Voyager victim calls for trustee to seize control of the estate

Voyager victim calls for trustee to seize control of the estate

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….

Bitcoin Surges After Fed Reveals 25 Basis Point Hike

Bitcoin Surges After Fed Reveals 25 Basis Point Hike

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…

Crypto-friendly bank ends loans backed by crypto mining rigs

Crypto-friendly bank ends loans backed by crypto mining rigs

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….

Solana Founders Give Exclusive Insights for 2023

Solana Founders Give Exclusive Insights for 2023

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…

China’s Hainan to boost NFT oversight as digital yuan trial ramps

China’s Hainan to boost NFT oversight as digital yuan trial ramps

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…

Stocks, Treasuries and Bitcoin Dive Ahead of the Next Fed Meeting

Stocks, Treasuries and Bitcoin Dive Ahead of the Next Fed Meeting

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…

Philippines securities regulator seeks more authority to police the crypto industry

Philippines securities regulator seeks more authority to police the crypto industry

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….

UK Property Brings Attention on Ruja Ignatova ‘Cryptoqueen’

UK Property Brings Attention on Ruja Ignatova ‘Cryptoqueen’

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…

BUSD Supply Decline by B as USDT Market Dominance Rises

BUSD Supply Decline by $2B as USDT Market Dominance Rises

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…

White House cryptocurrency ‘roadmap’ recommends against pension funds

White House cryptocurrency ‘roadmap’ recommends against pension funds

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…

Custodia Bank Falls Frustratingly Short of Fed Membership

Custodia Bank Falls Frustratingly Short of Fed Membership

The U.S. Federal Reserve Board has denied Wyoming-based Custodia Bank’s application to become a Federal Reserve member, despite the state having one of the most advanced crypto regulatory frameworks in the United States….

US securities regulator probes Wall Street over crypto custody: Report

US securities regulator probes Wall Street over crypto custody: Report

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 Lawyers Eye Bankman-Fried’s Family

FTX Lawyers Eye Bankman-Fried’s Family

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…

Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren

Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren

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…

BlockFi Owed Alameda Research 0M, Leaked Report Reveals

BlockFi Owed Alameda Research $800M, Leaked Report Reveals

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…

Court to hear oral arguments in Grayscale’s lawsuit against the SEC in March

Court to hear oral arguments in Grayscale’s lawsuit against the SEC in March

A United States appeals court is set to hear the oral arguments relating to Grayscale Investment’s lawsuit against the Securities and Exchange Commission (SEC) over its decision to deny Grayscale’s Bitcoin (BTC) spot…

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