Why Thailand’s oldest bank is bullish on DeFi [EXCLUSIVE]

Mukaya “Tai” Panich, Chief Venture and Investment Officer of Siam Commercial Bank’s venture arm SCB 10X, imagines a world in which decentralized finance (DeFi) powers the back-end of traditional finance companies. CryptoSlate... Read more »

Infrastructure Bill Crypto Broker Update Sparks Confusion

Key Takeaways A new U.S. bill says those classified as “brokers” in the cryptocurrency space will have to adhere to strict tax reporting. As per the latest amended bill, brokers are those... Read more »

Governments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian

Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto revolution as some mix of illicit payments... Read more »

5 things to watch in Bitcoin this week

Bitcoin (BTC) is at a crossroads as it starts a new week — hovering around $40,000 but with serious headwinds keeping it from bouncing higher. After an impressive weekend that saw highs... Read more »

Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago

As expected, Bitcoin’s mining difficulty increased this week jumping 6.03% higher on July 31. The change marks the first increase out of five difficulty adjustment changes. This was after four downward difficulty... Read more »

Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy

Bank of America, one of the nation’s largest financial institutions based on total assets, believes El Salvador could have a lot to gain with its latest foray into Bitcoin (BTC). In a... Read more »

Promoter of Crypto Scheme Touted by Steven Seagal Pleads Guilty, Faces 5 Years in Prison

A promoter of the cryptocurrency scheme previously touted by famous martial artist and actor Steven Seagal has pleaded guilty for his participation. The scheme falsely claimed that it “could generate an 8,000%... Read more »

Has Crypto Entered “NFT Summer”?

Key Takeaways NFTs are a type of asset that offer provable scarcity and ownership by recording data on a blockchain. Demand for CryptoPunks and other sought-after NFTs has risen over the weekend.... Read more »

Binance looking to setup physical headquarters following regulatory backlash

Binance has plans to set up physical headquarters in multiple jurisdictions as a concession to the global regulatory backlash. The world’s largest cryptocurrency exchange is under pressure following numerous notices, bans, and... Read more »

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland

Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and... Read more »