OKEx to Exit South Korea Amid Stringent AML Regulations
OKEx Korea declared that it's ceasing its operations in South Korea as authorities plan to implement a new regulatory framework for the crypto
Crypto News
Crypto News
Acer Faces $50M Ransom Demand After Ransomware Attack Exploiting Microsoft Exchange Vulnerability
A hacking group, REvil is demanding $50 million from Acer in Monero as it penetrates Acer's servers via a Microsoft Exchange vulnerability.
Crypto News
Federal Reserve Chair Jerome Powell Compares Bitcoin to Gold, Impacting Market Sentiment
The U.S. Fed Reserve Chairman Jerome Powell states that Bitcoin can replace Gold. However, it cannot substitute the U.S. Dollar.
Crypto News
Pakistan’s Khyber Pakhtunkhwa to Develop Hydroelectric-Powered Crypto Mining Farms
The Pakistani province of Khyber Pakhtunkhwa will build two pilot hydroelectric-powered cryptocurrency mining firms as part of a new policy.
Crypto News
E&Y Launches Tax Calculator to Simplify Crypto Tax Reporting
Ernst & Young LLP has unveiled a Tax Calculator solution to tackle a surge in tax audits that have targeted individuals trading cryptocurrency.
Crypto News
Morgan Stanley Becomes First Major U.S. Bank to Offer Bitcoin Funds to Wealth Management Clients
Morgan Stanley will offer exposure to Bitcoin through three funds to millionaire clients. The three funds involve Galaxy Digital funds and FS NYDIG
Crypto News
Grayscale Investments Launches Five New Altcoin Trust Funds for Institutional Investors
Grayscale Investments LLC., a crypto asset management company, has declared the launch of five new altcoin investment trusts.
Crypto News
Mike Novogratz Reaffirms Bullish Stance on Bitcoin, Acquires More BTC at $56,500
Mike Novogratz, the CEO of Galaxy Digital, announced that he had expanded his Bitcoin portfolio by purchasing the asset at $56,500.
Crypto News
Legendary Investor Howard Marks Revises His Stance on Bitcoin, Recognizes Its Growing Demand
Billionaire Howard Marks has changed his opinion regarding Bitcoin as he advocates BTC is better than an emerging-market currency.
Crypto News
Coinbase Pro Lists Cardano (ADA), Triggering 20% Surge and Boosting Market Cap
Cardano (ADA) will be available on Coinbase Pro starting from March 18. It presently supports only withdrawals to Shelley addresses.