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December 8, 2022
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Crypto lender Genesis has no solution yet for withdrawal halts

Genesis said it will take several more weeks to figure out a recovery plan for its lending business.   Crypto-lending platform Genesis has told customers that […]
December 7, 2022
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US lawmakers want State Department to justify crypto rewards and disclose payouts

The State Department should provide a report on the use of cryptocurrencies as a means of payment and evidence that it is more encouraging for those […]
December 7, 2022
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Japan recommends against algorithmic backing in stablecoins

The potential legal status of streaming at the Japan Financial Services Agency is unclear as the current law is silent on algorithmic stablecoins.   After passing […]
December 7, 2022
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Gate.io pledges $100M to revive crypto and rebuild investor confidence

With investors shifting their money from exchanges to private holdings, the market’s financial crisis poses an immediate threat to struggling crypto businesses.   In an effort […]
December 6, 2022
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UK crypto bill to restrict services from abroad: Report

The regulatory changes will expand the powers of the national financial regulator and put the crypto industry under stricter control.   Despite the acceptance of the […]
December 6, 2022
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Metallica issues crypto scam alert before the 72 Seasons album launch

Taking advantage of the hype surrounding the release of Metallica’s new album and upcoming tour, scammers began targeting metalheads through social media.   It is clear […]
December 6, 2022
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Goldman Sachs reportedly looking to buy crypto firms after FTX collapse

Goldman Sachs CEO Mathew McDermott said that their company is active in some crypto businesses.   As the value of the crypto industry is affected by […]
December 5, 2022
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Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse

Multinational bank Standard Chartered considers the potential downsides of Bitcoin in 2023 as a cryptocurrency around the weather facing the fall of FTX.   The value […]
December 5, 2022
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Crypto community baffled by SBF dictating terms over congressional hearing

Many people in the crypto community have pointed out that Bankman-Fried’s political gifts and strong Democratic connections from his parents, are one of the main reasons […]
December 5, 2022
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Audit firm Mazars to verify KuCoin’s proof of reserves

Mazars, the former accounting firm of Donald Trump’s office, was recently hired to review Binance’s PoR.   Crypto Exchange KuCoin has engaged foreign investment firm Mazars […]
March 9, 2023
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Marathon Digital terminates credit facilities with Silvergate Bank

The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity.   Bitcoin mining company Marathon […]
March 8, 2023
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Silvergate reportedly talks with FDIC on ways to avoid shutdown

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank.   Regulators are reportedly holding […]
March 8, 2023
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Jack Dorsey’s Block asks for input on the proposed ‘mining development kit’

Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining.   Payments company Block, […]
March 8, 2023
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Debate over 2FA using SMS after SIM-swapping victim sues Coinbase

While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA. […]
March 6, 2023
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‘Scammers dream’ – Yuga’s auction model for Bitcoin NFTs sees criticism

Yuga Labs’ first Bitcoin NFT collection saw some backlash from the crypto community over the weekend, pointing to flaws in how it conducts the auction.   […]
March 6, 2023
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Pakistan banks agree on blockchain-based KYC system development

The blockchain-based national eKYC banking platform aims to strengthen Anti-Money Laundering capabilities while countering terror financing.   The Pakistan Banking Association (PBA) – an association of […]
March 6, 2023
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Internal documents reveal Australia’s potential timeline for crypto legislation: Report

Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least.   Australia’s crypto […]
March 2, 2023
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Silvergate stock plunges 31% after delayed filing raises doubts over future

Crypto-friendly bank Silvergate has delayed filing its 10-K, an annual report on the financial health of the company. The news has sent its stock price down […]
March 2, 2023
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Decentralized finance to be examined at inaugural CFTC tech advisory meeting

A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.”   It is expected that the US commodity regulator […]

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