Bybit opens registration to Chinese nationals overseas
Data suggested that more than ten million Chinese nationals lived outside the country, giving Bybit access to a larger pool of crypto users.
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A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion. Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof of claim (POC) from 3AC liquidators was untimely and an unjust attempt

Solana (SOL) trading volume soars as DeFi investors seek ETH alternatives
2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis. While new price highs are positive for investors, they do present a range of challenges relating to fees, transaction speeds and the centralization of…

RFK Jr drops out of presidential race, while Trump takes lead on Polymarket
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FTC issues public warning about new crypto ATM scam
The Federal Trade Commission alerts everyone to stay vigilant of a new payment scam involving impersonators and crypto ATMs. 348 Total views 30 Total shares The FTC published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where…

India ponders Bitcoin tax law to target $5B market
India’s government could levy taxes on Bitcoin trading despite the lack of legal clarity for the country’s crypto space. 1585 Total views 11 Total shares India’s finance ministry has called for the enactment of Bitcoin (BTC) tax laws in the country. According to the Times of India, the ministry’s Central Economic Intelligence Bureau, or CEIB,…

New Zealand: Financial Authority Blacklists Another Three Crypto Platforms Marked as ‘Suspected Scams’
New Zealand’s Financial Markets Authority (FMA) has added three more crypto platforms to its blacklist that warns about scams, a release by the FMA reveals Wednesday, Dec. 12.OneLife Network Limited and its associated entity OneCoin Limited were added to the list because they “bear the characteristics of a scam” and promise unrealistic returns. Moreover, the…

Compass Mining sued for losing Bitcoin mining machines bought by customers
The lawsuit alleges that Compass Mining didn’t disclose to Bit River that it was only the ‘middleman,’ not the owner of its customers’ machines. 408 Total views 3 Total shares Own this piece of history Collect this article as an NFTCustomers are suing Compass Mining for over $2 million, alleging fraud, after the company cut…

Trump's VP pick, JD Vance, could mean a new era for crypto
J.D. Vance is a Bitcoin holder, and he is the tentative favorite to become America's next vice president. That could mean big things for the crypto industry.