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Crypto investors made $162.7bn in 2021

Crypto investors may have made as much as $162.7bn in gains last year, a new post by analytics firm Chainalysis has claimed. This is a significant increase from 2020 when the firm reported $32.5bn. The increase in gains is associated with the bull run that began...

The Ledger: Secret Service bust crypto fraud, Cherie DeVille takes on crypto

Ireland proposed to suspend political donations in cryptocurrency, adding more accountability for who was donating and under what pretext. Meanwhile, carmakers had to rejuggle their own crypto policies, with EuroSports and Porsche confirming that both companies would...

Australia debuts BTC and ETH ETFs

Australians are soon to follow in the footsteps of Canadians in obtaining direct access to bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). Switzerland-based NFT issuer 21Shares and the Australian asset management firm ETF Securities have announced the...

Sunak’s “crypto hub” in jeopardy

The former UK Chancellor’s plans to develop a “global crypto hub” could be delayed following his recent resignation from cabinet. Earlier this year, Chancellor of the Exchequer Rishi Sunak announced it was his “ambition to make the UK a global hub for crypto-asset...

Choise.com announces $5,000,000 Celebration Pool

DeFi platform Choise.com has launched its Celebration Pool to recognize the company’s achievements during the crypto downturn. The inaugural MetaFi – centralized (CeFi) and decentralized (DeFi) – ecosystem has enabled users to open an interest account to enjoy an...

Meta doubles down on NFTs

Meta, formerly known as Facebook, has reaffirmed its plans to continue investing in digital collectibles a day after it announced that it will discontinue the Novi cryptocurrency wallet but also seek to repurpose its underlying technology. Head of fintech Stephane...

Voyager Digital files for bankruptcy

Cryptocurrency brokerage and lender Voyager Digital has filed for bankruptcy, becoming the latest company to fold under the weight of the crypto crash. The company confirmed on Wednesday that it has started a voluntary Chapter 11 bankruptcy proceedings in the US and...

Bitstamp installs inactivity fee

Bitstamp has announced that it will charge an inactivity fee to account holders who have balances under $200 and haven’t been online or transacting money in the past 12 months. The company detailed the plans in a recent blog post. The new measure will charge around...