What is Celsius?   Per CoinMarketCap, Celsius originally came into being as the product of creators Alex Mashinsky and Daniel Leon in 2017.   Mashinsky has a long-running history in the internet development sphere, having worked on the Voice Over Internet Protocol (VOIP) in the 1990s and other technologies since. Celsius is far from Mashinsky’s...Continue Reading

A woman now known as the infamous “Cryptoqueen”, who is accused of defrauding investors of over $4 billion/USD worth of funds through the sale of a fake cryptocurrency, has now been placed on the FBI’s list of its 10 most-wanted fugitives.     She has now been missing for over 4 years, 8 months and...Continue Reading

Starting June 1, the Federal Reserve will begin draining that plus $3.3 trillion of bank reserves from its nearly $9 trillion balance sheet to put all of this money in motion — a process it called “quantitative tightening”.     Quantitative tightening, also known as balance sheet normalisation, is a type of monetary policy followed...Continue Reading

Australia’s largest bank has decided it will pause its rollout of its Cryptocurrency trading app-based trading of digital currencies such as Bitcoin and Ethereum pending further regulation.   The multinational corporation has also sought to pause all testing features, preventing any cryptocurrency sales on its app amid the current cryptocurrency market downturn and uncertainty.  ...Continue Reading

LUNA (UST), a digital token with a once $16 billion market capitalisation that is designed to maintain a 1:1 peg with the dollar, known as a stablecoin, nosedived over the past 36 hours.    Its price fell below $0.65, before somewhat recovering to $0.93 as yesterday before tumbling to as low as $0.59 as of...Continue Reading

The Australian Prudential Regulation Authority (APRA) has published a letter to Australian regulatory bodies on Thursday setting out its expectations of risk management, as well as a roadmap for digital assets policy through 2025.     Chairman Waynes Byres detailed in the letter “while activities associated with crypto assets are still relatively limited in Australia,...Continue Reading

A new report out of RMIT’s Blockchain Innovation Hub, Centre for Cyber Security Research and Innovation and the Digital Ethnography Research Centre has said Decentralised Autonomous Organisations (DAOs), including a Docklands DAO, could pilot a new type of digital economic infrastructure, revitalising precincts in Melbourne’s CBD.   This would see local retail, residential and commercial...Continue Reading

U.S. Treasury and Cryptocurrency: Advancing with Caution As U.S. Secretary Janet Yellen articulates the growing influence and complexities of cryptocurrencies, the spotlight on regulatory frameworks becomes more pronounced. This pivotal time in the digital asset landscape underscores the need for reliable and efficient tools in the cryptocurrency mining sector. At Mining Store, we offer cutting-edge...Continue Reading

Joe Biden’s executive order on digital currencies The White House and Joe Biden signed the executive order on digital currencies on Wednesday.   The entire brief can be read here.    In doing so, the U.S. government has directed agencies across the federal government to coordinate strategies to gauge both the advantages and disadvantages posed...Continue Reading

PART 4: Crypto Future & Journey 2022 What we have seen so far in 2022   Entering 2022 and the month of January saw a highly volatile market, continuing the negative trend line, with many of the top crypto losing a lot of value. BTC began the year with a $900 billion market capitalisation and...Continue Reading