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Crypto News
Russians hold 12% of all cryptocurrency assets in the world
According to a new report on the condition of the cryptocurrency industry in Russia, Russians currently own digital assets worth $215 billion, accounting for 12% of…
Grayscale and Bloomberg Launch First Equity Crypto ETF
Grayscale Investments, the world's largest digital asset manager, has launched its first exchange-traded fund (ETF). It will be known as the Grayscale Future of…
El Salvador said “no” to the IMF. Bitcoin will remain legal tender in the…
El Salvador has rejected the International Monetary Fund's (IMF) advice to abandon bitcoin as a form of payment. "No foreign organization would force us to do…
India imposed heavy taxes on cryptocurrencies
India's financial year 2022 budget will include a "cryptocurrency tax." Nirmala Sitharaman, the Finance Minister, has proposed a 30% tax on all income from digital…
Senator Cynthia Lummis expresses concern over the 2022 America Competes Act
Senator Cynthia Lummis argues that the "America Competes Act of 2022," which was recently presented, directly attacks the cryptocurrency industry. "I will not stand…
Silvergate Capital Corporation acquired Diem for $182 million
The Diem project, which was backed by Meta (previously Facebook), sold its intellectual property and assets to cryptocurrency bank Silvergate Capital Corporation.…
After sending WETH to contract, a Reddit user lost $500,000
One thing that any cryptocurrency trader should keep in mind is that you are your own bank. A member of the Reddit community discovered it, and he claims that a…
Over 300 banks will offer cryptocurrency to their customers in the US
In response to strong customer demand, an estimated 300 banks in the United States will begin offering cryptocurrency trading via mobile apps.
According to…
Justin Bieber joins the bored ape club and purchases NFT for over a million dollars
Justin Bieber has become the newest member of the exclusive Bored Ape Yacht Club. He made a payment of 500 ETH for Ape #3001.
Justin Bieber is a top-tier…
Criminals laundered $8.6 billion in cryptocurrency in 2021
Chainalysis, a blockchain analytics firm, estimates that the entire value of cryptocurrencies laundered will reach $8.6 billion in 2021. This is a 30% increase over…