Litecoin fails to overcome key resistance level despite hitting new milestones

Litecoin hits transaction and hash rate milestones, but investors are still sitting on the sidelines. LTC was stuck in limbo as demand slowed down amid weak sell pressure. Litecoin [LTC] concluded an interesting week during which it managed two major milestones. On 27 January, the network announced that it had facilitated slightly over 142 million […]

FTX Co-Founder Sam Bankman-Fried Seeks Removal of Bail Restrictions on Crypto Asset Transfers

Sam Bankman-Fried, the disgraced co-founder of FTX, is seeking access to crypto assets associated with FTX and Alameda Research, according to a letter written by his attorney, Mark Cohen. Cohen insists that the existing bail conditions “related to crypto asset transfers should be removed.” Bankman-Fried’s Legal Team Argues for Removal of 2 Bail Conditions In […]

Ethereum Poised For Growth In 2023: Experts Predict March Upgrade & Q4 Hot Spots

According to predictions from industry leaders, Ethereum is poised for growth in 2023. Cobo and F2pool Co-founder Discus Fish have stated that the Ethereum Foundation’s announcement that the Shanghai upgrade in March is set to happen on time is a strong stimulus for the industry.  Additionally, many L2 projects, particularly those based on ZK technology, […]

Fannie Redux? Home Loan Banks Are Bailing Out Crypto Banks

The crypto market seems to have priced in last year’s string of crypto company bankruptcies. But the crypto firms that survived will still be paying off bank loans to cover their positions for some time. Crypto prices continue to edge upward while the market bears and bulls regroup. Even the recent bankruptcy of Genesis hasn’t […]

Crypto and Blockchain Gaming sites and their Impact on Next Generation

The gaming industry is undergoing a rapid transformation as technology continues to advance at a rapid pace. This has led to an increase in the popularity and accessibility of digital gaming for players from all backgrounds. Amongst the digital gaming sectors that have seen a surge in popularity worldwide is that of crypto gambling sites. […]

Police Seize Nearly $2 Million in Crypto from New Zealand Drug Dealers

Crypto crime was a big deal in 2022, and while we’re only a few weeks into 2023, it looks like the trend is continuing after a criminal gang crackdown that resulted in close to $2 million in assets – some of which were crypto units – being seized by law enforcement officials. Crypto Crime Takes […]

Former FTX CEO SBF Urges Court For Access to Crypto Assets

Bankman-Fried resigned as CEO of FTX on November 11th, 2022. Mark Cohen, Bankman-Fried’s attorney wrote a letter to the court on January 28. A surprising development in the current FTX fraud case is that Sam Bankman-Fried’s (SBF’s) lawyers have urged that he should be given access to the assets and cryptocurrency held by his former […]

Sam Bankman-Fried seeks to access FTX funds

Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets.

US IRS wants everyone to declare if they engage in crypto

The Internal Revenue Service {IRS} recently published a list of reporting obligations for the general public regarding cryptos.

U.S Federal Reserve Rejects Custodia Bank’s Membership Application

Custodia, formerly known as Avanti Bank has been waiting almost 18 months. The Wyoming-based bank sued the Federal Reserve in June 2022. Custodia Bank’s application for membership in the Federal Reserve System was rejected by Federal Reserve Board in the United States. This was on the grounds that the bank’s “novel business model and proposed […]