Crypto Exchange Bitrue Suffers $23 Million Hack

Singapore-based crypto exchange Bitrue has lost millions of U.S. dollarsworth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue

P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, aga…

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025

Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such

Bitcoini poolitamise lähenemisviisid: Vähem kui 400 Päevi enne, kui preemiatoetuse toetus on pooleks lõigatud

Praeguse statistika järgi, Bitcoini võrk on väiksem kui 56,000 kvartalite kaugusel ja vähem kui 400 päevade kaugusel järgmisest preemia poolitamisest. Pärast järgmist poolitamist, ploki preemiat vähendatakse võrra 50%, ja praegune plokitoetus…

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such asbanking crisis,” “bank collapse,” ja “bank failure.”…

Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System

Goldman Sachs has revised its U.S. interest rate forecast due tostress in the banking system.The global investment bank no longer expects the Federal Reserve to raise interest rates at its Federal Open Market Committee (FOMC) meeting in March after

Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison

Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. Lisaks, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced….

Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils

The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more

Berkshire’s Charlie Munger Says ‘Ridiculous’ Anybody Would Buy Crypto — ‘It’s an Absolute Horror’

Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says people who oppose banning cryptocurrencies areidiots,” adding that it’s “just ridiculousanybody would buy crypto. He also likened replacing national currencies to replacing air, stating that

Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’

Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. Kuid, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin wont be a Sri