press release PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE – the DMCC free zone and IFZA…
The former FTX CEO’s legal team argued that, although SBF had entered a not-guilty plea, he did not acknowledge the new charges, which included bribing a Chines… Source: https://cointelegraph.com/public/index.php/news/sam-bankman-fried-pleads-not-guilty-to-bribery-charges-from-superseding-indictment
Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing. As for LINK, chainlink bulls have so far failed to break out of a key resistance point.…
The United States Federal Reserve has been “too heavy-handed” in taming inflation, says pro-Bitcoin (BTC) Tesla and Twitter CEO Elon Musk. In a Twitter debate on March 29, Musk directly criticized U.S. macroeconomic policy, including “excess government spending.” Musk: Fed policy is “serious issue” Bitcoin and crypto markets remain extremely sensitive to Fed cues on interest rate policy. Despite inflation…
Hardware wallet provider Ledger has raised 100 million euros ($109 million) in a Series C funding round extension, placing its valuation at 1.3 billion euros ($1.4 billion), in line with its previous funding in June 2021, Bloomberg reported on March 30. The funding is the first of three investment rounds. As per the report, a second closing is due in…
Crypto exchange Kraken has filed a preregistration undertaking with the Ontario Securities Commission in Canada seeking restricted dealer status. U.S.-based Kraken is already active in Canada and is acting to comply with new guidance. Kraken is registered in Canada as a money services business and has been operating there for over ten years. The Canadian Securities Administrators (CSA) implemented new…
The Giving Block reported that USDC accounted for 44% of the crypto donation volume on its platform in the last year, followed by ETH (24%) and BTC (17%). Source: https://cointelegraph.com/public/index.php/news/crypto-donations-to-surpass-10b-in-a-decade-the-giving-block
Lawyers for former FTX chief executive officer Sam Bankman-Fried have entered a not guilty plea for five additional charges since his December 2022 arraignment, including allegations of bribery. According to multiple reports, Bankman-Fried pleaded not guilty in United States District Court for the Southern District of New York to four charges added as part of a superseding indictment in February,…
On Jan. 26, a Medium article revealed that an entity with control over multiple Ethereum addresses had consistently purchased cryptocurrencies prior to their listing on Binance, selling them for a million-dollar profit after the event. The article refers to 16 cases from an on-chain analysis perspective, demonstrating how the mysterious entity was aware of Binance listings several days in advance,…
The Justices of the Supreme Court of Denmark have handed down two judgements on whether the sale of Bitcoin under certain circumstances qualifies as a taxable event. In a March 30 notice, Denmark’s Supreme Court said a party who gained profits from selling Bitcoin (BTC) acquired through several purchases and donations was required to report the sale as a taxable…
