News (81237)

Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX

Torres is a crypto supporter who has questioned the performance of the SEC before; he has written...
Published on 3 year(s) ago

Fintech firm Plaid lays off 260 employees

Plaid CEO Zach Perret said that 260 Plaid employees will be let go due in part to the "current...
Published on 3 year(s) ago

Coinbase’s Armstrong expects revenue to fall 50% or more, he tells Bloomberg

Coinbase CEO Brian Armstrong said the crypto exchange's revenue this year will likely be cut in half...
Published on 3 year(s) ago

Kazakhstan Presses On With Restrictive Bitcoin Mining Regulation

A bill that would create new licensing and electricity purchase requirements has been sent on to a...
Published on 3 year(s) ago

Ex-CFTC Chair: Crypto Regulation Could Be Joint SEC, CFTC Effort

Neither the SEC nor the CFTC has the power to solely take on crypto regulation, and the industry...
Published on 3 year(s) ago

The blockchain trilemma: Can it ever be tackled?

Blockchain trilemma is arguably the hardest technical problem to solve within Web3. How are...
Published on 3 year(s) ago

Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal

According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to...
Published on 3 year(s) ago

Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report

Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL...
Published on 3 year(s) ago

SEC Chair Gensler Responsible for FTX Fall Thrashes Congress Reps.

Speculative opinions surrounding the U.S Securities and Exchange Commission (SEC) have always been...
Published on 3 year(s) ago

Just In: Coinbase CEO Expects Revenue To Fall By Over 50% In 2022

Leading cryptocurrency exchange Coinbase anticipates a sharp decline in revenue this year. As a...
Published on 3 year(s) ago

MicroStrategy’s Saylor Says XRP Is A Security, Touts Bitcoin As The Only Crypto Commodity

Michael Saylor has said that XRP is a security, noting that the cryptocurrency falls under the...
Published on 3 year(s) ago

Bitcoin, Ethereum, Dogecoin Dip Along With Stocks as Recession Concerns Loom

Bitcoin dropped again today—taking other cryptocurrencies with it—as traders continue to sell...
Published on 3 year(s) ago

Best Crypto to Buy Today, 7 December – D2T, APE, IMPT, AXS, TARO, RIA

The stock market continued its downward trend today so far and is on track for its fifth day...
Published on 3 year(s) ago

Data Lake: DeSci the Future of Crypto after the FTX Fiasco?

It’s no surprise that the news about FTX has dominated the headlines over recent weeks. Since the...
Published on 3 year(s) ago

Gensler Says SEC Is Fine Going After Crypto With Its Current Authority

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), isn’t waiting for...
Published on 3 year(s) ago

US Sen. Cynthia Lummis: Ether Is Now a Security; My Bill Might Have Stopped FTX

The Wyoming Republican says the second-largest cryptocurrency was transformed by the Ethereum Merge.
Published on 3 year(s) ago

$BTC: Africa Gets New Payment Option with Strike’s “Send Globally” Feature

Africa has a new way to make cross-border payments thanks to Strike, a digital payments platform...
Published on 3 year(s) ago

CNBC’s Jim Cramer Warns XRP, Cardano, Dogecoin and Polygon Could Collapse, Says Not Too Late To Sell

CNBC host Jim Cramer thinks crypto investors should immediately unload their positions before prices...
Published on 3 year(s) ago

FBI arrests blockchain startup CTO for allegedly stealing over $1 million

U.S. authorities have arrested Rikesh Thapa, a former executive at Blockparty, for alleged wire...
Published on 3 year(s) ago

Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent

Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple...
Published on 3 year(s) ago

Sam Bankman-Fried hires white-collar attorney who represented Ghislaine Maxwell

Sam Bankman-Fried hired white-collar attorney Mark Cohen as regulators investigate what went wrong...
Published on 3 year(s) ago

Silvgerate stock extends fall as U.S. lawmakers demand clarity about FTX links

Silvergate Capital ( NYSE: SI ) stock retreated 5.4% in Tuesday afternoon trading as Senators...
Published on 3 year(s) ago

SushiSwap Will Run Out Of Money In 1.5 Years

SushiSwap's CEO Jared Grey has revealed that the DEX currently has 1.5 years of runway. He has...
Published on 3 year(s) ago

USDC Issuer Circle Changes Mind on Going Public, CEO Reveals Q3 Earnings

Circle, the US financial services firm behind the stablecoin USDC, has changed its mind about...
Published on 3 year(s) ago

Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: Bloomberg

Fir Tree also wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.
Published on 3 year(s) ago

Paraguay Lawmakers Shelve Hotly Debated 'Crypto Law'

The South American nation was set to become a Bitcoin mining paradise—but lawmakers have pumped...
Published on 3 year(s) ago

Crypto Exchange Bybit To Let Go of 30% of Workforce As Bear Market Drags On: Report

Dubai-based crypto exchange Bybit is kicking off a round of layoffs equalling more than a quarter of...
Published on 3 year(s) ago

Chainlink Gears Up for Staking As Crypto Whales Aggressively Accumulate LINK

Ethereum (ETH)-based decentralized oracle network Chainlink (LINK) is announcing the launch of its...
Published on 3 year(s) ago

FTX’s Sam Bankman-Fried Was a ‘Master Manipulator,’ Says Binance CEO CZ

“No healthy business can be destroyed by a tweet,” Changpeng Zhao says to accusations that he...
Published on 3 year(s) ago

Major Japanese Exchange Reacts to Petition to List Shiba Inu (SHIB)

The Shiba Inu (SHIB) community has been persistently asking major Japanese exchanges to list the...
Published on 3 year(s) ago