Brazil’s Cryptocurrency Law Approved – Ignores Issues With Asset Segregation And Tax Exemptions For Green Mining

The Chamber of Deputies accepted the 4.041/2021 cryptocurrency law project during its meeting on November 29. President Jair Bolsonaro must ratify the law project before it can be declared law. Most of the Senate’s

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EmpiresX’s “Head Trader” Might Spend 4 Years in Prison For $100M Cryptocurrency “Ponzi”

EmpiresX, one of the key figures found guilty of masterminding the $100 million cryptocurrency “Ponzi” scheme, has now received a sentence of more than four years in prison from a US court. Joshua David Nicholas,

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Non-Whale Bitcoin Buyers Set New Milestone For BTC Accumulation

According to on-chain statistics, some non-whale Bitcoin investors seem to have had no issues with the cryptocurrency bear market or the uncertainty, fear, and doubt (FUD) surrounding the demise of FTX. A report published by the blockchain intelligence platform Glassnode

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FTX Collapse Puts Singapore Government Under Close Scrutiny

The due diligence performed by state-owned investor Temasek Holdings and the losses suffered by FTX investors led to a serious parliamentary investigation for Singaporean Prime Minister Lee Hsien Loong

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Unusual $600K Elon Musk’s Marketing Ploy With Crypto Monument Fails

Elon Musk, the CEO of Tesla, seems to have ignored a $600,000 monument depicting him as a goat made as part of an odd crypto marketing stunt. The 30-foot, 12,000-pound metal statue of Elon Musk was delivered to

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UK Bank Starling Bans Deposits And Purchases Related to Cryptocurrencies

The latest financial institution to forbid crypto-related transfers and activity for its cardholders is the British digital bank Starling. Its customers won’t be able to buy cryptocurrencies like Bitcoin or accept incoming transactions from exchanges or retailers

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South Korea Will Alter Its Legal System to Better Manage Cryptocurrency Projects

Authorities from South Korea are submitting additional revisions to the Digital Assets Bill to gain more control over cryptocurrency exchanges in the wake of the collapse of Terra LUNA and the bankruptcy of FTX.

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Loan Request Drives Iris Energy to Reduce Bitcoin Mining Capacity

Iris Energy, an Australian cryptocurrency mining business focused on establishing BTC mining facilities in Canada that only use renewable energy, has just stopped mining in two subsidiaries. However, the company

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U.S. Senators Call For Review of SoFi’s Cryptocurrency Listings by Bank Regulators

U.S. senators Sherrod Brown (D-Ohio), Chris Van Holland (D-Md.), Jack Reed (D-R.I.), & Tina Smith (D-Minn.) sent open letters to SoFi, a digital finance startup, and several bank regulators requesting a “review”

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Assets Worth $104 Million Belonging to Terra Co-Founder Confined by South Korea

Daniel Shin, the co-founder of Terraform Labs, purportedly has assets worth roughly $104 million that has apparently been frozen by a court order issued by South Korean authorities. They accused him of unfairly

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