Beaxy Exchange suspends operations after the US SEC charges
The US SEC has filed several charges against the Beaxy Exchange. The exchange has consequently suspended operations In its defence, Beaxy has said that it...
Galaxy Digital CEO says BTC and ETH are best investments
Mike Novogratz is bullish on crypto, particularly the top two coins Bitcoin and Ethereum. The Galaxy Digital CEO says BTC and ETH been best risk-adjusted...
From Bat-Signal to Bitcoin: Projecting ‘Orange Pill’ on banks as EU drives crypto regulation
“The signal goes on, and he shows up. That’s the way it’s been. That’s the way it will be.” Whenever Gotham faces an existential threat, the...
Government requests for user data from Big Tech increased by 25%: Report
How Big Tech companies treat user data has been controversial for some time. Meta, Apple, Google and Microsoft are often accused of collecting and selling the...
Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
Regulated stablecoins are in the spotlight of policymakers as a panel of professionals in the digital regulatory space discusses the future use of the assets...
DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say
DeFi execs at the World of Web3 (WOW) Summit in Hong Kong argued that implementing “Know Your Customer” (KYC) measures will tackle the “biggest issue”...
Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor
There are still industry executives that remain hopeful the United States will develop laws to treat crypto fairly, however, an advisory to the Crypto Council...
SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’
United States Securities and Exchange Commission (SEC) chair Gary Gensler has thrown his support behind President Biden’s request to allocate a record $2.4 billion in...
FTX lawyers, creditors slam SBF’s petition to get legal fees reimbursed
Sam Bankman Fried’s new petition to have his legal expenses reimbursed has been met with fierce objection from lawyers representing the crypto exchange and its...
FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg
Martin Gruenberg, chair of the United States Federal Deposit Insurance Corporation, has said the agency plans to return roughly $4 billion in deposits connected to...