Richard Heart, the founder of Hex, receives a red notice from Interpol
Richard Schueler, widely known as Richard Heart, the founder of Hex cryptocurrency, has been placed on Interpol’s global wanted list through a Red Notice. Issued at the request of Finnish authorities, it follows allegations of tax fraud and assault in the country. Tax Fraud and Assault Charges The Red Notice
Russia Imposes Six-Year Crypto Mining Ban in 10 Regions
Russia is set to enforce a six-year ban on cryptocurrency mining across 10 regions, with partial seasonal restrictions in key mining hubs. The regulations aim to address energy concerns while maintaining mining activity in strategic areas. Complete Ban in 10 Region Starting January 1, 2025, cryptocurrency mining will be entirely
India Risks Losing $2 Billion in Crypto Tax Revenue as Traders Flee Offshore
India’s stringent crypto tax policies are driving traders to offshore platforms, jeopardising over $2 billion in tax revenue over the next five years, according to a recent report by the Esya Centre. Missed Revenue from Offshore Platforms Since July 2022, India has missed out on approximately ₹6,000 crore ($724 million)
In December 2014, 43,000 XRP was purchased with 1 BTC. What’s Happening Today
In a recent post on X, crypto investor and analyst Dom (@traderview2) highlighted an intriguing observation regarding XRP’s performance relative to Bitcoin (BTC). Dom pointed out that in December 2014, one Bitcoin could purchase 43,000 XRP. Today, despite Bitcoin’s significant price appreciation over the years, one Bitcoin still buys 43,000 XRP. This
Bybit Proof Of Reserve Displays USDT, ETH, And BTC Changes
Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and USDT at $4.11B (+29.77%), showcasing asset fluctuation trends. Bybit Proof of Reserve Highlights Asset Fluctuations Bybit’s 17th Proof of Reserve snapshot shows significant variations in user asset levels. Following the latest report on November 13, BTC
Solana (SOL) Drops to $183 but Shows Signs of Rebound
Solana (SOL) has faced a sharp downturn, with its price plunging below the crucial $200 support level to reach $183. The drop comes amid a wider cryptocurrency sell-off triggered by macroeconomic pressures. Notably, the Federal Open Market Committee (FOMC) meeting saw the Federal Reserve cut interest rates by 25 basis
XRP Price Surges Amid Ripple’s Donation to Trump’s Inaugural Committee
Potential for Short-Term Gains, But Bearish Reversal Hints at Correction Ahead XRP’s price has seen a sharp increase today, rallying by over 20% in the last 24 hours to reach $2.36 on 21 December. The surge follows reports of Ripple’s planned $5 million donation in XRP to US President-elect Donald
Google to Require FCA Registration for Crypto Ads in the UK
Starting January 15, 2025, Google will enforce stricter regulations for crypto-related advertisements in the United Kingdom. The tech giant has announced that advertisers promoting digital asset exchanges or software wallets must register with the Financial Conduct Authority (FCA) to run ads targeting UK audiences. This policy update also includes hardware
BPCE’s Hexarq Gains AMF Approval for Crypto Operations
France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), has authorised cryptocurrency operations for Hexarq, a subsidiary of the French banking group BPCE. This makes Hexarq the second banking crypto outfit to secure AMF approval, following Société Générale’s Forge. Hexarq, launched in January 2021, is a digital asset service
Cryptocurrency Investment Guide: How to Navigate the Digital Gold Rush
Cryptocurrency has revolutionized the world of finance, offering opportunities for massive gains—but it comes with risks. As the digital economy grows, knowing how to invest wisely in cryptocurrencies is essential. Here’s your guide to becoming a savvy crypto investor. Understand the Basics: What is Cryptocurrency? Cryptocurrencies are digital or virtual
