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December 12, 2023
FTT-crypto-exchange

IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX

FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.   The bankrupt cryptocurrency exchange FTX […]
December 12, 2023
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FIFA launches NFT collection amid 2023 Club World Cup

FIFA NFTs, minted on Algorand, have totaled only $2.4 million in trading volume since their inception last September.   The Fédération Internationale de Football Association (FIFA), […]
December 12, 2023
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El Salvador’s Bitcoin bond gets regulatory approval, targets Q1 launch

The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1 2024.   El Salvador is poised to […]
December 12, 2023
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Dubai awards conditional crypto license to climate-friendly Web3 firm

AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture.   The Virtual Assets Regulatory Authority […]
December 12, 2023
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Blockchain gaming market in North America is projected to reach $600B by 2030 — Report

The current market is growing at a 21.8% CAGR, according to a report from Fortune researchers.   According to a report from Fortune Business Insights released […]
December 12, 2023
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Bitcoin dev denies adding inscriptions to National Vulnerability Database

Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a […]
December 12, 2023
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Avalanche was ‘undervalued’ before posting 79% weekly gain – Analysts

AVAX surged while other tokens plunged, with analysts pegging its outperformance on being relatively undervalued while forging new partnerships with JPMorgan and Citi.   Avalanche (AVAX), […]
December 11, 2023
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South Korea excludes NFTs, CBDCs from crypto interest mandate

Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits.   The Financial Services Commission (FSC) of […]
December 11, 2023
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Solana memecoin Bonk flips Pepe following 370% monthly gain

The dog-themed token has surged to become the third-largest memecoin overall.   The Solana-based dog-themed memecoin, Bonk (BONK), has recently made a significant leap in the […]
December 11, 2023
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Nvidia plans Vietnam expansion for AI development

Nvidia CEO said the company has plans to expand its partnership in Vietnam and potentially set up a base to attract local talent in the AI […]
November 7, 2019

EU Contemplating Launching Digital Currency Following ‘Libra’ Pressure

Thanks to the pressure being exerted by Facebook’s proposed cryptocurrency Libra, the European Union is reportedly considering the development of a digital currency. A draft document […]
November 7, 2019

Hong Kong to Lay Down Regulatory Framework for Cryptocurrency Exchanges

The Securities and Futures Commission (SFC), Hong Kong’s securities watchdog, will soon lay down a regulatory framework for cryptocurrency exchanges in the region. With the introduction […]
November 6, 2019

Five EU Members Team Up to Block Facebook’s Libra

The European Union has taken no efforts to hide their (EU) opposition against Facebook’s Libra.  Ever since Facebook CEO Zuckerberg announced the decision to launch Libra […]
November 4, 2019

London-based Cryptocurrency Exchange Luno Gets Approval From Malaysian Regulator

The London-based cryptocurrency exchange Luno has recently received approval from the Malaysian Securities Commission (SC) to operate as a recognized market operator (digital asset exchange). Luno […]
November 3, 2019

UK Economy Could Be Dealt Blow If It Fails to Encourage Crypto Innovation: Experts

The UK’s economy, which has lately been slowing, in addition to being heavily weighed down by Brexit, will be dealt a big blow if the government […]
November 2, 2019

South Korean Presidential Committee Urges Government to Legalize Cryptocurrency

The South Korean Presidential Committee on the Fourth Industrial Revolution (PCFIR) committee is pushing for the Korean government to establish legal status for cryptocurrency to stay […]
November 2, 2019

Bakkt to Launch Cryptocurrency Consumer App

The US-based Bakkt Bitcoin and cryptocurrency platform will soon launch a consumer app to help retail customers transact with cryptocurrencies. Interestingly, Starbucks will be Bakkt’s first […]
October 31, 2019

China Passes New ‘Crypto Law’

China’s Congress has just passed a ‘cryptography law’ that will be effective from January 1, 2020. The new law is aimed at securing products, technologies or […]
October 27, 2019

US May Lose Financial Leadership to China Unless it Supports Libra: Mark Zuckerberg to US Congress

Facebook CEO Mark Zuckerberg has said that the US may lose its financial leadership unless it permits financial technology innovation and supports its proposed cryptocurrency project Libra. […]

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