Australian regulator claims win over Kraken’s Bit Trade in federal court
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
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Bitcoin bulls run risk of ‘Bart Simpson’ BTC price dip to $62K
Bitcoin held its latest advances over the weekend, but there are plenty of arguments calling for a snap BTC price retracement.

New EU AML Compliance Laws Could Disrupt the Crypto Industry
On Jan. 10, the European Union’s 5th Anti-Money Laundering Directive (5AMLD), was officially signed into law. The legislation will give sweeping powers to compliance organizations and law authorities. However, aside from tracking dirty money to offshore paradises, the law brings about a series of restrictive demands on crypto companies in a way never seen before.This…

FTX miniseries gets go ahead, covering the ‘most brazen frauds ever committed’
The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show. 422 Total views 2 Total shares An eight-episode limited series exploring the unraveling and scandals behind sunken crypto exchange FTX and its leadership is slated to soon begin…

Ant Financial Aims to Launch Its Enterprise Blockchain Platform This Month
Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is reportedly launching its enterprise-focused “Ant Blockchain Open Alliance” platform this month.Local news agency Bihai123 reported on Jan. 8 that Ant Financial Group vice president Jiang Guofei, who is also president of Ant’s smart technology business group, revealed that the network has been live in…

Caitlin Long’s Custodia Bank launches Bitcoin custody platform
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year. 864 Total views 18 Total shares Custodia Bank, a cryptocurrency-friendly bank founded by Bitcoin advocate Caitlin Long, has launched its BT custody platform.The firm took to X (formerly Twitter) on Nov. 7 to announce the launch of

Web3 devs, gamers, investors thrive despite India’s crypto policy hurdles
India’s contribution to the global Web3 ecosystem — primarily in software development, gaming, investments and startup funding — increased year-on-year despite an absence of locally tailored crypto regulations. India’s share of global Web3 developers grew from 5% to 12% in the last 10 years, second only to the United States as of 2024, according to

Why DeFi, in its current state, is destined to fail
Decentralized finance, in a nutshell, promises transparency and offers beneficial terms for borrowers. DeFi platforms are supposed to build an alternative financial system for offering/receiving loans, exchanging currencies, making payments, etc. There are no banks, brokers or trusted third parties, governments are not involved, and finally, notorious middlemen are eliminated. There is just secure, transparent…

Price Analysis 06/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
Jennifer Bailey, the vice president of Apple’s payments service, Apple Pay, said that the company was watching cryptocurrencies closely as they believe it has long-term potential. The company claims that Apple pay processes about one billion transactions every month. With such a wide reach, Apple’s move to crypto, similar to Facebook, will be a huge…