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

Principal Assistant Director for energy for the White House office of science and technology policy, Costa Samara, has detailed that the White House is seeking to introduce policies to lower cryptocurrency mining energy consumption, according to a report from Bloomberg Law.     Following President Joe Biden’s executive order in March pressing federal agencies to...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

In the latest signs that Wall Street is moving towards cryptocurrency, Goldman Sachs has successfully offered its first Bitcoin-backed loan.   The secured lending facility lent cash collateralised by Bitcoin owned by the borrower, a spokeswoman for Goldman Sachs said.    “We recently extended a secured lending facility where we lent fiat collateralized on BTC;...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

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 by cryptocurrency ownership, and whether the U.S....Continue Reading

In the last 24 hours, the public has learned that President Joe Biden is expected to sign the executive order this week regarding the U.S. government’s strategy and approach for digital currencies.   The executive order itself has been worked on since 2021 and will seek to provide guidance on cryptocurrency regulations, national security, and...Continue Reading

Prior information on the ongoing conflict between Russia & Ukraine can be read in our previous cryptocurrency article here!    Bitcoin and cryptocurrency was once seen as a tool of decentralised financial systems and economic growth in peacetime, however, with war, has now become a weapon in the fight. Millions upon millions has recently been...Continue Reading

BTC, Market Update & Recent News!   What happened in January?   In light of our recent Bitcoin market updates to our members, we thought it would be appropriate to provide a general overview of the market for the last month or so and any associated news!   January was a rollercoaster ride for cryptocurrency...Continue Reading