The Digital Currency Group (DCG), a strategic investor known for using its connections to generate profits for clients, is reportedly facing liquidity issues of its own. According to a report, the company has temporarily halted repayments until the problem...
CoolBitX, a blockchain security firm, has launched CoolWallet Hot, a Web3 wallet that allows cryptocurrency users to securely store their assets. This was announced in a press release on December 18. The company is known for providing a range...
Karl Sebastian Greenwood, a co-founder of OneCoin, has pleaded guilty to several charges brought by the U.S. Department of Justice (DOJ) and could face up to 60 years in prison. OneCoin was a fraudulent cryptocurrency scheme conducted by offshore...
An Israeli court has authorized the seizure of cryptocurrency assets in over 150 digital wallets flagged as potentially used for terrorism financing. According to a report, the Magistrate Court in Tel Aviv ruled to authorize the Israeli government to...
Despite his previous reservations about Bitcoin, former US President Donald Trump has entered the cryptocurrency industry with the release of a new NFT collection. In the spirit of the holiday season, Donald Trump released the NFT collection to thank...
Solicitors representing FTX, the bankrupt cryptocurrency exchange, have asked the Federal Court for permission to sell four of its subsidiaries. These subsidiaries include Embed Business, FTX Europe, Ledger X, and FTX Japan. This was revealed in a document filed...
The US Securities and Exchange Commission (SEC) has again denied Grayscale's application to launch a bitcoin exchange-traded fund (ETF). According to court records and a report from the Financial Times, the SEC cited concerns about fraud and manipulation as...
Mazars Group, the company responsible for auditing Binance and Crypto.com, has announced that it will suspend its work with cryptocurrency businesses. According to a spokesperson at Binance, Mazars has indicated that it will pause its work with all of...
In an effort to boost growth in the domestic finance and IT sectors, the Japanese government plans to streamline tax regulations for local cryptocurrency companies. Currently, these companies are required to pay a flat 30% corporate tax rate on...
Hong Kong Exchanges and Clearing Limited (HKEX) has announced the launch of two crypto asset ETFs today: CSOP Bitcoin Futures ETF (stock code: 3066) and CSOP Ether Futures ETF (stock code: 3068). This will be the first crypto asset...
