Latest Market News

North American HUT 8 Mining purchase 12000 New MicroBT miners
Purchase of New MicroBT miners for deployment by the end of Q4 2021

Coinbase Will Pay its Users 4% APY For Holding USDC
On USDC, users can earn interest with a rate of more than 50x the national average of traditional saving account…

Argo Blockchain secured A $20M Loan From Galaxy DigitalHQ
Argo blockchain has secured a loan worth £14 million from Galaxy Digital. to expand their West Texas data center.

German Regulator BaFin Permits Coinbase Licence For Crypto Custody
The licence will allow Coinbase to provide service in The German market.

Binance Suspends Fiat Ramp For UK Users Due To Regulatory Crackdown
Binance Faster Payments is no longer available for UK customers amid increasing regulatory pressure.

Crypto Exchange Africrypt founders Disappeared With $3.6B in Bitcoins
Africa's largest cryptocurrency exchange Africrypts' founders disaper with 69000 bitcoins wort $3.6billion

BIS: CBDC an Opportunity for Monetary Systems
BIS: CBDC is an opportunity for monetary systems as it offers unique features of central bank money settlement finality, liquidity,…

South Korea Seized $47M Worth Of Crypto For Back Taxes
South Korea seized more than $47M (53 billion won) in crypto for back taxes from 12,000 people accused of tax…

Bank of Israel to Use Ethereum tech for Digital Shekel
Bank of Israel would use Ethereum tech for its CBDC pilot program digital shekel which aims to make the payment…

ZebPay Will Join IndiaTech in Proposing a Regulatory Framework for Crypto in India
ZebPay wishes to join IndianTech, an organization which published a whitepaper for crypto regulatory framework in India.

Canadian Regulator Adds Bybit to Crypto Exchange Crackdown
OSC has issued a notice against Bybit regarding crypto exchange allegedly “flouting” Canadian securities law.

Amber Group, A Crypto Finance Firm Valued At $1 Billion
Amber Group, A Crypto Finance and services providing Firm gets Valued At $1Billion by raising $100 million in its Series…

Central Bank of Portugal Grants Operating License to Crypto Exchanges
The Central Bank of Portugal announced Criptoloja and Mind the Coin as “Virtual asset service providers."

Mark Cuban Calls For Defi Regulation After Iron Titanium Token Crashed
Iron Titanium Token crashed as whale accounts unloaded their shares and triggered panic selling.

Valour Signed LOI With Arcane Crypto To List An Exchange-Traded Product (ETP)
ETP will be base on Arcane cryptocurrency fund allowing investors to buy and sell the product.

Indian Government Brings Crypto Ban Bill Under Review
Authorities in India are reportedly weighing up options concerning crypto regulations in the country.

Goldman Sachs Expand in Crypto Trading With a Plan for Ether Options
In upcoming month, Goldman Sachs plans to offer Ethereum options and futures trading

Thailand SEC Restricts Trading of NFTs, Meme Coins and Fan Tokens
Token will be delisted in Thailand from June 11 onwards

Manhattan Solar Plans Gigawatt Renewable Crypto Data Center
Manhattan Solar Partners plan to open a renewable-powered crypto mining center in Texas launching in the end of 2021.

Leading Crypto Exchanges are Exploring Ways to Enter India Despite a Potential Ban
Four sources who declined to identified Kraken, Bitfinex, Kucoin are actively souting the market.

Chinese Crypto Traders Turn To OTC Platforms Despite Regulatory Scrutiny
OTC platforms make it hard for Beijing to track or ban trading

Texas Bitcoin Bill HB4474 Gets Senate Approval
Texas Senate approves Bitcoin bill with 9-0 voting in favor.

South African Reserve Bank Begins Research On Retail-Focused Digital Currency
First to trail digital currency as part of the Project Khokha.

The Fed, OCC, And FDIC Considering “Interagency Policy Sprint Team” For Crypto Regulation
Joint Effort to create a united framework and definition for cryptocurrency is already progress involving the OCC, Fed, and FDIC.…

Indian Government Report Considering Crypto Regulation Instead Of Ban
Government of India set up a new panel to study crypto regulation.

China Bans Financial Institutions Providing Crypto-Related Services
Bans such as institutions, including banks, online payment channels must not offer any services involving cryptocurrency.

To Indian Crypto Covid Relief Fund Vitalik Buterin Donates Over $1.2 Billion
Buterin donated 50 trillion Shiba Inu token and 500 ETH to crypto relief fund.

New York Bill Aims To Halt Crypto Mining For Three Years Until Can Assess Its Environmental Impact
Bill would specifically look into greenhouse gas emission caused by bitcoin mining.

European Regulators Examine Crypto Exchange Binance’s Foray Into Equities
Binance ‘s Tesla and Coinbase stock tokens are under scrutiny from the EU regulators .

India May Not Ban Cryptocurrency And Regulate It Soon
Indian Finance Minister Nirmala Sitharaman said in an interview that reports of a blanket ban on cryptocurrencies were an excessive…