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Coinbase Cleared of Legal Trouble as US Judge Dismisses Customer Lawsuit

Mridul SrivastavaFebruary 3, 2023

by Mridul SrivastavaFebruary 3, 20230

Coinbase, a leading cryptocurrency exchange, has been cleared of legal trouble after U.S. District Judge Paul Engelmayer dismissed a customer lawsuit with prejudice. Legal action was...

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Ban on Sam Bankman-Fried Communication: No More Encrypted Messages with FTX Employees

Mridul SrivastavaFebruary 2, 2023February 2, 2023

by Mridul SrivastavaFebruary 2, 2023February 2, 20230

Sam Bankman-Fried, a prominent and controversial figure in the cryptocurrency industry, has been banned from contacting employees of the popular crypto exchange FTX and Alameda,...

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South Korea Takes Tough Stance on Crypto Regulation

Mridul SrivastavaJanuary 31, 2023

by Mridul SrivastavaJanuary 31, 20230

The South Korean Ministry of Justice has placed the establishment of a Virtual Currency Tracking System high on its priority list for 2023. This system...

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NFT Collector Sues OpenSea Following a Phishing Scam

Mridul SrivastavaJanuary 30, 2023January 30, 2023

by Mridul SrivastavaJanuary 30, 2023January 30, 20230

In a move that has shocked the NFT world, Robbie Acres, an avid NFT collector, has taken legal action against OpenSea NFT Marketplace for keeping...

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Amid Challenging Market Conditions, CoinTracker Cuts around 20% of its Workforce

Mridul SrivastavaJanuary 28, 2023

by Mridul SrivastavaJanuary 28, 20230

CoinTracker, a cryptocurrency tax reporting platform, has recently come under fire after The Block reported that they had fired 20% of employees via internal emails....

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Bitcoin Drops for the Second Consecutive Day in 2023

Mridul SrivastavaJanuary 27, 2023

by Mridul SrivastavaJanuary 27, 20230

After a significant drop in 2022, the biggest cryptocurrency in the world, Bitcoin, enjoyed an incredible start to 2023. With 15 straight days of gains,...

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Tesla took a $34 Million Impairment Charge on its Bitcoin Holdings in Q4 of 2022: Reports

Mridul SrivastavaJanuary 27, 2023January 27, 2023

by Mridul SrivastavaJanuary 27, 2023January 27, 20230

According to data from the EV maker’s most recent earnings report, Tesla incurred a $34 million impairment charge on its bitcoin holdings in the most...

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Now Experience Cryptocurrency Safely with New York’s Friendly Guidance on Custodial Structures!

Mridul SrivastavaJanuary 26, 2023

by Mridul SrivastavaJanuary 26, 20230

The New York Department of Financial Services (DFS) issued non-binding yet persuasive guidance on January 23, 2023, to safeguard virtual currency customers in the event...

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Chinese Blockchain Firm Announces Cross-Border CBDC Payment System

Mridul SrivastavaJanuary 24, 2023

by Mridul SrivastavaJanuary 24, 20230

A new digital payment system has been launched by a Hong Kong-based blockchain business Red Date technology with the goal of bridging the stablecoin and...

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Crypto Chaos: Can Bitcoin Be the New Trade Currency Between Brazil and Argentina?

Mridul SrivastavaJanuary 23, 2023

by Mridul SrivastavaJanuary 23, 20230

Brazil and Argentina might just be experiencing their most liberating moment yet, as experts suggest Bitcoin could provide the perfect long-term remedy for their over-dependence...