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The SEC Takes on Dealer Definitions
14.2.2024
The U.S. Securities and Exchange Commission published a new definition for securities dealers, capturing crypto
CEO of Bank Involved In Pig Butchering Scheme Charged With Embezzling $47 Million
13.2.2024
In a startling breach of trust, the CEO of Heartland Tri-State Bank is facing charges for orchestrating an embezzlement of $47 million. The high-profile case came to light following revelations that the bank played a central role in a sophisticated ‘pig butchering’ scheme, according...
FF7 Rebirth, Xbox Drama, And More Of This Week's Hottest Takes
11.2.2024
Hey, remember Foamstars? The Square Enix shooter from Summer Game Fest last year that everyone joked was a Splatoon clone? Well, it’s out now, and it turns out that “Splatoon clone” may have been a smidge too optimistic. Also, Team Green is going through it as we all wait on pins and needles...
Coinbase: California Voters Favor Pro-Crypto Candidates in 2024 Elections
10.2.2024
California voters who own cryptocurrencies are expected to have a significant impact on the 2024 elections. Citing data from Morning Consult, a business intelligence firm, Coinbase revealed that approximately 27% of Californians, equivalent to around 8.2 million individuals, own digital assets....
New York Attorney General Triples Fraud Allegations Against DCG to Over $3 Billion
9.2.2024
New York Attorney General Letitia James has escalated the state’s legal action against Digital Currency Group (DCG), tripling the estimated size of the alleged fraud to over $3 billion. This development follows a prolonged investigation by James’s office, which uncovered additional...
Tradestation Settles With SEC and State Regulators for $3 Million
9.2.2024
Tradestation has reached a settlement with the Securities and Exchange Commission (SEC) and state regulatory bodies, agreeing to pay $3 million in fines for offering an unregistered crypto asset lending product to U.S. investors, a move that promised interest earnings on deposits without proper...
Blockchain Could Have Saved Americans $74 Billion on Credit Card Fees: Coinbase
7.2.2024
Coinbase, a leading cryptocurrency exchange, has emphasized the potential of blockchain technology to save American consumers billions of dollars in its latest “State of Crypto Report,” released on Wednesday. According to the report, consumers could have collectively saved a minimum...
Federal Reserve Ends Enforcement Action Against FTX-Connected Farmington State Bank
7.2.2024
The Federal Reserve terminated its enforcement action against Washington-based Farmington State Bank, previously known as Moonstone Bank and linked to FTX’s Alameda Research. Federal Reserve Terminates Enforcement Action of FTX-Linked Farmington Bank The Federal Reserve Board has officially...
I’m Convinced FF7 Rebirth Is A Sequel To The 1997 Original
7.2.2024
With the release of Final Fantasy VII Rebirth only weeks away, it’s becoming abundantly clear that Square Enix is playing fast and loose with the original game’s script. That was true of FF7 Remake, but the most recent State of Play, focused entirely on Rebirth, was a bounty of spoilers and scenes...
Steve Wozniak Labels Bitcoin ‘Safe, Stable, and Conservative’ Amid Growing Legacy Adoption
6.2.2024
In line with the rising trend of the legacy tech and finance industries’ adoption of the top cryptocurrency, Apple co-founder Steve Wozniak labeled Bitcoin as a safe bet in a February 6 podcast. Speaking in the Wildride podcast posted on X (formerly Twitter), the Apple co-founder echoed...
FTX-linked Farmington State Bank Cleared from Federal Reserve Enforcement Action
6.2.2024
The Federal Reserve terminated an enforcement action with Farmington State Bank on February 6, announcing that the FTX-affiliated bank had “completed its wind-down plan and no longer functions as a bank.” “The Board’s enforcement action, which has been in effect since July 2023, ensured the bank’s...
A Quick Look at Last Month's U.S. Crypto Crime Log
6.2.2024
While our attention was focused on exchange-traded funds earlier this month, federal regulators in the U.S. announced charges or sentences for various crypto parties
Lawmaker: Lack of Russian Crypto Regulations ‘Undermines Moscow’s Anti-Sanctions Policies’
6.2.2024
A leading politician thinks insufficient Russian crypto regulation is “undermining the government’s efforts to counter” Western economic sanctions. The media outlet RBC quoted Andrei Lugovoy, the First Deputy Chairman of the State Duma’s Committee on Security and Anti-Corruption, as calling Russian...
Blockchain Basics Act Reaches Tennessee, 16 Legislatures Working on Similar Bills
5.2.2024
The Blockchain Basics Act, a bill that seeks to secure the rights of state citizens regarding cryptocurrency ownership, self-custody, and mining, has reached Tennessee. The bill, supported by the Satoshi Action Fund, was introduced to the State House by Rep. Kevin Vaughan and simultaneously to...
Spanish Treasury Proposes Tax Reform to Allow Cryptocurrency Seizures
5.2.2024
The Spanish Treasury is proposing a tax reform to allow the seizure of cryptocurrency assets when liquidating tax debts. According to local sources, the proposal would also allow the state administration to embargo these digital assets as it is giving the first steps by declaring electronic money...
Persona 3, Silent Hill, And More Of The Week's Hottest Takes
4.2.2024
In case you haven’t heard, Persona 3 Reload is out, and it’s awfully darn good. Whether you’re a longtime series die-hard or just hopped on the bandwagon after Persona 5, there’s a lot to sink your teeth into here. But not every game left us feeling quite so satisfied this week. Read on for...
Palworld, Persona 3 Reload, And More Of This Week's Best Tips
3.2.2024
The end of January and first week of February brought with it the launch of a couple long-awaited RPGs—Atlus’s remake of a 2006 classic, Persona 3 Reload, and the Hawaiian-style yakuza tale Like A Dragon: Infinite Wealth. The “Pokémon With Guns” sensation Palworld continues to grow in popularity...
State of Play, Switch 2, And More Of The Week's Biggest Gaming News
3.2.2024
We’re starting to get a much clearer look at the 2024 gaming calendar, after the Xbox Developer Direct on January 18 and now Sony’s State of Play event on January 31. The Sony event gave us an in-depth look at Hideo Kojima’s Death Stranding sequel, On The Beach, and boy was there a lot going on....
Everything We Know About BioShock Spiritual Successor Judas
2.2.2024
It’s been over a decade since we’ve gotten a BioShock game and no official follow-up has been announced, but that doesn’t mean there isn’t something on the horizon for fans of the franchise. Upcoming shooter Judas looks to be a BioShock game in everything but name, and it’s helmed by none other...
Everything We Know About The Stylish Action Game Stellar Blade
2.2.2024
Developer Shift Up Second Eve Studios made quite the splash at Sony Interactive Entertainment’s recent State of Play broadcast with a gameplay reveal trailer for Stellar Blade (previously known as “Project Eve”). The PS5 character-action exclusive is looking real good, thanks it part to its stylish...