Ukraine, US Shut Down 9 Cryptocurrency Exchanges
Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal...
Month: May 2023
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit...
Nigerian national blockchain policy gets government approval
Nigeria's federal executive council has approved the national policy on blockchain to help the country develop a regulatory framework to...
Bitcoin eyes liquidity above $30K as gold hits new all-time high
Bitcoin is back above $29,000 as the ongoing U.S. banking crisis sends spot gold higher than ever before. Bitcoin (BTC)...
Mainstream media renew push for non-US FTX user identities
A May 3 filing to the United States Bankruptcy Court brings new objections to a motion that aimed to redact...
State regulators crack down on fraudulent cryptos promoted as ‘Elon Musk AI Token’ and ‘TruthGPT Coin’
According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin." The...
CEX trading volumes decline in April after months of growth: Kaiko
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April. Centralized crypto...
US regional bank shares sink despite Fed calling banking system ‘sound’
PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic...
Coinbase to cease issuing new Bitcoin-backed loans via Borrow service
The service allows users to borrow up to $1 million with no credit check, provided they post Bitcoin as collateral....
$22M of Curve Finance algo stablecoin minted since mainnet launch
Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network. Decentralized finance (DeFi) protocol Curve...
Robert Kennedy Jr Warns of Mega Economic Crisis — Says ‘It’s Not Just the Banks’
U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that “the banking collapse is the tip of an economic mega-crisis,”...
Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase
Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver...
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects,...
SEC steps back from defining digital assets in new hedge fund rules
The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term...
ChatGPT and AI the newest vector for malware: Meta security team
Security researchers at Meta said “bad actors” have flocked to generative AI because it’s the latest tech to capture “people’s...
