'Grim Reapers' financial crimes unit revived to investigate Terra collapse
19.5.2022
After over two years, the feared investigative and prosecutorial team has been reformed by the new President to look into the mess caused by Terraform Labs
$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
19.5.2022
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse
Russia will inevitably legalize crypto payments says trade minister
19.5.2022
“The question is when this will happen, how it will happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this,” said trade minister Denis Manturov
US Appeals Court Orders SEC to Bring Enforcement Actions to Jury Trials
19.5.2022
The 5th Circuit Court of Appeals in the U.S. found that the target of an SEC enforcement action's constitutional rights were violated by the use of an in-house SEC judge, rather than a jury trial
First Mover Asia: Pine Wants to Test the Liquidity of the NFT Market; Cryptos Are Well-Red
19.5.2022
The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity
Finder’s Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030
19.5.2022
A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition, “Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell.”...
Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business
19.5.2022
Major US-based crypto exchange Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi).
According to an announcement from Coinbase on Tuesday, the new liquid staking...
CFTC Chair Indicates Agency Will Increase Crypto Enforcement: Report
19.5.2022
Rostin Behnam said the agency was facing a rapidly increasing number of cases and would add resources to address crypto fraud
Robinhood Launching New Non-Custodial Web3 Crypto Wallet
19.5.2022
Trading platform Robinhood is launching a non-custodial, web3 cryptocurrency wallet. “Customers will be able to hold the keys for their own crypto,” the company said. Robinhood Building Non-Custodial, Web3 Wallet Popular trading platform Robinhood announced Tuesday that it...
SEC chair uses crypto enforcement in justification for FY2023 budget
18.5.2022
"We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space," said Gary Gensler
Candidate supported by Bankman-Fried-linked PAC loses Oregon primary
18.5.2022
Record spending in a Democratic House primary could not give a political newcomer the boost he needed to overcome a local politician with a long career
Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout
18.5.2022
On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a LUNA-centric tattoo on his arm. Despite the recent events...