The Seoul High Court Civil Division has reportedly ruled that Bitcoin should not be treated as money.  As such, the primary cryptocurrency is not subject to the local lending business legislation, and interest rate rules “don’t apply” to it. Limitation is Impossible According to recent coverage, South Korea’s magistrates came up …

The authorities of Montenegro reportedly consider extending Do Kwon’s custody in the country for another six months before taking an official decision on his possible extradition. The homeland of Terraform Labs’ co-founder – South Korea – and the world’s biggest economy – the United States of America – have both …

The indicator that displays the general sentiment toward bitcoin – the BTC Fear and Greed Index – dropped to “Fear” territory on June 13 and June 14. The last time the metric remained in that zone for two consecutive days was in the first half of March. One possible reason …

The American businessman, philanthropist, and television personality – Mark Cuban – lambasted the United States Securities and Exchange Commission (SEC) for providing misleading guidance regarding which digital currencies could categorize as securities.  The agency has not been kind to the crypto sector and recently filed lawsuits against two of the …

Research carried out by contributors of the Toronto Metropolitan University (TMU) estimated that 35% of Canadians owning digital assets had fallen victim to crypto fraud. The study further determined that approximately 9% of the locals have purchased cryptocurrencies or NFTs, with the share being higher among individuals who graduated from …

Dan Sunghan – Director of the Financial Crime Investigation Bureau at the Seoul Southern District Prosecution Service – claimed that the former crypto mogul Do Kwon had moved nearly $30 million in digital currencies to an unknown wallet shortly after his arrest in Montenegro. The 31-year-old South Korean has faced …

Cryptocurrency mining has been a hot topic for everyone ever since digital currencies ventured into the mainstream. However, to be profitable, it can also be very cost-heavy, and the upfront expenses of setting up a mining rig, or multiple mining rigs, can be quite high and easily go into the …

The Presidential elections in Turkey (May 14) could have a pivotal role in the country’s future financial condition. They could also affect the local cryptocurrency industry since the two leading candidates – Recep Erdogan (the current political leader) and Kemal Kilicdaroglu – share entirely different views.  The former declared “war” …

The leading cryptocurrency exchange Coinbase announced the launch of a Bermuda-based marketplace that will serve non-US institutional users, according to a recent report.  The company has been eyeing other countries to relocate recently due to the regulatory hurdles in America. CEO Brian Armstrong held discussions with the authorities of Britain …

The Kingdom of Bhutan – a landlocked country situated in the Eastern Himalayas – has reportedly used its renewable sources of energy to run a bitcoin mining operation for years. A government representative said the process started when BTC was worth around $5,000. It is worth noting that the primary …

The fact is that ever since crypto exists, there has been a load of myths shrouding the space. The truth is that many of them couldn’t be further from the truth, and it’s important to provide some clarity to the matter, especially now that global regulators have their sights locked …

The field of Web3 has advanced by leaps and bounds over the past year, and we see more and more well-known brands jump on that ship. From financial behemoths to fashion icons and flagship names, many companies are dipping their toes in the metaverse, and the trend is bound to …