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  • BlockFi CEO Ignored Risks, Leading to Crash: Revelations in Court Documents

    BlockFi CEO Ignored Risks, Leading to Crash: Revelations in Court Documents

    According to a filing by the committee of unsecured creditors in the US bankruptcy court, Zac Prince, the CEO of BlockFi,
    Barry Stidham
    Jul 17, 2023
  • Regulatory Approval for Coinbase IPO: Not a Regarded 'Blessing'

    Regulatory Approval for Coinbase IPO: Not a Regarded 'Blessing'

    During a pre-motion hearing in the SEC v. Coinbase case, the US Securities and Exchange Commission (SEC) argued that approving a company's S-1 application
    Craig Green
    Jul 17, 2023
  • Synthetix Mitigates Risk: Infinex Derivatives Exchange Collaboration

    Synthetix Mitigates Risk: Infinex Derivatives Exchange Collaboration

    Synthetix, a decentralized finance (DeFi) protocol, is planning to expand its range of affiliate products by introducing a new derivatives front-end called Infinex.
    Christopher Smith
    Jul 17, 2023
  • Meta's Commercial AI Tools Set to Rival Google and OpenAI

    Meta's Commercial AI Tools Set to Rival Google and OpenAI

    Bitget, a cryptocurrency exchange, has announced that its total proof-of-reserve ratio has reached 223%.
    Martha Grizzard
    Jul 17, 2023
  • FTC Slaps Celsius Network with $4.7B Fine

    FTC Slaps Celsius Network with $4.7B Fine

    Celsius Network, a bankrupt cryptocurrency lender, has been fined $4.7 billion by the Federal Trade Commission (FTC).
    Wayne Ingram
    Jul 17, 2023
  • Ripple Scores Victory: XRP Deemed Not a Security in SEC Case

    Ripple Scores Victory: XRP Deemed Not a Security in SEC Case

    Ripple Labs secured a victory in its legal battle against the US Securities and Exchange Commission (SEC) on July 13.
    Hallie Gill
    Jul 17, 2023
  • XRP Listing Gets Second Chance: US Crypto Exchange Reconsiderers After Court Ruling

    XRP Listing Gets Second Chance: US Crypto Exchange Reconsiderers After Court Ruling

    Following Ripple Labs' victory against the US Securities and Exchange Commission (SEC), the XRP coin may soon return to cryptocurrency exchanges.
    Jerry McNeill
    Jul 17, 2023
  • Bankman-Fried's Personal Invitation: "Close Friends" Skip Security Checks

    Bankman-Fried's Personal Invitation: "Close Friends" Skip Security Checks

    Former FTX CEO Sam Bankman-Fried has requested special permission from the New York District Court to allow his "close friends"
    James Dean
    Jul 17, 2023
  • Worldcoin Surpasses 2 Million Registrations: Successful Tour Yields Massive Growth

    Worldcoin Surpasses 2 Million Registrations: Successful Tour Yields Massive Growth

    Worldcoin, a cryptocurrency and digital identification project, has achieved a milestone with over 2 million users signed up for its "global identity protocol" called World ID.
    Barry Stidham
    Jul 17, 2023
  • Monochrome Bitcoin ETF Files with ASX: Opening New Investment Opportunities

    Monochrome Bitcoin ETF Files with ASX: Opening New Investment Opportunities

    Monochrome Asset Management, an Australian crypto investment firm, has updated its app to offer a Spot Bitcoin Exchange Traded Fund (ETF) listed on the Australian Securities Exchange (ASX).
    Craig Green
    Jul 17, 2023
  • Bitget Secures $1.44B in Reserves, Declares Debt-Free Status

    Bitget Secures $1.44B in Reserves, Declares Debt-Free Status

    Bitget, a cryptocurrency exchange, has announced that its total proof-of-reserve ratio has reached 223%.
    Christopher Smith
    Jul 17, 2023
  • Court Orders $16 Million Penalty in CFTC Case Against Digitex Futures Exchange and CEO

    Court Orders $16 Million Penalty in CFTC Case Against Digitex Futures Exchange and CEO

    Adam Todd, the CEO of Digitex, has been ordered by a US federal court to pay approximately $16 million in disgorgement and fines in relation to a case brought by the Commodity Futures Trading Commission (CFTC)
    Wayne Ingram
    Jul 14, 2023
  • Comprehensive Crypto Regulation: US Senators Reintroduce Important Bill

    Comprehensive Crypto Regulation: US Senators Reintroduce Important Bill

    On July 12, US Senators Cynthia Lummis and Kirsten Gillibrand announced that they will reintroduce the Responsible Financial Innovation Act,
    Hallie Gill
    Jul 14, 2023
  • Insights into the First Coinbase-SEC Hearing: What to Expect

    Insights into the First Coinbase-SEC Hearing: What to Expect

    The US Securities and Exchange Commission (SEC) and cryptocurrency exchange Coinbase are set to have a pre-motion hearing on July 13,
    Jerry McNeill
    Jul 14, 2023
  • IRS Probes Cryptocurrency Traders Exploiting Puerto Rico Tax Breaks

    IRS Probes Cryptocurrency Traders Exploiting Puerto Rico Tax Breaks

    Wealthy cryptocurrency traders and fund managers who may have illegally benefited from tax breaks in Puerto Rico are currently under investigation by US Attorneys and Internal Revenue Service (IRS) agents
    Sherry Cantwell
    Jul 14, 2023
  • CBDC Boom Predicted: Expect 24 Central Bank Digital Currencies by 2030

    CBDC Boom Predicted: Expect 24 Central Bank Digital Currencies by 2030

    According to a survey conducted by the Bank for International Settlements (BIS), an overwhelming majority of central banks, 93% to be precise,
    Craig Green
    Jul 13, 2023
  • Legal Battle Unleashed: Terraform Labs Co-founder Initiates Action in South Korea

    Legal Battle Unleashed: Terraform Labs Co-founder Initiates Action in South Korea

    Daniel Shin, co-founder of Terraform Labs, also known as Shin Hyun-Seong, is reportedly facing trial for charges related to allegedly deriving illegal profits from the sale of Terra (LUNA) tokens.
    Christopher Smith
    Jul 13, 2023
  • Grayscale Attorney: SEC Greenlights Volatility Shares' Investment Vehicle for ETF Push

    Grayscale Attorney: SEC Greenlights Volatility Shares' Investment Vehicle for ETF Push

    Grayscale, the digital asset manager, has filed a letter in its lawsuit against the US Securities and Exchange Commission (SEC) over the rejection of its spot bitcoin exchange-traded fund (ETF).
    Cornell Rachel
    Jul 13, 2023
  • Lawmakers Urge SEC and DOJ to Investigate Prometheum Amid China Allegations

    Lawmakers Urge SEC and DOJ to Investigate Prometheum Amid China Allegations

    Six members of the US Congress have urged the Securities and Exchange Commission (SEC) and the Department of Justice to investigate Prometheum,
    Wayne Ingram
    Jul 13, 2023
  • BoE Chief Embraces Enhanced Digital Currencies, Abandons Cryptocurrencies

    BoE Chief Embraces Enhanced Digital Currencies, Abandons Cryptocurrencies

    Bank of England (BOE) Governor Andrew Bailey addressed the issue of cryptocurrencies in a speech on July 10, expressing his preference for "enhanced digital currencies"
    Hallie Gill
    Jul 13, 2023
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