Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation.On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the ...
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Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement.While the support from...
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In a 158-page document, the team behind Little Shapes alleged that NFT scammers utilized bot networks to rug-pull “$200 million+ out of the ecosystem.”Atto, the pseudonymous founder behind Little Shapes NFT, has revea...
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Nirmala Sitharaman hopes that finance ministers and central bank governors can agree on crypto regulations at the G20 meeting in Bengaluru later this month.In a recent television interview, India’s Finance Minister, Nir...
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Crypto execs suggested that the "extremely challenging" times forced them to cut jobs in order to “weather this extended" crypto winter.Several crypto firms have made job cuts this week amid the ongoing crypto winter, r...
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The seized property included a Bored Ape Yacht Club and Doodles NFT, 85.6 Ether and a flashy Audemars Piguet watch which ultimately helped ZachXBT identify the alleged scammer.The Federal Bureau of Investigation (FBI) h...
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Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform.Blockchain projects ...
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Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX's.Emergent Fidelity Technologies, a Sam Ban...
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Once a highly touted exchange, tZERO facilitates securities offerings, some of which are blockchain tokens.The tZERO Crypto exchange, whose majority owner is Overstock, will shut down on March 6, the company announced via...
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"I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam.Rostin Behnam, chair of the United States Commodity Futures Trading Commission, or CFTC, has said he wi...
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DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion.Welcome to Finance Redefined, your weekly dose of essential ...
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ATOM gained 50% in January and while the wider crypto market could remain bullish for some time, does the Cosmos ecosystem have strong enough fundamentals to support further upside?In September 2022, Interchain Foundation...
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The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment.The National Bank of Kazakhstan (NBK) has launched a digita...
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Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent.Bitcoin’s (BTC) rally in 2023 has been ...
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The “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets” hearing will come two months after senators met to discuss the collapse of FTX.United States lawmakers with the Senate Banking Committ...
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Bitcoin’s bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management....
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The fund manager’s crypto portfolio has booked a loss in three of the past four quarters, according to recent financial statements.United States fund manager WisdomTree saw the value of its digital asset holdings dec...
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Bitcoin buyers may get a chance to “load up” below $22,000 on the back of employment statistics.Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh Un...
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DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said.Russia’s largest bank, Sberbank, is moving forward with the plan to launch ...
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According to the announcement, WazirX has until the end of the day UTC on Feb. 3 to withdraw all remaining funds it stores in Binance wallets.The debacle between the global cryptocurrency exchange Binance and Zanmai, the ...
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There may be no single reason for BTC’s 39% January price gain, but some suspect institutional investors. Can their impact be quantified, though?Bitcoin experienced the second-strongest January in its history — and t...
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Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value.An economic bubble is a time of fast economic expansion that ...
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The national regulators identified four major products in the crypto sector.Following the global regulatory race, Australia opened the public consultation on its own taxonomy of crypto assets. The national regulators prop...
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The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines.Crypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDI...
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With the new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi.Major cryptocurrency exchange Binance is coming back to South Korea with a new acquisition of the ...
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Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed’s rate hike and market commentary fades.Bitcoin (BTC) headed toward $23,000 on Fe...
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The billionaire has historically gone back and forth between having positive and negative sentiments around Bitcoin.While billionaire Ray Dalio believes that fiat is in jeopardy, he also thinks that neither Bitcoin (...
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Scammers have been trying to trick customers by offering them the prospective return of their assets.Bankrupt crypto exchange FTX has acknowledged a recent spate of third-party scams and frauds aimed at swindling its alre...
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Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so.Bitcoin Ordinals cause fees to spikeThe Bitcoin (...
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A company spokesman says the second-biggest publicly listed holder of BTC wants to have a “war chest” of liquidity composed of both cash and Bitcoin.The second largest publicly-listed holder of Bitcoin, crypto mining ...
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