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FTX and Genesis Reach Agreement in Ongoing Bankruptcy Dispute

28.7.2023
Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims

Pro-XRP lawyer Jeremy Hogan’s scam tweet bonanza finally falls silent

28.7.2023
For the better part of the last four days, hackers used Hogan's account to promote fraudulent XRP giveaway scams

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

28.7.2023
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets

Parrot Finance to Begin PRT Token Buyback on Monday, Capping Fiery Vote

28.7.2023
Solana-based protocol Parrot Finance will buy PRT tokens from all sellers at $0.0045 apiece

CFTC Overreached in Suing Binance, Crypto Exchange Says

28.7.2023
The U.S. Commodity Futures Trading Commission (CFTC) is reaching beyond its jurisdiction in trying to sue Binance, the global crypto exchange said in a motion to dismiss the regulator's lawsuit against it

Economist Peter Schiff Advises ‘Get out of the Dollar’ — Says the USD Is Being Destroyed

28.7.2023
Economist Peter Schiff has warned that the Federal Reserve is wrong about its recession outlook, advising everyone to get out of the U.S. dollar. He stressed that the U.S. currency is being destroyed, emphasizing that it is losing purchasing power. “Rather than fighting inflation, the Fed fueled...

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

28.7.2023
House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.C.) blamed White House objections for...

Grayscale urges SEC to approve all Bitcoin ETFs simultaneously

28.7.2023
Grayscale's ETF was previously knocked back by the SEC and it wants it and competing ETFs approved together so none have an advantage

Sequoia slashes its crypto fund by 66% after industry collapses: Report

28.7.2023
The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022

Brazilian Police Swoop on Suspected Crypto Pyramid Operator Braiscompany

28.7.2023
Brazil’s police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm’s owners have allegedly escaped the country with around $160 million worth of customers’ funds. Police launched an investigation into the firm, codenamed Operation Halving, earlier...

First Mover Asia: Some Bitcoin Whales Appear Content to Wait for the Next Price Catalyst

28.7.2023
PLUS: BTC continued to trade above $29.2K, slightly down over the past 24 hours amid another day of low volatility

Bitcoin traders put eyes on $31K even as $2B in BTC options expire on Friday

28.7.2023
BTC traders fix their eyes on $31,000 even as $2 billion in Bitcoin options are set to expire this Friday

Robert Kiyosaki Insists US Dollar Will Die as BRICS Summit Nears, 41 Nations to De-Dollarize the World

28.7.2023
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his warning about the impending demise of the U.S. dollar as the BRICS summit approaches. The famous author anticipates the launch of a new currency by the economic bloc and the de-dollarization efforts of around 41 nations seeking to join...

DOJ Drops Campaign Finance Charge Against Sam Bankman-Fried Due to Treaty Obligations with The Bahamas

28.7.2023
On July 26, the Department of Justice (DOJ) informed federal judge Lewis A. Kaplan that they "do not intend to proceed" with a campaign finance charge against FTX founder Sam Bankman-Fried. This decision came after consulting with The Bahamas regarding the campaign finance charges mentioned...

Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities

28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...

Best Crypto to Buy Now 27 July – Synthetix, Pepe, Maker

28.7.2023
Mark Yusko, the principal of Morgan Creek Capital Management, a fund management organization with $1.6 billion in its custody, shared some thought-provoking predictions about the future value of Bitcoin today. He sees the most prominent cryptocurrency achieving a value of $300,000 by the end...