Avoid Everything but Bitcoin and Ether ~The Wolf of Wall Street
BTC and ETH are the only crypto assets investors should deal with right now, Belfort said. Jordan Belfort – the infamous stock broker whose story inspired Martin Scorsese’s film “The…
Goldman Sachs wants to Invest Millions in Crypto Businesses due to FTX crash
Goldman Sachs sees some “really interesting opportunities” in the crypto industry following the FTX meltdown, McDermott said.The American multinational investment bank – Goldman Sachs – intends to spend tens of…
3AC Co-Founders Su Zhu, Kyle Davies Subpoenaed in Bankruptcy Case
Both Zhu and Davies’ locations also remained unclear. It is speculated that they currently reside in Dubai and Bali, respectively.A federal bankruptcy judge has approved the issuance of subpoenas to…
Koinly a UK-based Crypto Tax Firm Announces 14% Layoff of workers
The FTX collapse had a terrible effect on the crypto industry with several firms taking hits. Koinly, founded in 2018, is the tax partner for a number of cryptocurrency exchanges.…
Cryptocurrency Advertizing in the United States of America Under Scrutiny Over Possible Misconduct
The consumer watchdog is reportedly investigating several unnamed crypto firms. The United States Federal Trade Commission (FTC) is targeting certain crypto companies over deceptive or misleading advertising. With the latest…
Nigeria Restricted ATM Withdrawals to Promote CBDC Adoption
Nigeria urged citizens to use the eNaira and other channels by the central bank.Who breach the limits imposed by the government will be charged.Nigeria has significantly reduced the daily cap…
Sherlock Forecasts a $4M Loss From Maple Finance
Sherlock anticipates a $4M loss for its stakers, from the troubled loans on Maple Finance. Sherlock previously deposited $5 million in USDC of its staking pool onto the credit pool…
Tether Launching New Stablecoin on Tron Ecosystem
Tether announced to release of the Chinese Yuan (CNH) to the Tron blockchain.Bitfinex will be the first exchange to allow the user to deposit and withdraw CNH.Tether, the major blockchain-enabled…
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)…
Circle USDC Issuer Dissolves SPAC Agreement With Concord
The Circle’s upper management is dissatisfied with the timing of the deal’s collapse. Circle planned to list on the Nasdaq as a special purpose acquisition company (SPAC).On Monday, Circle Internet…