The central bank of South Korea has been given the green light to ramp up its scrutiny of cryptocurrency service operators and issuers amid further discussions on virtual asset legislation in the country. On April 20, local media outlet The Korea Herald reported the Bank of Korea (BoK) will be […]

A number of supposed Open Exchange (OPNX) investors have been blasted by the CEO of the crypto claims trading platform after some publicly distanced themselves from the project after being named as backers. On April 22, OPNX’s CEO Leslie Lamb tweeted that the behavior of the firms was “disgusting” and […]

Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. According to reports and court filings, crypto exchanges Gemini and Coinbase are among the companies participating in the bids.  Court documents show that one of the consortiums […]

The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as a legal tender in the country. The move is a government initiative to stabilize the local currency from its depreciation against the United States dollar.  According to a report from local media Sunday Mail, […]

Following its disappointing market dip last week, the price of Shiba Inu (SHIB) seems to be in recovery at the moment. In fact, some analysts are backing the meme-inspired token to embark on an impressive bullish run anytime from now. Over the past 24 hours, Shiba Inu seems to be […]

Google and Alphabet CEO Sundar Pichai announced the merger of two entities with the company to form a separate business unit dedicated to the development of the next generation of artificial intelligence (AI) breakthroughs and products. The new unit, Google Deepmind, was formed by merging the Brain team from Google […]

Crypto wallet Trust Wallet disclosed a security vulnerability that resulted in nearly 170,000 losses for some users. The vulnerability has been patched, according to the company. Trust Wallet found out about the issue through its bug bounty program. A security researcher reported a WebAssembly (WASM) vulnerability in the open-source library […]

The lawyers representing Terraform Labs co-founder Do Kwon reportedly argued in court against the allegations pressed by the US Securities and Exchange Commission (SEC). The federal agency had sued Kwon for allegedly defrauding US investors by illegally offering unregistered securities. On April 21, Do Kwon’s lawyers asked the judge to […]

More than 1 out of 3 influencers on TikTok, the go-to social media platform for the young generation, have been found to post misleading videos about Bitcoin (BTC) and cryptocurrency investments in a recent study.  TikTok has been widely adopted as a video-based alternative to Google searches. However, some influencers […]

Following the European Parliament’s approval of the Markets in Crypto-Assets (MiCA) regulation, Ukrainian authorities have publicly declared their intention to adopt this legislative package within their own country. According to a report by Cointelegraph, Yaroslav Zheleznyak, the Deputy Chairman of the Tax Committee of Ukraine, announced on his Telegram channel […]