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News Editor

News Editor
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FTX crash gives Avalanche the edge with this deal – Details

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TL;DR Breakdown TSM and Blitz will partner with Avalanche, the cutting-edge blockchain platform, to revolutionize the gaming industry. Blitz's gaming app, which has 30 million users,...

Crypto regulation tightens in India as lawmaker makes this move

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TL;DR Breakdown The finance ministry in India has notified that crypto or virtual asset businesses will be under the ambit of the Prevention of Money...

Mt.Gox trustee sets Friday deadline for creditor claim under rehabilitation plan

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TL;DR Breakdown Mt. Gox announced that former customers must register their claims for repayment by Friday to be eligible for the rehabilitation plan. Under the rehabilitation...

Is the SHIB token owned and launched by Alameda?

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TL;DR Breakdown An OpenSea account dubbed “Alameda” has recently sparked much attention and debate among crypto enthusiasts Coinbase's Conor Grogan has made a sensational discovery, linking...

Thailand’s Cabinet approves tax waivers for investment tokens

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TL;DR Breakdown The Thai Cabinet has approved a waiver of corporate income tax and value-added tax for companies issuing digital tokens for investments. Cryptocurrencies have gained...

Avalanche price analysis: AVAX continues to trend sideways after dropping from...

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TL;DR Breakdown . Avalanche continues to stagnate after dropping from $17 support . Next support level sits at $16 . Price could drop further before...

FTX’s Alameda Research Shocks Crypto Industry with Lawsuit Against Grayscale 

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TL;DR Breakdown FTX's Alameda Research has filed a lawsuit against Grayscale Investments for allegedly charging unreasonable management fees and improperly banning redemptions. FTX is seeking to...

Utah-based Green United Faces SEC Accusations of Running an $18 Million...

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TL;DR Breakdown The US SEC has filed a complaint against Utah-based Green United alleging that it fraudulently raised $18 million in a crypto mining scheme. The...

Terraform Labs faces Singapore authorities probe

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TL;DR Breakdown The police force of Singapore has started to investigate Terraform Labs, a company co-founded by crypto fugitive Do Kwon. The latest reports suggested his...

Binance Texts Expose Scheme to Evade U.S. Authorities and Regulations

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TL;DR Breakdown Binance, a leading crypto exchange, was discovered to have devised a plan to elude regulatory oversight by U.S. authorities. Text messages have exposed the...
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