Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
The Fall of FTX and Sam Bankman-Fried’s Legal Battle In the world of cryptocurrency, few stories have been as seismic as the collapse of the FTX Exchange. Once a titan in the industry, the company filed for bankruptcy in November, setting off shockwaves that rippled through the financial sector. The man at the heart of… Read More
The Securities and Exchange Commission (SEC) recently filed a lawsuit against Coinbase. The SEC alleges that Coinbase has been operating as an unregistered securities platform and brokerage service.
Elon Musk is facing allegations of insider trading over Dogecoin.
The Markets in Crypto-Assets (MiCA) legislation has officially been signed into law by officials in the European Union.
Bittrex has officially filed for Chapter 11 bankruptcy. This filing has come just a month after announcing its plans to close the US version of its exchange.
Cryptocurrency exchange Bittrex has decided to cease its operations in the United States. All funds must be removed by April 30th. This does not impact Bittrex Global.
Starting March 23, 2023 eligible users can claim the Arbitrum (ARB) airdrop by going to the official Arbitrum website and connecting an ETH wallet like MetaMask.
Many of us will get to lower our tax bill this year due to taking losses in crypto in 2022. Just keep in mind you can’t technically take your FTX, Blockfolio, etc., losses until bankruptcy proceedings are finalized.
Coinbase, the largest cryptocurrency exchange, has cut 950 employees (20% of its workforce). This was announced on January 10th, 2023, as part of a 25% reduction in operating expenses.
In the wake of 3AC, FTX, Block-Fi, Celsius, etc, many crypto lenders and exchanges are in trouble. Given this, let’s quickly cover GBTC, ETHE, WETH, Genesis, Gemini Earn, FTX, Block-Fi, and other matters (like if Coinbase is in trouble; HINT: all official signs and documents say it’s fine).
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