NY authorities announce charges related to ‘sham’ crypto recovery firm
The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users.
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South Korean exchange Upbit gets initial license nod from Singapore
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.

Busan is developing an Ethereum-compatible mainnet to become a ‘Blockchain City’
The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal. 182 Total views 36 Total shares South Korea's second-largest city Busan is developing a public blockchain network compatible with mainstream blockchain platforms such as Ethereum and Cosmos. The aim is

Leading Cardano stablecoin project shuts down after excruciating launch delays
Ardana developers claimed back in January that "almost all of the product/smart contract development is finished." 677 Total views 2 Total shares On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly halted development, citing "funding and project timeline uncertainty." The project will remain open-source for builders while…

Bitcoin must cost 10X more with 10X less utility to match Tulip Mania — Investor
Bitcoin (BTC) and cryptocurrencies look nothing like the Tulip Mania of the 17th century even after their rapid gains, one macro investor says.In a tweet on Feb. 15, Dan Tapeiro, co-founder of 10T Holdings, argued that in terms of price relative to average income, Bitcoin and Ether (ETH) still have a huge way to go…

Stablecoin issuer Paxos reportedly probed by New York regulators
While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year. 337 Total views 9 Total shares Own this piece of history Collect this article as an NFTPaxos Trust Company — the New York-based stablecoin issuer behind…

Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients
Nordic private banking institution Nordea is expanding its offering of the blockchain-based trading platform we.trade to its small and middle-sized business customers (SMEs), according to a press release on May 9.The platform will purportedly help address trust deficits extant in current cross-border trades made by SMEs. Patrik Zekkar, Global Head of Trade Finance and Working…

Bitcoin price hits $30,000 milestone for the first time ever
Just two weeks after tackling $20,000, Bitcoin passes the $30,000 mark on the second day of 2021. 1625 Total views 42 Total shares Bitcoin (BTC) hit a fresh psychological landmark on Jan. 2 as the new year kicked off to a flying start for hodlers.BTC/USD weekly candle chart (Coinbase). Source: TradingviewBTC price wastes no time…

Samsung Phone Support for Gemini Exchange Can Further Crypto Adoption
In a major new partnership, Samsung has announced that the Samsung Blockchain Wallet will be integrated with Gemini, a New York-based crypto exchange. This integration will allow owners of newer Samsung Galaxy phones to not only use their devices as cold storage wallets but to buy and sell crypto via the Gemini exchange as well.Samsung…