According to the Jeremy Allaire, CEO of Circle, banking regulators would probably be more effective in providing oversight for stablecoins. He also expressed his general agreement with the SEC’s proposal for a qualified custodian. During an interview with Bloomberg yesterday,…
Regulators oppose Binance.US and Voyager’s billion$ deal for being unlawful, with a focus on Voyager’s VGX token
Regulators from New York and federal finance have filed objections to the $1.02 billion deal proposed by Binance.US to acquire assets from the bankrupt crypto lender Voyager Digital.As per Feb 22 filings, it could be discriminatory and unlawful. As per…
Four New Criminal Charges Filed Against FTX Founder Sam Bankman-Fried
Former FTX founder Sam Bankman-Fried (SBF) is facing new charges that include operating an unlicensed money transfer business and involvement in bank fraud. The indictment alleges that SBF used his position of trust to steal FTX customer deposits and used…
A hidden cryptocurrency mining operation discovered inside Cohasset school
A former town employee from Cohasset, Massachusetts, named Nadeam Nahas, was scheduled to appear in court on Thursday as a suspect in an alleged cryptocurrency mining operation that was illicitly connected to the electrical system of Cohasset Middle High School.…
Hong Kong plans to make crypto purchase and trading legal for all of its citizens
While United States is struggling to give a clear legislation to crypto companies and pushing them away from the boundaries with hefty fines, Hong Kong legislators plans to make crypto available to all its citizens starting June 1st. This will…
Reserve Bank of India(RBI) Governor Mr.Das says Crypto must be banned and compares it to gambling
RBI (Central Bank) has been playing the ban game for a while and ruling against its citizens to have control over the Indian currency. They have gone to the extent of not allowing fiat to crypto transfer and even taxing…
One of largest crypto miner public company files for Bankruptcy
FTX bankruptcy has created a havoc in the crypto space and it’s taking lot of dependencies down with them. Crypto mining companies have faced downhill, particularly if they purchased miners using funds raised during the peak bull run without considering…
Solana takes a massive plunge and rumor says a story
Solana has had a significant decrease in popularity and value following the collapse of FTX and the ongoing bear market. There have been reports on social media about reduced development on Solana, but the Solana team has denied these claims…
Helium Crypto, One more of Kevin O Leary’s investment may be a potential scam like FTX? (Opinion)
FTX bankruptcy has created a ripple effect all over the crypto ecosystem. One of the known personality who is in limelight with the FTX news is Kevin O Leary , who also have some percentage of investments in Helium as…
Sam Bankman, FTX spread rumor that Binance is a Chinese company for his benefit – CZ
Recently CZ was interviewed by Susan from Fox Business and he was asked about his ties with China and the Chinese government. CZ confirmed that “I am a Canadian citizen for 33 years and I have no ties with the…