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Coinbase has faced significant amounts of scrutiny from the U.S. SEC since the platform decided to increase the amount of tokens listed on its platform. The company now faces an investigation by the SEC on its listings for whether or not it allowed American citizens to trade digital assets
In an interview with Bloomberg, the founders of Three Arrows Capital (3AC) have finally broken their silence after five weeks since the dramatic downturn in the market and the implosion of their hedge fund. Su Zhu and Kyle Davies have stated that it was mainly due to their trades involving
Singapore-based cryptocurrency exchange Zipmex is the newest casualty from the major decline in Bitcoin and cryptocurrency prices. The exchange said that it had filed for bankruptcy protection in Singapore but the platform services a number of other countries like Thailand, Indonesia, and Australia as well. Zipmex claimed it was attempting
News • Markets • Jul 29, 2022Singapore-based cryptocurrency exchange Zipmex is the newest casualty from the major decline in Bitcoin and cryptocurrency prices. The exchange said that it had filed for bankruptcy protection in Singapore but the platform services a number of other countries like Thailand, Indonesia, and Australia as well. Zipmex claimed it was attempting
News • Markets • Jul 29, 2022Coinbase has faced significant amounts of scrutiny from the U.S. SEC since the platform decided to increase the amount of tokens listed on its platform. The company now faces an investigation by the SEC on its listings for whether or not it allowed American citizens to trade digital assets
News • Altcoins • Jul 28, 2022In an interview with Bloomberg, the founders of Three Arrows Capital (3AC) have finally broken their silence after five weeks since the dramatic downturn in the market and the implosion of their hedge fund. Su Zhu and Kyle Davies have stated that it was mainly due to their trades involving
News • Bitcoin • Jul 22, 2022According to the Department of Justice, Ishan Wahi, former product manager for Coinbase, was detained on Thursday morning because of an insider trading scheme while he was working at Coinbase. The assistant director of the FBI explained that the defendants managed to generate illicit gains of over $1.5 million
News • Altcoins • Jul 22, 2022U.S. officials who are invested in Bitcoin and other cryptocurrencies are now disqualified from working on Bitcoin or cryptocurrency policies and regulations in order to avoid affecting the value of the assets they hold. A new legal advisory notice was issued by the U.S. Office of Government Ethics
News • Bitcoin • Jul 07, 2022Twitter user @CryptoInsider23 posted a thread claiming that Circle’s USDC stablecoin “is on the brink of collapse.” The account explains that they were able to come to this conclusion by looking into Circle’s SPAC IPO filings. From the provided tweet and infographic, Circle is currently paying Signature Bank
News • Markets • Jun 29, 2022On June 27th, 2022 a Twitter account by the name of @FatManTerra revealed that an insider within CoinFLEX was allowed to borrow $47 million of uncollateralized USDC as a loan. CoinFLEX stated on June 23rd that their platform would be halting all withdrawals due to the current market volatility. Almost
News • Bitcoin • Jun 28, 2022The governor of Louisiana recently signed a bill allowing financial institutions in Louisiana to have custody of Bitcoin and digital assets on behalf of their customers. Dennis Porter tweeted the finalized bill on June 21st, 2022. Louisiana's new law now allows banks and financial institutions within the state
News • Bitcoin • Jun 22, 2022