Bitcoin bulls are getting a rain check on gains with BTC price action retracing its weekend progress.
UK regulator investigates charity linked to FTX
The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested.
Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment
Bitcoin dominated this week’s inflows, accounting for almost all of the $117 million coming in.
Jailed Kickboxer Andrew Tate Promoted Bitcoin for Tax Avoidance in Video
The video of Andrew Tate, who was 2022’s 8th most Googled person, was published by popular YouTube personality and criminal lawyer, Bruce Rivers, earlier this month. But the strategy Tate touted for bitcoin tax avoidance would likely run afoul of the law in many jurisdictions.
Crypto India Looks for Relief but Holds Out Little Hope in Budget Speech
India is unlikely to change its restrictive crypto tax rules when Finance Minister Nirmala Sitharaman unveils the country’s new budget on Wednesday, CoinDesk has learned.
Binance Partners With Mastercard to Launch Prepaid Crypto Card in Brazil
The card will allow payments with 13 cryptocurrencies, including bitcoin, ether and Binance USD.
Three launch lessons from blockchain-based freelance marketplace TopIQs
Cointelegraph Innovation Circle member Steve Talbot, himself a former freelance internet marketer, is using blockchain to offer freelancers a more equitable marketplace.
Credit cards can bridge Web2 to Web3, says music industry exec
As decentralized finance continues to become more mainstream, traditional financial tools can serve as a bridge from Web2 to Web3 for those who still remain skeptical.
Sam Bankman-Fried Backed Charity Under UK Probe
The inquiry will investigate the extent of the risk to the charity’s assets and whether the trustees are complying with their duties around protection of said assets.
First Mover Americas: Bitcoin Was Weekend Warrior
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
New paradigms for enterprise blockchain adoption
As blockchain gets ready for enterprise adoption, companies and projects must adapt to the rhythm and motion of enterprises.
New York Regulator Investigating Crypto Exchange Gemini Over FDIC Claims: Report
Gemini reportedly claimed repeatedly that its the assets of customers using its Earn product were safe thanks to being backed by the FDIC
Premier League Inks Deal With Digital Trading Card Platform Sorare
The English soccer league has been considering a partnership with a crypto platform to expand its NFT offerings since 2021.
Binance blocks some accounts amid Bitzlato case: ‘Funds are safe’
Binance says it has already unblocked 90% of crypto accounts that were suspended due to the Bitzlato investigation.
Philippines Securities Regulator Seeks Comment on Draft Crypto Rules
Draft laws published this month seek to bring crypto assets under the purview of the country’s Securities and Exchange Commission.
FTX Seeks to Remove Turkish Units From Bankruptcy Case
The U.S. estate of the bankrupt crypto exchange doesn’t reckon the Turkish authorities are going to cooperate, after their seized local assets in November
Deflationary Ether Is Underperforming Bitcoin, Here are 3 Reasons Why
While bitcoin has gained nearly 43% this month, ether has appreciated by 36%. Analysts said traders are worried that large amount of ether will be offloaded into the market post-Shanghai upgrade.
Bitcoin adoption of Guatemalan merchants grows one BTC tattoo at a time
The Central American country of Guatemala is getting inked on the path to greater Bitcoin merchant adoption.
South Korea to Start Tracking Crypto Transactions in Bid to Crack Down on Money Laundering
The country will start off using a third-party system while it develops its own software.
Fantom Blockchain to Release Version 2 of fUSD Stablecoin
The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.