Dark web market owner arrested in New York after FBI traces crypto
The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name.
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Kraken and BitGo will help distribute the first FTX payments in 2025
More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX claimants could see recovery payments distributed as early as January.

US Startup Raises $3.5 from Pantera, Others to Launch Decentralized Exchange on LN
The United States-based startup Sparkswap has completed a successful seed funding round to create a decentralized exchange based on the Bitcoin (BTC) Lightning Network. A blog post revealed the development on Monday, April 8.According to Sparkswap’s founder Trey Griffith, the company raised $3.5 million from investors including Initialized Capital, Pantera Capital, Foundation Capital and Y…

ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
ApeCoin (APE), the new cryptocurrency that was recently launched by Yuga Labs, aims to be the bedrock of the Otherside metaverse and recently the token has experienced massive volatility leading into and after its digital land sale. APE’s price dropped from $26 at the peak on Apr. 28 to $14 on May. 2 — more…

47 countries pledge to authorize the crypto-asset reporting framework by 2027
The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities. 470 Total views 24 Total shares Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international standard on automatic exchange of information between tax authorities, into

Three launch lessons from blockchain-based freelance marketplace TopIQs
Over a decade ago, the cofounders of TopIQs were freelance internet marketers dealing with many of the frustrations that still irk freelancers today. They invested significant time pitching, landing and completing projects for clients on freelance marketplaces. When it was time to get paid, they spent weeks or months chasing payments or resolving account issues…

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation
Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will start at 60 megawatts, and can expand its capacity up to 85 megawatts.DMG Blockchain Solutions initially revealed its plans to launch the station in July, stating…

Japan to Look Into the Impact of Facebook’s Libra Ahead of G7
Japanese authorities are investigating the impact of Facebook’s Libra stablecoin, The New York Times reported on July 12.Per the report, Japanese authorities have set up a working group tasked with investigating the impact of Facebook’s stablecoin on monetary policy and financial stability. The working group will reportedly consist of the Bank of Japan, the Ministry…

Major Indian exchange proposes new regulatory framework to avoid crypto ban
The proposal hopes to avert a blanket ban that some warn would result in the illegal trade of cryptocurrencies Major Indian cryptocurrency exchange BuyUCoin has developed a framework to regulate cryptocurrency in India that it claims has the support of “all the Indian cryptocurrency stakeholders”. However, it is not clear yet which stakeholders helped develop the…