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Sequoia Capital shakes up crypto team after $214 million FTX loss
Sequoia Capital's longtime partner Michael Moritz has departed. VC is making changes to its crypto investment team дальше »
2023-7-21 01:10
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US Federal Reserve’s launches FedNow for instant payments
The US Federal Reserve has launched FedNow, an instant payment service with round-the-clock transactions and settlements дальше »
2023-7-21 23:54
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Terraform Labs seeks access to FTX wallets in fraud defense
Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithmic stablecoin in 2022. дальше »
2023-7-21 20:53
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FedNow Service has no relation with CBDCs, Federal Reserve clarifies
The Federal Reserve certified the FedNow Service as “ready” after it onboarded 41 financial institutions, 15 service providers and the U. дальше »
2023-7-21 12:51
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No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. дальше »
2023-7-20 00:23
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Prime Trust placed in receivership amid insolvency risks
Prime Trust has been placed in receivership following a Nevada court approval of a petition against it. The crypto custody firm owes clients millions of dollars in fiat and crypto. Prime Trust, a once-bubbling digital assets custody firm, has officially… дальше »
2023-7-19 13:57
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Kennedy Jr. to back dollar with bitcoin, if elected
Robert F. Kennedy Jr. (RFK Jr.) has been making bold claims about the COVID-19 vaccines and now says he would back the US dollar with bitcoin (BTC). The Democratic presidential candidate shared his pro-crypto, especially bitcoin, policies in a video… дальше »
2023-7-19 11:41
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Binance cuts back on employee benefits, citing ‘decline in profit’: Report
The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses, including the use of mobile phones, fitness and working from home. дальше »
2023-7-18 21:10
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CBDCs can restrict citizens’ spending, economist warns
US economics professor Eswar Prasad has said that governments can program central bank digital currencies (CBDCs) to restrict purchases made by citizens. Speaking at a June World Economic Forum (WEF) event, Cornell University professor Eswar Prasad opined that one of… дальше »
2023-7-17 20:59
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SEC accepts bitcoin ETF applications from BlackRock, Fidelity, Galaxy Digital
The SEC has initiated the acknowledgment process for spot bitcoin ETF applications. This sets the stage for the potential acceptance of the first such funds in the United States. The SEC has begun acknowledging these spot bitcoin ETF applications. ETF… дальше »
2023-7-15 12:38
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Coinbase pauses staking services in four US states following regulators' orders
According to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina, and Wisconsin require the pause in staking additional assets. дальше »
2023-7-15 01:07
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World Mobile obtains licensed spectrum in California and 3 other US States
World Mobile, a decentralized wireless network operator, has obtained up to 20MHz spectrum in California, New Mexico, Nevada, and Utah дальше »
2023-7-14 16:21
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US government transfers BTC worth $300m from Coinbase
The US government moved over $297 million worth of bitcoin (BTC) seized from the Silk Road hacker in March. The total amount captured from the hacker was worth over $1 billion — 49,000 bitcoins — in March. At the current… дальше »
2023-7-13 11:11
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New York hacker charged for stealing $9 million from a decentralized exchange
A resident of New York is facing charges for stealing approximately $9 million from a decentralized exchange дальше »
2023-7-12 19:39
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US Judge’s ruling on LBRY may set precedence for the SEC versus Ripple case
On July 11, Judge Paul Barbadoro declined to rule whether the sale of LBC, the native tokens of the LBRY project, constitutes the trading of securities дальше »
2023-7-12 17:32
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Logan Paul’s energy drink faces regulatory scrutiny in US
Prime, the drinks brand co-founded by YouTube stars Logan Paul and KSI, is currently under fire in the US due to concerns surrounding the elevated levels of caffeine in its energy drink. дальше »
2023-7-10 13:48
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Twitter receives money transmitter licenses in 3 US states
Twitter has recently obtained money transmitter licenses in Michigan, Missouri, and New Hampshire, as confirmed by Nationwide Multistate Licensing System database records. This development indicates the social media platform's intention to potentially expand into the realm of payment services. дальше »
2023-7-6 13:49
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CFTC accuses Celsius of misleading investors, may file a lawsuit
Investigators at the Commodity Futures Trading Commission (CFTC) have concluded that the now-defunct crypto lending platform had violated U.S. laws by misleading investors and failing to register with the agency before it imploded last year. Celsius (CEL) Network, a once-popular… дальше »
2023-7-6 13:33
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Federal Reserve Certifies 57 Organizations For Instant Payments System ‘FedNow’
The United States Federal Reserve has made a significant announcement regarding the certification of 57 organizations, including financial institutions and service providers, for the highly anticipated launch of the FedNow Service. дальше »
2023-7-5 22:00
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China to tighten control on exports of AI chip-making materials
The Chinese government has announced that it plans to control the export of gallium and germanium products heavily used to produce semiconductors. дальше »
2023-7-5 14:15
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Kraken receives court order to turn over customer data to IRS
Crypto exchange Kraken has been asked by the Internal Revenue Service (IRS) through a federal court order to provide account and transactional information. According to the June 30 court filing, the IRS needs the information on Kraken accounts that traded… дальше »
2023-7-2 14:16
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Kraken ordered by court to disclose user data to IRS for tax compliance
Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year.
дальше »2023-7-2 13:10
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Revolut US to delist ADA, MATIC and SOL in September
Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, but holding and selling remains available until mid-September. дальше »
2023-7-1 15:36
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Melania Trump releases NFT collection for foster children
Melania Trump, the former first lady and wife of President Donald Trump, has entered the world of non-fungible tokens (NFTs). She has released a new collection of NFTs featuring iconic American locations to celebrate Independence Day. In a blog post… дальше »
2023-6-30 12:01
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US president Biden hints at crypto regulation in latest speech
US President Joe Biden pointed out the loopholes in the crypto industry at the Bidenomics in Chicago, Illinois, on June 28. In the first part of his speech, the US president emphasized the country’s infrastructure and the creation of 13.4… дальше »
2023-6-29 11:54
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Crypto adoption across generations: examining ownership age trends
Examine how various age groups are adopting cryptocurrency. Through insights from different studies, 46% of crypto fans are millennials. дальше »
2023-6-27 16:42
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Monopoly darknet market admin indicted in US
A citizen of Croatia and Serbia, suspected of establishing and managing the now-inoperative darknet marketplace Monopoly Market, has been indicted by a grand jury in the District of Columbia. 33-year-old Milomir Desnica is alleged to have operated Monopoly Market since… дальше »
2023-6-27 14:16
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Yes, the Secret Service has an NFT collection, and no, it’s not for sale
Agents from the United States Secret Service San Francisco Field Office have answered a burning question about its NFT collection. What does it do? дальше »
2023-6-27 02:40
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Binance sets sights on UAE as key operational hub
In light of recent enforcement actions in the United States, Binance is turning its attention to the United Arab Emirates (UAE) as a significant focus for its future operations. According to Alex Chehade, the general manager of Binance Dubai, the… дальше »
2023-6-26 10:27
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Crypto hacker gets 5 years in prison after stealing $794,000
A British hacker, Joseph O'Connor, aka the PlugwalkJoe, has been sentenced to five years in a United States prison for stealing $794,000 worth of crypto through a SIM swap attack дальше »
2023-6-25 13:44
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Terawulf, a bitcoin miner using nuclear power, releases update; benefiting from low electricity costs
Terawulf has announced its bitcoin mining update months after launching a first-of-its-kind nuclear-powered Nautilus facility in the United States дальше »
2023-6-25 11:37
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Sen. Cynthia Lummis lambasts SEC over enforcement actions against Coinbase
Senator Cynthia Lummis criticized the SEC's recent actions against Coinbase, stating that the exchange's compliance efforts should have been acknowledged дальше »
2023-6-24 12:08
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Bitcoin mining heats water in Brooklyn Bathhouse, users flip out
The impact of Bitcoin mining on the environment remains a significant concern to many, leading to unfavorable responses from people opposed to its use. дальше »
2023-6-23 15:15
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Federal reserve chair Powell emphasizes need for strong oversight of US stablecoins
Federal Reserve Chairman Jerome Powell reiterated the need of robust central-bank oversight in the ongoing development of stablecoin regulations by the House Financial Services Committee. дальше »
2023-6-22 00:59
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Binance, Binance.US and CZ allege SEC made ‘misleading’ statements on exchange assets
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise. дальше »
2023-6-22 23:39
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US Congress may chart new regulatory path for ethereum
The US Congress may put ethereum (ETH) in a new category with less burdensome regulations than securities or group it with bitcoin (BTC) as a commodity, JPMorgan strategists suggest. The theory arises after the SEC’s ongoing debates on Ethereum’s nature… дальше »
2023-6-17 01:14
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Bakkt follows Robinhood, eToro in delisting major altcoins: Report
Bakkt reportedly suspended trading of SOL, MATIC and ADA — tokens the U.S. SEC recently deemed securities.
дальше »2023-6-17 18:39
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FDIC cracks down on misleading insurance claims by OKCoin
The US Federal Deposit Insurance Corp. (FDIC) has taken action against cryptocurrency exchange OKCoin, issuing a cease and desist letter over misleading statements regarding the exchange's insurance status. дальше »
2023-6-16 13:34
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Binance.US reportedly trims workforce amid regulatory woes
In the wake of recent allegations by regulators of securities law violations, Binance.US, the American branch of the global cryptocurrency titan, has initiated a round of staff cutbacks, say insiders and social media posts by employees. Binance.US, the US counterpart… дальше »
2023-6-16 08:41
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US Fed chair hints at two more rate hikes while crypto suffers volatility
The US Federal Reserve (Fed) chair Jerome Powell hinted at two more rate hikes expected to come this year. According to CNBC, the statement came after the Federal Open Market Committee (FOMC) decided to pause the consecutive rate boosts. The… дальше »
2023-6-15 14:11
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Bankrupt crypto exchange Bittrex to enable withdrawals
The US division of cryptocurrency exchange Bittrex is planning to begin client withdrawals on June 15 after a ruling by a Delaware bankruptcy court. дальше »
2023-6-14 16:29
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Binance.US agrees with SEC to avoid full asset freeze
US district judge Amy Berman has asked the Securities and Exchange Commission (SEC) to reach a compromise agreement with Binance.US on the best possible way to protect users’ funds on the platform instead of completely freezing the company’s assets as… дальше »
2023-6-14 15:04
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US Treasury secretary believes CBDCs should be confidential
In a recent speech, Assistant Secretary Graham Steele unveils the transformative potential of retail CBDCs in the digitization of financial services. дальше »
2023-6-14 13:26
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SEC refuses to make any decision on Coinbase’s rulemaking petition
Last week, the US Court of Appeals for the Third Circuit ordered the US Securities and Exchange Commission (SEC) to respond to Coinbase’s request for clarifying the rulemaking. According to documents shared by the exchange’s chief legal officer (CLO) Paul… дальше »
2023-6-14 12:37
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Bill to dismiss SEC chairman Gary Gensler gains support
US lawmakers have introduced a bill to remove Gary Gensler from his position as Chair of the SEC. The bill responds to what the representatives describe as a “long series of abuses” under Gensler’s leadership. In a recent press release… дальше »
2023-6-13 16:04
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Circle CEO urges Congress to lead stablecoin regulation
Circle CEO Jeremy Allaire is set to testify before the US House Financial Services Committee today, urging lawmakers to prioritize the primacy of the US dollar and pass essential stablecoin legislation. дальше »
2023-6-13 14:12
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eToro to cease access to ALGO, MANA, DASH, and MATIC for US customers
Israeli multi-asset investment platform eToro announced that its users in the United States will soon be unable to access Algorand (ALGO), Polygon (MATIC), Decentraland (MANA), and Dash (DASH), following a similar move made by Robinhood. eToro limits crypto offerings for… дальше »
2023-6-13 12:56
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Jump Trading requests court to relocate Terraform lawsuit to California
Jump Trading, a leading trading company specializing in high-frequency and algorithmic trading approaches, seeks to move a lawsuit accusing it of manipulating the prices of Terraform’s stablecoin from Illinois to California. дальше »
2023-6-13 12:53
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Binance.US counters SEC’s motion to freeze funds as it threatens its business
Binance.US has vehemently opposed the US Securities and Exchange Commission’s (SEC) proposed temporary restraining order, claiming that it would effectively end its business operations. The crypto exchange filed a response on June 12, criticizing the SEC’s emergency motion as “draconian… дальше »
2023-6-13 11:15
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SEC generated record confiscated income in 2022: why it is crucial for crypto
While the SEC states its mission is to protect investors, there are questions about its methods and motives. This piece unravels the SEC’s structure, balance sheet, and notable interactions with cryptocurrency entities, providing an insightful and comprehensive look at a… дальше »
2023-6-13 09:23
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