Trading
Crime
Turkey wants crypto scammer jailed for life
The founder and CEO of Thodex exchange has been on the run since last year after his firm was discovered to have perpetrated a fraud.
Analysis
VanEck predicts Bitcoin would be worth at least $1.3 million if considered global reserve currency
Bitcoin value would be between $1.3 million to $4.8 million if it becomes the global reserve currency, according to VanEck
NFTs
Did a billionaire’s son buy NFTs on insider knowledge?
Arnault made a bid on five of the ten rarest HypeBear NFTs and won three of those bids.
NFTs
China’s strict crypto policy continues as WeChat bans NFT accounts
Chinese official had previously stated that the NFT space was dominated by hype and urged government to regulate the space.
Regulation
U.S. warns crypto firms against helping Russia: “We will hold you accountable”
Authorities in the US appears convinced that Russia could use cryptocurrencies to evade sanctions.
Culture
Crypto community attacks Greenpeace Bitcoin demands to migrate to PoS
A move into PoS network would place Bitcoin in the hands of the wealthy and make it less decentralized.
Crime
Study: iPhone and Android users at the risk of losing their crypto through fake apps
Malicious players now use fake websites with ads placed on legitimate sites to distribute their malicious apps.
NFTs
After months of rumors, Solana NFTs will be coming to OpenSea
The increased competition within the NFT marketplace left OpenSea with no choice than to integrate Solana NFTs to its platform.
Investments
Regulators concerned about retail investors’ involvement with “complex crypto products”
The federal agency is compelling its members to educate its clients about the rewards and risks attached to each investment choice.
NFTs
A Bored Ape and Mutant Ape NFT was sold for less than $150 combined
Members of the crypto community are trying to make sense of what led to the sale of these NFTs for those prices.
Taxes
President Biden eyes $5 billion revenue from crypto in 2023
US Treasury Department is specifically targeting the crypto industry because it can be used to evade taxes.
Analysis
Bitcoin acts as an inflation hedge, rises by 35% since start of the Russian-Ukraine war
Crypto analysts have opined that the current price performance of Bitcoin makes it hard for anyone to be bearish.
