SEC Chair Gary Gensler’s recent appearance before the House Financial Services Committee sparked intrigue and concern within the cryptocurrency community. The testimony’s central focus was the Securities and Exchange Commission’s (SEC) puzzling position regarding spot bitcoin ETFs. Despite persistent inquiries,…
‘Alarm Bells For Crypto’—Leak Reveals Joe Biden Could Be About To Issue a Game-Changing Executive Order And Trigger Bitcoin Price Chaos
Cryptocurrencies, notably Bitcoin (BTC), have encountered profound uncertainty throughout this year. It is marked by a strict regulatory stance on crypto in the U.S. and actions from the Federal Reserve contributing to a challenging Bitcoin price landscape. Bitcoin is struggling…
Crypto Exchange Kraken Plans to Offer Trading US-listed Stocks
Kraken, a well-established player in the crypto exchange arena, is setting its sights on new horizons beyond digital assets. Founded in 2011, Kraken has not only withstood the test of time but has also demonstrated resilience in the face of…
Binance Japan partners with mega-bank MUFJ on stablecoin project
Mitsubishi UFJ Trust and Banking Corporation, Japan’s largest banking group, and Binance Japan, the local arm of the world’s biggest cryptocurrency exchange, have partnered to create fiat-pegged stablecoins. This collaboration utilizes the “Progmat Coin” platform, which is led by Mitsubishi’s…
World’s Largest Crypto Exchange Exits Russia
Binance, the world’s largest crypto exchange, has made a significant move by announcing the sale of its Russian operations and its complete exit from the country. This decision comes in the wake of reports suggesting that the U.S. Justice Department…
This $50 billion Australian bank is making a big bet on Tokenization
ANZ, a formidable financial institution boasting assets under management totaling a staggering $1.09 trillion, has taken a momentous stride toward bridging the two worlds of cryptocurrency and traditional finance. This colossal figure in the financial landscape, Australia and New Zealand…
JPEX: Hong Kong investigates influencer-backed crypto exchange
Hong Kong police are probing alleged fraud at cryptocurrency platform JPEX after investors claimed losses of HK$1.3bn ($166m; £134m). This case, which has led to the arrests of eleven individuals, including popular influencers, could be one of Hong Kong’s most…
Cardano (ADA) Welcomes First Crypto Options Exchange: What to Know
The Cardano (ADA) ecosystem is experiencing a growing wave of Decentralized Finance (DeFi) protocols. Among these, the OptionFlow testnet has taken a prominent position, enabling Cardano (ADA) users to engage in “put” and “call” options trading within a fully on-chain…
A crypto Firm Sent a Disability Worker $10m by Mistake. Months later, She was Arrested at an Australian Airport
In March 2022, Manivel, a disability support worker, found herself at Melbourne airport with a one-way ticket to Malaysia and nearly $11,000 in cash. Her journey took a surprising turn, stemming from an accidental transfer of over $10 million into…
Gala Games founders biff over $130M theft, corporate waste allegations
Gala Games, the blockchain gaming platform co-founded by Eric Schiermeyer and Wright Thurston, has found itself involved deeply in a legal battle that’s making headlines. These two co-founders who were once united in their mission, are now pointing fingers at…