Visa & Mastercard to Halt New Crypto-Related Services
Visa and Mastercard intend to pause new crypto-related services. Visa stated they have a long way to go before crypto.In the wake of the crypto industry meltdown, the two largest…
Coinbase Introduces Crypto435 Community for Crypto Advocates
Coinbase introduced “Crypto435”, a pro-crypto policy campaign.Campaign aims to unite crypto believers who understand the potential of web3.Coinbase, the American cryptocurrency exchange platform has introduced “Crypto435”, a pro-crypto policy campaign.…
Binance Mints $130 Million Worth TUSD Stablecoins Amid BUSD Scrutiny
TUSD has risen to the position of fifth-biggest stablecoin by market cap.The BUSD stablecoin has been temporarily removed from Coinbase.Binance, the biggest cryptocurrency exchange in the world, has shifted its…
Former CEO of BitFlyer Proposes For IPO Once Reinstated
BitFlyer, located in Tokyo, has accumulated over 2.5 million users throughout the globe.Fumio Kishida has softened Japan’s severe attitude toward the crypto sector.According to reports, Yuzo Kano, co-founder of Japan’s…
SEC Issued Subpoena to Robinhood
Trading platform Robinhood received a subpoena from SEC. California Attorney General’s office also issued a subpoena to Robinhood.The leading trading platform, Robinhood Markets, revealed in its most recent 10-K filing…
Ava Labs CEO and Founder Criticizes Ex FTX CEO SBF
The firm declared bankruptcy since it did not have sufficient reserves of client funds.Sirer said he is kept up by the prospect of how far SBF pushed the industry back.The…
Russian Ransomware Projects Rebranded to Avoid Western Sanctions.
Rebranding and restructuring their operations allowed some ransomware syndicates to strengthen anonymity amid Western sanctions.Blockchain intelligence company TRM Labs revealed that some major Russian-linked ransomware syndicates rebranded their activities in…
BlueWallet Closing Lightning Network Node on Bitcoin Network
BlueWallet customers must withdraw their sats by April 30th. There are about 42 BTC ($1 million) available in the popular Lightning Network wallet.According to a formal announcement, BlueWallet is closing…
Crypto Industry Lost Over $650B After Two Major Scandals in 2022: BIS
The BIS found that retail investors bought the dip amid the bloodbath while the broader financial system remained generally unharmed.A recent report by the Bank of International Settlements (BIS) revealed…
Jack Dorsey’s Cash App Bitcoin Revenue Down 25% Over Previous Year
The company’s Cash App division earned $35 million in Bitcoin, down 25%.In 2022, Block’s annual gross profit was $1.66 billion, up 40% from the previous year.The revenue for Jack Dorsey’s…