Several media reports confirm that Russian troops have committed an act of war on Ukrainian soil. This geopolitical tension has negatively impacted the crypto and stock markets. The Geopolitical Tension And The Crypto Market As of this writing, the BTC price has declined by more than 10%, while altcoins’ prices have dipped by almost 21% … Read more

Ripple Lawyers Confident Of Win Over The SEC 

The US-SEC filed a response to Ripple’s 2-week old sur-reply through the fair notice defense on Wednesday. The financial watchdog wants the court to rule in its favor and strike out Ripple’s fair notice defense. Ripple’s fair notice defense alleged that the SEC intentionally failed to disclose to Ripple that XRP could be considered security … Read more

MATIC, GALA, Decentraland Price Analysis

MANA, GALA, and MATIC saw oversold conditions on the 4hr Relative Strength Index as the global sentiment worsened over the past 24 hours. However, Decentraland needed to overcome the $2.6-level to confront the supply region while Polygon struggled to gain momentum to flip the $1.5-mark. Polygon (MATIC) MATIC recorded a 54.25% drop after touching its … Read more

Chainalysis Warns Users About Murky Trading Activities In the Cryptocurrency Space

The latest data from Chainalysis – a crypto intelligence company – discloses that artificial inflation may be occurring in the value of NFTs (non-fungible tokens) due to wash-trading. In an exclusive report, even though a majority of the 262 wash traders detected by them were witnessing losses, a profit of up to $8.5M had also … Read more

Vitalik Buterin Plan To Use $100 Million Worth Of USDC In Different Crypto Projects

The founder of Ethereum – the second-biggest blockchain network across the globe – Vitalik Buterin, will utilize $100 million worth in USDC to be invested in several projects of high reward and risk in the market of cryptocurrency. The decision has been taken that the donation for the CryptoRelief fund for COVID-19 would be returned … Read more

ECB Villeroy Calls For Faster Crypto Regulations as Crypto Rallies

A member of the governing council of the European Central Bank (ECB) has expressed his desire to see the crypto industry get more regulations from governments all over the world. Councilmember, Villeroy de Galhau, made this call recently as reported on Twitter by user Walter Bloomberg (@DeItaone) on Thursday, October 7, 2021. Villeroy is popular … Read more

Local Crypto Investors In China Still Buying Cryptocurrencies

Even though crypto transactions are now outlaws in china, some Chinese crypto investors are still holding on to their digital assets. When Bloomberg interviewed some of these investors, they agreed that the announcement gave them the impetus to increase their crypto holdings. The Drive To Hold More Ballet Global’s CEO, Bobby Lee, said, “the clampdown … Read more

“Credit Card-Holders in US Developed Hunger for Crypto Rewards”, Reveals A Review

There is a huge variety of prepaid cards in the US which offer rewards to the users in the form of digital currencies. In the past 3 years, the use of such crypto rewarding cards has increased outrageously. This has led the electronic payment giants such as Visa, Master as well as PayPal to provide … Read more

House Committee Has Finally Approved Cryptocurrency Tax Provisions

The tax portion of the amended reconciliation package of about $3.5 trillion has been approved by the House-of-Representatives-committee, which is committed to ensuring the revenue. On Wednesday, voting has been cast by the “Ways-and-Means-Committee” for the “Budget-Committee” to transmit the draft. The voting resulted in a 24-19 ratio, and the only member who broke party … Read more

Indian Crypto Exchanges Are Rolling Out Crypto Giveaways And Marketing Campaigns To Lure Investors

To make the celebrations for the holiday term in India, the exchanges of cryptocurrency are pursuing to attract retail traders by initiating intense marketing campaigns as well as delivering a lot of crypto as gifts. Intended for the current year’s season of Hindu holidays, which commenced on 10th September, the exchanges of cryptocurrency are persuading … Read more

Local Crypto Investors In China Still Buying Cryptocurrencies

Even though crypto transactions are now outlawed in China, some Chinese crypto investors are still holding on to their digital assets. When Bloomberg interviewed some of these investors, they agreed that the announcement gave them the impetus to increase their crypto holdings. The Drive To Hold More Ballet Global’s CEO, Bobby Lee, said, “the clampdown … Read more

Opposition to Nomination of Saule Omarova as Head of OCC Gathers Momentum

President of the United States, Joe Biden, is reportedly planning to nominate Saule Omarova for the position of the Office of the Comptroller of the Currency (OCC). Saule Omarova is known as a strong critic of cryptocurrency and the banking system. Hence, her nomination has raised concerns and resistance is already forming against the news … Read more

No Blanket Ban on Crypto – Indonesian Regulatory Authorities

In line with existing laws, regulatory bodies in Indonesia have pledged not to impose a blanket ban on cryptocurrencies. According to Minister of Trade in Indonesia, Muhammad Luthfi, the Indonesian government will not be outlawing crypto assets. However, purchases with cryptocurrencies will not be accepted in the country. Minister Luthfi revealed that the government is … Read more