Coinbase Subjected to Heavy Fine in Nederland On the allegation of doing business without undergoing registration, leading global crypto firm, Coinbase, had been subjected to hefty fines. As per the information, which is also covered by worldwide media, the fine had been imposed by the Dutch central bank. De Nederlandsche Bank (DNB), under Dutch law,…
Us Senators Claim Silvergate Introduces Crypto Risk Into Traditional Banking
American lawmakers are not done with questions pertaining to the struggling crypto bank Silvergate. Three US senators issued a new letter to the chief executive of the company, Alan Lane. The lawmakers have demanded that the crypto bank provide them with more information because they allege that its dealings with the now-defunct FTX crypto exchange…
Russians Offered Ready-Made Accounts On Crypto Exchanges Amidst Restrictions
Access to global crypto exchanges has been limited for Russian crypto traders in light of sanctions due to which they have been looking for ways to enjoy unrestricted access. Cybersecurity experts revealed that accounts offering unrestricted access to global crypto exchanges to Russian crypto traders have become quite rampant on the dark web in the…
Past Two-Years Record Whopping NFT Sales Worth Over $13 Billion
The Time When NFTs Came Under the Spotlight The majority in the digital asset industry still believe Non-Fungible Tokens (NFTs) first emerged in 2021. This assumption is entirely wrong and the truth is that NFTs existed since 2014 in some form or the other. This fact can be further proven by Google Trends (GT). Revisiting…
All You Need To Know About Bitcoin Halving
Introduction Bitcoin is the first ever decentralized blockchain in the world. Most people take Bitcoin for a simple online transaction program. However, Bitcoin was designed as an alternative to the centralized fiat currency system. Therefore, it contains several economic control features to ensure that it is a viable solution to replace the government-issued paperback as…
Russia Proposes Ban On Crypto Mining In Residential Areas
A suggestion has been put forward by advisers to the Kremlin about banning home crypto mining in Russia, or at least in some of its regions. The motive behind the said proposal is to ensure that fires do not erupt in residential buildings. The grid is under high load because of electricity consumption by amateur…
After Hack Of Harmony Bridge Attack, Hackers From North Korea Launder $27 Million
It was in the mid of 2022 when the exploiters from North Korea had gotten their hands on massive amounts of funds. The reports confirm that it was the Harmony Bridge that the hackers from North Korea had attacked back in June 2022. As a result, the hackers had successfully withdrawn a massive amount. The…
UAE Minister Suggests “Crypto Has A Crucial Role To Play In Country’s Trades”
Crypto Future in UAE UAE is renowned for being a global business hub. This part of the world is also very famous for its landscapes, skyscrapers, mega malls, and technology. UAE is a standalone country in the world that is at the forefront of adopting innovative technologies, without worrying about expenditures. It has a place…
Peter Schiff Hopes High For Gold And Bitcoin In 2023
Peter Schiff Positive about Bitcoin and Gold In 2023 Peter Schiff was recently seen analyzing targeted assets for the purposes of investment in 2023. He was primarily looking at the options where investments can reward high returns as well as turn out to be ‘real hedgers’. His analysis has led him to determine not one…
FTX Opposes New Bankruptcy Investigation Into SBF’s Connections
The US Department of Justice (DOJ) had submitted a request for conducting an independent investigation into the collapse of the once-dominant crypto exchange. This has resulted in an objection from FTX, which said that the DOJ was already doing a wide-ranging probe, including the family members of Sam Bankman-Fried, the co-founder of FTX. The objection…
Prolonged Crypto Winter Failed To Disrupt Industry Growth In Switzerland
Swiss Crypto Market an Exception It is true that the crypto economy has decreased alarmingly since the end of 2021 and that recession has taken over the industry. It is also true that the crypto winter season is prolonging beyond everybody’s expectations. Yet it is also true that crypto winter has seriously affected the industry’s…
Celsius Hinting At New Token Launch As Part Of Restructuring
Crypto lender Celsius Network might launch a new token, as it is mulling the idea of issuing a new one as part of its reorganization plans. According to a report, the crypto lender is exploring the idea because it wants to use the new token for raising funds that would help it in paying off…
Ethereum Users Aggrieved Of Exorbitant Gas Fees
Users Face Exorbitant Gas Fee after Ether’s Value Surge Back-to-back gains have substantially increased the value of Ethereum which is currently resting at $1,552. Though this is good for the Ethereum community, however, the value surge is also becoming a problem for Ethereum users. While accumulating gains and even managing to hit as high as…
Analysis Of Crypto Market Leaders: Bitcoin Takes Lead
Market Conditions Remain Green After succumbing to a small fall, on 17th January 2022 Bitcoin once again proceeded back over the price range of $21,000. The market leader’s performance in the past 7-days weeks is astonishing as the gains exceeded 23.24%. How could Ethereum lag behind when Bitcoin is making gains? Ethereum’s gains of over…