FDIC to prioritize crypto risk assessment as banks perform poorly in Q2
Economic uncertainty amid geopolitical tensions, rising interest rates and slowing economic growth have put a strain on the United States financial system. Reacting to the...
FTX Australia’s license suspended as 30K Aussies left in the lurch
Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian...
Will SBF face consequences for mismanaging FTX? Don’t count on it
Will former FTX CEO Sam Bankman-Fried be held accountable for his mismanagement of investor funds?After most of the entities tied to his cryptocurrency exchange became...
California AG issues warning-ladened guidance for public interested in buying crypto
With the cryptocurrency market becoming ever more complex and intimidating, California Attorney General Rob Bonta had decided to issue guidance for novice crypto buyers. The...
Crypto could ‘crash’ the global financial system: US senator
Cryptocurrency‘s latest turmoil, coupled with what has happened in recent months, paints a picture of an ecosystem that could distabilise the global financial system, Senate...
Mars Token maintains a daily trading volume of $117k
Mars Token (MRST) has surpassed $100k in daily trading volume barely a week after it launched on the OKX exchange. MRST, the native token of the Mars...
FDIC acting chair says no crypto firms or tokens are backed by agency
Federal Deposit Insurance Corporation acting chair Martin Gruenberg said the agency does not back any crypto firms in the United States, nor does its insurance...
Thousands petition for congressional investigation of alleged Gensler–SBF links
Almost 4,000 people have used a CryptoLaw petition app to demand that Congress investigate United States Securities and Exchange Commission head Gary Gensler’s “actions in...
SEC pushes deadline to decide on ARK 21Shares spot Bitcoin ETF to January 2023
The United States Securities and Exchange Commission, or SEC, has extended its window to decide on whether shares of ARK 21Shares’ Bitcoin exchange-traded fund could...
Three reasons why OKX is a top exchange
Low fees, a wide array of financial tools, and numerous trading pairs are among the features that make OKX a top cryptocurrency exchange. OKX is...