San Francisco-based cryptocurrency payments firm Wyre has collapsed after nearly a decade in business, citing the financial challenges of the bear market as irrelevant to the “direction of regulators” by US hawks.
Lawyers representing US-based cryptocurrency exchange Binance.US, global exchange Binance Holdings Ltd., and Binance CEO Changpeng Zhao have accused the US Securities and Exchange Commission (SEC) of making misleading statements regarding an ongoing securities litigation case
Federal Reserve Chairman Jerome Powell expressed the view that stablecoins serve as a form of money and emphasized the need for robust regulatory oversight during a hearing at the House Financial Services Committee.
A group of researchers from the Bitcoin Policy Institute, a nonprofit think tank, strongly rejected the conclusions presented in a 2022 paper that claimed Bitcoin's scaling issues would result in limited future adoption.
Binance.US, the US-based cryptocurrency exchange, has informed its customers that it has resolved the issues with US dollar withdrawals by working with its banking partners.
On June 22, wallet infrastructure provider BitGo announced via Twitter that it has decided to terminate its acquisition of fintech infrastructure provider Prime Trust.
Google Cloud has announced the launch of its Anti-Money Laundering Artificial Intelligence (AMLAI) service, following a trial with London-based financial services group HSBC
On June 22, TrueUSD took to Twitter to announce that its TUSD stablecoin had no exposure to Prime Trust, the trust company currently facing regulatory challenges.
Cryptocurrency custody firm Prime Trust is facing heightened regulatory scrutiny, with Nevada business regulators declaring the company's financials to be "seriously deficient."
FTX, the cryptocurrency exchange, has filed lawsuits in Delaware bankruptcy court against several investment firms it was previously associated with, seeking over $700 million in damages.
Joe Tsai, the soon-to-be former executive vice chairman of Chinese tech giant Alibaba, is set to take over as the company's chairman following the resignation of Zhang Yong.
Cardano founder Charles Hoskinson is currently searching for a UFO — or some kind of space entity that crashed off the coast of Papua New Guinea in the Pacific Ocean.
EDX Markets, a new player in the cryptocurrency trading arena, has garnered support from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab.
The FBI has arrested Eric Council Jr., a 25-year-old from Alabama, for allegedly hacking the SEC's official X (formerly Twitter) account and posting a fake message claiming approval of the first US Bitcoin ETF.
