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Latest Crypto News

Get the inside scoop on the latest developments, trends, and industry insights to stay uptodate on the everevolving crypto landscape.

Russia crypto adoption

Russia to construct additional power facilities in Siberia due to rising demand for crypto mining

Russia’s energy minister, Nikolay Shulginov, has acknowledged the growing demand for electricity from cryptocurrency miners in certain regions of Siberia and has indicated that additional

crypto exchange Gemini sued

Gemini customers seek class-action status in lawsuit against Genesis and DCG

Three customers of the cryptocurrency exchange Gemini’s Earn program have submitted a demand for a class-action lawsuit against Genesis Global Capital and Digital Currency Group

Italy's Senate passed cryptocurrency tax bill

Cryptocurrency investors in Italy to face 26% tax on profits

On December 29, 2022, Italy’s Senate approved a budget for 2023 that includes an increase in taxation for cryptocurrency investors. The budget includes a 26%

Bahamas Securities Commission

Bahamas Securities Commission challenges John Ray’s assessment of seized FTX assets

The Bahamas Securities Commission has taken exception to FTX CEO John Ray’s assertions regarding the value of seized FTX assets, pointing out that such comments

FTX US

FTX’s request to create new crypto tokens denied by Bahamas regulator

The Securities Commission of The Bahamas (SCB) has refuted claims made by the representative of US-based crypto exchange FTX and its debtors that the SCB

Turkey plans to use blockchain technology

Turkey Implements Blockchain-Powered Digital Identities for Government Services

At a digital government event, Fuat Oktay, the Vice President of Turkey, declared the nation’s plan to utilize blockchain technology for confirming the identities of

SushiSwap DeFi

SushiSwap to Retire Kashi and MISO Platforms

In the first quarter of 2023, SushiSwap will discontinue its Kashi lending platform and MISO token launchpad due to their unfavorable design and lack of

Valkyrie Investments and Grayscale Trust

Crypto Asset Manager Valkyrie Gives a Lift to Grayscale Bitcoin Trust

On December 28, Valkyrie Investments, the largest fund in the cryptocurrency industry, declared its intention to become the sponsor and manager of the Grayscale Bitcoin

The Central African Republic (CAR)

Central African Republic temporarily halts Sango Coin listing

The Central African Republic (CAR) has declared that it will not be adding its national cryptocurrency, Sango Coin, to its listing due to the “current

Hacker steal bitcoin from core developer

Bitcoin Core developer loses 200+ BTC in devastating hack

On December 31, Bitcoin developer and core developer Luke Dashjr announced that his PGP (Pretty Good Privacy) key had been hacked, resulting in the theft

Sam Bankman-Fried refuted rumors about transfering fund

Sam Bankman-Fried denies moving funds from Alameda Research

Sam Bankman-Fried, the founder of the now-defunct trading firm Alameda Research and its sister company FTX, has denied any involvement in a series of unidentified

FTX Japan

FTX Japan to Repay Users in Early 2022

In February 2023, FTX Japan will begin to repay its clients’ holdings. The process is expected to be conducted via Liquid Japan, a cryptocurrency trading

Philippines has warned against using unlicensed cryptocurrency exchanges

Philippines SEC Issues Warning About Unregistered Crypto Exchanges

The Securities and Exchange Commission of the Philippines has cautioned people against using crypto exchanges that are not licensed. In a public announcement, the SEC

BlackRock investment management firm

BlackRock to the Rescue: Mining Company Gets $17M Loan

BlackRock, a leading investment management company, has provided Core Scientific, a financially troubled bitcoin mining firm, with a loan of $17 million. This loan is

The CEO of FTX

$3.5 Billion in FTX Deposits Under Exclusive Custody of Bahamian Authorities

The collapse of the FTX crypto exchange has had an extensive effect on the cryptocurrency market, leading to a bearish trend and a decrease in

NFTpay

NFTpay Expands to Include Polygon Blockchain

NFTpay, a Florida-based company, has declared its support of the Polygon blockchain. NFTpay enables other blockchains to process credit card payments for NFTs, or non-fungible