Nearly a third — 31% — of new cryptocurrency investors in 2022 used a friend’s suggestion as their primary reason for buying in, according to a recent joint study published by the Financial Industry Regulatory Authority Investor Education Foundation and NORC at the University of Chicago. Friends’ recommendations were the No. 1 motivating factor for new crypto buyers.

The Kenyan Treasury has said it will start levying taxes on revenues earned by cryptocurrency exchanges used by an estimated 4 million local residents. According to a report by Business Daily Africa, Kenyan authorities will rely on the 1.5% digital tax service that became effective on Jan.1, 2021.

Coinme and Up Global have been ordered to pay a total of $3.77 million, while its CEO has been instructed to pay $150,000.

“Political opportunism and demagoguery” are the largest drivers of the regulatory crackdown and federal banking restrictions on US-based cryptocurrency companies,” Jason Weinstein, a partner at Steptoe, said during a panel at Consensus 2023.

The new feature is set to roll out to Venmo customers starting in May 2023

Venmo users will soon be able to transfer cryptocurrency, the payment app’s parent company PayPal said on April 28.

Coinbase publicly responded to the SEC’s Wells notice and now is trying to force the regulatory agency to respond to a petition for rulemaking that the company filed last summer aiming to get proper regulation rules for digital assets.

The article aims to provide insight into how cloud service providers can impact the institutional decentralized finance (DeFi) landscape by building blockchain tools, establishing Web3 collaborations, and providing the resources for developing.

If you follow the latest in Ethereum news, you may have heard about the ERC-4337 standard announcement. If you haven’t, let us explain.

With the price of Bitcoin rising from $16,000 at the beginning of the year to a high of $30,000, it looks like winter is over for the Crypto industry. But when will the bull market actually arrive? Perhaps the most intuitive answer comes from the data on the exchanges.