CRYPTO BUSINESS

A Web3 enthusiast said that "the marketplace was originally scheduled to launch in 2022" and highlighted that the "new launch date after several delays is set to May 15."

The Fed's decision Wednesday is the 10th rate hike in a span of 14 months.

While crypto businesses in the U.S. groan for the country's lack of clear regulations for the industry, the proposed 30% tax on crypto mining could drive miners away to places with much higher carbon intensity.

Congressional offices were informed that Binance CEO Changpeng Zhao had links to the ruling political party in China.

The arrested individuals were allegedly selling firearms and drugs through the illegal marketplace and other similar websites, with 153 of them arrested in the U.S., 55 in the U.K. and 52 in Germany.

Marcie Jastrow, the Shiba Inu Metaverse advisor, revealed that "Shib: The Metaverse" will launch 11 hubs by the end of 2023 or early 2024.

The Treasury Secretary, in a letter sent to Congress on Monday, urged the leaders of the House "to protect the full faith and credit of the United States by acting as soon as possible."

Coinbase dismissed the lawsuit and called it a "meritless" claim.

Jack Dorsey's tech company could level the playing field with the launch of its new product for cryptocurrency mining.

"Killer Whales" could inspire a new breed of blockchain trailblazers and could pave the way for the global adoption of Web3 technology.

The world's largest centralized cryptocurrency exchange by trading volume previously said that it has already "provided Korean [law enforcement] authorities with the requested assistance."

Described as "a symbol of unity for the crypto community seeking sensible crypto policy," the "Stand With Crypto" NFT campaign intends to push the U.S. Securities and Exchange Commission to provide the emerging sector with "sensible cryptocurrency policy."

While Certik maintains that it has no responsibility for what transpired at MerlinDEX, it "is actively investigating" the recent exit scam.

The case involves Cornelius Johannes Steynberg of South Africa, who was the founder and CEO of Mirror Trading International Proprietary Limited.

While Ryan Salame has not been formally charged, the latest move by the authorities indicate that the investigation surrounding the spectacular collapse of FTX is far from over.

The country is trying to update its law "in light of lessons learned during the so-called 'crypto winter' of 2022."

While Hong Kong's ambition of becoming the world's crypto hub is now backed by clear regulatory guidelines, the subject is a sore point among crypto exchange platforms operating in the United States.

According to the Federal Bureau of Investigation, cryptocurrency investment fraud saw a 183% spike last year and skyrocketed from $907 million in 2021 to $2.57 billion in 2022.

Traditional banks struggled with issues of liquidity and insolvency in March, and Bitcoin has been the biggest beneficiary of this issue.

The bank has not yet released any statement on the matter, but a report claimed that the Swiss bank only acted based on an official court order.

While developer Good Luck Games did not mention the reason behind the shutdown, the widely-held assumption is that the Web3 game "Storybook Brawl" was caught in the chaos of FTX.

Binance.US's move is a major burden for the now-bankrupt crypto brokerage firm, which has been looking for ways to raise funds to repay its creditors.

Coinbase filed a petition with the SEC last July, requesting the agency to engage in regulation-making for the industry, asking it to propose and adopt clearer regulatory guidelines for the sector in the United States.

Do Kwon's lawyers said that the lawsuit is an "improper attempt" by the SEC to regulate crypto using "outdated laws," even though Congress and the agency itself could not agree on what qualifies as a "security."

"We think the law is on our side and the facts are on our side," Ripple Labs' CEO said last July, adding that "we will move to another jurisdiction if we lose the case in the United States."

"It is difficult to see Luna Coin as a financial investment product regulated by the Capital Markets Act," the court said.

While Binance has not officially released a statement related to these claims, a spokesperson of the exchange reportedly noted that the CEX's stance on Russian accounts remains the same.

"Kucoin will fully reimburse all verified asset losses caused by the social media breach and the fake activity," the exchange announced after it successfully regained access to its official Twitter account.

The Binance-backed crypto wallet admitted that there is around "$88k total balance left on affected addresses," underlining that these funds are still vulnerable.