Day: 22 March 2023

According to reports, up to 15% of the workers at the cryptocurrency custody service, Copper, could lose their jobs as the company streamlines its operations in the wake of challenging market conditions hurting the cryptocurrency industry. The crypto bear market is driving companies like Copper to curtail operations, which would ...

On March 21, 2023, Irina Dilkinska, a former executive at OneCoin, was charged by the Department of Justice (DOJ) with one count of wire fraud and one count of conspiracy to commit money laundering. Dilkinska was extradited from Bulgaria on March 20, 2023, and faces a maximum sentence of 20 ...

The crypto community has expressed displeasure about the latest economic report released by the White House.  The White House released its 2023 edition of 'Economic Report of the President' on March 20, 2023, containing the first discourse on digital assets in the report since its first publication in 1947. The ...

  Source: Coinmarketcap Ripple (XRP) is currently trading at $0.4487, indicating a 5% increase over the past 24 hours, amidst a 2% surge in the overall market. However, XRP experienced a decline of 2% in the last week and 1% over the last 30 days, although it has gained 9.5% ...

Since the emergence of Bitcoin in 2008, the blockchain industry has undergone significant changes that have transformed the entire ecosystem and financial markets. One such trend that has emerged is decentralized finance, or DeFi. DeFi represents a pivotal moment in the history of finance. The traditional finance industry has been ...

Bitget, a cryptocurrency exchange, announced that it had gained control of the decentralized BitKeep multi-chain wallet after investing $30 million in the project. The investment deal involves merging BitKeep Wallet with Bitget's commercial domain. This move will make it easier for the exchange to diversify its service offerings and enhance ...

U.S. Republican Senator Ted Cruz has introduced a bill to prevent the United States Federal Reserve from launching a central bank digital currency (CBDC) for direct-to-consumer use.  Cruz explained in a statement on March 21, 2023, that he introduced this bill to stop the Fed from creating a retail CBDC, ...

Russia-linked cryptocurrency exchange, Bitzlato, has partially restored user access to deposited funds. On March 20, the company announced that users could withdraw up to 50% of their assets that had been previously frozen due to enforcement actions  by both the United States and Europol. According to the announcement, Bitzlato users ...