Crypto

Check out the biggest breaking crypto market updates for today: Chinese Filecoin Mining Firm Charged For Allegedly Orchestrating $83.3 Million Pyramid Scheme A Chinese Filecoin mining firm and its four executives are reportedly facing a lawsuit at the People’s Court of Pingan County in China for their alleged involvement in an $83.3 million pyramid scheme.  […]

Check out the biggest breaking crypto market updates for today: Singapore Financial Regulator Issues Key Requirements For Stablecoin Issuers The Monetary Authority of Singapore (MAS) has officially released a revised regulatory framework to ensure stability for single-currency stablecoins (SCS) regulated in the city-state.  Specifically, the regulations target non-bank issued stablecoins that are pegged to the

Check out the biggest breaking crypto market updates for today:  Brazil’s Congress Moves To Levy Higher Taxes On Cryptocurrencies According to local reports, Brazilian lawmakers have approved amendments to a bill that recognizes cryptocurrencies as “financial assets” for tax purposes in foreign investments.  Specifically, the amendments seek to raise taxes on cryptocurrencies held overseas by

Check out the biggest breaking crypto market updates for today: Sam Bankman-Fried In Custody After Bail Is Revoked Over Leaks FTX founder Sam Bankman Fried (SBF) is reportedly back in jail after federal judge Lewis Kaplan revoked SBF’s bail on account of his recent attempts to tamper and intimidate witnesses by releasing information to New

Check out the biggest breaking crypto market updates for today:  Bittrex To Pay $24 Million Penalty Over SEC Crypto Allegations Bankrupt crypto exchange operator Bittrex Inc and its non-US affiliate have reportedly agreed to pay a $24 million penalty in order to settle charges of offering U.S. investors access to unregistered securities.  SEC enforcement director

Check out the biggest breaking crypto market updates for today:  Coinbase’s Base Mainnet Officially Opens To The General Public Yesterday, crypto exchange Coinbase announced that its new Base blockchain has officially opened to the general public. The launch features the first time a publicly listed company launched its own blockchain network. At launch, Base features

Check out the biggest breaking crypto market updates for today:  Payments Giant PayPal To Launch Dollar-Pegged Stablecoin On Ethereum Yesterday, global payments giant PayPal announced the launch of PayPal USD (PYUSD) – the firm’s own U.S. dollar-pegged stablecoin.  The stablecoin, which will be issued by Paxos Trust Co, is expected to become “a part of

Check out the biggest breaking crypto market updates for today:  Curve Offering $1.85 Million Bounty For Exploiter’s Identity (& Conviction) DeFi protocol Curve Finance is reportedly extending the bug bounty previously offered to the hacker to the general public. Thus far, the platform has recouped roughly 73% of stolen funds. Anyone who is able to

Check out the biggest breaking crypto market updates for today:  Ripple Ruling On Crypto Rejected By Federal Judge In Terra Case Judge Jed Rakoff, the federal judge overseeing the SEC’s lawsuit against Terraform Labs, has rejected District Judge Analisa Torres’ July 13 decision in the SEC’s case against Ripple.  Specifically, he disagreed with Judge Torres’

Check out the biggest breaking crypto market updates for today:  Kansas Heartland Tri-State Bank Closed By FDIC As Banking Crisis Deepens The Heartland Tri-State Bank of Elkhart is the latest bank to join the ongoing bankcrisis in the United States.  The Federal Deposit Insurance Corporation (FDIC) reportedly took control over the bank after it was