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China may have banned cryptocurrencies on its territory, but blockchain technology remains a key priority area for the government. Its global ambitions in this space are just taking off with…
Earlier this month, the crypto industry suffered a huge setback after Terra’s algorithmic stablecoin UST depegged from the US dollar and caused LUNA to lose 99.9% of its value. Shortly…
American video game retailer GameStop announced the launch of its digital asset wallet. Following the development, shares of GameStop (GME) rose by more than 2% premarket on Monday to $98.02.…
Despite reclaiming the $30,000 mark late last night, bitcoin still closed the weekly candle in the red. Thus, the cryptocurrency extended its negative streak to eight consecutive weeks. 8 in…
The President of the European Central Bank (ECB) – Christine Lagarde – reiterated her negative stance on cryptocurrencies, claiming they are “based on nothing” and should be strictly regulated. Nonetheless,…
As part of yet another phishing attack, the Twitter account of prominent digital artist Mike Winkelmann, also known as Beeple, was hacked to promote a crypto scam. “Stay safe out…
The Canadian rap star – Aubrey Drake Graham (better known as Drake) – placed a $234,000 worth of bitcoin bet on Ferrari’s driver Charles Leclerc to win the Spanish Grand…
India’s regulatory uncertainty for the crypto sector came into sharp focus at the ongoing World Economic Forum (WEF) Annual Meeting in Davos. In an interview with Reuters, CoinSwitch Kuber CEO…
The United States Commodity Futures Trading Commission (CFTC) has charged two U.S. residents and their entities for running a cryptocurrency investment scheme that defrauded over 170 investors. CFTC Charges Two…
The cataclysmic fall of the Terra ecosystem last week wiped nearly $40 billion off the cryptocurrency market, leaving UST and LUNA investors (both retail and investment firms) in severe losses.…