The Eighth Judicial District Court of Nevada has granted a petition from the state’s Financial Institutions Division (NFID) placing crypto custodian Prime Trust into receivership, pending a hearing to show cause.  In a July 14 filing, the Nevada court ordered the appointment of a receiver for Prime Trust following a […]

Binance, the world’s largest cryptocurrency exchange, expressed disappointment and dissatisfaction with the recent complaint filed by the United States Securities and Exchange Commission (SEC), alleging non-compliance issues by the exchange and its affiliated platform, Binance.US. According to Binance, they were taken by surprise by the SEC’s unilateral decision as the […]

According to a report recently released by the International Monetary Fund (IMF), current anti-money laundering (AML) policies are inadequate for effectively dealing with tax evasion in the cryptocurrency industry. The paper emphasized the growth of centralized institutions in the trading of crypto assets, providing tax authorities with a chance to […]

Cathie Wood, the CEO of ARK Investment Management, has reaffirmed her bullish stance on Coinbase, one of the leading cryptocurrency exchanges, despite ARK’s recent sale of COIN stocks. Wood’s optimism comes in the wake of Ripple’s partial victory over the Securities and Exchange Commission (SEC) on July 13. This ruling, […]

New York Rep. Ritchie Torres has called on United States Securities and Exchange Commission (SEC) Chair Gary Gensler to reconsider the regulator’s position on crypto following a “dreadful day in court.” In a July 18 letter to Gensler, Torres requested the SEC limit its enforcement cases to “bonafide bad actors” […]

In a recent video, highly respected trader, educator, and crypto analyst Thomas Kralow provides a detailed analysis of XRP, justifying his medium to long-term price target of $8-$10. This blog post will provide a comprehensive summary of Kralow’s latest insights and predictions regarding XRP, in the wake of last week’s […]

LCX, the Liechtenstein Cryptoassets Exchange, is a fintech company that has been contributing to capital markets since 2018. With five years of innovation, LCX has significantly influenced the digital asset industry by delivering a robust blockchain infrastructure, characterized by exceptional security, efficiency, and transparency. The company has secured nine regulatory […]

An environment of healthy competition is being fostered between the Ethereum (ETH) ecosystem’s top development firms building zkEVMs to scale the network, according to one of Polygon’s co-founders. Jordi Baylina, technical lead of Polygon Hermez zkEVM, spoke to Cointelegraph ahead of the start of EthCC in France. With builders from […]

The Bitcoin price has fallen to the lower end of its almost one-month trading range between $29,800 and $31,300. Already yesterday, BTC briefly fell to as low as $29,704, only to recover to $30,306 within a few hours. At press time, BTC was again moving towards the $30,000 mark, and […]

Elon Musk has consistently proven to be a pivotal figure in cryptocurrencies, particularly Dogecoin (DOGE), his crypto of choice. His influence on DOGE has been nothing short of remarkable, with any mention or action from him causing significant fluctuations in its price. In the digital currency landscape, where DOGE has […]