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FTX bankruptcy filing speculates over 1 million creditors
15.11.2022
In the latest bankruptcy filing for the exchange, it was revealed that there may be one million creditors, rather than the 100,000 initially estimated
Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says
15.11.2022
A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in U.S....
President Biden announces pick for FDIC chair
14.11.2022
Martin Gruenberg was FDIC acting chair while the agency issued cease and desist orders to crypto firms and suggested that payment stablecoins merited further consideration
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals
12.11.2022
The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are expected to start next year with the aim to end the differentiated tax treatment of cryptocurrencies...
FTX, FTX US, and Alameda file for Chapter 11 bankruptcy in US; SBF resigns
11.11.2022
FTX CEO Sam Bankman-Fried has resigned his position, and will be succeeded by John Ray
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause
11.11.2022
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the “lack of clarity” on the current state of FTX, which...
FTX US resigns from the Crypto Council for Innovation
10.11.2022
“The news this week has been shocking, but we’ve also seen the community come together," said CCI CEO Sheila Warren
Republican lawmaker claims SEC chair was coordinating with FTX 'to obtain regulatory monopoly'
10.11.2022
Minnesota Representative Tom Emmer did not provide any evidence to his claim Gary Gensler was "helping SBF and FTX work on legal loopholes," but said he was looking into the matter
US lawmaker warns of 'major consequences' for users of unregulated crypto firms, citing FTX
10.11.2022
"FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
9.11.2022
Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman's U.S. Senate seat in Ohio, but majority control of both chambers of Congress has yet to be decided
FTX-Binance standoff highlights the need for clear rules, says Sen. Lummis
9.11.2022
Market manipulation, lending activity, and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address in the coming days
US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program
8.11.2022
The redesignation of the crypto mixer essentially replaces the U.S. Treasury’s actions from August, establishing sanctions for its role in “enabling malicious cyber activities."
The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply
8.11.2022
United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last...
Single-issue crypto voters weigh in on midterms before US Election Day
8.11.2022
The outcome of elections with pro- and anti-crypto political candidates could determine the future of digital asset legislation and regulation in the United States
US authorities announce conviction connected to Bitcoin stolen from Silk Road
7.11.2022
U.S. Attorney Damian Williams cited “state-of-the-art cryptocurrency tracing” and “good old-fashioned police work” in the authorities recovering the stolen Bitcoin
Crypto no more in top 10 most-cited potential risks: US central bank report
7.11.2022
The U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns
Brandt Says DOGE Bear Market Is Over, Kiyosaki Advises Buying BTC ‘Before Fed Pivot,’ Bitcoin.com Backed Ramírez Challenges for WBA Boxing World Title — Week in Review
6.11.2022
In this week’s hottest stories from Bitcoin.com News, veteran trader Peter Brandt says the bear market that began for dogecoin back in May is over, Bitcoin.com-backed boxer Gilberto ‘Zurdo de Oro’ (Golden Southpaw) Ramírez steps up for a shot at the World Boxing Association light heavyweight...
Joe Biden unhappy with Elon Musk for buying a platform that "spews lies"
5.11.2022
Biden attended a fundraising event in Chicago for upcoming elections, wherein he called out Elon Musk for purchasing Twitter
OCC makes its staff available for fintech-related discussions
4.11.2022
The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023
US Election update: Where do the pro-crypto candidates stand ahead of the election?
4.11.2022
Crypto has been highly visible in this election cycle thanks to polls and political action committees. This is a new and unaccustomed role for it with unknown results