From public social media to private Discord and Telegram channels, the internet is buzzing with the talk of Bitcoin. Some people think it’s going to be the biggest hit in the DeFi space ever since the launch of Ethereum. At the same time, others are more modest in their predictions for this project. While predictions
Crypto startup Fireblocks has decided to slash jobs as the firm undergoes restructuring. According to a Bloomberg report, Fireblocks is planning to lay off nearly 3% of its workforce. The move echoes in tandem with other market players with Polygon Labs and SNAP token creator also announcing job cuts previously. Fireblocks to slack 3% of
By Medha Singh (Reuters) – Payments from crypto-related ransom attacks nearly doubled to a record $1 billion in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion last year, compared with $567 million in 2022. However, losses stemming from other crypto-related
OKX, the world’s third-largest cryptocurrency futures exchange by trading volume, has come under the scrutiny of South Korea’s financial watchdogs. The Financial Intelligence Unit (FIU) has initiated a criminal investigation into the exchange’s operations in South Korea following allegations of unlawful activities. This development highlights regulatory bodies’ tightening grip on virtual asset service providers (VASPs)
The Aloha State has suddenly relented in its years-long effort to regulate cryptocurrencies. Remember crypto? The digital assets space — from Bitcoin at the top to thousands of short-lived, pump-and-dump meme coins at the bottom — has fallen well out of favor since the 2022 collapse of FTX and subsequent crash. Even so, Hawaii law,
Tax • February 7, 2024, 4:47AM EST Published 1 minute earlier on Thailand has extended its value-added tax exemption on cryptocurrency trading in an attempt to develop the country into a digital asset center, according to local media. The Bangkok Post reported on Wednesday that the Ministry of Finance has relaxed rules by suspending the
Cryptocurrency has been around for over a decade now with most of the global population aware of what it is. What isn’t so clear is how to make money with cryptocurrency. If that is a question you have asked yourself this article hopes to debunk some of the strategies available. Today, we will look at
In the crypto world, it’s important to remain vigilant and always on the search for the best altcoins to buy now. As February unfolds, one distinctive category of cryptocurrencies should be on your radar, those under $1 with the potential to soar tenfold. In this post, we look at some of the best picks in
The crypto prices today were in the positive territory, but stayed near the bay, as investors are assessing a flurry of factors before putting any bets. For instance, the uncertainty over a potential timeline for the Federal Reserve to start trimming the policy rates has weighed on the crypto market sentiment. On the other hand,
On February 6, the United States Securities and Exchange Commission (SEC) introduced strict rules for people involved in providing liquidity. These rules cover not only federal securities laws but also impact cryptocurrency and decentralized finance (DeFi). New Rules Targeting Crypto Liquidity The rule, which was proposed in March 2022, finally got the green light from