Korean police seize crypto for unpaid traffic fines in trial
Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations. A South Korean town near…
Solana wallet fires up the grill to burn spam NFTs out of existence
The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers. Solana-based wallet provider Phantom has launched a new burn feature…
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
“For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition,” says CEO Charles Émond. According to local news…
3 strategies investors might use to trade the upcoming Ethereum Merge
Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider. The Ethereum network’s long-awaited transition…
Senator asks FDIC about allegations it discourages bank relations with crypto companies
Sen. Pat Toomey says he has information from whistleblowers that the FDIC without a legal basis is discouraging banks from dealing with companies with crypto links. Pat Toomey, ranking member…
‘There’s a lot less land to go around’ — why White Rock established off-the-grid mining in Texas
“The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Texas with some diversified…
European Central Bank addresses guidance on licensing of digital assets
Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies. The European Central Bank, or ECB, laid the…
Fed adds a new layer of bureaucracy for US banks engaging in crypto asset activities
The U.S. Federal Reserve Board has issued new instructions for banks engaging in crypto asset activities that include running their plans past their Fed supervisor. The United States Federal Reserve…
BTC Bears Could Demolish $23,000 Support as Tamadoge Corrects Upward
The Bitcoin price prediction shows that BTC Bears are trading below the moving averages as the coin touches $23,180 support. Bitcoin Prediction Statistics Data: Bitcoin price now – $23,375 Bitcoin…
Former Goldman Sachs asset manager says Wall Street does not understand Bitcoin
John Haar, a former asset manager at Goldman Sachs, has explained why Wall Street failed to embrace Bitcoin fully. Haar is currently the managing director of Private Client Services at…
Houston Texans to sell game suite for digital assets after BitWallet partnership
Houston Texans have secured a partnership deal with crypto firm BitWallet, allowing the National Football League (NFL) team to sell single-game suites for crypto. BitWallet is the official crypto wallet…
Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput
On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away.…
Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently
On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following…
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic…
PIXXSTASY Is Changing the NFT Market
PRESS RELEASE. PIXXSTASY, a charity project for drug prevention and rehabilitation, is redefining the NFT market. The organization will sell 399 limited edition NFTs this year and use the proceeds…