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The cryptocurrency bill was introduced in September 2021 but a dispute between the government and Panama’s National Assembly has stalled it. Back in 2021, Panama was leading the race to become the first country to introduce cryptocurrency regulation. However, the proposed crypto bill failed to meet the expectations of the government and was passed to …
European lawmakers impose strict regulations on crypto friendly banks. Want them to hold more Euros against the deposited cryptocurrency. In a recent announcement made by European Parliament, the banks have to hold Euros of their own capital for every Euro they hold in cryptocurrency. It’s like a 1:1 ratio of Euros and the equivalent worth …
The hyped NFT collection fell below 0.911 ETH mint price to 0.88 ETH, ruining the expectations of the carmaker. The supercar manufacturer and premium luxury brand in the car market has failed to impress the crypto market. Porsche NFT drew severe criticism from the crypto community, accusing the company of high mint price, way beyond …
A collection of 10,000 different chef-styled NFTs providing access to elegant, exclusive real-world dining experiences and more. The crypto culinary club is a member only program that aims to harness the power of blockchain technology and use it to enrich real-world experiences via NFTs. It’s a collection of 10,000 different NFTs on the Ethereum blockchain. …
Avraham Eisenberg was arrested by FBI last year and charged with commodities fraud & commodities manipulation. Solana based decentralized exchange Mango Markets was hacked last year, allowing the hacker to steal roughly $116 million worth of cryptocurrency from the platform. The hacker was none other than ‘Avraham Eisenberg’ the man behind the crime. As per …
The missing ‘cryptoqueen’ Ruja Ignatova has defrauded investors out of $4 billion cryptocurrency scam. The £11 million London based apartment thought to belong to the fugitive Ruja Ignatova is now up for sale this month. She was the founder of OneCoin which turned out to be the biggest scam project in the history of the …
Jamie Dimon, the CEO of JP Morgan has earlier called Bitcoin a Ponzi Scheme The CEO of JP Morgan Chase continues to express his disinterest towards digital currency and other digital assets. He has called Bitcoin a Ponzi scheme, pet rock and most recently named it a hyped-up modern fraud. In a recent interview with …
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 …
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 …
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 …
