Changpeng Zhao, the founder of the crypto exchange Binance, encountered a setback last month when a federal judge denied his request to travel to the United Arab Emirates. CZ proposed using his substantial…
The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India. According to a report, the bench…
No legal cover for crypto lending in China. A Chinese court has confirmed that activities related to crypto lending won’t be under the umbrella of legal safeguards. This is another blow to cryptocurrency…
South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party. A parliamentary ethics subcommittee of South Korea has voted down…
A team of researchers from the Bitcoin Policy Institute, a nonprofit think tank, have roundly rejected the conclusions reached in a 2022 paper claiming that Bitcoin has an intrinsic scaling problem that will…
Massive sell-off from long-term holders, among other on-chain metrics, suggests that the recent XRP rally may be shortlived. Where will the support army converge? Long-term holders liquidate their positions as XRP hit the…
Another day, another refusal by the Securities and Exchange Commission (SEC) to allow a Bitcoin spot ETF to launch in the United States. The latest rejected proposal came from Cathie Wood’s ARK Invest…
Ex-CEO of collapsed crypto exchange Sam Bankman-Fried breaks his silence and publishes a “pre-mortem overview” about FTX. On Jan 12, Sam Bankman-Fried posted on Substack highlighting the company’s insolvency and the factors that…
Vauld rejected a renewed takeover proposal by crypto finance firm Nexo, citing concerns with the company’s financial health. According to The Block, Vauld “unanimously” rejected Nexo’s proposal, with one Vauld creditor stating that…
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…
Binance’s CEO is not interested in Alameda’s offer to buy out Binance’s FTT token holdings. Cryptocurrency exchange Binance founder and CEO Changpeng Zhao (CZ) denied Alameda Research’s offer to buy out all of…