U.S Authorities Investigate Digital Currency Group Over Internal Transfers

James Dodson | January 7, 2023 | Leave a comment

Liquidity problems forced Genesis to halt all withdrawals related to parent firm DCP in December. That saw United States authorities launching investigations into the firm’s internal monetary dealings. United States authorities kick-started an investigation into Digital Currency Group’s internal...

The Metaverse Boom: Opportunities and Challenges for Insurers in the Virtual World

James Dodson | January 5, 2023 | Leave a comment

The Metaverse is quickly changing how we live, and according to a new report, the number of users might exceed 5 billion by 2030. That is a significant number of users by any standard. Furthermore, according to the report,...

FTX Users File a Petition to Claim Frozen Assets

James Dodson | December 29, 2022 | Leave a comment

A collection of consumers are currently suing FTX to become the pioneers in recovering assets from the cryptocurrency exchange. The petition filed wants the courts to realize that the holdings with the exchange platform belong to the users and...

Brazil Passes Bill to Legalize Crypto Use

Daniel Sharkey | December 24, 2022 | Leave a comment

The Brazilian government passed a bill on Thursday in a fresh push to make Bitcoin and other crypto assets legal in the country. Following President Jair Bolsonaro’s approval of the new bill on December 22, Brazil has become the...

XRP: Bears to Target $0.3300 Vicinity as Ripple vs. SEC Court Date Nears

James Dodson | December 19, 2022 | Leave a comment

XRP’s 1.35% Sunday drop saw the remittance token closing the week 8.30% lower. Worries about the Ripple vs. SEC outcome and the overall crypto market downturn saw XRP traversing the red during the session. Technical indicators depict bearishness, with...

Canada Prohibits Crypto Leverage and Margin Trading Due To FTX Debacle

Daniel Sharkey | December 13, 2022 | Leave a comment

Legislative authorities in Canada have taken adequate protective measures to halt the spread of the ongoing contagion owing to the aftermath of the world’s largest crypto exchange, FTX. On Tuesday, the council of Canada’s Provincial and Territorial Securities Regulators...

Congressman Calls for Investigation Into SEC Chairman’s Role in FTX Fall

James Dodson | December 8, 2022 | Leave a comment

A Democratic congressman, Ritchie Torres, called upon the Government Accountability Office(GAO) to independently investigate the Security and Exchange Commission’s failure to prevent the downfall of FTX. In a letter sent on Wednesday, Torres asks GAO to review the SEC’S...

Huobi Cannot Retrieve a Total Of $13.2 Million In Client Assets From FTX

Kavon Hyatt | November 18, 2022 | Leave a comment

Huobi has acknowledged that the FTX saga has had an impact on it as well. They informed the public that they could not get $18.1 million back from FTX. Of this sum, customers are responsible for $13.2 million, and...

Government Agency in Nigeria to Teach Blockchain to Over 30,000 Citizens

Kavon Hyatt | November 18, 2022 | Leave a comment

The launch of the 2022 Blockchain Scholarship Scheme has been announced by the National Information Technology Development Agency (NITDA). The program seeks to educate 30,000 people in Nigeria. Increasing The Use of Blockchain A blockchain technology training program will...

Ripple Collaborates with MSF Africa, An Africa-Focused Payments Company

Kavon Hyatt | November 18, 2022 | Leave a comment

The expansion of Ripple’s partnership with MSF Africa is intended to provide “financially inclusive benefits” to the whole region. Notably, MSF Africa boasts 800 payment channels spread across the continent. Making Remittances Easier, Quicker, And More Affordable On November...

Cryptocurrency Regulation and Taxing

U.S Authorities Investigate Digital Currency Group Over Internal Transfers

The Metaverse Boom: Opportunities and Challenges for Insurers in the Virtual World

FTX Users File a Petition to Claim Frozen Assets

Brazil Passes Bill to Legalize Crypto Use

XRP: Bears to Target $0.3300 Vicinity as Ripple vs. SEC Court Date Nears

Canada Prohibits Crypto Leverage and Margin Trading Due To FTX Debacle

Congressman Calls for Investigation Into SEC Chairman’s Role in FTX Fall

Huobi Cannot Retrieve a Total Of $13.2 Million In Client Assets From FTX

Government Agency in Nigeria to Teach Blockchain to Over 30,000 Citizens

Ripple Collaborates with MSF Africa, An Africa-Focused Payments Company

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