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Cryptocurrency exchange Coinbase Global Inc. has reported a fifth consecutive quarter of losses, with a net loss of $79 million in the first quarter of 2023. However, the result was better than expected, beating analysts’ predictions of a…

Binance has announced that it will list Pepe Coin (PEPE) and Floki Inu (FLOKI) in its innovation zone. This was the main driver behind today’s rally of these two memecoins. Additionally, Crypto.com, one of the biggest cryptocurrency…

BitFlyer USA, a cryptocurrency exchange, was recently fined $1.2 million by the New York State Department of Financial Services (NYDFS) for violating cybersecurity regulations. This penalty is a stark reminder that the NYDFS is the primary…

Coinbase launches the Coinbase International Exchange (CIE) for crypto derivatives trading amid increased regulatory pressure in the US. As the cryptocurrency industry encounters increased regulatory scrutiny in the United States, Coinbase,…

Digital banking platform Revolut has announced its entrance into the Latin American market. With this debut, Revolut announced the launch of multi-currency accounts and crypto and Bitcoin investment services in Brazil. The move marks the…

In a recent turn of events, CZ Binance, CEO of the world’s largest cryptocurrency exchange, Binance, called out Justin Sun, the founder of TRON, on Twitter. This exchange of words came after Sun transferred $56 million worth of TUSD to…

Former NSA contractor Edward Snowden recently spoke at Consensus 2023 about the latest developments in artificial intelligence (AI) and its potential for both human flourishing and greater surveillance. While acknowledging the risks and…

Mastercard actively seeks new crypto partnerships, expanding crypto-linked payment card offerings despite increased regulatory scrutiny and bank caution. Mastercard is embracing the world of cryptocurrencies by actively pursuing new…

The Securities Futures Commission (SFC) of Hong Kong is taking a significant step towards establishing the region as a crypto hub. Recently, they unveiled plans to release cryptocurrency exchange licensing guidelines in May 2023. These…

UK HM Revenue and Customs proposes changes to DeFi lending and staking tax treatment to reduce risks and administrative burden. The United Kingdom’s tax authority, HM Revenue and Customs (HMRC), proposed changes to the tax treatment of…