Thai VC fund acquires troubled exchange Zipmex for $100M: Report

After weeks of negotiations on a potential buyout of Zipmex, venture capital fund V Ventures has reportedly reached a deal to acquire the embattled cryptocurrency exchange. V Ventures, a subsidiary of Thoresen... Read more »

Mysterious Bitcoin miner shows off oldest signature dated Jan. 2009

Online forums are integral to the Bitcoin origin story, where Satoshi Nakamoto and early contributors collaborated to discuss and create a disruptive financial system from scratch. One of the oldest Bitcoin forums... Read more »

How to buy food with Bitcoin?

Bitcoin (BTC) is a dynamic monetary asset with the potential of being both — a commodity and a currency. For instance, the Securities and Exchange Commission (SEC) classified BTC as a commodity,... Read more »

How to keep your cryptocurrency safe after the FTX collapse

The fall of the FTX crypto exchange forced many to reconsider their overall approach to investments — starting from self-custody to verifying the on-chain existence of funds. This shift in approach was... Read more »

DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance

On Dec. 2, the United States dollar index (DXY), an index that measures the dollar’s strength against a basket of top foreign currencies, reached 104.40 which was the lowest level seen in... Read more »

Bitcoin bulls lie in wait as US dollar strength hits 5-month lows

Bitcoin (BTC) continued to hold key support on Dec. 2 as United States stocks fell on the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY weakness offers hope of... Read more »

Bitcoin price volatility expected ahead of Friday’s $430M BTC options expiry

Bitcoin (BTC) has been stuck below the $18,600 resistance for the past 19 days and while bears successfully breached the $16,000 support on Nov. 21, the 8% range is pretty narrow for... Read more »

Italy to impose 26% capital gains tax on crypto profits

Italy is planning to tighten regulations on digital currencies in 2023 by expanding its tax laws to include cryptocurrency trading, according to budget documentation released on Dec. 1. Included in its 2023 budget... Read more »

Binance hires audit firm that served Donald Trump to verify crypto reserves

Cryptocurrency exchange Binance is working with accounting firm Mazars as part of its proof-of-reserve (PoR) audits triggered by the fall of FTX. Mazars, the accounting firm that worked for former United States... Read more »

Legal professionals astonished as SBF admits failures, apologizes 12 times in interview

Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times’ DealBook Summit on Nov. 30.  In a wide-ranging video interview, Bankman-Fried... Read more »