Asia cryptocurrency markets are seeing a strong revival once again as the South Korean crypto exchange Upbit now occupies a spot along the top five global exchanges. Recent market reports suggest that the Korean Won has displaced the USD as the most-used fiat currency for swapping in and out of BTC and other digital assets. […]

The top crypto prices today crashed again as the Bitcoin (BTC) price fell to the $67,000 level. In addition, the Ethereum (ETH) price dropped below the $3,200 mark. Moreover, other top altcoins, such as XRP, Solana (SOL), and Cardano (ADA) witnessed a significant loss. Major Crypto Prices Today 1. Bitcoin Price The Bitcoin price was […]

Graham Rodford, CEO and Co-Founder of Archax, has spoken on the X platform to provide clarity on BlackRock and the tokenization of funds on the Hedera blockchain. In the course of the price spike of Hedera’s (HBAR) token that followed the announcement of tokenization of the ICS US Treasury Fund by BlackRock, doubts arose regarding […]

TikTok CEO Shou Zi Chew has assured the users of the application that the company will fight and overcome the US ban. According to Reuters,  the CEO stated that the social media business anticipates winning a legal battle to overturn a bill that President Joe Biden signed into law. The current ban would outlaw the […]

Changpeng “CZ” Zhao, former CEO of Binance, faces the possibility of incarceration at the Federal Detention Center (FDC) SeaTac in Washington. This follows his guilty plea to charges of violating money laundering laws. Notably, FDC SeaTac has also housed notable individuals such as a Proud Boys member and ‘crypto-anarchist’ Jim Bell. Robert Palmquist had been […]

Federal prosecutors have accused the founders of Samourai Wallet, Keonne Rodriguez and William Lonergan Hill of conspiracy to commit money laundering and operating of an unlicensed money transmitting business. According to the Department of Justice, their cryptocurrency mixing service processed over $2 billion in illegal transactions and enabled several money launderings but notably the laundering […]

The European Parliament has passed a new rule to combat the violation of Anti-money Laundering (AML) regulations and incidents of terrorist financing. EU Sets U Agency to Monitor AML Regulation To oversee and supervise the implementation of the new rule, a new agency called the Authority for Anti-Money Laundering and Countering the Financing of Terrorism […]

Tech giant Meta’s AI spending spree has hurt investors’ sentiments despite good quarterly results. The shares of the company took a downward turn despite having reported a robust result. Financial Times reports that the firm also raised its capex guidance, giving a hit to investor sentiments. Meta’s AI Spending Spree Sends Shares Down According to […]

United States President Joe Biden has proposed to raise capital gains tax to about 44.6%, marking the highest formal federal capital tax in history. Capital Gains Tax To Create Income Balance Per a Forbes report, this proposal was added to Biden’s budget proposal for the 2025 fiscal year. A footnote from the General Explanations of […]

Vitalik Buterin, a co-founder of Ethereum, has addressed vital issues around ZKasino fraud. He also addressed the incorrect use of the term “Zero-knowledge” (ZK) in connection with a major fraud. The scandal involved about $33 million worth of Ethereum (ETH) lost to the platform’s fraudulent actions. ZKasino Accused of Misusing Ethereum in Lido ZKasino claimed […]