Day: 9 March 2023

Gate Group, a cryptocurrency industry pioneer best known for its crypto exchange Gate.io, has announced plans to launch the Gate Visa debit card. The main objective of this move is to simplify cryptocurrency transactions for users in real-world transactions. According to reports, the newly introduced Gate Visa debit card will ...

Mt. Gox crypto exchange has extended the deadline for creditors to register claims by one month. According to a notice released by the exchange, the deadline has been moved from March 10 to April 6 to give creditors more time to submit their claims. Furthermore, the previously scheduled September 30 ...

According to court documents filed on Wednesday, March 8, 2023, Alameda Research, the investment branch of FTX, has reportedly signed an agreement to sell its equity in Sequoia Capital to Abu Dhabi's sovereign wealth fund for $45 million.  This sale is part of the insolvent company's efforts to sell its ...

Six executives of AirBit Club, a fake cryptocurrency mining and trading business, have confessed to participating in a crypto Ponzi scheme that generated around $100 million in five years.  The executives, including co-founder Pablo Renato Rodriguez, have been charged with several fraud and money laundering offences. Senior AirBit Club promoters ...

On March 9, 2023, the Biden administration will release its fiscal 2024 budget proposal. The proposal aims to reduce the federal budget deficit by $3 trillion over the next decade and includes plans to modify how cryptocurrency is taxed, with the goal of raising approximately $24 billion. The administration claims ...