Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling
11.5.2023
Robert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to raise the debt ceiling unilaterally. Reich states that the constitution of the U.S. gives President Biden the faculty of ignoring this debt limit, declaring it unconstitutional...
Is Tether a sinking ship?
11.5.2023
Tether may not exactly be a sinking ship, but if the comments of John Reed Stark, the Former Chief of the SEC’s Office of Internet Enforcement, are to be believed, then Tether is not far from going down. What makes him highlight this prediction about one of the first stablecoins is the fact that...
Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe
11.5.2023
The U.S. regulatory body is probing related-party transactions that may have violated securities laws
Three Arrows founder gets restraining order against Arthur Hayes
11.5.2023
Su Zhu, the founder of the 3ac (Three Arrows Capital), recently announced getting a Singapore restraining order against Arthur Hayes. The 3ac founder appealed for the order over harassment in a Singapore court. Dated May 5, the restraining order restricts Arthur from using abusive, insulting,...
JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic
11.5.2023
Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend its debt without congressional action. Dimon also stated that even the drama surrounding the build-up to extending or not extending the debt limit could cause panic, as...
'We can't keep putting band-aids on the current system' — OKX CMO
11.5.2023
OKX launches a new campaign calling for a rewrite of centralized legacy financial and digital systems using blockchain technology and Web3 solutions
TMS Network solidifies its crypto reign, outclassing XRP & Cardano
11.5.2023
In the dynamic world of cryptocurrencies, TMS Network (TMSN) emerges as a formidable contender, outshining established projects like XRP and Cardano (ADA). With TMSN currently in the second phase of its presale and having raised over $4 million so far, this comprehensive analysis will delve into...
Coinbase Newsletter Flags Rise of Pepecoin and BRC-20 Tokens, Irks Crypto Twitter
11.5.2023
A Coinbase newsletter said meme coins allow investors to make big profits in a short period of time but warned of long-term investing in these tokens
Few and Far successfully delivers the FnF Wallet
11.5.2023
Few and Far has managed to successfully deliver their FnF Wallet, which is an in-app wallet that has been duly created on NEAR. This will provide the opportunity for users to be able to onboard, as well as update their individual profiles and carry out trading activities. They will also be in...
Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million
11.5.2023
According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176...
Bitcoin miner Marathon Digital hit with another SEC subpoena
11.5.2023
The first subpoena was given to Marathon in the third quarter of 2021, concerning whether it may have violated federal securities laws relating to its data center in Hardin
ChilizX announces support for the mainnet launch
11.5.2023
ChilizX has announced that it will support the launch of Chiliz Mainnet. Following the development, users will be able to see an additional method for depot and withdrawal for CHZ tokens. Per the announcement, users can deposit and withdraw the said token from May 10, 2023, at 10:00 CEST. Users...