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Analysts bullish on bitcoin1

Crypto industry pushed to bank with institutional investors

Crypto YouTuber Lark Davis points to several significant events have been unfolding in the cryptocurrency space, and how big banks are entering the space. Among these developments are MicroStrategy’s additional bitcoin purchase, the launch of the first zero-knowledge proof Ethereum virtual machines, MetaMask’s new sign-in feature, and the Nasdaq stock exchange’s plan to introduce crypto […]
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“Crypto king” kidnapped and tortured after scamming investors off $29m

Aiden Pleterski, a 23-year old “crypto prodigy, was abducted and tortured after reportedly scamming investors off $29m. Pleterski, a crypto king, abducted and tortured On Mar. 26, it was reported that after Pleterski scammed investors, he proceeded to splash $12m on, among other things, fast cars, a luxury vacation, and financing a lavish lifestyle. Pleterski is going […]
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Hong Kong SFC debates allowing retail investors to invest in crypto

The Hong Kong Securities and Futures Commission (SFC) is holding discussions over a proposal to allow retail investors to invest in cryptocurrency.  The SFC has launched a consultation paper outlining the potential risks and benefits of allowing retail crypto investments. The proposal aims to provide investors greater access to digital assets while ensuring appropriate investor […]
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Edinburgh reforms give hope to crypto investors 

Lawmakers in Edinburgh, Scotland, are making concerted efforts to unlock the different investment and growth opportunities in the crypto sector. The authorities hope that having a regulatory framework will protect crypto consumer interests and consolidate confidence in the industry.  The Financial Services and Markets (FSM) Bill has captured the current reforms for safeguarding crypto investors. […]
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US Regulations 2

CFTC commissioner questions FTX institutional investors’ due diligence

The Commodity Futures Trading Commission (CFTC) commissioner, Christy Goldsmith Romero, has questioned the diligence of FTX’s Venture Capitals, given that they did not provide any oversight even with the staggering levels of the now-bankrupt exchange’s poor and unskilled management. Romero’s tough questions Speaking to Bloomberg, the commissioner raised serious questions regarding the investors’ frame of mind […]
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Top five CeFi in India

Indian crypto industry calls for tax cuts amid investors’ exodus

India’s local crypto institutions have collectively demanded tax reliefs on crypto investments as investors flocked to foreign exchanges following the unfavorable tax policies imposed on digital asset investments. The local industry is calling on authorities to reduce the TDS rate from the current 1% to 0.1%-0.001% and allow loss offsets. Indian investors flock to international […]
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BitMEX Co Founder Delo Gets 30 Months Probation Avoids Jail Time

Top V Global executives jailed by South Korea authorities for defrauding investors

South Korea authorities recently sentenced top executives of V Global, a cryptocurrency exchange, for defrauding investors. Mr.Yang and Mr. Oh were sentenced to eight years and three years in jail, respectively.  Court documents also revealed four other unnamed executives got five years of probation and three-year sentences. However, three of the six have yet to be imprisoned […]
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