In order to streamline its operations, Coinbase intends to eliminate about 950 positions by the end of the second quarter. Including $58 million in cash charges for employee severance, the company estimates…
Voyager Digital, a bankrupt crypto lender, defends its $1 billion deal with Binance. They say that criticism and opposition to this deal by FTX affiliate Alameda Research are just hypocrisy. Voyager further…
The Justice Department made the announcement on Wednesday that it will be seizing millions of Robinhood shares. Robinhood is a popular app for trading stocks. Bankman-Fried, the defunct cryptocurrency exchange FTX, and…
Financial watchdogs found that Coinbase broke laws against money laundering by letting people open accounts without doing enough background checks; it must therefore pay a $50 million fine. Coinbase, a cryptocurrency trading…
In addition to preparing the ground for future interest rate increases in the months ahead, the Federal Reserve revealed on Wednesday that officials are still not sure if this year will require…
In 2023, Indonesia plans to open its own national cryptocurrency exchange. Over the past few months, the Asian country has been changing its financial regulations. Didid Noordiatmoko, the agency’s acting chief, declared…
It has been reported that U.S. banking regulators warned financial institutions on Tuesday that dealing with cryptocurrency exposes them to an array of risks, such as scams and fraud, of which they…
On Tuesday, Sam Bankman-Fried pleaded not guilty to eight charges related to the collapse of his former crypto exchange FTX and hedge fund, Alameda Research, in front of a New York federal…
In India, one of the leading manufacturers of passenger cars, Maruti Suzuki India, has taken yet another step into the realm of the metaverse. A metaverse platform has been launched by the…
According to the new budget approved by the Italian Parliament on Thursday, crypto traders will have to pay a capital gains tax of 26% starting in 2023. Reuters reported that Giorgia Meloni’s…
In an affidavit filed with the Bahamas Supreme Court, Christina Rolle, the Executive Director of the Bahamas Securities Commission, confirmed that the commission is holding FTX’s $3.5 billion in assets for the…
An investigation has been launched by the Delhi Police into a group of individuals who claim to have duped people for Rs.500 crore (approx. $60 million) by claiming to offer 200% returns…
The API keys of 100,000 users of the crypto trading service 3Commas had been leaked by an anonymous Twitter user. As a result, the revocation of the keys has been requested by…
As revealed in court documents, Sam Bankman-Fried and Gary Wang borrowed over $546 million from Alameda Research to acquire a 7.6% stake in Robinhood from Alameda Research. FTX and BlockFi are both…
A powerful storm swept across North America over the weekend, and miners across the U.S. shut down their computers. Between Dec. 21 and Dec. 24, the bitcoin mining hashrate decreased by about…
Gary Gensler, chairman of the Securities and Exchange Commission (SEC), has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. In addition, the…
In a recent interview with the Reserve Bank of India (RBI), the governor said that cryptocurrencies, such as bitcoin and ether, would cause the next financial crisis. According to the chief of…
After Sam Bankman-Fried, the CEO of FTX, was granted extradition from the Bahamas on Wednesday, the Federal Bureau of Investigation brought him to the U.S. overnight. During the hearing, the judge set…
A bankruptcy petition was filed by Core Scientific in the Southern District of Texas. The miner has between $1 billion to $10 billion in liabilities, and has about 1,000-5,000 creditors, with investment…
In the Indian parliament, a Lok Sabha member asked the Finance Ministry about the cryptocurrency bill. In response to a Lok Sabha question, Minister of State for Finance Pankaj Chaudhary said crypto…
Sam Bankman-Fried, the CEO of the bankrupt crypto exchange FTX, signed extradition papers yesterday. Earlier, he was fighting extradition to the USA. It is believed that SBF signed these papers and is…
SEC Chairman Gary Gensler and staff are facing a lot of criticism after the collapse of FTX, one of the largest crypto exchanges. The SEC Chairman has spoken about crypto regulations for…
Yesterday, Twitter updated its policy, stating that users cannot promote other platforms’ social media profiles on the platform. Remember that promoting 3rd party social media platforms is strictly prohibited at both the…
The day after its first release, ex-President Donald Trump’s non-fungible token (NFT) digital trading card collection was sold out early on Friday. The trade volume for the collection at the time of…
You are all caught up.
