Many nations seem to be stricter towards digital assets miners, and most recently the power provider in Siberia has an illegal mining farm operating on their own property.

The prosecutor’s office based in Irkutsk Region posted on VK, elaborating that an unnamed Irkutsk-based “electric grid supply organization” is identified guilty of “illegally providing a plot of land” to digital asset miners.

The office further quotes that it has fined the land providing land with 330 thousand rubble and has

In the coming six days, the Kaspa token (KAS), will release $21.39 million worth of tokens, accounting for 0.72% of the total circulating supply.

Token unlocks are termed the organized release of locked crypto tokens, generally assigned to early investors, team members, and ecosystem growth.

Big releases can signify selling pressure and impact near-term prices, and at the same time, others might take an ecosystem boost by funding development or motivating participation. 

This week, the token

 In the current scenario, the Hong Kong Stock Exchange registers 12 cryptocurrency-associated ETFs with an overall market value of about HK$7.4 billion. 

The ex-Finance Minister of Germany, Christian Lindner has offered that the European Central Bank (ECB) as well as the German Bundesbank should think about adding Bitcoin to their reserves. 

Besides Hong Kong and Germany, Russia is thinking over a strategic Bitcoin reserve as a result of global sanctions. 

Many countries all over the world ar

In a most recent report, it has been noted that the ex-wife of Solana founder has accused Stephen Akridge of making huge profits leveraging her holdings of SOL through staking rewards.

Elisa Rossi, the ex-wife of Solana co-founder, has registered a lawsuit against Akridge in San Francisco Superior Court claiming that his husband has made millions by secretly using the tokens of the blockchain owned by her.

The filed complaint reads that Akridge backed the establishment of Solana Labs in 2018,

Since the past few years the adoption of Bitcoin has seen staggering growth, with some known nations acquiring huge Bitcoins yet institutional investors, individuals, and whales have also contributed to this surge. 

In a most recent development, El Salvador got the title of 6th nation to hold the highest BTC, after the purchase of one more Bitcoin on December 29 its total holdings reached 6000.77 BTC. 

At the time of writing the total BTC held by El Salvador was valued at over $559 million, at

To a certain extent of the new DeFi tax, the trading front-end service providers will have to list the transaction details of users.

Apart from the DeFi broker tax rules, the wider crypto industry has always addressed the US IRS for some of its demands.

A legal practitioner having software provider ConsenSys, Bill Hughes had so far forecasted that this bill development from the regulation would come with lawsuits.

A nonpartisan fund and advocacy group, the DeFi Education Fund has recently fil

As cryptocurrencies gain traction and their prices soar, a pressing question dominates the mainstream finance landscape: Will cryptocurrencies revolutionize the financial system, or are they a fleeting bubble poised to burst in the near future?

Today in this informative article we will delve deep to understand the aspect of the traditional finance system that dramatically changed over time, and will also understand the possibility that might prove the statement that crypto is a bubble that migh

MicroStrategy, the leading Bitcoin company, has filed  Form Pre-14 A with the Securities and Exchange Commission of the United States. According to the information, a Pre 14 A is a filing in which a company files with the SEC when the votes of shareholders are required over an issue rather than an acquisition or merger. 

The MSTR’s filing outlines its aims of amending the company’s certificate of incorporation by increasing the number of Class A common shares from 330 million to 10.33 billion.

Solana has gained major traction in the ongoing year and most recently it was reported that it surpassed the Ethereum chain in terms of volume, and TVL. 

In a most recent development, it has been noted that Jito the Solana-based staking pool has marked a major milestone by gathering a revenue of $100 million in priority fees and tips in November and December 2024. 

As per a recent report by Kairos Research, a cryptocurrency researcher, Jito validators scaled tip revenue by an average of 32 per

In the last week, over 33,000 Bitcoins, estimated at more than $3.23 billion, have been shifted to exchanges.

The percentage of traders holding long positions on Bitcoin ($BTC) on Binance has gone down gradually, starting its fall from 66.73% and going to 53.60%.

As per the market analyst, Mark Newton, a back out to $60,000 may happen before $BTC skyrockets. 

The price of Bitcoin is witnessing robust selling pressure after encountering rejection at $100k on December 25. On-chain data reveals

With the evolving technologies bad actors have developed several new ways to loot ones involved in cryptocurrencies. In a most recent development, a cybersecurity firm noted that hackers have successfully created a clone of Zoom, a popular video conferencing software. 

According to SlowMist’s blog post, the attacker impersonated a genuine Zoom meeting link by using a domain that looked like “app[.]us4zoom[.]us.” The website was a close imitation of the real Zoom meeting interface. 

Instead of

In just the last 9 months, we have witnessed prominent players such as DAOs and decentralized protocols put out large, public RFPs to examine.

As per the Dune Analytics data aggregated by 21Shares, around $3.4 billion worth of tokenized treasury funds are now on-chain.

Ethena Labs, the creator behind Ethena, manages the USD synthetic dollar, revealed on September 26 that it had a BUIDL-supported stablecoin in the industry.

The Frax Finance community has voted in favor of adopting BlackRock’s

FTX has constantly remained in the spotlight since its evolution, especially after its collapse in late 2022. In a recent development, it has been noted that Ryan Salame the co-founder of FTX who was jailed over severe allegations of fraud, conspiracy, and others, has got a reduced sentence of 1 year without any clear specification. 

The former executive officer of the exchange was jailed with others including Sam Bankman Fried, Nishad Singh Gary Wang, and others. Following the sudden demise of

In the beginning, BURNmas was anticipated for December 25. Ultimately, it surpassed the target and BonkDAO members voted on the side of an updated proposal to burn 1.69 trillion BONK tokens.

After the token burn event of December 26, the token has slumped by 7.2%, holding a market capitalization of $2.3 billion.

The token was not able to revive the same success it witnessed from a previous 100 billion BONK token burn on November 13, 2024. 

Bonk, a meme-inspired cryptocurrency was not able to

The active Bitcoin strategy of the company has pushed its stock, MSTR to have more than 2,200% in value, surpassing most large-cap public firms.

Analysts from the industry forecast that the presidency of Trump could boost the acceptance of various pending crypto ETFs.

Apart from Strive, Bitwise has also filed to introduce the Bitcoin Standard Corporations ETF. 

On December 26, Strive owned by Vivek Ramaswamy filed with United States regulators to introduce an exchange-traded fund (ETF) target

The issuer of one of the most traded cryptocurrencies, USDT has made its first dubbed in the venture capital investment, Tether has invested nearly $2 million in Arcanum Capital’s Arcanum Emerging Technologies Fund II.

Arcanum Emerging Technologies Fund II is a tokenized fund focused on the development, advancement, and growth of the Web3 industry. 

As per the press release, the fund also intends to transform cross-border payments, privacy, and other banking services. Market experts argue that

India, the nation with the highest crypto adoption has also become the hotspot for surging illegal activities related to cryptocurrencies. 

As per the recent report in the Economic Times, the Income tax department of the national has identified and dismantled a multi-faceted hawala scam involving the usage of cryptocurrencies.

The illicit activity came into the spotlight following the raid on a couple of wedding planners based in Jaipur. In the raid, the authority seized digital assets of over

Elvira Nabiullina, the governor of the Central Bank previously agreed that if the pilot projects become successful, the digital ruble will be introduced in a mass execution.

The consultation paper released in October 2020 included the reassurance of the central bank by its citizens that the suggested CBDC will accompany and not be put back.

The Russian bank has been operating a pilot project for its CBDC among local banks since last year.

The Russian Bank has accepted a new rule that will per

If the bill becomes a law, issuers of stablecoins in Hong Kong must get a license from the Hong Kong Monetary Authority (HKMA), the central bank of the region.

The bill offers a shield for customers that affects the numerous market participants, adding issuers and distributors.

 If the bill is imposed, Hong Kong may see a transformation in stablecoin use as followed by Europe when the Markets in Crypto-Assets (MiCA) rules came into action. 

The presented idea of the Stablecoins Bill by Hong K

Vitalik Buterin the co-founder of Ethereum remains in the spotlight due to his back-to-back donation for welfare work, most recently Khao Kheow Open Zoo thanked Buterin for joining the Wildlife Sponsorship Program and adopting Moo Deng. 

ETH’s co-founder, wrote a poignant letter to the director of Khao Kheow Open Zoo, expressing his enthusiasm for the zoo’s dedication to education and animal welfare.

https://twitter.com/KhaokheowZoo/status/1872151683700248587

He said ” I was deeply impressed