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CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million
15.10.2021
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of “making untrue or misleading...
Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
14.10.2021
The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from...
Bitcoin eyes big $58K resistance as new data shows hodlers acting the opposite to Q1
8.10.2021
Investors are hodling into all-time highs this time, not selling, as was the case towards the end of Q1
Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
24.9.2021
While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream
US Watchdogs Send More Warning Signs to Altcoins & DeFi, But Coinbase Has a Plan
22.9.2021
ing to steal a march on regulators – by issuing its own proposals for policing the sector.In a video interview with the Washington Post, Gensler likened stablecoins to gambling tokens, stating that “Stablecoins are acting almost like poker chips at the casino gaming tables.”He stated that
I Still Can't Listen To Genshin Impact's Inaccurate English Voice Acting
7.9.2021
Whenever I download Genshin Impact onto a new device, the first thing I do immediately is download the Chinese voice pack. I’m not a snob about dubs versus subs. The problem is that the English voice over turns my favorite characters into unrelatable strangers that I barely recognize. Read more
US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation
17.8.2021
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S....
Binance Discontinues Crypto Products and Services in South Korea
13.8.2021
On August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations and “will discontinue the following offerings in Korea, effective immediately.” Binance Ends...
US Senators and Treasury Reach Agreement on Crypto Requirements in Infrastructure Bill
9.8.2021
Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury Department to clarify the underlying text and ensure that those who are not acting as brokers...
Alchemy Pay Drives Crypto Adoption by Bridging Fiat and Crypto Economies
9.8.2021
Digital assets have seen great success as investment tools in recent years, but payment adoption is unfortunately still lagging behind. Alchemy Pay is well on its mission to change this by enabling millions of merchants to accept crypto payments and get paid in their local currency. At the same...
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
7.8.2021
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman...
Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey
20.7.2021
On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing in New Jersey beginning July 22, 2021.” New Jersey’s acting attorney general...
Financial Watchdog FinCEN Recruits First-Ever Chief Digital Currency Advisor
7.7.2021
Following the Financial Crimes Enforcement Network (FinCEN) explaining the misuse of cryptocurrencies is a national priority last week, the bureau announced on Tuesday it hired its first-ever chief digital currency advisor. FinCEN’s acting director Michael Mosier detailed that Michele Korver...
Scotland Yard Seizes Record £114 Million in Cryptocurrency
25.6.2021
British police have carried out U.K.’s largest crypto seizure to date. Detectives working on a money laundering case found a staggering £114 million worth of cryptocurrency in a suspect’s account. Scotland Yard vowed to continue the investigation. UK Makes One of World’s...
Pokémon Go Fans Mad That Niantic's Acting Like Pandemic Is Over
22.6.2021
After Niantic announced yesterday a rollback of socially distanced changes to Pokémon Go, fans have been reacting with surprise and disappointment. The changes appear to be designed for a post-pandemic world, and many players don’t feel as if we’re anywhere near ready for that.Read more
Top US Banking Regulator to Review Cryptocurrency Standards Under New Leadership
20.5.2021
The new Acting Comptroller of the Currency, Michael Hsu, has requested a review of the cryptocurrency standards established by the top U.S. banking regulator. He is also urged to “reassess any conditional national trust charters and halt the approval of any additional charters to nonbank...
Disco Elysium Was Its Incredible Narrator's First Voice Acting Gig
23.4.2021
Narration plays a huge role in Disco Elysium: The Final Cut, the spiraling detective simulator that was recently updated for consoles. As such, one might expect the man chosen to lend his pipes to such a project to be some sort of master thespian, or at least a veteran voiceover artist. But...
Former Comptroller of the Currency Brian Brooks to Lead Binance’s US Trading Platform
21.4.2021
A former top regulator and acting head of the U.S. Comptroller of the Currency, Brian Brooks has been appointed the CEO of crypto exchange Binance.us. Brooks will lead the exchange on May 1st and replace the company’s current lead, Catherine Coley. Binance has hired an individual with ties...
Witcher 3 Fan Builds A New Quest With Perfect Geralt Voice Acting
12.4.2021
A Night to Remember is a brand new, fan-made quest for The Witcher 3, set after the events of Blood & Wine, and while I’m keen to check out new writing and new battles, I’m also interested in the AI tech being used here to simulate the trademark sounds of Doug Cockle, Geralt’s voice actor.Read...
Former Chainalysis brass is now FinCEN’s acting director
2.4.2021
Michael Mosier will replace Kenneth Blanco as the U.S. government agency’s acting director