BlockPress

BlockPress

Unauthorized crypto trading now carries 2 years of prison in Hungary

Hungary’s recent amendments to its Criminal Code introduce significant consequences for individuals and entities operating or utilizing unauthorized cryptocurrency exchanges within the country. This legislative update underscores a growing global trend of tightening regulations surrounding the cryptocurrency market, aiming to…

Even retail demand is now outpacing Bitcoin supply: Bitfinex

Bitfinex analysts have observed a significant accumulation of Bitcoin, a trend they interpret as bolstering the overall bullish outlook for the cryptocurrency. This accumulation signifies the emergence of a new breed of Bitcoin buyer—one seemingly unconcerned with the prevailing market…

FOMO, lax rules are fueling the crypto crime supercycle

The illicit cryptocurrency market, despite its inherent risks, remains a lucrative avenue for criminal enterprises. Retired DEA agent Bill Callahan highlights the surprising resilience of these operations, emphasizing that significant errors do not necessarily preclude substantial profits. This underscores a…