Telegram issues official statement on Pavel Durov detention
The Telegram team said, “Telegram’s CEO Pavel Durov has nothing to hide and travels frequently in Europe.”
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Tether and Bitfinex Expect a Market Manipulation Lawsuit: Official
Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper.Tether and Bitfinex to defend its positionOn Oct. 5, both Tether and Bitfinex published statements claiming that they had become aware of an unreleased paper “falsely positing that…

Fearing Revolt, Roger Ver’s Bitcoin.com Backs Down From Proposed BCH Mining Tax
According to a statement earlier today, Jan. 28, Roger Ver’s Bitcoin.com is backing down from the 12.5% mining tax on Bitcoin Cash they proposed along with other major BCH mining pools owing to the community’s overwhelming negative response to the proposal. Bitcoin.com’s positionLast week, Bitcoin Cash (BCH) personalities proposed a 12.5% tax on mining rewards that…

Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry
Bitcoin's (BTC) price has been trading above $22,500 for 12 days. Of course, this situation can change even if Federal Reserve chair Jerome Powell issues positive statements about the economy in today’s post-FOMC presser. Even if the decision matches the market consensus, the post-meeting statement should be investors' primary area of focus. Specific areas to focus…

Billionaire Bitcoiner slams UK tax system, leaves for Swiss Bitcoin city: Report
Bitcoiner Christian Angermayer claimed the United Kingdom’s latest tax proposal for non-doms would be a “huge mistake” and be “a bigger act of national self-harm than Brexit.”

What is crypto market capitulation and its significance
Capitulation literally means concede. In the financial sphere, this term reflects a period of aggressive selling when the last of the bulls concede defeat to become bears themselves.What is crypto market capitulation?Suppose a cryptocurrency drops 30% overnight. An investor is left with two options: they can continue to hold or sell to realize the losses.There…

California regulator warns of 17 crypto websites suspected of fraud
The California Department of Financial Protection and Innovation (DFPI) has fired off 17 separate warnings over two days of crypto brokers and websites it suspects of being fraudulent.The list includes Tahoe Digital Exchange, TeleTrade Options, Tony Alin Trading Firm, Hekamenltd/Tosal Markets Limited, Trade 1960, Yong Ying Global Investment Company Limited, Unison FX, VoyanX.com, and ZC…

Elixir taps Curve to bring BlackRock's BUIDL to DeFi
Token holders can mint deUSD against BUIDL, BlackRock's onchain money fund, and swap on Curve, a popular DEX.

Avalanche buys back $53M in AVAX tokens from Terra’s LFG
The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.