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In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over…
The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to…
Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With…
The attorneys representing co-founder of Terra Do Kwon and Terra executive Han Chang-joon proposed that they be put under house arrest upon posting bail of 400,000 euros each, approximately $436,000,...
The state of Texas has made a historic move by voting on an amendment that includes the possession, retainment and utilization of cryptocurrencies in its state Bill of Rights, signaling...
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean,…
Sam Bankman-Fried (SBF), the former CEO and founder of collapsed crypto exchange FTX and research group Alamada Research, seeks to have 10 criminal charges dropped because rather than wait for...
South Korean authorities have frozen around $2 billion worth of assets tied to Do Kwon, the CEO of blockchain firm Terraform Labs, as they continue their investigation into the catastrophic...
The European Commission is making progress toward an EU-wide agreement, called the Directive on Administrative Cooperation (DAC8), to curb tax evasion and better track crypto transactions within EU borders. Building...
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion…