Bitget Claims Debt Freedom After Reserving $1.44B in Crypto
Bitget Crypto Exchange Reaches 223% Proof-of-Reserves Ratio Crypto exchange Bitget recently announced that its total proof-of-reserves ratio has reached 223%. The reserve stands at $1.44 billion, spread across 31 different…
FTC Fines Celsius Network $4.7B Over Crypto Complaints
Celsius Network Fined by FTC The United States Federal Trade Commission (FTC) has issued a $4.7-billion fine against the now-bankrupt crypto lender Celsius Network. However, the judgement will be suspended…
US SEC Lawsuit Against Celsius and Alex Mashinsky and the Benefits of Web 3.0 Crypto
Celsius Network Collapse and SEC Action The United States Securities and Exchange Commission (SEC) has taken action against Celsius Network, one of the crypto lending firms that collapsed in 2022….
Exploring the Process of Setting Up a Business in Switzerland with Bitcoin
Crypto Adoption in Lugano, Switzerland Switzerland is well-known for its banking prowess, but the country is also gradually welcoming those who want to use Bitcoin (BTC) as an alternative form…
Unravelling the Impact of Bitcoin Halving on Price and Market Sentiment
Bitcoin (BTC), the pioneering cryptocurrency that sparked a global revolution in digital assets, operates on a unique monetary policy. One of the defining features of Bitcoin is its halving event,…
Unlocking the Potential of Web 3.0 with Telegram Wallet Bot
What is Web 3.0 and its Examples The cryptocurrency payment industry continues to develop, with Telegram messenger now offering a new cryptocurrency payment option. Wallet, a Telegram bot, has launched…
What’s the Latest on AI and Crypto?
The U.S. dollar has dropped to three-month lows, and as a result, Bitcoin (BTC) may experience a “parabolic curve”. This was suggested by Moustache, a well-known trader, in a tweet…
Bloomberg Crypto ETF to Launch in 2023 After Year-Long Delay
The Jacobi Bitcoin ETF Europe’s first Bitcoin (BTC) exchange-traded fund (ETF) is set to launch in the near future, after a period of delay due to market conditions. Jacobi Asset…
Crypto.com Spends $400 Million on European Acquisition
FTX Spent $400 Million on Acquisition of DAAG The legal team trying to recover funds from the now-defunct crypto exchange FTX is alleging that the company spent nearly $400 million…
How Zero-Knowledge Proofs Are Revolutionizing Ethereum Scaling in 2023
Scaling Protocols and ZK-Rollups The use of zero-knowledge rollups (ZK-rollups) for scaling protocols has been a major focus in the cryptocurrency space, with launches of new projects, research and healthy…