The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested. The commission in charge of regulating registered charities in England and Wales has announced it had begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchange FTX....Continue Reading

Bitcoin bulls are getting a rain check on gains with BTC price action retracing its weekend progress. Bitcoin (BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price sees flash dip below $23,000 Data from Cointelegraph...Continue Reading

Cointelegraph Innovation Circle member Steve Talbot, himself a former freelance internet marketer, is using blockchain to offer freelancers a more equitable marketplace. Over a decade ago, the cofounders of TopIQs were freelance internet marketers dealing with many of the frustrations that still irk freelancers today. They invested significant time pitching, landing and completing projects for...Continue Reading

As blockchain gets ready for enterprise adoption, companies and projects must adapt to the rhythm and motion of enterprises. Blockchain technology has created a new avenue to reconfigure the vision for the future of the internet. Data on the internet generated by individuals, organizations and other users are controlled by centralized entities, with a significant...Continue Reading

As decentralized finance continues to become more mainstream, traditional financial tools can serve as a bridge from Web2 to Web3 for those who still remain skeptical. Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has become, many are...Continue Reading

The Central American country of Guatemala is getting inked on the path to greater Bitcoin merchant adoption. Bitcoin (BTC) use in Guatemala is on the up. The Latin American country that borders El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake, and now, free BTC tattoos....Continue Reading

Binance says it has already unblocked 90% of crypto accounts that were suspended due to the Bitzlato investigation. Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation, according to several users. On Jan. 18, a group of Russian-speaking Binance clients complained about blocked accounts and...Continue Reading

As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of US dollars. As Bitcoin (BTC) shows a minor bull run, the connected sub-ecosystems’ year-long struggle for survival has started to pay off. For starters, the Bitcoin mining community experienced a 50% increase in revenue —...Continue Reading

Circle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation. USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than $44.5 billion worth of tokens currently in circulation. Circle’s December 2022 reserve report, which was reviewed...Continue Reading

Luxury brand Hermès filed a suit against digital artist Mason Rothschild after the artist released his Metabirkins NFT collection depicting the company’s Birkin bag product without permission. The trademark infringement trial between French luxury brand Hermès and digital artist Mason Rothschild is set to go ahead on Jan. 30 in a Manhattan federal court. The...Continue Reading