There has been a decline of 10.66% in the market capitalization of the top stablecoins from $171.37 billion to $153.09 billion, after the fiasco of the Terra stablecoin back in May. The last two months have recorded very little growth in the market capitalization of the leading stablecoins, as they have stayed close to the … Read more
Based in Beijing, a Chinese intermediate court recently upheld a ruling issued by a lower court that had determined that crypto is a virtual property, which means it is protected by the law. According to the court, it should be noted that only the circulation of virtual currency has been forbidden by the Bank of … Read more
A Russian official disclosed that the upcoming digital ruble of Russia would be made available to foreign nationals via entry points that provide them anonymity. The purpose of this idea is to provide protection to these investors against the Western sanctions that have been imposed on Moscow. Anonymous digital ruble purchases On Tuesday, Vladimir Gutenev, … Read more
The renowned author of the book Rich Dad, Poor Dad recently talked about cryptocurrency, urging people to invest in the market right now. According to Robert Kiyosaki, the biggest economic crash in the history of the world is coming, so it is the best time for people to get into the crypto market. Big crash … Read more
In the past two years, many countries have sought advancements and growth in the crypto-blockchain sector. Although some countries continue despising and rejecting cryptocurrencies, the majority have realized the importance of their adoption. This is the reason why the cryptocurrency industry has been advancing on a global level. Seeing the potential of blockchain technology, many … Read more
The CVM, the securities watchdog in Brazil, recently demanded that the crypto bill, which is slated for discussion in Congress be changed. The current document reportedly has a loophole that the organization wishes to correct, as it would mean that some tokens are not treated as securities like carbon credits and tokenized physical items. The … Read more
A lawsuit worth $258 billion had been filed against Elon Musk, Spacex, and Tesla for the promotion of Dogecoin. It appears that the lawsuit has now expanded, as new DOGE investors and defendants have also joined in. According to the plaintiffs, the meme token i.e. Dogecoin is just another Ponzi scheme and claims that Musk … Read more
Alexander Vinnik, a Russian IT specialist, had recently been extradited to the United States. A lawyer representing the alleged crypto launderer reached out to the government in Moscow. The attorney urged it to talk about a potential prisoner exchange with the US. The French legal expert believes that Vinnik can only be saved if he … Read more
Bitcoin’s (BTC) price may experience a great dip in the upcoming days which may see its value drop by 50%. The latest prediction surrounding Bitcoin suggests that the largest cryptocurrency may record a 50% dip compared to its current trading price. Fear Grows for Bitcoin Winter With every passing day, the situation has been getting … Read more
On Thursday, Chainalysis made an official announcement in regards to providing their support to law enforcement in dealing with a hacking case. Chainalysis Helped Recover $30 Million Chainalysis announced they were recently asked by the law enforcement authorities to provide their support in investigating a hack. They did comply with the request made by the … Read more
