Bank of America CEO Foresees Mild US Recession
Brian Moynihan, the CEO of Bank of America, recently mentioned a “relatively mild recession” coming to the US. During the bank’s quarterly earnings call, he highlighted that the US consumers are in…
Brian Moynihan, the CEO of Bank of America, recently mentioned a “relatively mild recession” coming to the US. During the bank’s quarterly earnings call, he highlighted that the US consumers are in…
Michael Saylor, co-founder of business analytics software firm MicroStrategy and a passionate advocate for bitcoin, has integrated the Lightning Network into his corporate email address, allowing anyone to send bitcoin to the…
The Securities and Exchange Commission (SEC) has filed charges against cryptocurrency exchange Bittrex and its former CEO, William Shihara, accusing them of operating an unregistered securities exchange. The complaint, filed on Monday,…
A recent draft bill outlining a regulatory framework for stablecoins in the United States has been published on the House of Representatives’ document repository, just days before an April 19 hearing on…
Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), recently spoke out against Binance and its leadership, alleging that the cryptocurrency exchange knowingly operated outside of U.S. laws governing commodities and…
The U.S. District Court for the Southern District of New York has issued a subpoena to Justin Sun, the founder of Tron, in connection with a Securities and Exchange Commission (SEC) civil…
Solana has revealed the launch date for its crypto-centric Saga smartphone, with pre-ordered devices already being shipped. Solana Labs has officially confirmed that its crypto-ready smartphone, the Saga, will launch on May…
The increasing popularity of cryptocurrencies has led to greater government oversight and taxation on investors. However, a significant number of Spanish taxpayers have chosen to evade digital asset taxes, prompting action from…
Beijing-based cryptocurrency mining company Bitmain has been hit with a significant tax penalty for reportedly violating tax regulations in China. According to local news agency Sina Finance, the Beijing Municipal Office of…
Two identical bills have been introduced in Texas, proposing the creation of a gold-backed digital currency, marking the first of its kind at the state level. Meanwhile, crypto miners face reduced incentives…
South Korean cryptocurrency exchange GDAC has reported a security breach on its platform, resulting in a loss of $13 million worth of digital assets from its hot wallet. The incident took place…
Binance, the global cryptocurrency exchange, is facing challenges in establishing a new bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States. The failure of…
Florida Governor Ron DeSantis has expressed concern about the Federal Reserve’s upcoming digital currency, known as the FedNow CBDC, and its potential impact on the financial freedom of US citizens. Speaking at…
Real estate mogul and prime minister candidate Srettha Thavisin is promising to distribute digital currency to every citizen of Thailand if his political party, Pheu Thai, wins the next general election. The…
Binance, the world’s largest cryptocurrency exchange, has faced a lot of trouble lately, and it appears that this trend continues. The latest bad news comes from Australia, where the Australian Securities and…
PostFinance, a Swiss financial services company owned by the government, has partnered with digital assets bank Sygnum to provide regulated crypto services to its customers. The partnership will allow PostFinance’s customers, which…
Ray Youssef, CEO of Paxful Bitcoin exchange, has announced the indefinite suspension of the marketplace, citing regulatory challenges and staff departures. This move comes as a growing list of cryptocurrency exchanges are…
In recent years, Dogecoin has become a popular meme coin, but its real growth began when Tesla CEO Elon Musk started tweeting about it. Each time he tweeted positively about DOGE, the…
A group of blockchain bots running maximal extractable value (MEV) transactions suffered a significant loss of over $25 million in a recent sophisticated exploit on the Ethereum blockchain. MEV bots work like…
Four foreign crypto exchanges, including Bybit, BitForex, MEXC Global, and Bitget, have been accused by Japan’s Financial Services Agency (FSA) of operating in the country without proper registration. The FSA warned the…
Binance, a cryptocurrency exchange, and its CEO CZ have been facing a lot of scrutiny lately. The US Commodity Futures Trading Commission (CFTC) recently filed charges against the company, and a report…
The US government is reportedly the largest holder of Bitcoin, holding over 2,05,000 BTC as of March 27. This is due to the seizure of Bitcoin maintained by individuals connected to the…
Seattle-based cryptocurrency exchange Bittrex has announced that it will close down its operations in the US. The exchange’s CEO, Richie Lai, cited an uncertain regulatory environment as the reason behind the move.…
Elon Musk and his legal team have requested a US judge to dismiss a $258 billion lawsuit filed by investors who accused him of operating a pyramid scheme to promote Dogecoin. The…
You are all caught up.