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FTX Leadership Seeks Return of Over $1B in Cash, Stocks From Former Executives
21.7.2023
The lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island
US state agency issues alert on crypto fraud happening over social media
21.7.2023
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram
Move Over Shiba Inu: Crypto Community Flirts With Hamster Race Betting
21.7.2023
A bunch of actual hamsters are racing on a new platform, and returns-starved traders are placing BUSD-based bets on who wins
Over 70% of Spanish Crypto Traders Declared Losses in FY2022 – Report
21.7.2023
Over 70% of Spanish crypto traders declared losses in the financial year 2022, a new report has found.
Per the media outlet Europa Press, the claims were made by TaxCripto, an accountancy firm that specializes in preparing tax returns for crypto holders.
The declared losses were significantly...
UK banks risk losing licenses for debanking customers over political views
21.7.2023
The British government may impose tighter freedom of speech protections on banking permits following a public dispute between Nigel Farage and Coutts bank
BRICS Interest Soars: 40+ Countries Seek Membership as De-Dollarization Efforts Grow
21.7.2023
South Africa’s top diplomat responsible for BRICS relations has revealed that more than 40 countries are interested in joining the economic bloc. Among them, 22 nations have formally applied for membership. He believes that the BRICS group could expand to include more than 50 countries. BRICS...
Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard
21.7.2023
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit unions across the country to support the widespread...
Coinbase to Wind Down Lending Program Over Coming Months
20.7.2023
Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said
FTX sues over investments, donations made by charity arm to life sciences companies
20.7.2023
The money was intended to add to Bankman-Fried’s political influence and goodwill and did not benefit FTX or Alameda Research
ChatGPT’s capabilities are getting worse with age, new study claims
20.7.2023
Some of ChatGPT's responses have shown the model's accuracy deteriorated over the last few months and researchers can't figure out why
Biggest Movers: SOL Snaps Losing Streak as XRP Climbs 5% Higher
19.7.2023
Solana ended a three-day losing streak on Wednesday, as the token moved back above the $26.00 mark. The decline came following Friday’s move above $32.00, which took the price to an eight-month high. XRP has also rebounded today, and looks to be heading for its recent high over $0.9400....
SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value
19.7.2023
Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The aggregate worth of these prominent digital assets...
BRICS Leaders to Talk Expansion at August Summit, Host Confirms
19.7.2023
The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to membership. Nearly 20 Nations Aspire for BRICS...
Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders
18.7.2023
Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT). Together, these tokens amass a considerable worth...
SEC Chair Gary Gensler Expresses Disappointment Over Ripple Court Ruling, Continues Evaluation
18.7.2023
Securities and Exchange Commission (SEC) chair Gary Gensler has said he is “disappointed” in a court ruling that declared that Ripple’s XRP token is “not in and of itself” a security....
Read More: SEC Chair Gary Gensler Expresses Disappointment Over Ripple Court Ruling, Continues Evaluation
Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours
18.7.2023
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day
Modern Warfare II Operators, Weapons, And Bundles Transfer To New Game
18.7.2023
While we still have yet to see this year’s Call of Duty game, it sounds like Activision is implementing something new to the shooter series when it launches in the fall: cosmetic carryover between the last game and the next.Read more
Study: Six Countries Account for Over 90% of Africa’s Crypto Interest in H1 2023
18.7.2023
Between Jan. 1 and July 4, the Nigerian share of Africa’s overall interest in cryptocurrency stood at 66.8%, a figure nearly eight times that of second-ranked South Africa’s share, according to the latest Coingecko report. South Africa, along with Morocco, Ghana, Egypt, and the Ivory...
Crypto headcount surges over 100% since 2019 despite implosions
18.7.2023
While industry giants like Binance hire and lay off thousands of people, other crypto heavy-weights like Tether currently only have 60 employees
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
18.7.2023
Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings