Indian Regulatory Measures Cause Exchanges to Relocate to More Crypto-Friendly Countries
India has been one of the top nations cracking down on cryptocurrencies and digital assets in recent years.
Cryptocurrencies
ByBit and KuCoin Have Been Fined by the Ontario Securities Commission
Two cryptocurrency exchanges, Bybit and KuCoin, have been hit with enforcement measures by a leading financial regulator in Canada. The actions were taken because…
South Korea Prohibits Terraforms Developers from Leaving the Country
Prosecutors in South Korea have put a travel ban on former Terra developers in order to prevent them from fleeing the country while investigations…
Future BSP Governor Says Cryptocurrencies Are Based On “The Greater Fool Theory”
The economist Felipe M. Medalla, who is in line to become the next governor of the central bank of the Philippines, has said that…
According to the Bank of Israel, Smart Contracts Should be Supervised
After nearly a year of digital shekel CBDC study, experts at the Bank of Israel advised that the so-called smart contracts that enable automatically…
FTX CEO blames Fed Reserve for the Bear Market
The slump in the crypto market is being pushed by the aggressive rate hikes implemented by the US Federal Reserve to combat growing inflation,…
Bitcoin Recovers 10% in the Last 24h and Touches 20k Again
After a negative path that saw Bitcoin price drop significantly below the $20,000 support zone, drop over 10% and even drop below the $18,000…
Three Arrows Fails to Fulfill Margin Requirements from Lenders
Three Arrows Capital (3AC), a Singapore-based crypto hedge fund, has allegedly failed to fulfill margin calls from its lenders, increasing the specter of bankruptcy…
Crypto Lender Celsius Network is Under Investigation by Securities Regulators in Five States
Liquidity issues at crypto lending platform Celsius Network, which has left its over 1.7 million users unable to recover their holdings, could intensify regulatory…
The Crypto Market Stabilizes, Have We Hit the Floor?
Even in the middle of the global market fall this week after crypto lender Celsius blocked customer withdrawals and many other occurrences, bitcoin rebounded…
Delo, BitMEX Co-Founder Sentenced To 30 months Probation, Avoids Jail Time
Benjamin Delo, a co-founder of BitMEX, was sentenced to 30 months of probation for breaking US anti-money laundering laws by operating the offshore cryptocurrency…