Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD stablecoin pairs via the One Common Billing System…
Michael Burry, known for his role in the financial crisis of 2008 and inspiration for the movie “The Big Short,” recently tweeted that he was “wrong to say sell.” This tweet referenced…
Cryptocurrency exchange OKX has opened an office in Hong Kong and intends to apply for virtual asset licenses to offer digital asset services in the city. OKX plans to apply for the…
MicroStrategy, a business intelligence firm, has acquired 6455 BTC for around $150 million, according to the firm’s founder and CEO, Michael Saylor. The BTC was purchased at an average price of $23,238…
The United States Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its CEO Changpeng Zhao for alleged trading violations. According to a Bloomberg report, the lawsuit was filed…
Coinbase, a well-known cryptocurrency exchange, is exploring the possibility of launching “flatcoins” on its Base network. The exchange revealed that “flatcoins” are essential and are among three other “critical innovations” that are…
American venture capitalist and entrepreneur Tim Draper has advised business founders to keep at least two payrolls’ worth of cash in Bitcoin or alternative cryptocurrencies, in response to the uncertainty created by…
German bank Deutsche WertpapierService Bank (Dwpbank), which provides securities processing to around 1,200 banks in Germany, is set to launch a new platform called wpNex in the second half of this year.…
US exchange group Nasdaq is entering the digital asset custody space following the recent bankruptcies of crypto lenders, well-established companies, and exchanges. Nasdaq Digital Assets plans to offer custody services for Bitcoin…
According to Tether’s chief technology officer Paolo Ardoino, Tether, the issuer of stablecoin USDT, is expecting to make a $700 million profit in the first quarter of 2023, which is similar to…
Shares of Coinbase, the popular cryptocurrency exchange, dropped by as much as 20% in early trading on Thursday after the U.S. Securities and Exchange Commission (SEC) informed the company that it may…
A person suspected of being Do Kwon, the creator of the failed stablecoin TerraUSD, has been arrested in Montenegro. The suspect was detained in the airport of the country’s capital with false…
The US Securities and Exchange Commission (SEC) has charged Justin Sun, the founder of cryptocurrency Tron, for the unregistered offer and sale of Tronix and BitTorrent tokens. The SEC has also charged…
The recently published US Economic Report of the President is skeptical about the potential benefits of cryptocurrencies. The report acknowledges the potential benefits of distributed ledger technology, but it mainly focuses on…
Irina Dilkinska, a Bulgarian national who held the position of “head of legal and compliance” at OneCoin, has been extradited to the United States to face charges of conspiracy to commit wire…
Circle, the stablecoin issuer, has submitted applications to become a licensed e-money provider in France and to register as a crypto provider. If successful, the move will allow Circle to offer its…
Crypto exchange Coinbase is reportedly exploring the possibility of moving a trading unit outside the United States as a way to diversify its regulatory risk. The decision comes amid unclear regulatory concerns…
Former Director of Cybersecurity and Secure Digital Innovation at the White House and co-author of President Joe Biden’s executive order on crypto, Carole House, has warned that if cryptocurrency and other financial…
South Korean prosecutors are investigating executives of major crypto exchanges in the country, including Bithumb and Coinone, for alleged bribery in the listing of certain cryptocurrencies on their platforms. The investigation adds…
Former Coinbase CTO Balaji Srinivasan has taken a $1 million bet on Bitcoin, predicting that the cryptocurrency will hit $1 million by June 17. The bet was initiated on March 17 when…
Microsoft is reportedly developing a Web3 wallet that can integrate cryptocurrencies and non-fungible tokens (NFTs) into its Edge web browser. Software documenter and occasional info leaker Albacore shared screenshots of the wallet’s…
India and the United Arab Emirates (UAE) have signed a memorandum of understanding (MoU) to develop a proof-of-concept and pilot program for a central bank digital currency (CBDC) bridge. The collaboration will…
The Federal Reserve has announced that its instant payments system, which is seen as a substitute for central bank digital currencies (CBDCs) and stablecoins, will be launched in July 2023. The payment…
US bank regulators are reportedly requesting that any institution interested in buying Signature Bank give up all crypto business, further isolating the digital asset markets from traditional banking. However, the Federal Deposit…
You are all caught up.
