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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

CoinList Will Pay a Fine of $1.2M

Reading Time: < 1 minuteCoinList, a token sale platform and crypto exchange, has reached a resolution with OFAC regarding violations of sanctions regulations.

December 15, 2023December 15, 2023 Chris Smith News

Cryptocurrency Traders Are Becoming Increasingly Active: Kaiko

Reading Time: < 1 minuteAccording to Kaiko, both centralized and decentralized exchanges have seen an increase in average transaction volume since October.

December 14, 2023July 17, 2024 Chris Smith Opinion

IRS Unveils Largest Crypto Cases of 2023

Reading Time: < 1 minuteThe IRS Criminal Investigations Division has recently revealed a list of their top ten most well-known and high-profile cases in 2023.

December 14, 2023December 14, 2023 Chris Smith News

BlackRock Revises its Spot Bitcoin ETF Application

Reading Time: < 1 minuteBlackRock has recently made a major change to its application for a Bitcoin exchange-traded fund (ETF).

December 13, 2023December 13, 2023 Chris Smith News

Crypto Funds See Inflows fox 11th Consecutive Week

Reading Time: < 1 minuteThe total inflow into cryptocurrency investment products between December 2 and December 8 was reported to be $42.8 million.

December 12, 2023December 12, 2023 Chris Smith News

Uniswap Launches on Bitcoin Sidechain Rootstock

Reading Time: < 1 minutePopular decentralized exchange Uniswap has taken a step towards the Bitcoin ecosystem by integrating with the Rootstock sidechain.

December 12, 2023December 12, 2023 Chris Smith News

Crypto Market Grew by 110% in 2023: Report

Reading Time: < 1 minuteThe total value of digital currencies has increased by 110% or $870 billion since the beginning of 2023, with the fourth quarter seeing the largest increase at 55%.

December 11, 2023December 11, 2023 Chris Smith News

Former Binance CEO Zhao Unable to Return to UAE

Reading Time: < 1 minuteA US federal judge in Seattle has ruled that Changpeng Zhao, the former CEO of Binance, is not allowed to return to his home in the United Arab Emirates until he is sentenced in February.

December 8, 2023December 8, 2023 Chris Smith News

Phoenix Group Closes a $380M Deal with Miner MicroBT

Reading Time: < 1 minutePhoenix Group has announced a contract worth $380 million with MicroBT, the manufacturer of Whatsminer-branded Bitcoin mining devices.

December 8, 2023December 8, 2023 Chris Smith News

Court Accepts Changpeng Zhao’s Admission to Violating US AML Laws

Reading Time: < 1 minuteA US District Judge in Seattle has acknowledged the guilty plea of former Binance CEO Changpeng Zhao (CZ) concerning charges linked to anti-money laundering violations.

December 7, 2023December 7, 2023 Chris Smith News

Robinhood Unveils Crypto Trading Application in Europe

Reading Time: < 1 minuteRobinhood has revealed the introduction of its cryptocurrency trading app in the European Union.

December 7, 2023December 7, 2023 Chris Smith News

The IRS Focuses on Crypto Tax Evasion

Reading Time: < 1 minuteIn just three years, the majority of cryptocurrency investigations have switched from money laundering to tax evasion.

December 6, 2023December 6, 2023 Chris Smith News

Solana CEO Says Users Are Not Interested in its Saga Smartphone

Reading Time: < 1 minuteSolana co-founder Anatoly Yakovenko has discussed the need for a significant increase in user figures, from the current 2,200 to 25,000-50,000, in order to establish a solid user base for the Saga smartphones.

December 6, 2023December 6, 2023 Chris Smith News

Circle Introduces Solutions to Prevent Fraudulent Activities on Blockchains

Reading Time: < 1 minuteCircle’s technology branch has recently introduced two new initiatives with the objective of tackling theft and fraudulent activities on blockchains.

December 5, 2023December 5, 2023 Chris Smith News

KyberSwap to Give $48M in Compensation to Hack Victims

Reading Time: < 1 minuteThe team of decentralized exchange KyberSwap will be offering grants from their project funds to users who were affected by the $48.8 million hack in November.

December 5, 2023December 5, 2023 Chris Smith News

Coinbase Shares Jumped 20% Last Month

Reading Time: < 1 minuteThe attractiveness of Coinbase in the stock market has increased, with the company’s shares rising by 21% in November

December 4, 2023December 4, 2023 Chris Smith News

KyberSwap Hacker Demands Full Control Over Project

Reading Time: < 1 minuteThe individual responsible for the cyber attack on decentralized exchange KyberSwap demanded all project assets and documents to be transferred, including shares and tokens.

December 1, 2023December 1, 2023 Chris Smith News

Circle Denies Ties with Justin Sun

Reading Time: < 1 minuteCircle, issuer of the USDC stablecoin, has rejected allegations that it engaged in illegal activities and had ties to Tron founder Justin Sun, the TRON Foundation, and HTX.

December 1, 2023December 1, 2023 Chris Smith News

Canada Residents Are Against a CBDC

Reading Time: < 1 minuteThe majority of Canadians are against the development of a central bank digital currency (CBDC)

November 30, 2023November 30, 2023 Chris Smith News

Binance Will Stop Supporting BUSD Next Month

Reading Time: < 1 minuteBinance has announced that it will no longer support any Binance USD (BUSD) products after December 15, due to Paxos halting the creation of new coins.

November 30, 2023November 30, 2023 Chris Smith News

Animoca Brands Becomes TON’s Largest Validator

Reading Time: < 1 minuteAnimoca Brands has announced its strategic investment in The Open Network (TON) blockchain, making it the largest validator on the network.

November 29, 2023November 29, 2023 Chris Smith News

Arthur Hayes: US Attitude Towards Changpeng Zhao and Binance is Absurd

Reading Time: < 1 minuteAccording to former BitMEX CEO Arthur Hayes, Binance’s large fines are indicative of a bias against the revolutionary potential of cryptocurrencies and blockchain technology.

November 29, 2023November 29, 2023 Chris Smith News

KyberSwap Warns Against Fake Compensations

Reading Time: < 1 minuteThe team behind the decentralized exchange KyberSwap has warned users to be cautious of messages claiming to offer compensation after a recent hack.

November 28, 2023November 28, 2023 Chris Smith News

Robert Kiyosaki Recommends Buying Gold and Bitcoin Due to Inflation

Reading Time: < 1 minuteRenowned author of Rich Dad Poor Dad and successful entrepreneur Robert Kiyosaki recently advised people to invest in gold, silver, and the first cryptocurrency.

November 27, 2023November 27, 2023 Chris Smith News

Circle to Expand USDC Presence in Japan

Reading Time: < 1 minuteCircle has formed a strategic alliance with SBI Holdings to expand its presence in Japan.

November 27, 2023November 27, 2023 Chris Smith News

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