Taiwan establishes association to help crypto firms self regulate

The Venezuelan army turns to crypto mining as the country's economy collapses. 2125 Total views 21 Total shares The regime of Nicolás Maduro continues to lean on crypto to keep economically solvent.Via Instagram, an engineering brigade of the Venezuelan army inaugurated the new "Digital Assets Production Center of the Bolivarian Army of Venezuela." As the…

Bitcoin (BTC) traders are pinpointing the order books of major exchanges that show the $19,500 level is a near-term resistance level. Bitcoin rejects $19,500 for nowOn Nov. 25, Bitcoin price was rejected at $19,500 with a relatively large volume across top spot exchanges. On Binance, for example, BTC price hit $19,484 before seeing a slight…

Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance coverage. 227 Total views 2 Total shares Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance policy for institutional customers — a move the company said would incentivize banks…

Puerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum capital requirements. As a result, customers lost access to their accounts following a subsequent freeze. 607 Total views 3 Total shares Prominent economist Peter Schiff, who is well-known in the community for his anti-crypto sentiments, had his bank shut down by Puerto…

Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance. As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem.The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a mobile payments app which connects to…

Roche Cyrulnik Freedman LLP, working with Selendy & Gay PLLC, filed 11 class-action lawsuits on April 3 in the Southern District of New York against seven token issuers and four of the world's largest cryptocurrency exchanges.The sweeping filings name exchange giants Binance, Bibox, BitMEX and KuCoin as defendants, along with Block.one, the Tron Foundation, the…

Cryptocurrency exchange Binance has launched a collection of educational content comprising almost 500 articles in order to provide “unbiased” information about crypto and blockchain, a press release confirmed Dec. 12.Binance, which regularly tops the list of the world’s largest exchanges by volume traded, will initially support 15 languages via the project.The launch and development is…

Uniswap and SushiSwap have emerged as two of the top decentralized exchanges (DEXs) that are leading the current DeFi bull run higher.Despite a controversial start for SushiSwap, the last few months have seen it catching up to Uniswap in terms of activity on the platform, total value locked, and the price of its SUSHI governance…