Binance.US seeking ways to cut Changpeng Zhao’s majority stake: Report
Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the...
Year: 2023
Lawsuit against FTX celebrity promoters gets backup from former exec
Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the...
Memecoins are like Powerball for crypto fans: Matrixport exec
For a lucky few, memecoins can provide a “path to wealth,” but for others, they’re simply a “risky gamble,” Matrixport’s...
Bitcoin Price Prediction for Today May 11: BTC Price Slides to $26.8K
Bitcoin Risks Falling to $25,200 as the BTC Price Slides to $26.8K – May 11, 2023 The largest cryptocurrency has...
SEC Chair Warns US Default Would Have ‘Significant’ and ‘Lasting Effects’ on Investors, Markets
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations “would...
Goldman Sachs, Yellen Warn of US Default’s ‘Catastrophic Consequences’ — ‘There Is Real Risk to US Dollar’
A Goldman Sachs executive who also serves as the chair of a Treasury advisory committee has warned that a U.S....
Binance.US seeking to cut Changpeng Zhao’s majority stake: Report
Changpeng Zhao is the crypto exchange's founder, majority owner and chair. He is also the CEO and co-founder of the...
US Chamber of Commerce slams SEC’s ‘haphazard’ regulation efforts
The largest business organization in the world has thrown its weight behind Coinbase in its fight against the SEC. The...
Silvergate begins NYSE delisting process as it readies to cut 230 staff
The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an...
Big breath as Beacon Chain stops finalizing… and then recovers
The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes. An unidentified issue on Ethereum’s Beacon Chain led...
Pepe would be ashamed by PEPE investors
Memes come and go, but greed, harassment and “community” are stalwarts of the crypto industry. Death threats, viral rap videos...
Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express
IRS wants $38B in unpaid taxes from Alameda, Milady token surges 3,000%, restraining order for Arthur Hayes over 3AC “threatening”...
US House financial committee tells SEC they don’t like custody proposal
The letter criticizes the proposed rule for its impact on the banking industry, particularly in ways that would be disadvantageous...
Federal Reserve’s FedNow will integrate with Metal Blockchain
The integration will allow users to instantly convert cash to stablecoin for use in DeFi protocols. The Federal Reserve’s forthcoming...
BlockFi users to get back $297M from Wallet accounts: Report
Return of funds does not apply to users of interest-bearing accounts, ruled U.S. Bankruptcy Judge Michael Kaplan. A United States...
