Judge refuses to consolidate class action suits against FTX
A federal judge has refused to consolidate a number of proposed class-action lawsuits against the FTX exchange by investors. According to the judge, the exchange...
BitMEX co-founder Arthur Hayes proposes Bitcoin-based stablecoin
While United States regulators increasingly scrutinize stablecoins, the community continues to pitch new ideas for stablecoins independent of the U.S. dollar.Arthur Hayes, co-founder and former...
Silvergate downfall sparks debate over whose fault it actually was
The voluntary liquidation of crypto-friendly bank Silvergate has sparked many to share their thoughts about the source of its troubles and the broader impact of...
Biden wants to double capital gains and clamp down on crypto wash sales: Reports
U.S. President Joe Biden’s upcoming budget proposal has a few surprises for crypto traders and investors, including a proposed doubling of capital gains and a...
Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair
Stablecoins and Ether (ETH) are commodities and should come under the purview of the United States Commodity Futures Trading Commission (CFTC), its chairman has again...
AirBit Club execs face decades in prison after pleading guilty to $100M fraud
Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty to a series of fraud...
Silvergate stock just crashed again: explore why
Silvergate Capital Corp says it has decided to wind down operations. The crypto company will liquidate the Silvergate Bank as well. Silvergate stock is now...
FCA officials tell UK parliamentary committee crypto regulation is unavoidable
Officials of the United Kingdom’s Financial Conduct Authority (FCA) appeared before the House of Common’s Treasury Committee on March 8 to discuss the agency’s work....
Gemini’s banking relationship with JPMorgan ‘remains intact’
Crypto exchange Gemini took to Twitter on March 8 to deny rumors about its banking relationship with United States financial conglomerate JPMorgan being terminated. In a...
Crypto bill draft will be released in April, says Senator Gillibrand
According to United States Senator Kirsten Gillibrand, a new draft of the bipartisan crypto bill pioneered by herself and Senator Cynthia Lummis will be released...