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
Desktop Wallets: The Pros & Cons Revealed
One thing is for certain… holding cryptocurrency is like holding digital treasure! And, if you have treasure, you definitely need to be able to secure it. With crypto, it’s all about being able to keep these intangible, completely digital assets safe. This means
Bulletproof Your Crypto: Safeguarding Your Seed Phrase
In the fast-paced world of cryptocurrencies, one rule is sacrosanct - protect your seed phrase like it's a bar of gold. Why? Because in essence, it's even more valuable. In the wrong hands, your seed phrase is a skeleton key to your digital
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
Power of Words: Decoding The Language of a Seed Phrase
In the ever-evolving realm of cryptocurrency, fortunes are being made and lost in the blink of an eye. The allure of unprecedented financial gains has attracted legions of investors, each hoping to secure their piece of the digital gold rush. However,
Hot vs Cold Wallets: Finding Your Crypto Comfort Zone
Cryptocurrency has become a hot topic in recent years, this trend will only continue as the interest in, and adoption of, Bitcoin and other cryptos continues across the world. But with this increasing popularity comes the need for better understanding of
Custodial vs. Noncustodial Wallets: Who Holds the Key?
Cryptocurrency has transformed the way we perceive and interact with money. It offers the world a decentralized and borderless financial system. At the heart of this revolutionary technology lies cryptocurrency wallets. Just as traditional wallets provide a safe place to store and