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US Court Orders Operator of Digital Asset Trading Scam to Pay $54 Million

30.6.2023
According to the Commodity Futures Trading Commission (CFTC), Michael Ackerman, the operator of an alleged fraudulent digital asset trading scheme, has been issued with an injunction order which bars him from trading in any CFTC-regulated markets or registering with the CFTC. The injunction also...

Swiss Central Bank to Launch Wholesale CBDC Soon Says Chairman Thomas Jordan

28.6.2023
The Swiss National Bank (SNB) said it plans to issue a wholesale central bank digital currency as a pilot via SIX Digital Exchange, a subsidiary of SIX, an operator of infrastructure for the Swiss and Spanish financial centers. SNB chairman Thomas Jordan said while the Central Bank has not ruled...

TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins

20.6.2023
Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment...

Cboe Receives CFTC Approval to Launch Leveraged Crypto Derivatives

7.6.2023
Crypto exchange and clearinghouse Cboe Digital will be able to offer margined bitcoin and ether futures contracts with the approval of the U.S. derivatives markets regulator. This will allow its clients to trade cryptocurrency futures with less collateralized capital upfront. Cboe Wins Regulatory...

Uh-Oh: USAF’s Killer AI Drone Sounds Straight Out Of Horizon Zero Dawn

2.6.2023
Something unexpected happened in a simulated test of an AI-powered military drone. The robot, tasked with taking out specific targets on approval of a human operator, decided to just take out the human so it could take out all the targets that the human might say no to. And somehow, this wild story...

Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America

23.5.2023
According to the Connecticut Department of Banking, commissioner Jorge Perez revealed that the regulator has reached a settlement with the crypto automated teller machine (ATM) and kiosk operator Bitcoin of America. As part of the settlement, Bitcoin of America will pay $86,000 in restitution,...

$SAI’s Skyrocket on Friday Shows Enormous Potential in Bitcoin Heating

17.4.2023
PRESS RELEASE. SAITECH Limited (SAI for short), a clean energy and computing operator based in Singapore, saw a surge in its stock price last Friday. The highest increase in SAI’s stock price on that day was $7.4, a 387% rise from the previous day’s price. The closing price of...

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

26.3.2023
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major...

Bank of Russia Registers Another Digital Asset Issuer

13.3.2023
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number...

Upbit Operator Denies it Wants to Buy a Securities Firm

28.2.2023
Dunamu, the operator of Upbit, South Korea’s biggest crypto exchange, has denied it is poised to buy a securities company – and says it is instead eyeing non-fungible token (NFT) expansion. The operator has recently been linked with a takeover move for an unnamed domestic securities provider....

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