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The firm reportedly owes $500 million to about 200 creditors and has assets that are valued between $100 million and $500 million.

The upgrade's full functionality will not be available to developers until Sept. 27.

Matt Hancock announced during Zebu Live that HMRC needs to take a growth-maximizing mindset by lowering taxes to foster innovation within crypto

The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.

Binance launches Global Advisory Board to support responsible regulation of crypto, Russia's regulators agree to allow crypto use in international payments and much more in this edition of CryptoSlate Wrapped Daily.

The bill will strengthen the country's image as a place for legitimate businesses to thrive while driving out dirty money.

Russia apex bank and its finance ministry had previously held opposing views on the use of crypto.

Whales are considered smart money within the Bitcoin ecosystem since they have managed to hold through almost every bear market cycle.

Wall Street Journal reported that Coinbase created a trading group that used $100 million of its funds to trade cryptocurrencies.

Temasek, SoftBank, and Tiger Global are among existing investors who have agreed to fund FTX in the upcoming round.

The Indian government is working on levying an 18% to 28% GST tax on crypto as they work on determining the asset's legal status in the country.

A web3 gaming console with mining capabilities will be released in early 2023 to onboard new users into the blockchain gaming space

CZ said that the GAB reflects Binance’s commitment to build trust with regulators as they work towards responsible regulation of the crypto industry.

The Helium Mobile project would be targeted at dead 5G spots in the U.S. for the wireless network users.

In 2020, North Korea implemented a system where authorities started seizing assets of delinquents and selling them if taxes remained unpaid.

Due to the economic crisis in the country, all banks in Lebanon closed indefinitely starting from Sept. 22.