News BTS
Coinbase on Tuesday called on US banking regulators to clarify or update their stance on banks offering crypto services and partnering with digital asset companies. The exchange aims to spur banks to partner with crypto companies, as these collaborations could accelerate…
Andean Medjedovic, a Canadian national, has been charged with defrauding DeFi protocols KyberSwap and Indexed Finance out of $65 million, a February 3 press release from the United States Attorney’s Office of the Eastern District of New York reveals. KyberSwap, Indexed…
More Seoul districts will seize and liquidate crypto from citizens who fail to pay their local taxes, as South Korea’s regions step up a nationwide crackdown. The South Korean media outlet EDaily reported that Gwanak, a district in Southern Seoul, will…
A representative of FTX creditors, Sunil, has confirmed that repayments for claims under $50,000 will begin at 10:00 a.m. Eastern Time on February 18, 2025. FTX Repayments: 18 Feb 2025 Funds available from 10am ETFTX Claims < $50k FTX Creditors in…
Hardware Registry’ /> Russia’s Energy Ministry has unveiled plans to create a national registry of crypto mining rigs and other related hardware. Per the Russian media outlet RBC and a post on the ministry’s official Telegram channel, the government wants to…
Cryptocurrency asset manager Grayscale recently stated that the Bitcoin mining industry is essential for maintaining the Bitcoin network’s transparency and long-term security. Although miners play a critical role in the growth of Bitcoin, a lot of risk and operational expenses are…
Indian cryptocurrency exchange WazirX warned on Tuesday that repayments related to the $234 million hack could be delayed—potentially until 2030—depending on the outcome of its restructuring scheme. In an X post, the company outlined two possible scenarios: one if the restructuring…
Crypto.com and prediction market Kalshi Inc. are under the scrutiny of the US Commodity Futures Trading Commission (CFTC). The regulator has questioned the companies whether their Super Bowl sports events contracts are compliant with derivatives regulations, Bloomberg reported. Last year, Crypto.com…
China has responded swiftly to new U.S. trade measures, imposing tariffs on a range of American imports just minutes after the latest U.S. levies took effect. At 12:01 a.m. ET (05:01 GMT) on Tuesday, a 10% tariff on all Chinese imports…
Cryptocurrency markets rebounded sharply on Monday as fears of an intensified U.S.-Mexico trade war eased following a diplomatic resolution. Bitcoin (BTC) briefly surged past $102,500, while Ethereum (ETH) climbed to $2,920, according to data from CoinMarketCap. As of now, the leading…
Web3 salaries ranked among the highest in the tech sector last year, as developers with expertise in decentralized application development commanded top-dollar paychecks. A recent report shows that in 2024, companies investing in blockchain and distributed ledger technology offered competitive salaries.…
During the early hours of Asian trading on Monday, crypto traders faced a brutal sell-off, triggering liquidations estimated between $8 and $10 billion. Bybit CEO Ben Zhou noted that data limitations obscure the full scale of the event, with some platforms…