The Bitcoin dollar cost average (DCA) indicator is firmly in “raging” bull market territory, while analysts consider whether its signals are too good to be true. A Bitcoin (BTC) price indicator has flashed green for just the fourth time ever this week in a major warning to bears. In a tweet on Feb. 16, crypto...Continue Reading

While community members are not defending Terra and Do Kwon, they are questioning the manner in which the SEC is going after the company and its founder. Terraform Labs and its founder Do Kwon being in the sights of the United States Securities and Exchange Commission (SEC) have sparked various reactions from lawyers within the...Continue Reading

The Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021. Japan, a nation where foreign stablecoins like USDT are prohibited, plans to begin its central bank digital currency (CBDC) pilot in April 2023. It will aim to include private businesses...Continue Reading

Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies. The Capital Market Authority (CMA), the regulator of Oman’s financial markets, looks to establish a new regulatory framework for the virtual asset industry in the Sultanate. According to a Feb. 14 press release, the new rules would include...Continue Reading

The creditor will be paid by September this year instead of waiting for all the legal processes to be finished. The top Mt. Gox creditor chose to have an early payout in Bitcoin (BTC), deciding against waiting longer for an even larger payment.  Mt. Gox Investment Fund, the largest creditor of the defunct crypto exchange,...Continue Reading

Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform Labs and its co-founder Do Kwon. The United States Securities and Exchange Commission’s (SEC’s) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to taking down other stablecoins, according to...Continue Reading

The regulator said it receives thousands of consumer and investor complaints about possible crypto scams each year, and it appears it’s done something with the information. The Californian Department of Financial Protection and Innovation (DFPI) has launched a new crypto scam tracker to help traders and investors spot possible industry threats. On Feb. 16, the...Continue Reading

A federal judge said there was “probable cause” to believe that SBF engaged in activities that could land him in jail. Former FTX CEO Sam Bankman-Fried could “conceivably” have his bail revoked after a federal judge said there was “probable cause” to believe he may have engaged in attempted witness tampering.  In the Feb. 16...Continue Reading

Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis. Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 2022. A Feb. 16 report from blockchain analytics firm Chainalysis...Continue Reading

Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.” Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD). The...Continue Reading