Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent enforcement action by the U.S. Securities and Exchange Commission (SEC) against Kwon, the South Korean court…
Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors
April 25, 2023
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of…
Standard Chartered says crypto winter has ended and the price of bitcoin could reach $100K per coin by the end of next year. The global bank’s analyst has identified several factors contributing to the surge in the price of the cryptocurrency, including the recent turmoil…
MyEListing, With Help from Coinbase Commerce, Creates the World’s First Place to Buy and Sell US Real Estate With Crypto
April 24, 2023
press release
PRESS RELEASE. Austin, TX – , a free commercial real estate listings and data platform, has partnered with Millennial Title, and Championship Title to create a marketplace where anyone in the world can buy and sell US residential & commercial real estate with crypto via an integration with Coinbase Commerce, and close within one business day.
The initiative is called the .
Bitcoin, Ethereum Technical Analysis: BTC on Brink of ‘Death Cross’ on Moving Average Trendline
April 24, 2023
Bitcoin started the week on the brink of a downwards crossover of two key moving average trend lines, which could signal an upcoming price drop. The 10-day and 25-day moving average look set to cross, potentially leading to a breakout of the $27,000 level. Ethereum is…
Litecoin rose marginally higher to start the week, despite cryptocurrency markets mostly trading lower on Monday. The global crypto market cap is down 0.15% at the time of writing, as volatility remains high. Chainlink also moved higher in today’s session.
Litecoin…
A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the U.S. last year.
Oregon Court Sentences Russian for Processing Ryuk Payments
A Russian national accused of money laundering…
Report: US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents Abroad
April 24, 2023
The Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the use of crypto and decentralized finance products in global financial and tax crimes. According to the tax collector’s spokesperson, the IRS will be…
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from…
In the midst of a turbulent week for the crypto market, non-fungible token (NFT) sales have shown resilience, experiencing a surge of 7.74% in weekly sales, totaling $181.82 million. Data also reveals that there has been an increase of 41% in NFT buyers over the course of the week, surpassing the number of buyers recorded in the previous week.
Despite Crypto Market Drop, NFT Sales Increase by…
