Over half of financial pyramids included cryptocurrency in 2022: Russian Bank Says
Scammers seem to have increased their activity at a time when Russia is encircled by Western sanctions. Many Russian fraudsters pretend to be approved by...
Tag : cryptocurrency
The largest NFT marketplace, OpenSea, reduces 20% of its staff
The CEO of the world’s largest NFT marketplace, OpenSea, Devin Finzer shared on Twitter that they were going to lay off about one fifth of...
Regulations to come in the UK after crypto market turmoil
The UK wants to create firm regulations regarding crypto, as said by the CEO of UK financial regulator, Nikhil Rathi. Cryptocurrency is one of the...
South Africa is getting cryptocurrency regulations after losing billions in scams
South Africa is planning to introduce regulations on cryptocurrency after it had initially denied any involvement in this matter. From now on, crypto is going...
Kazakhstan president signs law increasing crypto miners’ tax burden
Tax rates for cryptocurrency miners have been raised after President Kassym-Jomart Tokayev’s signing of a measure modifying Kazakhstan’s Tax Code. The fee will be calculated...
Worldwide crypto ATM installations fall 32%
During the year 2022, there was a decrease in the number of crypto ATMs throughout the world. Many crypto assets saw their value plummet as...
Lender Celsius Is Accused of Operating as a Ponzi Scheme
A former money manager for Celsius Network, a crypto lender whose assets were frozen last month, claims the company failed to hedge its risks and...
Binance can now operate in Spain with its Subsidiary
The Virtual Asset Services Provider (VASP) registration for Binance’s subsidiary has been granted by the Bank of Spain. Moon Tech Spain, the company’s subsidiary in...
CoinDCX and CoinSwitch are under the scrutiny of the ED, Bengaluru
According to sources, the Enforcement Department of Bengaluru has sent out notices to CoinDCX and CoinSwitch under suspicion of violating FEMA regulations. The two cryptocurrency...
Global crypto exchanges are shutting down operations or freezing funds
Several crypto exchanges all around the world have halted their deposit and withdrawal operations. Due to this, people are raising concerns over the safety of...