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Get the inside scoop on the latest developments, trends, and industry insights to stay up–to–date on the ever–evolving crypto landscape.

New Crypto Team Established by US Fed to Tackle Growing Stablecoin Concerns

US Fed Establishes Crypto Task Force to Address Risks of Unregulated Stablecoins

The United States Federal Reserve is stepping up its efforts to keep pace with the ever-evolving cryptocurrency industry by establishing a dedicated team of experts.

March 10, 2023
FTX’s former Lead Engineer

Authorities Confiscate FTX Executive’s $3.7 Million Island Abode

Nishad Singh, FTX’s former Lead Engineer, made headlines last October when he purchased a $3.7 million vacation home on the San Juan Islands. The sprawling

March 10, 2023
Biden Administration Takes Aim at Cryptocurrency Industry with New Tax and Regulatory Measures

US Government Looks to Increase Revenue with Proposed 30% Tax on Crypto Mining

The Biden administration has recently proposed a new tax on cryptocurrency miners and the elimination of tax-deductible losses related to wash-trading of crypto tokens. This

March 10, 2023
Sam Bankman-Fried's Criminal Trial Delay May Be Necessary, Says Attorneys

SBF Lawyers Request Delay in October Trial Due to Insufficient Evidence

Attorneys representing Sam Bankman-Fried (SBF), the founder of crypto exchange FTX, have suggested that a delay of his upcoming criminal trial may be necessary. SBF’s

March 10, 2023
SWIFT’s CBDC Interconnection Project Enters Second Phase

SWIFT Moves Forward with CBDC Pilot After Successful Initial Phase

In a statement released on Thursday, interbank messaging company SWIFT has announced that its project to interconnect central bank digital currencies (CBDCs) has shown “clear

March 9, 2023
The HBAR Foundation has confirmed reports of technical irregularities

Hedera Blockchain Faces Technical Challenges, HBAR Foundation Warns

The HBAR Foundation, responsible for the Hedera blockchain, has confirmed reports of technical irregularities that are affecting various Hedera decentralized applications (dApps) and their users.

March 9, 2023
BaFin suggests a case-by-case approach to classify NFTs

Germany’s BaFin Emphasizes Personalized Approach to NFT Governance

The Federal Financial Supervisory Authority of Germany (BaFin) has released an explanatory note stating that nonfungible tokens (NFTs) are not yet classified as securities. BaFin

March 9, 2023
The transfer involved 49,000 BTC worth around $1 billion

US Government Sends $200 Million Worth of Bitcoin to Coinbase

The US government has transferred a significant amount of Bitcoin ($BTC) to Coinbase, a Nasdaq-listed cryptocurrency trading platform, according to data from the cryptocurrency’s blockchain.

March 9, 2023
FTX Sells Sequoia Interest to Abu Dhabi's Investment Arm for $45M

FTX Closes $45M Deal to Sell Sequoia Stake to Abu Dhabi’s Investment Arm

FTX’s investment arm, Alameda Research, has announced a $45 million cash deal to sell its interest in Sequoia Capital to the Abu Dhabi sovereign wealth

March 9, 2023
Biden Administration Cracks Down on Crypto Tax Evasion Tactic.

Biden Administration Aims to Close Crypto Tax Loss Harvesting Loophole

U.S. President Joe Biden has proposed a budget that aims to close tax loss harvesting on crypto transactions, a move that could raise up to

March 9, 2023
Transform Ventures enters new phase with launch of $100M blockchain holding company

Transform Ventures expands blockchain investment portfolio with $100M holding company launch

Transform Ventures and Alpha Sigma Capital have co-invested in a new holding company called Alpha Transform Holdings (ATH), which aims to accelerate blockchain investment and

March 9, 2023
Indian Crypto Community Hails Govt's Steps to Tackle Money Laundering

Indian Crypto Community Backs Govt’s Fight Against Money Laundering

The Indian government’s recent move to bring the crypto sector under the Prevention of Money Laundering Act (PMLA) has sparked a discussion on whether this

March 9, 2023
SOL Wallets Shift Over $60 Million to Coinbase Exchange

SOL Whales Transfer More Than $60 Million to Coinbase

A group of massive Solana whale wallets recently transferred more than $60 million worth of $SOL to the Nasdaq-listed cryptocurrency exchange Coinbase in a series

March 8, 2023
Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women

Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women

San Francisco, California, 8th March, 2023 Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women The initiative

March 8, 2023
MEXC Global Reports Record Volume Since Slashing Trading Fees

MEXC Global Reports Record Volume Since Slashing Trading Fees

Singapore, Singapore, 8th March, 2023 Cryptocurrency exchange MEXC Global has reported significantly increased trading volume since cutting its platform fees. The decision to cut trading

March 8, 2023
Margrethe Vestager highlighted the need for healthy competition in the metaverse

European Commission Tackles Monopolies in the Metaverse for a Healthier Digital Economy

The digital revolution has brought about both opportunities and risks for everyone. While technological advancements have created new markets and streamlined processes, regulators have struggled

March 8, 2023
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