September 12, 2023
“At least $3.4 billion worth of crypto is likely to be sold by FTX so it can return fiat currency to its users instead of tokens, which should create an overhang for altcoins for the rest of the year, Matrixport… Continue Reading…
July 28, 2023
“BlackRock Inc. Co-Founder and CEO Larry Fink wants to “democratize” Bitcoin through a spot trading Bitcoin exchange-traded fund (ETF)… “We believe we have a responsibility to democratize investing. We’ve done a great job, and the role of ETFs in the world… Continue Reading…
June 22, 2023
“BlackRock Inc.’s surprise filing for a US spot Bitcoin exchange-traded fund last week has led to a flurry of similar applications from rival issuers and speculation that the asset manager has key insights that will lead to approval of its… Continue Reading…
“Crypto firm Ripple buys Swiss startup as SEC crackdown forces companies to consider overseas moves”
May 17, 2023
“Blockchain firm Ripple said Wednesday it has acquired Metaco, a Swiss firm that holds digital assets securely on behalf of clients, in a bid to expand its international footprint and broaden its range of services. News of the deal, one… Continue Reading…
March 13, 2023
“New York state regulators on Sunday shut down Signature Bank, a big lender in the crypto industry, in a bid to prevent the spreading banking crisis. “We are also announcing a similar systemic risk exception for Signature Bank, New York, New… Continue Reading…
January 18, 2023
“Bankrupt crypto firm FTX said on Tuesday that $415 million worth of crypto was hacked from the exchange’s accounts, representing a sizable portion of the identified assets the company is trying to recover… At the time, the stolen crypto was valued at… Continue Reading…
January 10, 2023
“Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950 jobs, according to a blog post published Tuesday morning. Coinbase, which had roughly 4,700 employees as… Continue Reading…
January 4, 2023
“Coinbase settled a case with New York’s state financial regulator, the parties announced Wednesday, and will pay a $50 million fine and invest a further $50 million in compliance efforts. Regulators from the New York Department of Financial Services said that the company… Continue Reading…
December 28, 2022
“Digital currency exchange Kraken will close down its operations in Japan next month, in another sign of consolidation in the battered crypto industry. In a blogpost on Wednesday, Kraken said it would cease crypto trading services through its Japanese subsidiary, Payward Asia,… Continue Reading…
December 23, 2022
“FTX founder Sam Bankman-Fried was released on $250 million bond while awaiting trial for fraud and other criminal charges, a New York federal judge ruled Thursday. Bankman-Fried stepped out of U.S. District Court in Manhattan, flanked by his parents, his legal team,… Continue Reading…
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