US trustee appeals FTX bankruptcy judge’s ruling to deny appointment of independent examiner
Lawyers for Andrew Vara, the United States Trustee representing the interests of the Department of Justice in crypto exchange FTX’s bankruptcy proceedings, has filed an...
Tether refutes “stale allegations” from Wall Street Journal
Tether calls Wall Street Journal’s claims “stale allegations from long ago.” The USDT issuer noted in a recent blog post that it adheres to all...
Lawmakers should check the SEC’s wartime consigliere with legislation
When Michael Corleone ordered hits on rival bosses in The Godfather, he had Don Cuneo locked inside a revolving door and shot. Getting whacked while...
SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud
The United States Securities and Exchange Commission has targeted an investment adviser and individual allegedly connected to a $100-million cryptocurrency fraud in its latest enforcement...
Naira redesign no more: President’s directive canned by Nigerian Supreme Court
The Supreme Court of Nigeria has ruled that the old 200, 500 and 1,000 naira notes remain in circulation until Dec. 31, 2023, effectively nullifying...
Kraken will “soon” launch its own bank
Kraken says the crypto bank is on track for launch. The crypto exchange will initially offer the Kraken Bank services to customers in the US....
Babel wants to repay creditors via special ‘recovery coins’: Report
Babel Finance, one of many cryptocurrency lending firms shaken by the bear market of 2022, is exploring new restructuring opportunities involving minting a new token.Babel...
Bitcoin continues “boring action” as BTC hovers above $22k
Bitcoin on-chain exchange flows were $4 billion in and $4 billion out last week, Glassnode data shows. Crypto analyst Michael van de Poppe highlights BTC’s...
Bybit suspends USD deposits and withdrawals
USD payments suspension impacts both national and international bank transfers. Bybit will also pause USD withdrawals as from 10 March 2023. Customers can however continue...
Here’s how Binance is mitigating its stablecoin needs after BUSD ban
Binance has turned to a new set of stablecoins in the wake of the United States Securities and Exchange Commission’s (SEC) regulatory action against its...