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SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme
2.10.2022
The U.S. Securities and Exchange Commission (SEC) has taken action against two firms and four individuals allegedly perpetrating a crypto pump-and-dump scheme. “Although this case involves crypto assets, it bears the hallmarks of a classic pump and dump scheme,” said the SEC....
A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF
30.9.2022
According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech...
SEC Accuses 2 Firms of Crypto Pump-and-Dump Scheme
30.9.2022
The complaint alleges the two companies pumped the price of their cryptocurrency by falsely claiming they had acquired $10 billion in gold bullion to back it
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
30.9.2022
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity...
SEC alleges fintech and 'market maker' firms manipulated crypto market in token scheme
29.9.2022
Though the SEC has pursued many enforcement actions related to initial coin offerings, the regulator’s stance on airdrops’ role in alleged token schemes is unclear
Bittrex, BitGo, 6 Other Firms Join Crypto Market Integrity Coalition
29.9.2022
Crypto exchange Bittrex, custodian BitPay and six other firms have joined the Crypto Market Integrity Coalition (CMIC) s self-regulatory organization aiming to prevent crypto market manipulation
US lawmakers propose amending cybersecurity bill to include crypto firms reporting potential threats
28.9.2022
Under the proposed amendment, the 2015 legislation would be renamed the Cryptocurrency Cybersecurity Information Sharing Act
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
S. Korean Crypto Project Klaytn Will Offer Gas Fee Rebates to Gaming Firms
28.9.2022
The South Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform
FCA green lights Revolut, making no UK crypto firms operating under temporary status
27.9.2022
Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March
Bitcoin Miner Marathon Digital’s Shares Downgraded After Compute North Files for Bankruptcy Protection
23.9.2022
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay...
Maple Finance launches $300M lending pool for Bitcoin mining firms
20.9.2022
The institutional lending platform has facilitated $1.8 billion worth of digital currency loans since May 2021
Nasdaq-Listed Bitcoin Miner Terawulf Reveals Firm’s Lake Mariner Site Has 12,000 Miners Deployed
20.9.2022
Following the publicly-listed mining operation Terawulf’s announcement that the firm’s Lake Mariner mining data center is up and running with 30 megawatts (MW) of capacity, 11 days later, the company has revealed the operation of nearly 12,000 miners at the facility in New York....
BNB Chain, Blockchain Security Firms Start AvengerDAO to Protect Users
20.9.2022
BNB Chain has come together with leading security audit firms to start AvengerDAO, a cybersecurity focussed DAO, to protect users
As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon
19.9.2022
ETH deposits to exchanges have yet to pull back, one observer noted. Investors began moving coins to exchanges ahead of Thursday's Ethereum Merge
UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization
18.9.2022
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. “Almost all firms and individuals offering, promoting or selling financial services or products in the U.K....
European Central Bank chooses Amazon and 4 other firms to prototype digital euro app
16.9.2022
The five fintech, payments and e-commerce firms will create front-end prototypes for the digital euro, which will not be used in later phases of the CBDC project
SEC Sues 2 Crypto Advisory Firms and Their Owner for Misappropriating Investors’ Funds
16.9.2022
The complaint alleges the firms' owner lied to investors about where their funds were deposited in a Ponzi-like scheme
Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service
15.9.2022
Thailand's Securities and Exchange Commission (SEC) has banned crypto companies from offering staking and lending services, according to a release on Thursday
Financial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch
13.9.2022
A number of financial giants including Fidelity Investments, Citadel Securities, and Charles Schwab Corp. announced on Tuesday that the consortium of companies plans to launch a cryptocurrency exchange called EDX Markets. Reports note that firms like Paradigm, Sequoia Capital, and Virtu Financial...