The U.S. Securities and Exchange Commission (SEC) has opposed Binance’s U.S. affiliate’s proposed $1 billion acquisition of the assets of bankrupt cryptocurrency lender Voyager Digital.
The developer of the Mutant Ape Yacht Club knockoff series allegedly defrauded investors of $2.9 million and has admitted to participating in the scam.
Mastercard is launching a spotlight program for emerging music artists built on the Polygon blockchain to help budding creators harness the power of Web3 and blockchain technology.
The Ferrari-Velas partnership, which will begin in 2021 with an annual investment of $30 million, aims to increase fan engagement through non-fungible tokens (NFTs) and other sharing initiatives.
Due to liquidity issues surrounding Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Zhu Zhu published a twitter thread containing allegations against DCG and FTX.
Coinbase (COIN) will pay the New York State Department of Financial Services (NYDFS) a $50 million fine to settle allegations that it allowed users to open accounts without adequate background checks. The regulator found that the policies of the cryptocurrency exchange violated anti-money laundering laws.
In addition to overhauling crypto regulation, Indonesia has also introduced a central bank digital currency (CBDC) as well as a national cryptocurrency exchange.
A federal bankruptcy judge has ruled that cryptocurrency deposited into Celsius Network’s interest-bearing accounts actually belonged to the company, thanks to fine print.
Implementing zero-fee BTC transactions and some notable global acquisitions Binance’s market dominance soared throughout 2022 under the influence of FTX.
Core Scientific estimates that canceling the agreement with Celsius would provide $2 million in monthly revenue as long as bitcoin remains around $16,700.
According to reports, Morocco may introduce its first cryptocurrency bill “in the next few days.” The document has already been prepared by the central bank and will be discussed with industry stakeholders.
Former FTX CEO Sam Bankman-Fried has pleaded not guilty to all criminal charges he faces related to the collapse of the cryptocurrency exchange, including wire fraud, securities fraud and violations of campaign finance laws.
Grayscale’s Ethereum Trust (ETHE) is currently trading at a steep discount to its assets under management (AUM) due to declining institutional interest in the fund.
