According to a recent report from market intelligence firm Messari, the Tron blockchain experienced a notable surge in usage during the first quarter of 2023. Despite facing lawsuits from the US Securities…

Tether, the dominant player in the stablecoin market, recently released its Q1 2023 financial report, revealing an impressive net profit of $1.5 billion. BDO Italia, an auditing firm, attested to the accuracy…

Data from ycharts.com shows that the average transaction fee for Bitcoin has spiked to $30.91, a level not seen since April 2021. The period leading up to April 2021 was marked by…

Liechtenstein’s Prime Minister, Daniel Risch, has announced plans to enable Bitcoin payments for various government services. While he did not disclose whether the country plans to adopt the cryptocurrency as legal tender,…

On May 2, Europol announced that law enforcement agencies worldwide had seized and closed down Monopoly Market, an illegal dark web marketplace, as part of their efforts to crack down on illicit…

Creditors of Celsius Network LLC are seeking a subpoena against FTX to obtain information that may identify users involved in suspicious cryptocurrency trades that may have manipulated the price of Celsius’ native…

PayPal‘s subsidiary Venmo will be introducing cryptocurrency transfers soon, according to an announcement made on April 28. Starting in May, users will be able to transfer funds to Venmo and PayPal…

In May, Hong Kong’s Securities and Futures Commission (SFC) will release guidance on the licensing framework for crypto. Bloomberg reported that SFC CEO Julia Leung announced the ongoing consultation process for the…

South Korean investigators have revealed that approximately $8.6 million remains in the Sygnum Bank account of Do Kwon, the CEO of Terraform Labs (TFL), while the investigation into his company is ongoing.…

Bybit, a crypto exchange headquartered in Dubai, announced that it will require know-your-customer (KYC) checks on all its services starting May 8, 2023. Existing users who have not completed identity verification…