Chainalysis hit with $650M lawsuit, Italy to hike Bitcoin tax: Law Decoded

Bahamian regulators said that they were the first to take action against SBF, and recent actions of the current CEO hindered their investigation. 85 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTThe Securities Commission of Bahamas has slammed the current CEO of bankrupt crypto exchange FTX John…

Facebook has been planning its foray into the metaverse for some time now — possibly even several years. But it’s only recently that its ambitious expansion plans have catapulted the concept into mainstream headlines across the globe. Renaming the parent company to Meta was perhaps the biggest, boldest statement of intent the firm could make.…

NFT gaming business models could represent an attractive innovation for gaming publishers as they begin to make more of their titles available to play on blockchain. 127 Total views 2 Total shares Polygon’s VP of Global Business Development for gaming Urvit Goel believes games that integrate nonfungible tokens (NFTs) have a natural edge on traditional…

Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment. Shares in China-based crypto mining chip designer Nano Labs rose slightly after announced it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase. In a

Inflated valuations for crypto businesses have raised the bar for small investors to participate in the ongoing innovation. 112 Total views 1 Total shares As cryptocurrency continues to take over mainstream finance, formerly cautious investors across the globe are rethinking their stance of counting crypto as a bad investment. This change of heart leads to a…

Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry. 361 Total views 1 Total shares The growth of stablecoins that are not fully backed by safe assets could trigger a destabilization in short-term credit markets, rating agency Fitch has warned.In a commentary note, the agency explained that…

Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.

With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity.

The Aug. 10 Consumer Price Index (CPI) report shows year-over-year inflation rose 8.5% in July and while this figure is below economists’ expectations of 8.7%, it is still high. Although inflation remains much higher than the Federal Reserve's 2% target, the marginal slowdown raises hopes that the rate hikes by the Federal Reserve have started to work.…