A Voyager creditor and finance lawyer wants to see a chapter 11 trustee appointed in crypto brokerage Voyager Digital’s bankruptcy trial, which would see Voyager lose control of its estate. In a Feb….
The Federal Reserve increased interest rates by 25 basis points on Feb. 1, 2023, taking the U.S. Federal Funds rate to between 450 and 475 basis points. The latest increase follows a 50…
The holding company for the crypto-friendly bank, BankProv, has revealed it’s no longer providing loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans primarily secured by them throughout 2022….
The Solana ecosystem is showing signs of a promising future in the midst of a volatile crypto market, according to its founders Anatoly Yakovenko and Raj Gokal. Electric Capital’s recent Developer Report showed…
Authorities from the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) sector to “promote the healthy development” of the sector and to stomp out fraud and…
As the Federal Reserve prepares to make a significant announcement, US stocks, treasuries and Bitcoin have have seen a noticeable shift in expectations around inflation data. There has been a hawkish drift ahead…
The Philippines Securities and Exchange Commission (SEC) is seeking to bring cryptocurrencies under its scope and beef up its authority over the local cryptocurrency industry under new draft rules. According to a Jan….
A Jan. 28 New York Post report suggested that the notorious crypto fraudster and the only woman on the FBI 10 most wanted fugitive list, Ruja Ignatova, has been discovered five years after…
Tether USDT’s market dominance has risen to its highest level since November 2021, according to DeFillama data. On the other hand, Binance-backed BUSD has seen its supply shrink by roughly $2 billion in…
The White House released a statement on Jan. 27 that provided the United States President Joe Biden administration a roadmap for mitigating risks associated with cryptocurrencies. Much of the document was addressed to…
The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisors that may be offering digital asset custody to its clients without the proper qualifications. A Jan. 26…
FTX’s bankruptcy lawyers have asked Judge John Dorsey for permission to subpoena family members of Sam Bankman-Fried to testify under oath regarding any financial benefits accrued from FTX’s business. FTX also wants to…
United States senator and crypto skeptic Elizabeth Warren wants the Securities Exchange Commission (SEC) to “double down” on its crypto enforcement efforts, highlighting that the cryptocurrency industry is running “scared” for what’s to…
A CNBC report claims that BlockFi has over $800 million in loans to Alameda Research and $416 million in assets connected to the bankrupt exchange FTX. According to CNBC, these numbers are valid…