Category: Crypto News

There is a news circulating about police officer in city of Yunnan, China. His team was investigating bitcoin mining operations in this city.

Beets Finance just did a rug pull on its users, stealing more than 100,000 dollars from its users. If you were providing liquidity to this very project, we urge you to revoke your approval and withdraw your funds after your rug alert.

DApp support will be completely removed from Trust wallet version of iOS. This is not happening to its android which will remain fully functional. Apple does not wants its users to visit any DApp websites which will why it is slowing asking all cryptocurrency wallets to remove DApp browser support from their apps. 

Weibo is often referred to as China’s twitter and today, it has done one of harshest suspension of cryptocurrency accounts in history. A large number of cryptocurrency KOL accounts have been blocked.

CEO of Twitter has announced through his twitter account that Square is considering manufacturing a bitcoin hardware wallet. They have specifically mentioned that its entire code will be made open source and it would be made in collaboration with the community.

DeFi100 coin has done a full fledged exit scam and this means, they have run away with 32 million dollars worth of investors funds. Upon opening DeFi100 website, users are greeted with message that says that they scammed investors and they cannot do sh*t about it. F*ck you moonbois.

There is a strong ongoing rumor about Huobi Global, a popular cryptocurrency exchange stopping its business operations. Folks at theblockbeats have specifically confirmed that Huobi Global is operating normally, just like before and users’ funds on the exchange are totally secure. 

IRS has made an announcement that any cryptocurrency transfers worth $10000 or more will have to be reported to IRS. This rule will come into effect starting 2023. 

Few months back, Tesla added ability to purchase its vehicles as bitcoin. This was seen as a positive news for most of cryptocurrency world as its CEO, who is also world’s second richest person was basically promoting cryptocurrencies and blockchain to the world. Today, Tesla has announced that it has suspended vehicle purchases using bitcoin.