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Bitcoin, Ethereum Technical Analysis: BTC Slightly Higher Ahead of This Week’s US Economic Data
31.7.2023
Bitcoin started the week trading higher, as markets prepared for a big week of economic data in the United States. The headline announcement will be Friday’s nonfarm payrolls, in addition to services and manufacturing activity data. Ethereum continued to trade above a key support point...
UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms
31.7.2023
Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the duo used the allure of crypto investment to dupe prospective investors....
US Second in World by Debt per Citizen, Rare Bitcoin Block Reward Awakens, BRICS Summit Invites — Week in Review
30.7.2023
A recent study has shown that Singapore, the U.S., and Japan rank highest in the world by debt per citizen, according to United Nations data. In other news, a rare 2010 Bitcoin block reward has awakened after 13 years of dormancy, and the BRICS economic bloc has invited 69 leaders to its August...
DOJ seeks SBF's bail revocation over tampering, diary leak allegations
30.7.2023
The letter revealed that on January 15, 2023, the defendant reached out to the current General Counsel of FTX U.S., who could potentially serve as a witness in the trial
D.C. Circuit reverses SEC ruling on SPIKES futures, calls it "arbitrary and capricious"
29.7.2023
The decision relates to an SEC order from 2020 exempting SPIKES Index from the definition of securities futures
Kansas Heartland Tri-State Bank closed by FDIC as banking crisis deepens
29.7.2023
Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control
The Sandbox and British Museum bring art and history into the metaverse
28.7.2023
The partnership between the Sandbox, the British Museum and laCollection intends to make artifacts in the museum’s collection more accessible
Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
28.7.2023
The UAE-based firm is developing one of the region’s largest mining facilities
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
'Pro crypto bill' passes out of US House Agriculture Committee
27.7.2023
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties
South Africa’s Foreign Minister Hints at Expansion of BRICS Bloc With 3 New Members
27.7.2023
In a recent interview published on July 26, South Africa’s foreign minister Naledi Pandor highlighted the BRICS group of economies’ commitment to peace, asserting that these nations do not aim to “weaponize the oceans.” Moreover, leading up to the much-anticipated 15th BRICS...
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst
27.7.2023
Stablecoins cannot be compared to bank deposits in terms of risk, nor can they be compared to money market funds, argues a new policy paper released by Paradigm
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
27.7.2023
Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers
Crypto bills pass congressional committee in 'huge win' for US crypto
27.7.2023
Two crypto regulatory bills have been passed by the United States House Financial Services Committee United States in one day
Judge suggests IRS issued $4K refund over tax lawsuit based on quality of lawyers: Report
26.7.2023
A couple who filed a lawsuit over how staked Tezos tokens were taxed has gone to appellate court after refusing to accept a refund check from the IRS
SEC passes new ‘conflict of interest’ rules governing how brokers can use AI
26.7.2023
The new rules will govern how brokers use artificial intelligence to entice investors and how they use “optimization functions” to target investors and determine investment strategies
US lawmakers invoke FTX and spar on direction of crypto bills
26.7.2023
On July 26, six pieces of legislation were being considered by the House Financial Services Committee including ones on regulatory clarity and consumer protection in the space
EOS Foundation to sue Block.one on failure to honor $1B commitment
26.7.2023
Potential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to participate
SEC files charges against Quantstamp for $28M initial coin offering
26.7.2023
Quantstamp agreed to settle charges and will repay proceeds from its 2017 ICO that raised $28 million
U.S. Senate wants companies to report investments in Chinese technologies
26.7.2023
The Senate showed overwhelming support that would require U.S. companies to report any outbound investments into Chinese technologies