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Cryptocurrency venture capital firm Digital Currency Group (DCG) reported losses of over $1 billion in 2022 due to the collapse of Three Arrows Capital (3AC), a crypto hedge fund. DCG’s Q4 2022…
Robinhood Markets, the popular trading platform, is under investigation by the U.S. Securities and Exchange Commission (SEC) over its cryptocurrency operations. The SEC issued an investigative subpoena to Robinhood in November, following…
Coinbase, one of the largest cryptocurrency exchanges in the US, announced that it would suspend trading for the Binance USD (BUSD) stablecoin on March 13 due to its “listing standards.” The decision…
Grayscale Investments’ CEO Michael Sonnenshein, has stated that the United States Securities and Exchange Commission (SEC) acted “arbitrarily” in denying approval for the Grayscale Bitcoin Trust (GBTC) to become a spot Bitcoin…
Republic, the third largest equity crowdfunding portal in the U.S., launched the “Republic Realm Metaverse Real Estate Fund” in March 2021. The fund’s focus is on purchasing virtual real estate in NFT…
Circle CEO Jeremy Allaire argues that stablecoins should be regulated by banking authorities rather than the United States Securities and Exchange Commission (SEC). In a recent interview with Bloomberg, Allaire expressed his…
US Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman met on Thursday on the sidelines of the G20 finance chiefs meeting to discuss various economic issues, including strengthening multilateral development…
Germany’s DZ Bank has partnered with Swiss firm Metaco to offer digital asset custody services, despite dwindling institutional sentiment associated with cryptocurrencies in Germany. DZ Bank is Germany’s second-largest lender by assets…
Indian cryptocurrency exchange WazirX has announced that it is shutting down its non-fungible tokens (NFT) marketplace due to a lack of traction, amid high taxes, regulatory uncertainties, and global market volatility. The…
Former FTX CEO, Sam Bankman-Fried, has agreed to pay for a security expert to assist the judge overseeing his fraud case in navigating modern encryption technology. The expert will help the judge…
You are all caught up.
