Bittrex Applies for Chapter 11 Bankruptcy Protection, Weeks After SEC Files Charges
Bittrex has confirmed filing for Chapter 11 bankruptcy protection is a submission for the Delaware District Court. The provider of crypto exchange services estimates its...
AI Scrutiny Garners Steam as OpenAI CEO and IBM Executive Testifies Before Congress
The scrutiny of artificial intelligence (AI) is gaining steam in the US as experts drawn from IBM and New York University join OpenAI chief executive...
Hong Kong’s Central Bank Chief Warns About Strict Crypto Regulations
HKMA or Hong Kong Monetary Authority has shared its impression concerning cryptocurrency markets in the region. To this end, Eddie Yue Wai-man, the Chief Executive...
Rep. Tom Emmer Alleges Democrats Secretly Supporting CBDC Bill
The Republican majority whip indicates that Democrats secretly support his proposed central bank digital currency (CBDC) bill. He attributes the silence from the Democrats to...
China’s Supreme Court Approves Digital Currencies to Settle Debt Payments
China implemented an exodus from its native crypto industry in September 2021. However, the regulators in the nation have continued to introduce more crypto-friendly legislature....
Crypto Exchange Coinbase to Face Existential Threat as SEC Starts New Crackdown on Crypto Sector
Coinbase may be in a world of trouble as the SEC regulators have recently tightened the circle of regulations around the crypto exchange. A financial...
White House Proposes 30% Excise Tax Targeting Crypto Mining Firms
The White House is set to impose a 30% excise tax targeting crypto mining activities. In the report issued on Tuesday, May 2, Biden's administration...
Nigeria Approves National Blockchain Policy to Promote Digital Economic Development
Nigeria is one of the major exporters in the international markets with products like Cocoa beans, Crude Petroleum, and Gas, among others such as special...
Crypto Exchange Bybit Announces to Offer Crypto Lending Services
Some noteworthy changes are happening in the cryptocurrency sector within the US jurisdiction at present. One such change was noticed in Dubai where Bybit, the...
Ohio Man Handed Four-Year Imprisonment for Brother’s $21M Bitcoins Theft
Gary James Harmon awaits a four-year imprisonment following the theft of his brother’s crypto assets that law enforcers attempted to seize. The United States Department...