The agreement lets Genesis avoid expenses from the SEC lawsuit and prioritize repaying customers and creditors.Crypto lender Genesis Global has settled with the U.S. Securities and Exchange Commission (SEC) in…
Ark insisted that bitcoin has become an independent asset class worthy of a “strategic allocation in institutional portfolios.Cathie Wood’s asset management firm Ark Invest has predicted that the price of…
The SFC has issued licenses to only two cryptocurrency exchanges in Hong Kong so far.Businesses may cater to both retail and professional investors with the VATP license.The Hong Kong Securities…
Armstrong revealed show’s production costs of $25K/week & monthly legal bills of $100K are straining his finances. Ben Armstrong, widely known as “Bitboy,” has announced the discontinuation of his daily…
Polygon Labs becomes the next crypto firm to announce layoffs, but not as a cost-cutting measure.Polygon Labs – the main development team behind the Ethereum scaling network Polygon (MATIC) –…
The government fears more Bitcoin miners could come online as Bitcoin’s price increases, applying increased stress to electricity grids.The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency…
The team declared that all assets in the Phantom wallet are secure. Until the vulnerability is resolved, Phantom has temporarily disabled several of its services. A Distributed Denial of Service…
The UK police previously seized 61,000 bitcoin said to be the proceeds of a large-scale Chinese wealth management scam.A Chinese-British woman, Jian Wen, is facing charges in London for allegedly…
Celsius Network emerges from bankruptcy, distributing $3 billion to creditors. Spot On Chain reports Celsius’ $156.5 million ETH deposit to Coinbase Prime. Celsius Network LLC, a prominent cryptocurrency lending platform,…
A total of $5.4 billion is now in Tether’s surplus reserves, an increase of $2.2 billion.This is according to its latest attestation report by global auditing company BDO. Tether, the…
