bitzlato crypto exchange charged with $700 by doj

US Department of Justice charged $700 million to less known Bitzlato crypto exchange

US authorities have ceased Bitzlato assets and have arrested the co-founder for committing crypto crimes. The US Department of Justice (DOJ) slapped Anatoly Legkodymov $700 million fine for breaking laws and involving in money laundering activities using cryptocurrency. The accused is the co-founder of Bitzlato crypto exchange. Mr. Legkodymov is a Russian national living in …

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genesis filing for bankruptcy

Crypto Lender Genesis files for chapter 11 bankruptcy

Genesis froze withdrawals in Nov 2022 and laid off 30% of its employees in January this year. Digital Currency Group owned Genesis became the first firm to file for bankruptcy in 2023. The stressed crypto lending protocol will join the list of crypto platforms that went bankrupt last year in the ice-cold bear market. Celsius …

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apple to list third party apps & app store in eu regions in 2023.jpeg

List of Apple crypto wallets for iOS: iPhone and iPad

Apple isn’t much friendly towards cryptocurrency and NFT but there are crypto wallets active on its AppStore helping users access and secure their investments. Owning cryptocurrency and an iOS device can be a troubled situation for beginners starting to invest in the industry. Apple doesn’t provide wallet support and also disallows many crypto apps from …

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indian rbi governor against cryptocurrency

Why RBI wants to ban cryptocurrency? Indian central bank calls crypto a threat to the nation.

RBI governor Shaktikanta Das dislikes cryptocurrency, wants a nationwide ban. In a recent press conference, RBI governor Shaktikanta Das reiterates his stand against crypto adoption in India. He stated that cryptocurrencies should be banned in India as their adoption will lead to RBI ‘losing control’ over the economy. He further clarified by saying the technology …

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