Japan’s Financial Watchdog Extends FTX Japan Suspension
In November, the FSA demanded that FTX Japan halt its activities.The bankruptcy of FTX will not impact the assets held by FTX Japan.On Wednesday, Japan’s Financial Services Agency (FSA) said…
U.S FTC Probing Crypto Firms Over False Promotions Post FTX Fall
The FTC was established as a separate United States government body. The agency also educates on how to avoid unfair or deceptive business practices.The United States Federal Trade Commission (FTC)…
Standard Chartered Analysts Predict Bitcoin Could crash more to $5000
Robertsen predicts gold will soar as much as 30% to $2,250 per ounce.This is a decline of roughly 70% from the current BTC price of about $17,000.The memo, headlined “The…
UK Completes Its Plan for Crypto Regulation due to FTX Demise
The UK Treasury is finalizing a plan for the regulation of the cryptocurrency industry.FCA already began monitoring UK’s crypto companies this year.The UK Treasury is reportedly finalizing a framework for…
Aave Announces Acquisition of Social Metaverse Developer ‘Sonar’
The Aave Companies is the parent company of many different crypto initiatives.Sonar is an iOS gaming app that lets users create and explore virtual spaces. Software development business Aave Companies…
Twitter CEO Elon Musk Reportedly Bringing in Twitter Coin
Prior to this, Elon Musk had mentioned about accepting Dogecoin (DOGE) on Twitter.After announcing, Jane Manchun Wong promptly cancelled her account.Monetization features, including a cryptocurrency called “Twitter Coin,” are supposedly…
Coca-Cola Releases NFTs Celebrating FIFA World Cup Qatar 2022™
Coca-Cola and Crypto.com will memorialize the passion, intensity, and remarkable skill of the top teams playing in the FIFA World Cup Qatar 2022™ in a series of NFT artworks inspired…
U.S Senator Claims Bitcoin Is a Commodity
The committee’s mandate includes monitoring the American commodities markets. In August, Boozman and many senators presented the DCCPA act. In a hearing on Thursday titled “Why Congress Needs to Act:…
South Korean Court Dismisses Terra Co-founder’s Arrest Warrant
The Court rejected the prosecutors’ arrest warrant of Terra officials including co-founder Daniel Shin. The court opted to reject the arrest order of people who made illegal profits, as per…
FTX kind of issue Haunts Yet Another Crypto Trading Firm
Aurus has not yet officially confirmed the issue but M11 Credit assured working on a joint statement. Former FTX CEO Sam Bankman-Fried may have apologized dozen times for the failure…