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Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
20.12.2022
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising benchmark interest rates,...
Solana Struggles to Remain in the Top 20 as Prior Ties to FTX and Alameda Wounded the Project
16.12.2022
Amid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days. Since FTX’s fallout, the digital currency lost 8.5% over the last month against the U.S. dollar and to date, it’s...
Only for foreign trade: Bank of Russia stands against free crypto investment
16.12.2022
The Russian government doesn’t want to enable Bitcoin for regular Russian people but exclusively for foreign trade entities
ASIC commences penalty against 22-359MR Finder Wallet
16.12.2022
ASIC has filed a lawsuit against Finder Wallet after it is found offering unlicensed products to its customers. Other allegations surrounding Finder Wallet are that the platform has breached the conduct of disclosing the risk involved and did not comply with DDO about crypto-asset products. Finder...
ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation
16.12.2022
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above...
Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions
16.12.2022
The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central...
Opera launches security tools to protect users against malicious Web3 actors
15.12.2022
The browser also features the ability to enable HTTPS everywhere, bringing an extra layer of protection and making sure the websites people visit use proper encryption protocols
FTX Bankruptcy Court Warned Against Granting Bahamas 'Dangerous' IT Access
14.12.2022
Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are attempting to wind up the crypto exchange
Understanding the Charges Brought Against Sam Bankman-Fried
14.12.2022
Tether to reduce secured loans to zero in 2023 amid battle against FUD
14.12.2022
The move comes in response to a wave of mainstream media attacks and FUD, primarily from the Wall Street Journal
CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried
13.12.2022
On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including both fiat currencies and cryptocurrencies, were...
Indictment against SBF unsealed, contains 8 counts of financial and elections fraud
13.12.2022
The indictment from the Southern District of New York names only Sam Bankman-Fried, but contains allegations of illegal activities by “individuals known and unknown” as well
Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams...)
13.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber...
CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud
13.12.2022
According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets
US Government files charges against Sam Bankman-Fried
13.12.2022
The United States Government has finally filed formal charges against the ex-chief of the now-defunct and discredited FTX. Since the very time FTX filed for bankruptcy, it has been under the scanner of the US authorities. These were the innocent persons who seemingly had burnt their fingers due...
It's stacking up: SEC to file separate charges against FTX's SBF
13.12.2022
SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC
Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in The Bahamas
13.12.2022
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has been arrested in The Bahamas, according to local reports citing the country’s attorney general Ryan Pinder. According to Pinder, SBF’s arrest “followed receipt of formal notification from the United States that it has filed criminal charges...
Oryen Network (ORY): A hedge against inflationary Avalanche (AVAX) and Pancakeswap (CAKE)
12.12.2022
As the world continues its accelerated shift towards a more digital economy, the need for a stable currency grows increasingly urgent. Investors are constantly on the lookout for the next big thing. One recent project gaining attention is Oryen Network (ORY), a decentralized finance (DeFi)...
Paxful CEO preaches Bitcoin self-custody, advises against crypto exchange
12.12.2022
While some execs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of self-custody
Judge Dismisses Crypto Lawsuit Against Kim Kardashian
11.12.2022
A class action lawsuit against Kim Kardashian and Floyd Mayweather Jr. over their promotion of crypto token ethereummax has been dismissed. The judge stated that the law “expects investors to act reasonably before basing their bets on the zeitgeist of the moment.” Crypto Lawsuit Against...