Crypto news

[PRESS RELEASE – Boston, USA, 28th March 2022] Humble Swap (https://humble.sh) is on a mission to make the decentralized finance world safer and accessible to everyone. Humble Swap is a new, decentralized exchange that has passed stringent security assessments to ensure customer funds’ safety. In preparation for the launch, Reach Co-Founder and CEO Chris Swenor stated, “We engaged with Kudelski Security to perform an audit for the HumbleSwap Smart Contract. The assessment...

The evasion of Goods and Services Tax (GST) by crypto exchanges was figured in the Indian Parliament on March 28. Minister of State for Finance Pankaj Chaudhary informed that 11 such digital asset platforms were fined for tax evasion in 2021-22.  Tax Evasion by Crypto Exchanges The total tax evasion by these companies amounted to Rs. 81.54 crore (appr. $1.08 million), and with a fine, the Central Goods and Services Tax (CGST) authority recovered Rs. 95.86 crore ($1.2 million)...

Crypto ETP issuer ETC Group has announced the launch of three crypto exchange-traded products tracking the performance of Avalanche, Cosmos, and Polygon. New Crypto Investment Vehicles According to a report by ETF Stream, the latest investment vehicles – ETC Group Physical Avalanche ETP (AVAL), the ETC Group Physical Cosmos ETP (ATME), and the ETC Group Physical Polygon ETP (MTCE) – will track the price of the AVAX, ATOM, and MATIC. The three new products were unveiled via...

A man has been charged with bitcoin money laundering crimes in the state of New York. Thomas Spieker – a former party producer – worked with several illicit and dark web clients, many of whom were hackers, drug pushers, and mobsters to hide their illicit gains through cryptocurrency. Thomas Spieker Charged with Crypto Money Laundering It is believed that Spieker laundered as much as $2.3 million worth of bitcoin, the world’s number one digital currency, for several...

The continued investments from some of the most high-profile financial juggernauts in Canada reflect a belief that institutional adoption of crypto and blockchain will keep growing. This western Candian province, which boasts a rich entrepreneurial history, is now looking to play a crucial role in the digital asset industry. Alberta to Becoming Crypto Hub? According to the latest report, Alberta’s ambitions are soaring high as the authorities are looking to position the...

Fadey – a 20-year-old refugee from Ukraine – discussed in a recent interview how he escaped his native country with only $2,000 worth of cryptocurrency on a USB port. Fadey Believes Bitcoin Helped Him Big Time Fadey woke up one morning several weeks ago to discover the sad news that his country had been invaded by Russia. He realized that the stakes were too high and that he needed to leave fast, as being 20 years old, he was facing conscription and time in the military....

With Bitcoin finally breaking above the $45,000 resistance level that held it down for months, the market is finally reflecting overall optimism. The Crypto Fear & Greed Index has now reached 60 – the highest reported number since Bitcoin’s all-time high in November. Back in Bullish Territory The Crypto Fear and Greed Index is an overall measure of crypto market sentiment gauged by Alternative.me – a software connecting platform. Its basket of indicators includes...

INTERNET CITY, DUBAI, Mar. 28, 2022 – LBank Exchange, a global digital asset trading platform, will list Cryptounit (CRU) on March 30, 2022. For all users of LBank Exchange, the CRU/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 30, 2022. Every year, more and more people are interested in starting their own business on blockchain and are looking for options for profitable investment. Cryptounit (CRU) built a secure and scalable...

The anonymous hacker behind the theft of over $50 million from the Solana-based stablecoin protocol Cashio has set some conditions for returning the stolen funds to affected users. The Cashio hacker has set forth conditions for returning funds stolen from the decentralized platform. Data from Etherscan shows someone in control of the wallet linked to the exploit detailing how restitution could happen for people affected by the attack. The hacker gave six conditions, part of...

INTERNET CITY, DUBAI, Mar. 28, 2022 – LBank Exchange, a global digital asset trading platform, will list Zirve Coin (ZIRVE) on March 30, 2022. For all users of LBank Exchange, the ZIRVE/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on March 30, 2022. As a joint project of Zirve Group, Zirve Coin (ZIRVE) was created to integrate companies into the metaverse, with features including reserve fund, governance, staking, yield mining,...