Wells Fargo to pay $1B in shareholders lawsuit settlement
A Redditor highlighted the recurring violations of regulations by banks, expressing their frustration at the relatively muted response from the...
Day: May 18, 2023
Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform
The Hong Kong Monetary Authority is looking at retail CBDC use cases, such as the equity release of tokenized real...
Bitcoin trader predicts end of dip within weeks as BTC price adds 3.5%
Bitcoin is giving fresh bullish signals on low timeframes, leading to hopes that BTC price action may ditch its recent...
Bitcoin Price Rises To $27,300 – How Will The Debt Ceiling Debate Influence BTC?
Bitcoin (BTC) price has displayed massive volatility since March, with United States macroeconomics lining up between then and May. However,...
Grayscale and Bitwise distance themselves from Ether futures ETF plans
Grayscale has removed ETH futures ETF plans after a warning from the SEC, while Bitwise amended its SEC filing to...
Australian ‘Big 4’ bank begins trial for cryptocurrency payment blocks
One of Australia’s Big Four banks announced efforts to combat crypto fraud activities aimed at reducing losses from scams. Westpac,...
Montenegro prosecutors appeal against Do Kwon’s bail terms
Case files on the prosecutors’ appeal were sent to the Supreme Court in Podgorica for a decision. Terra co-founder Do...
FTX leadership sues Sam Bankman-Fried over $220M deal made prior to bankruptcy
When FTX tried to sell the platform after filing for bankruptcy, the top bid was for just $1 million, representing...
Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’
CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced and tailored approach needs to...
Ripple case: SEC Hinman docs could become public by June 6, lawyer suggests
The infamous Hinman Speech docs are required to be unsealed by June 6 according to a previous court order, suggests...
Korean lawmakers rally toward crypto rules in May after grisly murder case: Report
Crypto policy-making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets....
SEC warns that Filecoin ‘meets definition of a security’ — Grayscale
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying it believes its underlying asset...
Bitcoin price capitulation below $26K possible as Friday’s BTC options expiry looms
This week’s BTC options expiry could play a decisive role in Bitcoin’s price potentially trading below the $26,000 level. Bitcoin’s price...
GridPlus to open source wallet firmware in Q3 amid Ledger debacle
As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others...
Ripple case: SEC Hinman docs must become public by June 6, lawyer suggests
The infamous Hinman Speech docs are required to be unsealed by June 6 according to a previous court order, suggests...
