The market cap of top USD-pegged stablecoins has fallen significantly over the past two weeks following FTX’s implosion, according to available data. Crypto investors are massively redeeming their stablecoin holdings for fiat following the recent market conditions […]
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed […]
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the […]
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance […]
According to the email, the breach exposed “customer names, email addresses, residential addresses, phone numbers, dates of birth, device IDs, public wallet addresses, transaction history, and account balances.” Although the email was sent yesterday, Coinsquare […]
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into […]
US Congressman Tom Emmer criticized the Securities and Exchange Commission chair, Gary Gensler, on his approach toward the regulation of the cryptocurrency industry. According to Emmer, lawmakers have become more concerned about Gensler’s approach to the industry. […]
This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC […]
Blockchain analytical firm Arkham Intelligence revealed that Alameda Research withdrew $204 million from FTX US before its collapse. Between November 6 and when the crypto exchange collapsed, the top three entities that withdrew the most funds […]
Digital Currency Group (DCG) has published a letter to investors clarifying its financial standing while also showing the web of intercompany loans between it and its subsidiary Genesis Global Capital. The crypto conglomerate disclosed that […]
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