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Project Tourbillon: CBDCs Can Meet Privacy Requirements, BIS Research Reveals
29.11.2023
Source: AdobeStock / Proxima Studio The Bank for International Settlement (BIS) has released the final report on Project Tourbillion, its privacy-inclined Central Bank Digital Currency (CBDC) project. A Nov 29 release shows a pathway to achieving privacy standards in CBDC deployment and usage with...
How Do You Know If Crypto is Trustworthy? Find Out What’s At Stake.
29.11.2023
The scandals of recent years have taken a profound toll on the credibility and trust of the cryptocurrency sector. However, with the SBF trial behind us, Binance’s settlement with the DoJ, and the promise of a Bitcoin ETF creating a positive buzz in the markets, it feels like the industry...
Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit
29.11.2023
Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According...
Binance's Future and Other Questions Post-Settlement
29.11.2023
Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors...
Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto's 'Bad Actors'
28.11.2023
Coinbase CEO Brian Armstrong says the industry can finally close the chapter of bad actors after the recent settlement between Binance and the U.S. Department of Justice
Judge signs off on $1.65B settlement between Voyager Digital and FTC
28.11.2023
The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC
Coinbase CEO Brian Armstrong: Binance Settlement Marks a Turning Point for Crypto
28.11.2023
Coinbase CEO Brian Armstrong. Source: Source: Getty Images In an interview with CNBC, Coinbase CEO Brian Armstrong has expressed optimism about the crypto industry’s future following the historic $4 billion settlement imposed on Binance. In the interview, Armstrong said he believes...
SEC still looking for potential FTX-style fraud at Binance.US: Report
28.11.2023
Binance.US attorney Matthew Laroche has asked a federal judge to consider putting an end to the SEC's investigation for potential fraud
Ex-Binance CEO Could Be Sentenced To 10 Years In Prison, According To DOJ
27.11.2023
Source: GeekWire/ Taylor Soper Binance founder Changpeng Zhao (CZ) could be sentenced to up to ten years in prison following his exchange’s historic legal settlement last week, according to a new filing from the Department of Justice (DOJ). The Justice Department’s statement comes amid ongoing...
‘Cantillon Effect’ Can Be Countered by Having ‘Bitcoin Only’ Companies Present at the Negotiating Table — Swan Bitcoin MD
27.11.2023
The crypto industry can stop the so-called Cantillon Effect from occurring by establishing large enough “Bitcoin only” companies that will sit on the negotiating table with the U.S. Federal Reserve and major financial institutions, Swan Bitcoin’s Terrance Yang has said. According...
Martin Shkreli Tells CZ ‘Jail Ain’t so Bad,’ Speculates About Sentence
25.11.2023
Martin Shkreli, also known as ‘Pharma Bro,’ directed his attention to former Binance CEO Changpeng “CZ” Zhao’s situation, with CZ having recently pleaded guilty to money laundering charges as part of a $4.3 billion settlement. “Jail ain’t so bad,”...
Is It Too Late to Buy Gas? Neo GAS Price Soars 11.5% as Viral Meme Coin MK Secures $2 Million – Next SHIB or DOGE?
24.11.2023
NEO’s native settlement GAS token, has undertaken a price explosion, with GAS price pushing up +11.5% despite serious retracement, is it too late to buy GAS token? GAS is a settlement token, generated by staked NEO, which is used to pay for transactions on the NEO network. In recent weeks...
Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan
24.11.2023
The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said
How Analysts Think Binance’s $4.3B Settlement Will Help Crypto Grow
24.11.2023
While the recent settlement between Binance, its former CEO Changpeng Zhao, and the U.S. Department of Justice (DOJ) has shocked the entire crypto industry due to the supposed money laundering and terrorism-related financial implications it has, many analysts and execs believe this is ultimately...
US Prosecutors Urge Court to Keep Binance’s Ex-CEO in the Country Amid Flight Risk Concerns
24.11.2023
In the wake of the settlement between the U.S. Department of Justice and Binance, the world’s largest crypto exchange, federal authorities are insisting that the exchange’s former CEO, Changpeng Zhao (CZ), remain stateside until his sentencing in February 2024. Justice Department Seeks...
Nansen Report: Binance’s Total Asset Holdings Remain Stable After DOJ Settlement
23.11.2023
Source: Iryna Budanova/Adobe Binance’s total asset holdings have remained largely unchanged following the recent settlement of civil and criminal charges between the crypto exchange and CEO Changpeng “CZ” Zhao and US authorities. According to a report by blockchain analytics firm...
Shiba Inu Price Prediction as Japanese Exchange Adds SHIB – Can SHIB Reach $1?
23.11.2023
The Shiba Inu price has risen to $0.00000810 today, marking a 2% gain in 24 hours as the market recovers from Binance’s settlement with the DoJ. However, SHIB remains down by 11% in a week and by 5.5% in a fortnight, although the meme token holds onto 7% increase in the last 30 days. Given...
Why Binance and CZ Take Down is Good News For BlackRock, Spot Bitcoin ETFs and New $BTCETF Token That’s Raised $1.4m
23.11.2023
Thursday, November 23, 2023 – The settlement of criminal charges against Binance and its CEO Changpeng Zhao (aka CZ) has sent shockwaves through the crypto industry, but the chances of a spot Bitcoin ETF approval have increased, which is good news for new coin Bitcoin ETF Token ($BTCETF). $BTCETF...
FTX collapse, Binance’s US settlement provides strong case for MiCA regulations
23.11.2023
European Commission policy officer Ivan Keller highlights high profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe
Binance Wallets Move Approximately $4 Billion in Stablecoin Ahead of DOJ Settlement
23.11.2023
Source: Unsplash Binance wallets have moved $3.9 billion worth of Tether (USDT) in a recent transaction amid the exchange’s pending $4.3 billion penalty that it agreed to pay to the Department of Justice. On-chain data shows that the majority of the funds were transferred from one Binance...