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Ripple vs. SEC Lawsuit: Pro-Ripple Attorney Deaton States Reason for Support

The ongoing Ripple (XRP) vs. the US Security and Exchange Commission (SEC)lawsuit has been one of the most controversial cases in cryptocurrency history. Ripple supporters have stood unshaken behind the payments company throughout the case since December 2020, with many believing that the lawsuit will end as abruptly as it began and in favor of […]

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US DOJ Charges Two Europeans for Conspiring to Offer Crypto and Blockchain Education to DPRK

The US Department of Justice (DOJ) detailed yesterday that it had charged two Europeans for conspiring with a US citizen to help the Democratic People’s Republic of Korea evade US sanctions using cryptocurrency. The organization claimed that Spanish citizen Alejandro Cao de Benos and British citizen Christopher Emms “conspired with American Virgil Griffith to provide […]

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Bitcoin ETFs Suffer Dip in Inflows as Bitcoin Price Drops

Bitcoin ETF Launch in Australia Postponed Following Restriction from Stakeholder

The launch of Australia’s first Bitcoin (BTC) exchange-traded fund (ETF), originally scheduled for April 27, has been postponed, with reports faulting a third-party broker. Last week, ASX Clear (Australian Securities Exchange), the nation’s equity capital market regulator, green-lighted the application to launch the first BTC ETF in the country. This approval came after four market […]

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US Representative Members Write to EPA Over Negative Impact of PoW Mining Activities on the Environment

Last Wednesday, 23 US Representative members, led by Jared Huffman (D-CA), forwarded a joint letter to Environmental Protection Agency (EPA) Administrator Michael Regan over cryptocurrency mining operations in the US. Rep. Huffman is the chair of the United States House Natural Resources Subcommittee on Water, Oceans and Wildlife and a member of the House Select […]

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IMF Commends India for Strict Crypto Regulatory Undertaking

The Financial Counselor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department, Tobias Adrian, commented on India’s approach to regulating cryptocurrency in an interview with PTI Tuesday, during the 2022 spring meeting of the IMF and the World Bank. The IMF executive noted that for India, “regulating crypto assets is certainly […]

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Coinbase Battles On as Four States Block Over M in Staking Payouts

Coinbase Launches Beta NFT Marketplace, “Coinbase NFT,” Amid Market Excitement

Behemoth cryptocurrency exchange Coinbase announced the launch of a Web3 social marketplace for non-fungible tokens (NFTs) dubbed “Coinbase NFT” on Wednesday, although only the beta version. The company first announced its plans for an NFT marketplace in October 2021. According to the official report, Coinbase NFT “is a peer-to-peer community platform where creators and collectors […]

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Bitcoin Google Queries Slumps to 2020 Low Amid Struggling Price

As Bitcoin (BTC) continues to struggle, the number of Google searches for the benchmark cryptocurrency has plummeted to its lowest level since late 2020. Meanwhile, the Bitcoin Fear and Greed Index has settled in “fear” territory, despite Bitcoin’s commendable performance over the past few days. While whale accounts continue to transact heavily with BTC, the […]

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