Bankrupt BlockFi to refund over $100K to California clients
BlockFi filed for Chapter 11 bankruptcy on November 28. Some Califonia users continued to repay their loans between November 11 and November 22 Users were...
Bitcoin price retains $27K, but forecast says ‘correction is incoming’
Bitcoin (BTC) attempted to rescue $27,000 support on March 28 as the dust settled on United States regulatory action against the Binance cryptocurrency exchange.BTC/USD 1-hour...
Binance’s CZ refutes CFTC’s claims of improper compliance procedures and trading
Commodity Futures Trading Commission (CFTC) made a surprise lawsuit against Binance. The lawsuit has labelled Bitcoin, Ether, Binance USD, Tether and Litecoin as commodities. CFTC...
Disney disbands its metaverse team amid large layoff
Disney had picked Polygon for the metaverse project. Disney was targeting NFTs for its next-generation storytelling and consumer experiences. The company is currently in the...
7 details in the CFTC lawsuit against Binance you may have missed
The surprise lawsuit from the Commodity Futures Trading Commission (CFTC) against crypto exchange Binance sent shock waves across the markets today. In addition to allegations of...
Voyager’s $1B sale to Binance.US put on hold by US court
Voyager Digital’s $1 billion sale to Binance.US has been temporarily halted by a federal judge after a request by the United States government for an...
Dan Dolev’s view on Coinbase stock after CFTC sued Binance
CFTC sued Binance for violating federal laws to attract U.S. clients. Mizuho’s Dan Dolev reiterates his $30 price target on Coinbase stock. He prefers Bitcoin...
Biden’s policy on crypto taxation undermines his environmental goals
Gains accrued by staking cryptocurrency should not be treated as a taxable event. It only makes sense to tax such gains upon their conversion to...
Breaking: Binance CEO CZ rejects allegations of market manipulation
Binance CEO Changpeng 'CZ' Zhao has rejected allegations from the Commodities Futures and Trading Commission, arguing the company "does not trade for profit or 'manipulate'...
MakerDAO passes new ‘constitution’ to formalize governance process
MakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has passed a new proposed “constitution” intended to formalize governance processes and help prevent...