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US Senate banking chair floats possibility of banning crypto

19.12.2022
Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.”

Donald Trump Trading Card NFTs Skyrocket in Value Despite Being Mocked for His ‘Major Announcement’

18.12.2022
After the former 45th president of the United States, Donald Trump revealed his non-fungible token (NFT) trading card collection, Trump’s NFTs sold out within hours after the announcement. Statistics from Opensea, three days after the sale, show that the Trump NFT trading card...

Onecoin Co-Founder Pleads Guilty to Fraud Charges in US

18.12.2022
Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in Thailand and extradited to the United States....

Report: FTX Co-Founder Bankman-Fried Plans to Surrender to US Extradition Request

17.12.2022
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has reportedly reversed his decision to contest his extradition to the United States. Bankman-Fried has spent close to five days in the Bahamas Department of Correctional Services (BDOCS) jail Fox Hill, an overcrowded prison known for being filthy...

UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War

17.12.2022
The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures the funds...

Democrats to reportedly return over $1M of SBF's funding to FTX victims

17.12.2022
Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes

US Financial Stability Oversight Council urges congressional action on crypto

16.12.2022
According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.”

Bitcoin, Ethereum Technical Analysis: BTC Below $17,000, as ETH Nears $1,200 Breakout

16.12.2022
Bitcoin fell below $17,000 on Dec. 16, as bearish pressure continued to intensify following yesterday’s disappointing U.S. retail sales figures. Sales in the United States were down by 0.6%, which news came less than 24 hours after the Federal Reserve moved to hike interest rates. Ethereum...

Binance proof-of-reserves removed from the auditor's site

16.12.2022
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed PoR audits from its site

Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch

16.12.2022
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles....

Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M

16.12.2022
Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail

New House Financial Services Committee chair wants to delay crypto tax changes

16.12.2022
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury

Trump Launches NFT Card Collection — Sweepstake Winners Could Dine or Golf With the 45th President

15.12.2022
The former 45th president of the United States, Donald Trump, announced the launch of his new non-fungible token (NFT) trading cards on Dec. 15, 2022. Trump revealed the NFT collection via his Truth Social account and the former president told his fans that the NFTs would “make a great Christmas...

US Trustee names Wintermute on creditor committee in FTX bankruptcy case

15.12.2022
The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people

Biggest Movers: DOGE, LTC Near 3-Week Lows on Thursday

15.12.2022
Dogecoin was trading close to a three-week low on Thursday, following the release of retail sales figures in the United States. Customer spending fell by more than expected in November, dropping by 0.6% last month. Litecoin slipped for a second successive session, falling to its lowest point since...