Recently, news broke that Telegram CEO Pavel Durov has been released from prison but placed under judicial supervision with strict conditions. One of these conditions includes the requirement to post a hefty €5 million bond. Additionally, Durov is not allowed to leave the French territory and is mandated to report to the police station twice
Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently announced tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This announcement was made during the WebX Conference in Tokyo, Japan’s largest event dedicated to cryptocurrencies. Saito’s goal is to create a favorable environment for innovation and attract international
In a game-changing move for the cryptocurrency world, the Singapore-based exchange Crypto.com has recently partnered with Standard Chartered, a multinational banking giant, to offer fiat services to retail users globally. This collaboration opens up new possibilities for users looking to seamlessly transition between traditional fiat currencies and cryptocurrencies. Standard Chartered will provide banking and payment
The latest report by TRM Labs has shed light on a concerning trend in the world of cryptocurrency – illicit activity at crypto ATMs. The findings reveal that these machines have processed over $160 million in illicit volumes since 2019, with the proportion of illicit transactions at crypto ATMs reaching 1.2% of their total volume
The recent surge in demand for bitcoin (BTC) in the United States can be attributed to Federal Reserve chair Jerome Powell’s comments at the Jackson Hole symposium. While BTC has seen a rally in the U.S. market, the overall demand for Bitcoin globally has remained relatively low in recent weeks. This discrepancy highlights the growing
Opeyemi is not your average individual when it comes to his interests. He has found himself deeply immersed in the world of cryptocurrency, despite it not being his initial career path. His journey into this space has lasted for over two years, and he has not looked back since. What sets Opeyemi apart is his
The highly-anticipated 2024 bitcoin bull run has not gone according to plan, despite the asset breaking its 2021 all-time high early on. As Bitcoin struggled to maintain its momentum towards the $100,000 mark, Perplexity identified several factors that could potentially fuel another run by the end of 2024. Earlier this year, Bitcoin made history by
Semilore Faleti is a noteworthy figure in the field of cryptocurrency journalism, with a keen focus on blockchain technology and digital assets. His journey began with a diverse range of writing subjects, but it was his interest in the complexities of the crypto world that truly captured his attention. Over the course of two years,
In a recent statement, the US Securities and Exchange Commission (SEC) highlighted the pressing need for retail investors to have more timely access to fund portfolio data. The existing regulatory framework mandates that registered investment companies provide periodic portfolio holdings data to the Commission and investors. However, this data is often delayed, leaving approximately 70
The U.S. Securities and Exchange Commission (SEC) has recently taken legal action against two brothers, Jonathan Adam and Tanner Adam, for spearheading a $60 million Ponzi scheme. The lawsuit, filed in the United States District Court for the Northern District of Georgia in Atlanta on August 26, accuses the siblings of deceiving more than 80