In the ever-volatile world of cryptocurrencies, Polygon’s native token, MATIC, witnessed a notable price correction, triggering a flurry of activity from significant investors known as “whales.” These investors took advantage of the price decline, splashing a staggering $90 million into acquiring MATIC tokens, indicating a potential trajectory towards a price recovery. Amid recent market fluctuations, MATIC experienced a retracement from […]

In another attempt to expand its business internationally, online trading platform Robinhood has announced plans to launch its stock exchange application in the United Kingdom.  In an interview with Bloomberg, Robinhood co-founder and CEO Vladimir Tenev said that the app has already opened a waitlist for those who want to get early access. The executive added that the company is set […]

Jayson Hobby, the CEO of Compound Labs, has been controversial over an alleged comment letter to the U.S. Securities and Exchange Commission (SEC). The letter in question criticized the proposed BlackRock spot Bitcoin and Ethereum ETFs, citing concerns over hacking vulnerabilities, lack of legal remedies for losses in crypto trading, and issues related to crypto provenance. The controversy began when […]

Ivan Turogin and Sergei Potapenko, co-founders of Bitcoin cloud miner HashFlare, have successfully appealed their extradition from Estonia to the United States, where the two face 18 counts of fraud and money laundering. The Tallinn Circuit Court overturned a lower court’s order on Nov. 29, according to a local press report. According to the United States Justice Department, HashFlare, which […]

Charlie Shrem went from running a small online business to becoming a Bitcoin (BTC) millionaire and making the cover of Forbes magazine. And then he went to prison. In the latest episode of Cointelegraph’s Crypto Stories, Shrem tells the story of how he founded BitInstant, grew it into a multimillion-dollar Bitcoin empire, and then was arrested for his role in […]

The means by which humans communicate and coordinate are ever-evolving. People went from sending smoke signals and messengers on horseback to sending letters and telegrams, and since the dawn of the digital era, the pace of innovation has exploded. Today, hundreds or even thousands of people from around the world can gather in a Twitter Space or Zoom call and […]

The UK government has asked crypto users to declare any unpaid capital gains or income taxes tied to their crypto assets. Those who come forward within a specified timeframe will get a 30-day grace period to fulfill their tax obligations. The UK’s push for clear guidelines and voluntary disclosures is part of a global trend. In a move to boost […]

After showing a strong resistance level at $36,700 bitcoin is set to hit a new milestone. A renowned crypto trader Michaël van de Poppe recently speculated that, if the current momentum persists, Bitcoin could witness a surge to the $45,000-$50,000 range.  BTC To Hit $45-50K  In a recent tweet that created a buzz in the crypto world, Michaël van de […]

Binance, one of the largest crypto exchanges, is teaming up with Gulf Energy Development Pcl, owned by billionaire Sarath Ratanavadi, to launch a new digital asset platform in Thailand. The joint venture has received the necessary licenses, but Binance’s recent guilty plea and $4.3 billion in penalties for violating US anti-money laundering and sanctions laws have raised concerns. Regulatory Scrutiny […]