In a bid to strengthen regulations and combat illicit activities, crypto exchanges in India are working on a proposed rule that would require senders to disclose the identities of the individuals behind private wallets receiving cryptocurrencies, according to a report […]
In its annual report published on 30th May, the Reserve Bank of India (RBI) has expressed its intention to expand the global narrative surrounding cryptocurrencies. The central bank aims to shift the discussion beyond financial stability and integrity concerns to […]
In just under six months, the number of Ordinals inscriptions on the Bitcoin network has exceeded 10 million, marking a significant milestone. Coinciding with this achievement, Casey Rodarmor, the creator of Ordinals, recently announced his departure as the project’s lead […]
In a surprising development, Russian lawmakers have decided to abandon their plans of creating a state-owned cryptocurrency exchange. Instead, they are now focusing on establishing regulations and guidelines for existing private enterprises operating in the cryptocurrency space, as reported by […]
In a recent court filing, bankrupt crypto lender Genesis Global Capital and exchange platform Gemini have requested the dismissal of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). The lawsuit claims that the two entities sold unregistered […]
Temasek, the prominent Singapore sovereign wealth fund managing approximately $300 billion in assets, has announced a reduction in compensation for its staff involved in the ill-fated FTX investment. The move comes after the collapse of the crypto exchange resulted in […]
In a noteworthy development, Cardano, the renowned blockchain platform, has experienced an astonishing surge of 91% in decentralized exchange (DEX) volume within the past week, as per data from DeFiLlama. The DEX volume on Cardano has reached an impressive $68.5 […]
In a significant development in the legal proceedings against Do Kwon, the founder of Terraform Labs, and Han Chong-joon, Kwon’s former chief financial officer, the high court in Montenegro has overturned the lower court’s decision and denied bail. This decision […]
In a recent address at The Wall Street Journal’s CEO Council Summit, renowned entrepreneur Elon Musk issued a cautionary note to investors, advising against going all-in on Dogecoin, the meme-based cryptocurrency that has gained significant attention in recent years. While […]
In a fierce battle between Coinbase, the largest cryptocurrency exchange in the United States, and the Securities and Exchange Commission (SEC), Coinbase has responded to the regulatory body’s refusal to provide guidance on crypto regulations following a petition. The exchange’s […]
