The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The document, released by the Reserve Bank’s Prudential Authority, advises banks to employ anti-money laundering and […]
FTX founder Sam Bankman-Fried has denied that the exchange has FDIC insurance while apologizing for any information that might have been misinterpreted to mean FTX.US is FDIC-insured. In an August 19 tweet, he explained that […]
Yesterday, the market recorded the highest daily number of liquidations since June 13, 2022. Long liquidations reached $562 million in just 24 hours. Most of these losses were in the BTC and ETH markets. However, […]
The public affairs office of the Superintendent of Financial Institutions has announced an interim approach for crypto assets held by federally regulated financial institutions and will reduce the contact with cryptocurrencies. The Superintendent of Financial […]
The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme reached a market […]
Voyager, which is currently undergoing bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of New York, asked a federal judge to approve $1.9 million of its funds for a “Key Employee Retention […]
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up […]
Coinbase CEO Brian Armstrong said he would rather shut down the exchange’s Ethereum staking service than bow to U.S. government demands to censor sanctioned transactions. “It’s a hypothetical we hopefully won’t actually face. But if […]
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW […]
Anthony Hopkins is launching his first NFT collection, which will serve as a reflection of his previous work, including his role as Hannibal Lecter in ‘The Silence of the Lambs.‘ For the NFTs release, the […]
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