Grayscale Bitcoin Fund up 25% this year, but discount still killing investors
Key Takeaways GBTC Fund is up 25% since the start of the year, compared to a 4% rise in the underlying asset, Bitcoin The discount...
Coinbase lays off 950 employees, CEO says the exchange is well capitalized
The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has...
BONK price action spells trouble after becoming an overnight crypto sensation.
Bonk token launched on December 25, 2022 The cryptocurrency rose by four-digit percentages after the launch BONK price has cooled and trades on a descent...
Ripple (XRP/USD) witnessing increased institutional inflows
XRP accumulation intensified in the first week of the year Investors bank on Ripple’s win against the SEC XRP has gained stability above $0.31, and...
South Korean regulators target Bithumb in new probe
South Korea-based cryptocurrency exchange Bithumb is under a “special tax investigation” by the country’s National Tax Service (NTS), according to local reports.On Jan. 10, tax...
Here’s why the FTX Token (FTT) price is soaring
FTT price has gone vertical even as FTX remains a bankrupt company. The rally shows the disconnect between fundamentals and valuation. FTX Token is rising...
Sanctions couldn’t terminate Tornado Cash, says Chainalysis
The decentralised nature of Tornado Cash has made it nearly impossible to put an end to it. Chainalysis revealed that total inflows to the mixer...
Internet service providers in Nepal asked to block crypto-related websites
Nepal’s Telecommunications Authority has instructed all ISPs to block crypto-related websites. The crypto-related activities include websites, apps, and online networks. The nation’s central bank banned...
Nepal regulator orders ISPs to block crypto websites or face the law
Nepal’s telecommunications regulator has ordered the country’s internet service providers (ISPs) to block all cryptocurrency trading websites, threatening legal action against those that fail to...
Decentralization meant sanctions couldn’t ‘pull the plug’ on Tornado Cash: Chainalysis
Sanctions aimed at decentralized crypto mixer Tornado Cash weren’t able to completely cut off its usage, though it has hamstrung the service, a blockchain analytics...