📰Coinbase Secures Regulatory Approval in Ireland

Amidst the prolonged crypto dip, and crypto firms' insolvency, Coinbase's quest to expand across Europe is on the rise.

Following the recent collapse of the FTX cryptocurrency exchange, investors and traders of crypto are wary of what could be the fate of crypto, influencers are spreading insolvency rumors about other crypto exchanges, creating FUD in the crypto space; are you worried about the fate of crypto after the collapse of the FTX exchange?

Have you been informed that the event may affect crypto adoption?

Read MyCryptoParadise blog for researched based content about What is Next After the FTX Collapse.

📰Sam Bankman-Fried to be Released on $250 Million Bond

After the Thursday court ruling, it seems the 30-year-old Bankman-Fried will be celebrating Christmas out of detention, but not outside his parent's house.

📰Crypto Miner Core Scientific Files for Bankruptcy

As crypto firms continue to face insolvency issues, the US leading Bitcoin mining firm Core Scientific filed for Chapter 11 bankruptcy on Wednesday as a protective mechanism against creditors.

📰South Korean Authorities Seize Crypto From Nearly 6,000 People

According to recent data released by the South Korean National Tax Authorities, South Korean tax officials have seized crypto from 5,741 people since 2020.

📰Brazilian President Signs Crypto Regulation Bill

Following the approval of the crypto regulation bill by the Brazilian parliament, Jair Bolsonaro, the President of Brazil signed the crypto regulation bill into law on Thursday.

📰Crypto Wallet BitKeep Hit With $8 Million Exploit

While the BitKeep team is busy celebrating Christmas, hackers are busy draining their wallets and about $8 million in various cryptocurrencies have been drained from users' wallets.

📰Japan is Reportedly Lifting Ban on Foreign-Issued Stablecoins

The Japan Financial Service Agency (FSA) is reportedly looking to lift the ban on foreign-issued stablecoins like Tether’s USDT by 2023.

📰Russia to Legalize International Trade in Cryptocurrency

Anatoly Aksakov, the head of the finance committee for Russia’s State Duma said that Russia is close to legalizing the use of cryptocurrencies in international trade from January 2023, as per a report by national news agency TASS.

📰MicroStrategy Adds 2,500 Bitcoin to its BTC Holdings

The American business intelligence, mobile software, and cloud-based service company MicroStrategy has announced the purchase of 2,500 Bitcoins, and currently, the company is holding roughly 132,500 Bitcoins.

📰Midas Investments Shut Down Operations Amid Massive Losses

Various shocking events from the May Terra ecosystem crash to the bankruptcy of crypto lenders and the collapse of FTX have led to many crypto firms facing issues related to insolvency.

📰Users Sue FTX to Claim Assets Within Bankruptcy Case

Amid several government agencies and individuals looking to sue FTX and its former CEO, a group of aggrieved users of FTX exchange has filed a suit to be ahead of others.

📰Italian Legislators Approve 26% Tax on Crypto Gains

Starting in 2023, the Italian crypto traders will be required to pay a 26% tax on crypto gains, as per a recent budget approved by the Italian legislators on Thursday December 29.

📰Binance Introduces Apple Pay and Google Pay Payment Services

To let users buy cryptocurrencies from the platform with two of the most popular payment services in the world, the world's largest cryptocurrency exchange Binance has integrated Apple Pay and Google Pay features into its platform.

📰MicroStrategy to Introduce Bitcoin lightning Solutions

The American intelligence and tech company MicroStrategy is looking to offer Bitcoin lightning solutions according to a source in the company.

📰Crypto Payments Volume in eCommerce Up by 63% in 2022

Contrary to the assumption of people that the use of crypto has declined due to the declined crypto market and bankruptcy of crypto firms, recent data proved otherwise.

📰Indonesia to Launch National Crypto Exchange

As part of the steps to reform crypto regulation in the country, Indonesia is reportedly planning to launch a national cryptocurrency exchange in the country.

📰US Regulators Fine Coinbase $50 Million

Brian Armstrong's Coinbase has been fined $50 million by the New York financial watchdog for the violation of anti-money laundering laws, as per Wednesday's press release.

📰Genesis Trading Layoff 30% of its Workforce

A source from the crypto lending firm Genesis Trading revealed on Friday that the firm has fired 30% of its staff which equals 145 staff, Wall Street Journal reports.