FTX was the ‘fastest’ corporate failure in American history, calls for probe

FTX was the ‘fastest’ corporate failure in American history, calls for probe

The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the “fastest big corporate failure in American history,” and is calling for an independent probe to look into its…

BlockAura Climbs 3100% but Crypto Investors are Skeptic

BlockAura Climbs 3100% but Crypto Investors are Skeptic

BlockAura (TBAC) gave a 3100% return to an Indian man. But the crypto community calls this multi-level marketing token a Ponzi. According to the official website, BlockAura is a revolutionary blockchain platform built…

Crypto Influencers Guilty of Shilling and Dumping Crypto on Investors

Crypto Influencers Guilty of Shilling and Dumping Crypto on Investors

Big names are entering crypto and crypto is making some names big. There are some who have shaped their views to a point of dominance, becoming opinion leaders. However, many crypto influencers have…

Coinbase Wallet Mysteriously Delists Ripple’s XRP Token

Coinbase Wallet Mysteriously Delists Ripple’s XRP Token

Coinbase has announced the delisting of XRP from the Coinbase wallet. Is it due to the ongoing XRP vs. SEC battle? Today, Coinbase announced that the Coinbase wallet would no longer support the…

Calls for regulation get louder as FTX contagion continues to spread

Calls for regulation get louder as FTX contagion continues to spread

Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry.  In just the last 24 hours, the…

Politicians Call for Crypto Regulations As FTX Contagion Spreads

Politicians Call for Crypto Regulations As FTX Contagion Spreads

The US and European politicians are calling out for crypto regulation. Is the FTX collapse a catalyst for the global regulations on crypto? The crypto regulations are the need of the hour after…

FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead

FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead

Ripple’s APAC Policy Director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test of time if its focus shifts towards building…

Russia Calls For Blockchain-based International Payment System

Russia Calls For Blockchain-based International Payment System

Russian President Vladimir Putin said there is a need for a new and independent international settlement system amidst the sanctions and restrictions placed on his country. President Putin said the new system would…

New York’s mayor seeks balance with regulators after PoW mining moratorium

New York’s mayor seeks balance with regulators after PoW mining moratorium

New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to…

SEC Chair Gensler Criticized for Crypto Regulation Approach

SEC Chair Gensler Criticized for Crypto Regulation Approach

US Congressman Tom Emmer criticized the Securities and Exchange Commission chair, Gary Gensler, on his approach toward the regulation of the cryptocurrency industry. According to Emmer, lawmakers have become more concerned about Gensler’s approach to…

DeFi sparks new investments despite turbulent market: Finance Redefined

DeFi sparks new investments despite turbulent market: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The prolonged crypto winter aided by the…

ConsenSys CEO Refutes Claim That MetaMask Collects User IPs

ConsenSys CEO Refutes Claim That MetaMask Collects User IPs

ConsenSys CEO and Ethereum co-founder Joseph Lubin claims that the self-custodial MetaMask wallet ConsenSys develops does not collect IP addresses. This comes after privacy enthusiasts slammed ConsenSys’ new privacy policy for prioritizing corporate…

Belgium says BTC, ETH and other decentralized coins are not securities

Belgium says BTC, ETH and other decentralized coins are not securities

Belgium’s financial regulatory body has confirmed its position that Bitcoin (BTC), Ether (ETH) and other cryptocurrencies that are issued solely by computer code do not constitute securities. The explanation came from Belgium’s Financial…

Lemon Cash Lets Go of 38% of Staff to Survive Crypto Winter

Lemon Cash Lets Go of 38% of Staff to Survive Crypto Winter

Lemon Cash had to lay off around 100 employees, which consists of 38% of the company’s staff, to survive crypto winter. The market is witnessing a full-fledged bear market in crypto, and the…

Block Earner sued over crypto-yield products, CEO calls for clarity

Block Earner sued over crypto-yield products, CEO calls for clarity

The CEO of fintech firm Block Earner has lashed out over the “lack of clarity” in Australia’s financial licensing regime after his company was sued by the country’s financial services regulator for providing…

Bitcoin and Ether Rally Despite Mixed Fed Messages

Bitcoin and Ether Rally Despite Mixed Fed Messages

Fed minutes from the Nov. 2022 Federal Open Markets Committee Meeting reveal that most Fed officials see rate hikes softening soon. However, some officials noted that the terminal rate, i.e., the rate at…

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