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Do Kwon, a notorious crypto entrepreneur, has been detained. His lawyers are asking for his release on bail of $436,800. Do Kwon had previously stated that he was “not on…

Binance, the world’s largest cryptocurrency exchange, has spoken out against the US crypto crackdown. Binance is looking to the UK for oversight instead. It is becoming increasingly difficult for Binance…

The European Union has created the world’s first comprehensive rules for cryptoasset markets (MiCA). Other countries such as Britain and the United States are lagging behind. Crypto companies are calling…

Ishan Wahi, 32, pleaded guilty in February to two counts of conspiracy to commit wire fraud. US District Judge Loretta Preska sentenced Wahi in Manhattan federal court.

Social media giant Meta has shifted its focus to metaverse technologies since 2021. Metaverse is expected to eventually replace mobile as the main computing platform. A study forecasts that Metaverse…

Sam Bankman-Fried, founder of FTX, has asked the court to dismiss charges against him. In a filing in Manhattan federal court, Bankman-Fried’s lawyers argued that many cryptocurrency exchanges collapsed during…

Mastercard, PayPal, and Robinhood are diving deeper into crypto. Major financial institutions are rolling out new crypto products and services. The goal is to make the crypto space more accessible.

It may seem like institutional investors have lost interest in crypto, but their interest may be developing. This is according to Elliot Han of Cantor Fitzgerald.

Binance temporarily halted Bitcoin withdrawals due to high volumes and increased processing fees. Bitcoin withdrawals have now resumed, but at a higher cost.

Brian Armstrong, Coinbase’s CEO, said the SEC is on a “lone crusade” with Chair Gary Gensler taking a “more anti-crypto view.” Armstrong suggested that Coinbase may relocate due to the…

Coinbase has reduced its losses through cost cuts and increased revenue sources. The company has seen an increase in subscription and services revenue due to a deal with One River…

Alibaba Cloud and Avalanche partner to deploy metaverses on the blockchain. The partnership will provide Alibaba’s clients with a launchpad to help businesses launch their own metaverse spaces on Avalanche’s…

Israel seized Binance crypto accounts to prevent Islamic State. Reuters conducted investigations last year and revealed that Binance had weak anti-money laundering controls. Since 2017, Binance has processed over $10…

According to Northern Trust’s Justin Chapman, institutional investors lost interest in crypto after 2022. Their appetite for crypto has not returned yet.

Nathaniel Chastain, a former OpenSea manager, was convicted of insider trading with NFTs. He was accused of buying NFTs he had decided to feature on the OpenSea website, and then…

RBI suggests Central Bank Digital Currencies (CBDCs) are more energy-efficient than cryptocurrencies. Estimates indicate that non-Proof of Work permissioned networks are significantly more energy efficient than current credit card processing…