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In a decisive move against fraudulent crypto trading platforms, Hong Kong’s Securities and Futures Commission (SFC) has declared its intent to publish a list of suspicious virtual asset trading platforms (VATPs). This announcement follows closely on the heels of the
The crypto community is wallowing in the misery of a protracted bear market so bad that some are calling it the ‘worst’ in history. Bitcoin peaked at $69,044.77 on Nov. 10, 2021, and remains 60% down from its all-time high,
According to a recent report, the SEC is facing scrutiny from legal experts over its management of digital assets, particularly evident in the ongoing Ripple XRP case. A pro-crypto attorney, John Deaton, has voiced notable apprehensions about the agency’s mission,
Following a security breach that removed $1 million from its funds, the decentralized futures trading platform Cypher has unveiled its comprehensive recovery strategy. Operating on the Solana blockchain, the platform faced severe scrutiny after it paused its smart contract, promptly
In a case highlighting the pitfalls of the booming Non-Fungible Token (NFT) market, Nathaniel Chastain, the former Head of Product for leading NFT platform OpenSea, faced stern repercussions for leveraging insider information to his advantage. According to a report from
The United States Securities and Exchange Commission (SEC) recently moved significantly in the crypto space, announcing an agreement with crypto trading platform Bittrex and its co-founder and former CEO, William Shihara. The SEC accused Bittrex and Shihara of operating an
The XRP community, which recently rejoiced over a decision in the ongoing Ripple versus SEC case, may need to prepare for a fresh round of legal battles. Judge Jed Rakoff of the Southern District of New York issued an order
The recent move by the Russian Federal Assembly, notably the State Duma, propelling the digital ruble bill into law is an undeniable step toward a digital financial revolution. The bill passed through the lower chamber successfully, and now, with President
Kuwait, the Gulf state, has issued an absolute ban on all activities involving cryptocurrencies, such as Bitcoin, Ethereum, and Dogecoin, through several regulators. The announcement, made by Kuwait’s principal financial regulator, the Capital Markets Authority (CMA), on July 18, casts
Nepal has never been a friend of cryptocurrency and is not likely to become one in the near future. The Nepal government has again ordered internet service providers (IPS) to block access to crypto websites and mobile applications. Also read:
On December 29th, Houbi Global made an announcement regarding the listing of the mobile phone-centric PI Network on its exchange. However, PI Network says that this was done “without consent” and issued a statement to that effect on Saturday. PI
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