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Binance cuts back on employee benefits, citing 'decline in profit': Report

17.7.2023
The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses including use of mobile phones, fitness, and working from home

India and UAE Break Away From US Dollar: Landmark Agreement Enables Trade Settlements in Rupees and Dirhams

17.7.2023
In a compelling turn of events this Saturday, India and the United Arab Emirates (UAE) inked a landmark agreement facilitating trade transactions to be settled in their native currencies, rupees and dirhams, instead of relying on the U.S. dollar. India’s prime minister Narendra Modi visited...

‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1

16.7.2023
Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if he is elected President of the United States....

SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse

16.7.2023
According to Ripple CEO Brad Garlinghouse, the filing of an appeal by the SEC would “only further” solidify Judge Torres decision that XRP is not a security

Coinbase pauses staking services in four US states following regulators' orders

15.7.2023
According to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina, and Wisconsin require the pause in staking additional assets

Binance headcount reduction hits 1,000 employees: Report

14.7.2023
The ongoing workforce reduction is reportedly global, with customer-service workers heavily affected

Everything that's happened with Celsius and Alex Mashinsky so far

14.7.2023
A look back at the rise and fall of Celsius, starting with the firm's growth during the pandemic to the arrest of its former CEO and resolutions with federal regulators

Crypto will transcend international currencies — BlackRock CEO

14.7.2023
Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios

United Kingdom’s digital pound meets public backlash — Why?

14.7.2023
The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency?

Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024

14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...

FTC Blasted By Congress And Gamers For Doing Its Job

14.7.2023
Under chair Lina Khan, the Federal Trade Commission (FTC) has taken a lot of heat for trying to be aggressive in its approach to regulating tech companies and preventing monopolies. Now the FTC is facing criticism from both Republicans in Congress and very online Xbox fans for appealing a recent...

Why Crypto Companies Are Warming to the United Arab Emirates

13.7.2023

UK bill on online safety should apply in the Metaverse, say lawmakers

13.7.2023
Several members of the House of Lords voiced concerns around children's online activities in legislation aimed at regulating “anything communicated by means of an internet service”

US crypto exchanges give XRP listings a second chance after court ruling

13.7.2023
After two years, Coinbase and Kraken said they will re-enable XRP trading, iTrustCapital announced it already relisted the token, and exchanges including Gemini may follow suit

US Attorney's Office announces charges against former Celsius CEO Alex Mashinsky

13.7.2023
Authorities said they had reached a “non-prosecution agreement” with Celsius, but former CEO Alex Mashinsky will face criminal charges related to fraud and misleading users

US SEC files lawsuit against Celsius and Alex Mashinsky: Report

13.7.2023
Last week, a separate U.S regulator, the CFTC reportedly found that Celsius and Alex Mashinsky broke several regulations before the collapse in 2022

US Authorities Accuse Former Security Engineer of Siphoning $9 Million From Defi Platform

13.7.2023
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the Southern District of New York suggested that...