Crypto firms and institutions holding digital assets will gain a more accurate depiction of their asset values due to updated accounting regulations in the United States.Continue Reading

The SEC and Fidelity in the United States convened to review Fidelity's Wise Origin Bitcoin Trust application, examining diagrams and the operational aspects of the product.Continue Reading

Binance founder Changpeng “CZ" Zhao must stay in the United States until he is sentenced in February as he's unlikely to return to the country if allowed to travel to the United Arab Emirates, a federal judge has ruled.Continue Reading

Per CoinTelegraph, Australians are increasingly turning to cryptocurrency to bolster their retirement savings, with allocations from self-managed pension funds surging by 400% in four years, outpacing growth rates in stocks and bonds.Continue Reading

The United States Department of Justice revealed that Binance's CEO, Changpeng "CZ" Zhao, has agreed to plead guilty to a felony charge as part of a resolution involving both criminal and civil cases related to the exchange.Continue Reading

Ethereum 2.0, the second largest cryptocurrency by market capitalisation, has successfully finally moved to its proof-of-stake consensus mechanism.   In doing so it will reduce its energy consumption by a whopping 99.5% compared to its previous proof-of-work system.    Per TheVerge, the enormous pollution reduction comes from a change in how Ethereum users earn new...Continue Reading

Crypto.com, has mistakenly transferred $10.5 million to a Melbourne woman, Thevamanogari Manivel, back in May of 2021, when they were simply trying to process a refund of $100.     The exchange is currently reeling from the expensive accident, revealing the mistake was only picked up 7 months later in an end-of-year audit, according to...Continue Reading

Samsung, the South Korean multinational manufacturing conglomerate, have set their sights to create a cryptocurrency exchange and plan to set up a digital asset exchange in the first half of 2023.    It will be done through the tech giant’s investment firm, Samsung Securities.      According to reports out of South Korea’s local media,...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

A British Virgin Islands court has ordered major cryptocurrency hedge fund Three Arrows Capital (3AC) to liquidate its assets as the serious market downturn in digital assets continues.   The liquidation has been ordered by a British Virgin Islands court, with Teneo Restructuring being brought in to deal with the liquidation process. Teneo is in...Continue Reading