Court Will Compensate Victims of BitConnect Ponzi Scheme with $17 Million
A court has ruled to distribute $17 million to approximately 800 victims of the $2.4 billion BitConnect Ponzi scheme.
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Gary Gensler Warns US Soldiers Against Investing in Bitcoin
Gary Gensler believes that the US authorities should ensure that citizens who invest in digital currencies are protected.
Crypto Payment Firm Wyre Resumes Withdrawals
Crypto payment startup Wyre has just announced it has removed the limit on withdrawing no more than 90% of the deposit in the account.
Crypto.com Will Reduce its Workforce by 20% to Optimize Costs
Kris Marszalek has announced a new wave of cuts amid poor market conditions and “recent industry developments.”
El Salvador is Developing a Legal Framework to Issue Bitcoin-based Bonds
El Salvador’s Parliament has just passed a bill that creates a regulatory framework that will be used by the authorities to implement the so-called BTC bonds.
DeFi Platform WonderFi is Considering to Acquire Coinsquare
DeFi platform WonderFi Technologies has confirmed it is in the early stages of negotiations to purchase Coinsquare.
Investments in Crypto Businesses Cut by Half in 2022
Compared to 2021, capital investments in the crypto business over the past 12 months have fallen by more than 40% to $21.6 billion.