Venezuela’s ambitious cryptocurrency experiment, the Petro, launched with fanfare in 2018, has finally met its demise. After six years of struggling to gain traction amidst skepticism, technical hurdles, and a crippling corruption scandal, the government is pulling the plug. President …

Billionaire entrepreneur Elon Musk recently revealed his ongoing support for Dogecoin, affirming that he still holds a stake in the popular meme coin. This declaration echoes his previous endorsements that significantly elevated Dogecoin’s profile in 2021, propelling it to impressive …

In a recent interview with Fox, JPMorgan CEO Jamie Dimon reiterated his negative views on Bitcoin and the broader cryptocurrency industry, citing concerns over illicit activities. Dimon expressed that Bitcoin’s purported use cases included sex trafficking, tax avoidance, money laundering, …

A recent transaction involving the sale of shares in a crypto firm has garnered attention due to allegations of sanctions evasion. Russian oligarch Mikhail Klyukin, a figure subject to sanctions following geopolitical events, has come under scrutiny for reportedly transferring …

In a significant turn of events for the cryptocurrency hedge fund Three Arrows Capital (3AC), a court in the British Virgin Islands has issued a worldwide asset freeze worth $1.14 billion on the fund’s co-founders: Su Zhu and Kyle Davies, …

The crypto world recently experienced a significant milestone as the United States Court of Appeals finalized the forfeiture of 69,370 Bitcoin on December 20, 2023. This decision, originating from the infamous Silk Road case, denotes one of the most substantial …