New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment for...
60% of institutional investors bullish on Ethereum in 2023
60% of respondents are convinced Ethereum will a better investment in 2023. Bitcoin is also seen as one with huge potential, while other coins attracting...
Silvergate suspends payment of dividend on preferred stock
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the...
Leading digital wealth platform Yield App acquires Trofi Group
Yield App is a digital wealth platform that offers safe custody of digital assets. The platform allows customers to exchange and earn on their assets...
FTX lawyers to reap millions from the bankruptcy case: Report
According to a new report, the controversial law firm Sullivan & Cromwell is on track to reap a fortune from its work on the FTX...
What is the Bitcoin hash rate? And why is at all-time highs?
Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes...
State senator pushes bill to make Bitcoin legal tender in Arizona
Wendy Rogers, an Arizona state senator in the United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) legal tender...
US securities regulator probes Wall Street over crypto custody: Report
The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisors that may be offering digital asset custody to its...
UK’s FCA hints at why its given only 15% of crypto firms the regulatory nod
Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only...
Coinbase fined for operating in the Netherlands: here’s why
Dutch Central Bank announces a $3.6 million fine on Coinbase. It says the crypto exchange has been in a regulatory violation. Shares of Coinbase Global...