Judge withdraws from FTX case citing conflict of interest
Judge Ronnie Abrams steps away from prosecuting the crypto mogul Sam Bankman-Fried, as her husband had a connection with the ill-fated crypto exchange FTX. Abrams wrote in a filing that…
SBF seen ‘chilling’ in business lounge after he was bailed for $250 million
The crypto community spotted the ex-CEO of the ill-fated FTX at the JFK airport’s business lounge. Bankman-Fried was ‘relaxing’ with his laptop and other belongings before his flight to San…
NFT Marketplace OpenSea Bans Cuban Creators Citing U.S Sanctions
OpenSea insisted that it is only abiding with federal sanctions legislation. The U.S sanctions on Cuba are implemented through a number of different laws. OpenSea, the biggest marketplace for NFTs,…
SEC Will Crack Down on Crypto Firms That dont Comply With Its Rules ~ Chair Gensler
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its…
Mercedes Benz Seeking Metaverse Trademarks
Mercedes-Benz files for NFT and metaverse trademarks.Mercedes formula one team previously released NFT tickets for Miami Grand Prix.Mercedes-Benz group, the German luxury automobile is planning to expand its empire in…
Italy and Albania lost to scammer over €15 million Crypto equivalent
Eurojust-organized operation in 13 places within Albania.The authorities seized assets worth over $3 million.The European Union criminal justice agency Eurojust engaged with Albanian and Italian law enforcement authorities to prevent…
Security Exchange Commission Warns Crypto Investors: “Be Wary Of Proof of Reserve ”
Since the demise of FTX, several crypto firms have commissioned “proof-of-reserves” audits.The change comes as the fallout from FTX has spread throughout the crypto industry.The Securities and Exchange Commission (SEC)…
Bitcoin Tends to Trail Significant Stock Market Bottoms
Bitcoin tends to bottom out at least six weeks before the S&P 500 Index.Delphi Digital shows that cryptocurrencies are riskier assets than stocks.Bitcoin (BTC), the dominant cryptocurrency in the global…
Firms Auditing Crypto Firms Being Watched Closely by U.S SEC
The SEC has voiced worry about investors being given a false sense of security.A number of cryptocurrency exchanges have advocated publishing evidence of reserves.Audit firms doing crypto company audits may…
Twitter Introduces Bitcoin And Ethereum Price Index Feature
Twitter’s Business account announced the launch of this new feature.So far, Bitcoin and Ethereum are the only two cryptocurrencies with available price charts.It is now possible to look for the…