Former Deutsche Bank Investment Banker Faces up to 30 Years in Prison for Crypto Fraud
20.9.2023
A former investment banker from Deutsche Bank, Rashawn Russell, has pleaded guilty to charges of misappropriating funds from investors through promises of higher returns from cryptocurrency trading, as confirmed by the U.S. Justice Department.
Russell now faces up to 30 years in prison when he...
Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
20.9.2023
Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities,”...
Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny
20.9.2023
A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident highlights the importance that when investors want...
Economist Peter Schiff Warns of ‘Tragic Ending’ and US Dollar Collapse — Says ‘Day of Reckoning Is at Hand’
20.9.2023
Economist Peter Schiff has warned that the U.S. economy is headed for a tragic ending. “We’re going to have a dollar crisis and a sovereign debt crisis,” he stressed, cautioning that the Federal Reserve is “going to print money until the dollar collapses.” He added: “I think...
Russia to ‘Integrate’ Digital Ruble With Tax Code – Moscow Forges Ahead with CBDC
20.9.2023
Russia is set to “integrate” its CBDC, the digital ruble, into its tax system, with legislation set to roll out before the year’s end.
Per Prime, the State Duma’s Committee on Budgets and Taxes has approved a private member’s bill that seeks to amend the Tax Code.
The amendment will allow...
DeFi protocol Balancer frontend is under attack, users urged to stay away
20.9.2023
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer's protocol until further notice
US voters across 4 swing states oppose anti-crypto pres candidates: Coinbase
20.9.2023
A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for anti-web3 presidential candidate, said Coinbase
More SEC Enforcement Action is Coming With DeFi in Firing Line, Warns Key Agency Official
20.9.2023
The head of the US Security and Exchange Commission (SEC)’s Crypto Assets and Cyber Unit David Hirsch just sent a chilling warning to the crypto industry, which has already found itself heavily in the agency’s crossfire in recent months....
Read More: More SEC Enforcement Action is Coming With DeFi...
Philippines SEC teams up with US counterpart to combat crypto fraud
20.9.2023
The Philippine SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime
New York Shrinks List of Pre-Approved Crypto — DOGE, XRP Among Coins Removed
20.9.2023
New York’s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the Greenlist. The regulator also proposed new crypto guidance...
Biggest Crypto Gainers Today on DEXTools – POGEX, XMoon, DARK
20.9.2023
Blue chip cryptocurrency markets are mixed to modestly positive on Tuesday, amid largely cautious trading conditions one day out from the US Federal Reserve's highly anticipated interest rate decision on Wednesday.
Bitcoin (BTC) was last up around 1.5% in the last 24 hours in the $27,200 area...
How Bitcoin miners can survive a hostile market — and the 2024 halving
20.9.2023
Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable