According to a report, the Hong Kong authorities have recently announced plans to issue a central bank digital currency (CBDC) as a stablecoin backed by the government. This move is seen as a significant step towards the adopting of...
Coinbase, a leading cryptocurrency exchange in the United States, has reached a settlement with the New York Department of Financial Services (DFS) for a total of $100 million. Under the settlement, Coinbase will pay a penalty of $50 million,...
On Tuesday, a Chinese court made a ruling that could have significant implications for the cryptocurrency and gaming industries. The court's decision stated that investments in Play-to-Earn (P2E) games, also known as "idle games," powered by cryptocurrency are not...
The Israeli Securities Authority (ISA) has proposed a framework for regulating digital assets, with over 150 digital asset companies operating in the country and local investors showing increased interest. The proposal suggests amending the country's laws to include digital...
According to recent reports in the local media, Iranian courts have ordered the government to return thousands of seized cryptocurrency mining machines. Over the previous two years, Iranian officials have seized a lot of cryptocurrency mining equipment, attributing the...
According to a report, Indonesia will establish a cryptocurrency exchange in 2023 prior to revising the laws governing cryptocurrencies. The platform is scheduled to launch before the transfer of regulatory jurisdiction from the Commodity Futures Trading Regulatory Agency (Bappebti)...
Centralized exchanges (CEXs) have seen a significant decline in trading volume, with reports indicating a 46% drop throughout 2022. Despite this trend, Binance emerged as the clear leader, with a 66.7% market share in December, up from 48.7% at...
Recently, YouTube journalist Coffeezilla has caused quite a stir with the release of a series of videos in which he accuses YouTuber and boxer Logan Paul of engaging in fraudulent activities through his NFT game "Crypto Zoo." In the...
Last month, BTC.com, a prominent cryptocurrency mining pool, suffered a cyberattack that resulted in a significant loss of both company and user funds. However, new information has recently come to light regarding the whereabouts of the stolen assets. According...
Convex Finance, a leading player in the decentralized finance (DeFi) industry, has announced major updates to its staking system on the Curve protocol. The changes, which will be implemented on the Convex and Curve token derivative system (cvxCRV), will...
