Bank of England Criticizes Bitcoin and Other Cryptos
Bank of England Governor Andrew Bailey recently delivered a speech at the Mansion House in London, where he openly criticized Bitcoin and other cryptos Bailey specifically referred to these digital…
SEC Claims Coinbase Knew It Was Violating Securities Laws
The SEC has responded to Coinbase’s claims that it lacks the authority to take legal action against the cryptocurrency exchange. The letter highlights Coinbase’s own acknowledgement that federal securities laws…
Binance Looking for Sensible UK Regulatory Solutions
Cryptocurrency exchange Binance is actively exploring regulatory measures in the United Kingdom after the crackdown in the United States. During the Financial Times’ Crypto and Digital Assets Summit, Binance’s chief…
Crypto Miner Marathon Digital Get New SEC Subpoena
Crypto miner Marathon Digital has disclosed that it has received a second subpoena from the (SEC) regarding its data center in Hardin, Montana. The subpoena is related to transactions with…
Chinas National Blockchain Center to train 500,000 Specialists
The National Blockchain Technology Innovation Center in Beijing has commenced its operations with the aim of developing blockchain technology The center, led by the Beijing Academy of Blockchain and Edge…
Circle Changes USDC Reserves to Deal With US Default Risk
Stablecoin issuer Circle is taking measures to reduce its exposure to potential defaults on United States debt. Circle CEO Jeremy Allaire stated that the company has adjusted its reserves backing…
Coinbase to Stop issuing Loans with Coinbase Borrow
Coinbase, one of the world’s largest cryptocurrency exchanges, has announced that it will stop issuing new loans via its Coinbase Borrow program. This decision comes after the US Securities and…
Verified crypto accounts selling for $50 on DarkNet
Hackers on the darknet are reportedly selling access to cryptocurrency accounts for as low as $50 per account. This alarming news was revealed by a recent report by cybersecurity firm…
Sports Illustrated launches NFT ticket platform on Polygon
Sports Illustrated has announced the launch of its own NFT-based ticketing platform called “SI/NFT Ticketing.” This new ticketing platform is built on Polygon, which is a layer 2 scaling solution…
Crypto Connected Bank Cross River gets FDIC Notice
Cross River Bank, a New Jersey-based lender that serves crypto companies like Coinbase and Circle, has received a FDIC notice that demands further oversight. The filing, made public on April…