Russia Enters The Bitcoin Strategic Reserve Race
A Russian politician, Anton Tkachev, has proposed creating a national Bitcoin reserve to counter economic sanctions and ensure financial stability. Tkachev, a member of the Novye Lyudi party in the State Duma, believes that Bitcoin can help mitigate risks associated
Crypto Market Turmoil: $510 Billion Bloodbath and What Lies Ahead
In case you haven’t already noticed, the cryptocurrency market has seen a significant downturn over the last few days. We’ve watched Bitcoin go from near $65K, and as of this writing, dip to around $49K. Currently, $BTC is struggling to maintain
Samourai Wallet Arrests Send Shockwaves Through Crypto Community
Today, the Justice Department issued a statement declaring the arrest and charging of Keonne Rodriguez and William Hill for their involvement in operating Samourai Wallet. The charges include accusations of running an unlicensed money transmitting business and facilitating unlawful transactions. The
New Crypto Reporting Rules: The $10,000 Question
The Internal Revenue Service (IRS) has recently introduced new cryptocurrency regulations that require both individuals and businesses in the United States to report any crypto payments received that are valued over $10,000. This regulation requires filling out Forms 8300 or IRC
Shocking MetaMask Hack That Cost Mark Cuban $870K
https://twitter.com/ArkhamIntel/status/1702990619038175402 Billionaire and tech mogul Mark Cuban is probably wishing he continued extending period of inactivity in the crypto space after the week ended on a very bleak note for him. A cyberattack on September 15 saw Cuban lose approximately $870,000 in
LBRY vs SEC: The Fight Continues
https://twitter.com/LBRYcom/status/1699874353213559145 LBRY, a blockchain based, censorship resistant, network for file and video sharing, seems to be deviating from its previous intention to cease operations after being ruled as a security. Instead, it has chosen to contest a ruling made by a
Alex Mashinsky Arrested: Celsius Founder’s Legal Battle
Alex Mashinsky, who co-founded, and formerly presided over, the now-defunct crypto lending platform Celsius Network, was taken into custody in New York this past Thursday. The arrest followed an extensive probe into the circumstances surrounding the downfall of the company. The DOJ
Ripple Effect: XRP’s Landmark Legal Victory Against the SEC
After almost 3 years of litigation, Ripple Labs, a company specializing in the digital currency XRP, won a significant case in the New York Southern District Court. The case, initiated by the Securities and Exchange Commission (SEC) back in 2020, saw
Liberty & Freedom at Risk As SEC Sues Binance & Coinbase
The U.S. Securities and Exchange Commission (SEC) has filed a sweeping lawsuit against the world’s largest crypto exchange, Binance, its CEO Changpeng Zhao (CZ), and BAM Trading, the operating company for Binance. The SEC alleges that Binance violated federal securities laws
Memorial Day: Time to Honor and Remember Our Fallen Heroes
As the sun rises on Memorial Day, the stars and stripes of the American flag ripple in the gentle breeze, symbolizing the unwavering spirit of a nation that has fought and persevered through countless battles. This day, originally established after the