Crypto firm Hiddup rebrands amid $41M investigation and legal woes
Hiddup continues advertising returns ranging from 6 to 16% per annum through blockchain mining on its website while facing legal action.
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SVB crisis: Here are the crypto firms denying exposure to troubled US banks
Amid the ongoing United States banking crisis, several major cryptocurrency firms have denied exposure to dissolved U.S. banks like Silicon Valley Bank (SVB).As potential implications of the SVB crisis for the crypto market continue to unfold, Cointelegraph highlighted several major crypto firms that have declared to be unaffected by the issues so far.TetherTether, the operator…
Kenyan legislation establishes crypto taxation, creates consumer protections
The country’s first effort at crypto regulation amends the country’s Capital Markets Law to define crypto as a security and establish reporting, tax and other requirements. 684 Total views 4 Total shares An amendment was introduced to the Kenyan law in capital markets on Nov. 21 that would require those who own or deal in…
Crypto spam bots go silent while Musk promises to prosecute scammers
Some users in the crypto Twitter space are already reporting a reduction in the number of scam bots after Elon Musk’s latest changes to the social media platform. 1374 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTElon Musk's latest salvo in his war against crypto spam bots…
Report: Stablecoins See Significant Growth in Adoption Over Recent Months
According to analysis by research firm Diar published Dec. 10, the adoption of stablecoins is growing based on the increasing number of on-chain transactions.Per Diar, four major stablecoins to date — USDC, True USD (TUSD), Paxos (PAX) and the Gemini dollar (GUSD) — have broken the $5 billion mark in on-chain transactions within the three-month…
Bitcoin traders take a breather as BTC price metrics hint new highs are incoming
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF. 143 Total views 5 Total shares On Sept. 15, the United States government responded to questions the defense has suggested posing to potential jurors during their selection for the case against former FTX CEO
New Bill in Ukraine to Finally Let Crypto Firms Open Bank Accounts
Ukraine is getting closer to providing a legal status for cryptocurrencies like Bitcoin (BTC) with a new draft bill published on Monday.On May 18, the Ministry of Digital Transformation of Ukraine published a new draft bill “On Virtual Assets” that aims to determine the legal status of crypto assets, rule of their circulation and issuance…
Bitcoin Price $8K Bounce Now Aligns Perfectly With Stock-to-Flow Chart
Bitcoin (BTC) escaped a fresh dip to $7,500 on Sept. 25, avoiding the worst scenario analysts had warned about before its major crash.Cryptocurrency market daily overview. Source: Coin360Bitcoin circles $8.3K halving predictionData from Coin360 showed the largest cryptocurrency paring some losses between $8,000 and $8,500 on Wednesday. Previously, BTC/USD had bottomed out below $8,000 on some…