Binance Scoops up Voyager Assets as Acquisitions Continue

Binance Scoops up Voyager Assets as Acquisitions Continue

Binance continues its acquisition spree by securing an Indonesian exchange, as it adds Voyager Digital assets to its books. As the world’s largest crypto exchange struggles to find auditors for its proof-of-reserves, it…

US Senate banking chair floats possibility of banning crypto

US Senate banking chair floats possibility of banning crypto

United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies. Brown’s comments were made…

$ARG Dips Despite World Cup Victory

$ARG Dips Despite World Cup Victory

The Argentina National Team became a three-time champion of the FIFA World Cup. How has its fan token $ARG reacted? Argentina became three-time world champion after beating France in the dramatic final of…

SBF prosecutors reportedly dig into donations made to top US Democrats

SBF prosecutors reportedly dig into donations made to top US Democrats

The prosecutors investigating former FTX CEO Sam Bankman-Fried (SBF) have reportedly reached out to top members of the Democratic Party demanding information about the political donations made by the entrepreneur. Democratic members from…

Crypto Wallets Users Grew by Over 6% in 2022: Huobi

Crypto Wallets Users Grew by Over 6% in 2022: Huobi

New Huobi research has revealed that the number of crypto wallet users worldwide grew by 6.3% to 85 million as of November 2022. The report said non-self-custodial wallets could potentially introduce Web2 users…

Democrats to reportedly return over M of SBF’s funding to FTX victims

Democrats to reportedly return over $1M of SBF’s funding to FTX victims

Following the arrest of former FTX CEO Sam Bankman-Fried (SBF), three prominent Democratic groups have reportedly decided to return over $1 million to investors that lost their funds due to misappropriation. On Dec….

Argentina’s San Luis Set to Create Dollar-Pegged Stablecoin

Argentina’s San Luis Set to Create Dollar-Pegged Stablecoin

The Argentinian province of San Luis has passed a bill allowing it to issue a dollar-pegged stablecoin. The new law will also give local artists the chance to have their work minted as…

SBF reportedly files new bail application in the Bahamas Supreme Court

SBF reportedly files new bail application in the Bahamas Supreme Court

Sam Bankman-Fried, the jailed founder of bankrupt cryptocurrency exchange FTX has reportedly filed a new application for bail in the Bahamas Supreme Court following his previous unsuccessful bail bid. Local media on Dec….

Binance Stablecoin BUSD Isn’t Fully Regulated, Concerns Ahead

Binance Stablecoin BUSD Isn’t Fully Regulated, Concerns Ahead

(Stablecoin) Binance-Peg BUSD is a Binance product but is not issued by Paxos nor regulated by the New York State Department of Financial Services. Only ERC20 BUSD is issued by Paxos and regulated…

FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried

FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried

According to Bahamian court records filed on Dec. 14, Ryan Salame, the former co-CEO of FTX Digital Markets told the Securities Commission of the Bahamas (SCB) on Nov. 9 that FTX was sending…

Binance FUD Could Lead to Another Bank Run, Users Back CZ

Binance FUD Could Lead to Another Bank Run, Users Back CZ

Binance is currently riding a wave of FUD (fear, uncertainty, doubt) as the exchange faces multiple controversies, including a potential investigation for money laundering and a steep rise in customer withdrawals since the…

‘You can commit fraud in shorts and T-shirts in the sun,’ says SDNY attorney on SBF indictment

‘You can commit fraud in shorts and T-shirts in the sun,’ says SDNY attorney on SBF indictment

Damian Williams, United States Attorney for the Southern District of New York, said the investigation leading to charges against former FTX CEO Sam Bankman-Fried had been “very, very fast” but prosecutors were “not…

FTX CEO John J. Ray III Testifies as Committee Grills for Answers

FTX CEO John J. Ray III Testifies as Committee Grills for Answers

The CEO of FTX, John J. Ray III, testifies to the US House Committee on Financial Services. He claims $1 billion worth of assets are secured.  After the collapse of FTX, Tuesday was…

Sen. Lummis still ‘very comfortable’ with Bitcoin in retirement plans

Sen. Lummis still ‘very comfortable’ with Bitcoin in retirement plans

Pro-crypto United States senator Cynthia Lummis has remained steadfast in her support for Bitcoin (BTC) as part of diversified retirement plans, despite calls from her senator peers otherwise. As it stands, Lummis seems…

Justice Officials Divided Over Binance Criminal Investigation

Justice Officials Divided Over Binance Criminal Investigation

U.S. Department of Justice prosecutors have become divided in their approach to a long-running criminal investigation into Binance. The DOJ has reportedly been investigating the world’s largest cryptocurrency exchange since 2018. According to…

There’s ‘no reason why’ crypto should exist

There’s ‘no reason why’ crypto should exist

Another crypto-skeptic United States senator is on the loose, with Democrat Jon Tester boldly stating that he sees “no reason why” crypto should exist. Tester is the senior senator of Montana and has…

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