News

Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized…
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In this week’s newsletter, read about how the Metaverse is a catalyst for nonfungible token (NFT) adoption. Check out how GameStop’s NFT marketplace revenue dropped and how MTV added a metaverse award at the VMAs. In other news, learn…
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Crypto security companies are raking in a fortune despite the bear market that has bloodied firms across the rest of the industry. Zeth Couceiro – founder of crypto recruitment company Plexus Resource Solutions –…
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On Wednesday, U.S. dollar stablecoin issuer Tether (USDT) said that it would not freeze smart contract addresses sanctioned by the U.S. Office of Foreign Assets (OFAC) Control's Specially Designated Nationals and Blocked Persons (SDN)…
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Bitcoin (BTC) has broken out from a short-term resistance level but is still trading inside a longer-term corrective pattern. Bitcoin has been trading inside an ascending parallel channel since June 18, when it reached a low of $17,622.…
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According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible to pay for public bus rides with the…
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SudoRare – a decentralized non-fungible token (NFT) marketplace – is reportedly the latest crypto project that had rug-pulled its customers. The project, established earlier today, shut down its operations six hours…
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US Congressman Tom Emmer (R-MN) wants answers from the Treasury Department over the sanctions the agency imposed on Tornado Cash. In a letter addressed to Treasury’s Janet Yellen on Tuesday, Rep. Emmer highlighted his take on the…
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The Singapore-based investment company – DBS Digital Exchange – stated that cryptocurrency transactions more than doubled on its platform following the June market crash. This comes as a surprise since numerous other…
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The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to…
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