Bancor Proposes Burning of 1 Million BNT as a Trial to Boost Price

Bancor Proposes Burning of 1 Million BNT as a Trial to Boost Price

If the move transpires desired results, proposals with new burn amounts will be rolled out in the future. 

Sam Bankman-Fried Plans to Bid for Celsius Assets: Report

Sam Bankman-Fried Plans to Bid for Celsius Assets: Report

CEL pumped briefly after the news to a multi-week high, but retraced just as sharply along with the rest of the market.

Russia to Launch CBDC Soon, Focusing on Mutual Settlements With China: Report

Russia to Launch CBDC Soon, Focusing on Mutual Settlements With China: Report

Russia has been doubling down on crypto usage to overcome the odds arising out of Western sanctions after the Ukraine invasion. 

China Cracks Down a $5.6 Billion Crypto Money-Laundering Scheme (Report)

China Cracks Down a $5.6 Billion Crypto Money-Laundering Scheme (Report)

The Hengyang police arrested 93 individuals for using cryptocurrencies on money-laundering activities.

Binance Launches Training Program For Law Enforcement Agencies

Binance Launches Training Program For Law Enforcement Agencies

Binance announced the official launch of its "Global Law Enforcement Training Program," to collaborate with agencies on a global scale.

FTX US President Brett Harrison Steps Down

FTX US President Brett Harrison Steps Down

This is the latest crypto executive resignation in the past several months.

IRS Goes After Crypto Broker for Transaction Data in Latest Tax Chase 

IRS Goes After Crypto Broker for Transaction Data in Latest Tax Chase 

If things weren’t gloomy enough for the digital asset industry, American crypto investors have now been targeted by the nation’s tax department.

Bitcoin Trading Volume Explodes Against British Pound as Currency Weakens

Bitcoin Trading Volume Explodes Against British Pound as Currency Weakens

Market data shows that U.K investors may be turning to Bitcoin as their currency falls relative to the dollar. 

Bitcoin Miners Still Use 62% Fossil Fuels: Research

Bitcoin Miners Still Use 62% Fossil Fuels: Research

The research found that coal remains the highest single power source for Bitcoin miners. 

Fed Chairman Confirms That A U.S. CBDC Would “Not Be Anonymous”

Fed Chairman Confirms That A U.S. CBDC Would “Not Be Anonymous”

A hypothetical CBDC would include privacy protection, but also verify users’ identities, according to Jerome Powell. 

Revolut Greenlighted to Provide Crypto Services in the UK

Revolut Greenlighted to Provide Crypto Services in the UK

The UK's Financial Conduct Authority added Revolut to its crypto asset firm register.

CEO of Struggling Crypto Lender Celsius Tenders Resignation Letter

CEO of Struggling Crypto Lender Celsius Tenders Resignation Letter

Despite his resignation as CEO, Mashinsky will maintain his director position at the struggling crypto lender.

Bitcoin Heading Towards Full Detox of Speculative Interest: Glassnode

Bitcoin Heading Towards Full Detox of Speculative Interest: Glassnode

The network activity of the world's largest cryptocurrency continues to remain a barren wasteland. 

$160M Wintermute Security Exploit Could Have Been an Insider Job: Report

$160M Wintermute Security Exploit Could Have Been an Insider Job: Report

Wintermute is yet to refute the astonishing claims made by the on-chain analyst.

Terra’s Do Kwon Claims He Is Not Hiding Again, Even After Interpol’s Red Notice

Terra’s Do Kwon Claims He Is Not Hiding Again, Even After Interpol’s Red Notice

Do Kwon denied the rumours that he is hiding, saying people could see him going on walks and visiting shopping malls.

California Regulators Order Nexo to Stop Crypto Interest Accounts

California Regulators Order Nexo to Stop Crypto Interest Accounts

Although Nexo had to officially halt the service, the watchdog claims there were loopholes.

FTX Wins Auction for Voyager Digital Assets Worth Over $1 Billion

FTX Wins Auction for Voyager Digital Assets Worth Over $1 Billion

The hefty price tag is composed of the estimated market value of Voyager’s assets plus $111 million in incremental value.

Acala Resumes Operations After Printing Over $3B in Stablecoins by Mistake

Acala Resumes Operations After Printing Over $3B in Stablecoins by Mistake

Acala developers almost killed their own project by mistake, now they are reviving it with the help of the community.

Australia Released an Official White Paper of its CBDC

Australia Released an Official White Paper of its CBDC

Australia's central bank partnered with the DFCRC to introduce a White Paper of its CBDC.

YouTube Channel of South Korean Government Hacked in an Elon Musk-Crypto Scam (Report)

YouTube Channel of South Korean Government Hacked in an Elon Musk-Crypto Scam (Report)

South Korean YouTube channels with millions of subscribers have reportedly drawn the attention of cryptocurrency scammers.

Edward Snowden Granted Citizenship in Russia by Vladimir Putin

Edward Snowden Granted Citizenship in Russia by Vladimir Putin

Snowden will not be eligible for the war draft, according to his lawyer. 

GBTC Reaches All-Time Low Discount of -35%

GBTC Reaches All-Time Low Discount of -35%

The discrepancy between Grayscale’s Bitcoin value and share value has never been higher. 

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