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South Korean Government to Implement Tracking for Cryptocurrency Transactions
South Korean Government is looking to increase its oversight of the cryptocurrency market by tracking and monitoring transactions to cut down on crypto-enabled crime. Keeping an Eye on Investors Earlier this week, Asian cryptocurrency news source Wu Blockchain reported that... -
White House Urges Congress To Take A Closer Look At Cryptocurrency Regulations
Joe Biden's presidency has pushed the US Congress to give regulators more authority over the cryptocurrency market. A statement titled The Administrations Roadmap to Mitigate Cryptocurrencies' Risks was released by four senior White House officials. Congress was advised to increase... -
Amazon to Report Q4 2022 Earnings This Week: Here’s What the Markets Expect
We are now in the busiest week of this earnings season and almost a fifth of S&P 500 constituents including heavyweights like Apple, Amazon, and Alphabet would release their earnings this week. Here’s what markets expect from Amazon’s (NYSE: AMZN)... -
Crypto Trading Firm Sees Incoming Influx of Institutional Investors
With institutional adoption of cryptocurrencies always seen as a solid sign for the market, their re-entry into the crypto market is sure to bolster the prices of assets. Big Money Enters the Market Markus Thielen, the head of research and... -
Sam Bankman-Fried Funds Modulo Capital To The Tune Of $400 Million
According to media reports, Sam Bankman-Fried (SBF), a disgraced former FTX CEO, sent $400 million to Modulo Capital, a little-known cryptocurrency hedge fund run by a former Jane Street trader. Modulo was founded in March 2022 before being the recipient... -
The Justice Department Has Stopped a Major Ransomware Gang’s Website – Here’s What Happened
The US Department of Justice (DOJ) took action and shut down the website of a well-known ransomware gang on January 26. This group frequently targets hospitals and other healthcare facilities and had been responsible for ransomware attacks on over 1,500... -
FTX Creditor List Reveals Big Names Across Multiple Industries With Ties to Embattled Exchange
As the fallout from the FTX saga continues to unfold, new details about the company and its web of partners are being released almost daily. In the latest round of revelations, some of the now-defunct exchange’s investors have been brought... -
Tesla Beats Q4 2022 Earnings Estimates: Key Takeaways
Tesla (NYSE: TSLA) is trading higher in US premarket price action today after it reported better-than-expected earnings for the fourth quarter of 2022. Here are the key takeaways from the company’s earnings. Tesla reported revenues of $24.32 billion in Q4... -
Did FTX Actually Pay $43 Million To Fund A FUD Campaign Against Binance?
Changpeng Zhao, the CEO of Binance, recently claimed on Twitter that FTX had paid $43 million to support a FUD campaign against the exchange. FUD, which stands for fear, uncertainty, and doubt, is typically intentionally evoked to disadvantage a rival.... -
Crypto Gaming: Advantages and Taxation Regulations
Cryptocurrency is a digital or virtual currency that uses cryptography for security and is decentralized, meaning any government or financial institution does not control it. It is based on a decentralized ledger technology called blockchain, which allows for the secure...