General News

Bithumb Owner Kang Jong-hyun Arrested for Stock Manipulation and Embezzlement

South Korean authorities arrested Kang Jong-hyun, who is said to be the real owner of a local cryptocurrency exchange called Bithumb. He is accused...

German DekaBank Partners with Metaco for Bitcoin Services

One of the most well-known asset managers in Germany, DekaBank, has decided to work with a Swiss company called Metaco to offer its customers...

Tesla Reports $140 Million Net Loss from Crypto Trading

Tesla, the electric vehicle manufacturer, is backtracking on its bullish attitude towards cryptocurrencies. The automaker recently filed its 10-K (comprehensive annual financial report), which...

Lawsuit Filed Against Grayscale Investments by Osprey Funds

Investment management firm, Osprey Funds, has taken legal action against Grayscale Investments for allegedly lying to investors about the conversion of Grayscale Bitcoin Trust...

Montenegro and Ripple Partner on CBDC Pilot Project

Montenegro's Prime Minister, Dritan Abazovi, said on Twitter that his country is working with Ripple to create a digital currency. At Davos, Abazovi met...

Panamanian Supreme Court to Decide Fate of Country’s Crypto Law

The Panamanian Supreme Court is now in a position to rule on the fate of the country's cryptocurrency business, marking a new milestone in...

Nigeria Sees Surge in Bitcoin Demand as CBN Pushes for Cashless Economy

As a result of the Central Bank of Nigeria (CBN) actively trying to get its people to switch to digital cash, the price of...

South Korea’s Crypto-Tracking System to Fight Money Laundering

The Ministry of Justice in South Korea has announced plans to implement a new crypto-tracking system. This helps combat money laundering and recover funds...

Azuki NFT Twitter Account Hacked, $750,000 Stolen in Scam

Hackers recently launched a hostile takeover of the Azuki Twitter account, resulting in a scam that drained the wallets of some users. In just...

Bithumb Under Special Tax Investigation by South Korean National Tax Service

South Korea's National Tax Service (NTS) is conducting a "special tax investigation" into cryptocurrency exchange Bithumb, according to local media reports. The investigation comes...

U.S. GDP Rises by 2.9% in Fourth Quarter

The U.S. economy maintained a significant increase in the final three months. Still, the pace seemed to have slowed down a lot in the...

Kazakhstan Financial Monitoring Agency Disbands Illegal Crypto Exchanges

The Financial Monitoring Agency (FMA) of Kazakhstan has taken action against a group involved in illegal cryptocurrency trading. The group was operating through various...