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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 21, 2023
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IMF examines CBDC design in context of Islamic banking, finds some risks magnified

A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected.   A national bank computerized cash can […]
March 21, 2023
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Coinbase pauses support for Signature Bank’s Signet: Report

The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature.   Over seven days […]
March 21, 2023
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Arbitrum token finds its way to OTC market before airdrop

Following the Arbitrum airdrop announcement, crypto users eligible for it are already selling them in OTC markets.   The Arbitrum people group is conjecturing and auctioning […]
March 20, 2023
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FDIC sells Signature Bank deposits to Flagstar, crypto not included

The 40 branches of Signature Bank will officially reopen and operate as Flagstar Bank on March 20.   Just a week after it collapsed, Signature Bank‘s […]
March 20, 2023
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UBS Group agrees to $3.25B ‘emergency rescue’ of Credit Suisse

Swiss authorities agreed to change the country’s regulations to bypass a shareholder vote and announce the deal over the weekend.   UBS Group agreed to buy […]
March 20, 2023
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Fed, central banks enhance ‘swap lines’ to combat banking crisis

Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic.   […]
March 16, 2023
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Forget HTTP: Ethereum has a new URL standard that can’t be blocked

Under a newly rolled out Ethereum standard, DApps and NFTs can be accessed by internet users without the worry of centralized censorship.   Web3 URLs – […]
March 16, 2023
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Biden wants to double capital gains and clamp down on crypto wash sales: Reports

The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately […]
March 15, 2023
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Signature Bank investigated for money laundering prior to demise: Report

The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering.   Two United States government agencies […]

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