Paraguay’s plans to regulate the crypto mining industry have come to a screeching halt after lawmakers nixed the country’s “Crypto Law” on Monday. The bill, which was set to create a tax and…
Crypto lender Nexo today announced it will gradually phase out U.S. products and services over the coming months due to hitting a “dead end” with regulators. The U.K. company said in a Monday…
Coinbase Chief Executive Brian Armstrong on Saturday condemned Sam Bankman-Fried’s account of how FTX found itself in an $8 billion hole. Armstrong said there is no way billions of dollars could have simply…
Embattled crypto broker Genesis and its parent company Digital Currency Group (DCG) owe users of Gemini Earn $900 million, the Financial Times reported on Saturday, citing anonymous sources. Gemini had used Genesis as…
MetaMask co-founder and ex-Apple employee Dan Finlay says he’s all in favor of the crypto industry ditching Apple’s App Store altogether, calling Apple’s 30% in-app purchase tax “an abuse of monopoly.” “I’ll absolutely…
Coinbase’s Wallet iOS application no longer supports NFT transactions because of Apple’s strict new policies on NFTs, which were announced in October. “You might have noticed you can’t send NFTs on Coinbase Wallet…
The recent collapse of crypto exchange FTX highlights the “absolute need” for decentralization, according to Cardano founder Charles Hoskinson. Speaking at the Financial Times Crypto and Digital Assets Summit, Hoskinson said that the…
Coinbase today delisted a number of big cryptocurrencies—including Ripple’s XRP, the seventh largest digital asset by market cap—from its wallet app. In a Tuesday announcement, America’s biggest exchange said that from January 23…
In brief Time President Keith Grossman will depart the media brand to join crypto payments startup MoonPay as President of its Enterprise division. Grossman joined Time in 2019 and oversaw its push into…
In an appearance on Fox News on Wednesday to discuss the FTX collapse, CME Group boss Terry Duffy appeared to say that he bribes or bribed a Commodity Futures Trading Commission (CTFC) official….
The sudden multibillion-dollar collapse of the FTX crypto exchange has inflicted destitution and misery on great swaths of the crypto world. Retail investors are down bad. Flagship exchanges are on the brink of…
Binance, the world’s largest crypto exchange by trading volume, released its proof-of-reserves (PoR) system today, which it said “is the next step in its “commitment to transparency and fostering trust in the ecosystem.”…
Crypto markets appear to have turned a corner after the collapse of Sam Bankman-Fried’s crypto empire. In the last 24 hours, Bitcoin has risen roughly 1.5% and is trading at just over $16,600….
An NFT, also known as a non-fungible token, is a unique type of blockchain token by design. Unlike fungible tokens such as BTC, ETH, or SOL, each NFT is individual and has no…
The judge overseeing the bankruptcy case of fallen crypto exchange FTX today agreed to continue bankruptcy proceedings in Delaware and keep the names and addresses of the top 50 creditors—owed approximately $3.1 billion—redacted…