A Complete Guide on Cryptocurrency Security

Since Bitcoin introduction, cryptocurrency has become a hype globally. Bitcoin and Ethereum are the two top cryptocurrencies in which you can invest. It has become a popular option for people for investments. It accumulates around 300 million users from almost 150 countries. More than 700 cryptocurrencies have been introduced till now. Nonetheless, it is not … Read more

Automating Crypto Accounting Tasks: EU Bill on Cryptocurrency Markets

Shrapnel Collaborates with Bitwave EU’s Scheduled Debate for Crypto Assets Shrapnel Collaborates with Bitwave To assist the Web3 Game Studio optimize its monetary transactions, Bitwave, a digitized asset management system geared toward businesses and centered on addressing the convergence of crypto taxes, accountancy, and regulation, has announced its partnership with Shrapnel. The triple-A-rated web3 games … Read more

CRA Utilizes Blockchain Technology to Foster Qatar’s Digital Reforms

The blueprint details the regulations governing projects utilizing blockchain technology in Qatar. The Communications Regulatory Authority has launched the Qatar National Blockchain Blueprint in collaboration with Qatar University and Hamad Bin Khalifa University. The major target of this development is to create a robust regulatory framework for blockchain innovation, which will act as the pillar … Read more

Will FDIC Stop Attacking Crypto Legit Firms, As Urged By Congressman?

Last week, news about the closure of two top crypto-friendly banks, ie. Silvergate Bank and Signature Bank spread like bushfire leaving Crypto enthusiasts abandoned and helpless. The FDIC officers and the Fed claim to have decided to close Signature Bank to help stop the infection from diffusing. Tom Emmer, who is a Congressman, wrote a … Read more

Significant Milestones as Innovative Changes Transpire – Market Outlook

National Australia Bank (NAB) Carries Out the First International Stablecoin Transfer TrueFi’s (TRU) Value Increases and Declines as a Result of Binance CEO’s Tweet NAB Carries Out the First International Stablecoin Transfer The National Australia Bank (NAB) became the first significant financial institution to complete a cross-border stablecoin transfer on layer one blockchain. For the … Read more

Signature Bank Ends Operations

New York authorities have ended operations of the Signature Bank, one of the major crypto sector banks. This event marks the third instance of a US bank failing within a week. In a joint statement, Federal Deposit Insurance Corporation Chair, US Treasury Secretary, and Federal Reserve Board Chair purported that all Signature Bank customers would … Read more

Coinbase Takes A Firm Stance Against Staking Services, Ignores Pressure From US SEC

In recent months, the US Securities and Exchange Commission (SEC) has become very aggressive against cryptocurrency firms. Most importantly, it has become extremely aggressive against the staking and lending services offered by cryptocurrency firms to the US locals. The regulator has continued targeting several firms from the cryptocurrency industry that have offered lending/staking services to … Read more

Budget Proposed By Biden Suggests Crypto Miners Will Be Taxed In US

Since the advent of the cryptocurrency industry, the government and the regulators of the United States have tried hard to pressurize the crypto industry. Whether it is the crypto firms, mining firms, NFT marketplaces, or any other segments within the crypto-verse, the US regulators want to ban all of them. However, the US administration and … Read more

Crypto Firms Accused Of Using Shell Entities To Secure Banking Service

Towards the end of 2018, the organizations behind the world’s most extensively traded cryptocurrency, Thether, encountered challenges in retaining their access to the global banking network. As per records, a few of their supporters resorted to dubious intermediaries, forged documentation, and sham corporations to regain entry. Notably, one such intermediary, a significant tether dealer in … Read more