Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
Noncustodial peer-to-peer crypto exchange Bitzlato was little known to some before the United States Department of Justice (DOJ) enforcement action against it on Jan. 18....
Genesis reportedly planning to file for bankruptcy: report
Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to be considering filing for bankruptcy. According to a Bloomberg...
Ethereum price rally under question after ETH slams into resistance at $1.6K
Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33%...
Deal Box announces $125M venture fund to invest in Web3
Deal Box’s venture arm will invest in blockchain and Web3 startups. Dubbed Deal Box Ventures, the investment unit will target projects in fintech, emerging growth,...
Bitcoin and Ethereum correct amid Bitzlato takedown, tech layoffs and economic worries
Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders.Given the number of...
EU delays Markets in Crypto-Assets regulation vote again
The European Parliament passed the comprehensive Markets in Crypto-Assets, MiCA legislation in October 2022. The final vote on the bill was originally set for February...
FTX fallout: SBF trial could set precedent for the crypto industry
After the collapse of major cryptocurrency exchange FTX in November 2022, former CEO Sam “SBF” Bankman-Fried was arrested by Bahaman authorities on Dec. 12. Just...
Bitzlato and its founder face enforcement actions from US authorities
The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato and the arrest of its founder Anatoly Legkodymov.In a...
Bitcoin now at its pre-FTX collapse level
At press time, bitcoin (BTC) was trading at $21,507.97. Bitcoin price has surpassed where it stood on November 5 just prior to the FTX collapse....
An introduction to KYC in Crypto
The initial level of anti-money laundering (AML) reasonable care is called “know your customer,” or KYC for short. The Know Your Client (KYC) processes are...