Crypto Lender Delio Reportedly Plans Lawsuit Against Authorities.
Delio was fined $1.34 million and had its operations suspended for three months by the FIU.The company said that the assets confiscated by authorities might threaten its operations.After being investigated…
Crises at Binance as Top Executives Continue to Leave
Binance is facing a turbulent period marked by a series of high-level executive resignations.The most recent departures include Head of Legal and Chief Risk Officer at Binance.US.In the midst of…
AXS, BCH, and RUNE Pump Exponentially in the Market Volatility
Axie Infinity’s native coin AXS surges 12% in 24H.BCH saw a surge of 13% over 7 days. While a liquidation crisis on collapsed FTX exchange spread over the crypto market,…
Bitcoin Surges Above $26,500: Can Bulls Propel Prices Further?
If the price manages to go past the $28k resistance level, then it will likely test $31,480.Crypto Michael, an analyst, recently predicted an upcoming price surge for Bitcoin.Bitcoin and other…
Indian Engineer Scammed Over $120k in Crypto Romance.
An Indian software engineer lost more than $120,500 in a cryptocurrency scam by a romantic partner. The accused promised significant returns and convinced Patel to invest in Banocoin over three…
Singapore Bans 3AC Founders From Financial Management for 9 Years.
Singaporean financial authority MAS issued the ban, effective immediately. Following the collapse of Three Arrows Capital, co-founders Zhu Su and Kyle Davies dropped off the map. Since then, they’ve occasionally…
Russia Prepares to Legalize Decentralized Financial Organizations.
Is Russia Paving the Way to DeFi DAOs Friendliness in Evolving Legal Systems?Russia is working on ways to legalize and regulate decentralized financial organizations, popularly known as DAOs, to bring…
Solana (SOL) Shows Signs of Recovery Amid FTX Liquidation Chaos.
Solana trading volume saw a 44% spike in the past 24H.FTX approved to sell $3.4B crypto assets in bankruptcy proceedings.One of the major topics of discussion in the crypto world…
Hong Kong Monetary Authority Forges Key Partnerships for CBDC Pilot.
Since all trades are settled on the balance sheet of the central bank, credit risk is eliminated. The novel arrangement will encourage creativity, rivalry, and improved service delivery.In an effort…
FTX Secures Court Approval for $3.4B Asset Liquidation Plan.
U.S. Bankruptcy Judge Dorsey approves FTX’s crypto asset liquidation, which holds $3.4 billion.FTX has received permission to sell up to $100 million in cryptocurrency per week.Bankrupt cryptocurrency exchange FTX has…