Tyler Winklevoss criticizes the Fed’s crackdown on Customers Bank
Crypto exchange Gemini co-founder Tyler Winklevoss called the “reset” of the crypto stance of Vice President Kamala Harris a “scam”...
Month: August 2024
Putin Signs Law to Regulate Crypto Mining in Russia
Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set...
Peru Issues VASP Regulation, Strengthens AML/TF Requirements
The Superintendence of Banking and Insurance (SBS) of Peru, has issued a resolution that forces VASPs to implement Know Your...
Economist Art Laffer Slams US Economic Policies, Warns of Dollar’s Decline as Global Reserve Currency
Economist Art Laffer, known for his work on supply-side economics, has expressed concerns over the future of the U.S. dollar...
Solana Gains Ground on Ethereum and Bitcoin in 2024
Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when compared to...
IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements
The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, introducing key changes...
IBM’s new ‘Lightweight Engine’ could be a game changer for fintech
JP Morgan just rolled out ChatGPT to 60,000 employees, demonstrating the demand for generative AI in the financial services sector.
Ripple Kicks Off Beta Testing for Its New RLUSD Stablecoin on the XRP Ledger and Ethereum
Ripple has kicked off beta testing for its new dollar-pegged stablecoin, Ripple USD (RLUSD), on the XRP Ledger and the...
US Treasury Begins $50,000,000,000 Liquidity Injection As Trillion-Dollar Bond Market Witnesses Weak Demand
The Treasury Department is beginning to buy tens of billions of dollars in US bonds in a push to bolster...
Indian Crypto Exchange WazirX To Roll Back All Trades and Restore Balances Following $230,000,000 Hack in July
Indian crypto exchange WazirX is reversing all trades and restoring customer balances after the platform was hacked to the tune...
Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff
The assets in question were evidently given to Tether as collateral.
US Commodities Regulator Shells Out $1,000,000 to Crypto Whistleblower Who Reported ‘Improper Trading’
The Commodity Futures Trading Commission (CFTC) paid a whistleblower more than $1 million for informing the regulator about “improper trading”...
JPMorgan Chase, Bank of America and Wells Fargo Under Federal Investigation Over Hundreds of Millions of Dollars in Scams and Fraud on Instant Payments Platform Zelle
JPMorgan Chase, Bank of America, Wells Fargo and other unnamed large banks are reportedly facing a federal investigation over scams...
AI and Bitcoin mining: A symbiotic relationship for the digital age
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. When the Federal Reserve tampered...
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the...