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A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3. The legal action claims that Coinbase deliberately sold securities that are unregistered with…
Paolo Ardoino, the chief technology officer of Bitfinex, has dismissed claims that Bitfinex has been breached as “pure FUD [fear, uncertainty and doubt].” A report by Shinoji Research suggested that…
Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has classified cryptocurrency trading as…
The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South…
Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative…
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that a crash has begun, highlighting its severity. The famous author also shared his crash survival rules. He urged investors to…
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit…
According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission…
In the wake of the U.S. intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has issued a…
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based…