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The world’s largest cryptocurrency exchange by volume, Binance, and its CEO Changpeng Zhao have been sued by the Commodity Futures Trading Commission (CFTC) on charges that they promoted the sale of unregistered derivatives to users in the United States. Several alleged violations of CFTC regulations are made in the
In addition to purchasing an additional 6,455 BTC, MicroStrategy has revealed that it has repaid a $205 million Bitcoin-collateralized loan in full at a 22% discount for $160 million, bringing their total holdings to 138,955 BTC. Chairman Michael Saylor tweeted that the Bitcoin was purchased for an average
Sam Bankman-Fried, the former CEO of the failed cryptocurrency exchange FTX, has been charged by federal prosecutors with attempting to bribe “one or more” Chinese government officials with $40 million in order to unlock $1 billion worth of digital assets that belonged to his hedge fund, Alameda Research. Bankman-Fried currently
News • Business • Mar 28, 2023Sam Bankman-Fried, the former CEO of the failed cryptocurrency exchange FTX, has been charged by federal prosecutors with attempting to bribe “one or more” Chinese government officials with $40 million in order to unlock $1 billion worth of digital assets that belonged to his hedge fund, Alameda Research. Bankman-Fried currently
News • Business • Mar 28, 2023The world’s largest cryptocurrency exchange by volume, Binance, and its CEO Changpeng Zhao have been sued by the Commodity Futures Trading Commission (CFTC) on charges that they promoted the sale of unregistered derivatives to users in the United States. Several alleged violations of CFTC regulations are made in the
News • Politics • Mar 27, 2023In addition to purchasing an additional 6,455 BTC, MicroStrategy has revealed that it has repaid a $205 million Bitcoin-collateralized loan in full at a 22% discount for $160 million, bringing their total holdings to 138,955 BTC. Chairman Michael Saylor tweeted that the Bitcoin was purchased for an average
News • Bitcoin • Mar 27, 2023The release of Nasdaq’s custody services for Bitcoin and cryptocurrencies is allegedly planned for Q2 2023. Nasdaq is an American stock exchange with headquarters in New York City. Senior Vice President and Director of Nasdaq Digital Assets Ira Auerbach stated that Nasdaq is moving quickly to put all of
News • Bitcoin • Mar 24, 2023In a recent report, the Biden administration highlighted their concerns for Bitcoin and cryptocurrencies, claiming that certain elements of the ecosystem for digital assets are problematic for consumers, the financial system, and the environment. The Council of Economic Advisers’ annual publication, “Economic Report of the President,” explains the president’s
News • Bitcoin • Mar 22, 2023The Texas State House of Representatives has been presented with a bill that would completely protect and embrace the Bitcoin economy. House Concurrent Resolution 89, sponsored by Rep. Cody Harris (R), and co-authored by Natalie Smolenski and Jason Brett of the Bitcoin Policy Institute, argues that the Chinese government’s
News • Bitcoin • Mar 21, 2023Fidelity Digital Assets now offers Bitcoin trading to Fidelity Investments customers. The public can now access the Fidelity Crypto platform, which first launched with a waitlist in November 2022. Customers can purchase and trade Bitcoin, but will not be able to transfer funds to a wallet where they have control
News • Bitcoin • Mar 17, 2023Eight companies have been chosen by In Wolf’s Clothing (Wolf), the first Lightning-focused startup accelerator, to be part of the initiative’s first cohort Wolfpack 1. More than 100 applications from teams representing 36 countries were submitted to the program. The goal of Wolf’s accelerator program is to
News • Bitcoin • Mar 16, 2023