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 the...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

Federal Reserve’s Impact on Cryptocurrency Markets 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...Continue Reading

How Goldman Sachs is Embracing Crypto with Bitcoin-Backed Loans 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...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

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

Biden Crypto Strategy and U.S. Digital Currency Approach Biden Crypto, news has emerged in the last 24 hours, indicating that President Joe Biden is expected to sign an executive order this week on the U.S. government’s strategy and approach for digital currencies. The executive order, in development since 2021, aims to outline regulations, assess national...Continue Reading

Crypto Impact in Global Crises 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...Continue Reading

The journey of Cryptocurrency from 2017-2022 and what the future holds   In this article we explore the evolution of cryptocurrency & Blockchain technology from their early mainstream adoption in 2017 to the present day. We look into the roadblocks faced along the way and the milestones achieved. It will be broken down into three...Continue Reading