General News

Alameda Research sues Grayscale over fees and redemption ban

Alameda Research, the trading branch of FTX, a bankrupt digital-asset exchange, has sued Grayscale Investments. The lawsuit claims “exorbitant management fees” and accuses Grayscale...

Binance Offered Advisor Position to SEC Chairman Before His Appointment

Binance, a cryptocurrency exchange, reportedly sought to hire Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), as an...

Silvergate Bank discontinues its crypto payments network

Silvergate Bank, a digital asset-focused bank, has discontinued its Silvergate Exchange Network (SEN), a crypto payments network that allowed round-the-clock transfers between investors and...

Binance Collaborates with Law Enforcement to Launch Anti-Scam Campaign

Binance, the world's largest cryptocurrency exchange by trading volume, has partnered with various law enforcement agencies to launch a Joint Anti-Scam Campaign aimed at...

Binance USD (BUSD) market cap drops below $10B due to regulatory issues

Binance USD (BUSD), a stablecoin issued by Paxos, has experienced a market capitalization drop below $10 billion for the first time in two years....

Mastercard and Bitso Launch Crypto Debit Card to Drive Adoption in Mexico

Mastercard, the global payments technology company, continues to expand its partnership with Latin American cryptocurrency exchanges. Its latest partnership is with Bitso, the Mexican...

SEC Chair: Crypto Trading Platforms Can’t Be Qualified Custodians

US Securities and Exchange Commission (SEC) Chair Gary Gensler warned that investment advisers can't rely on crypto trading and lending platforms as qualified custodians....

Coinbase CEO warns of US losing crypto leadership without clear regulation

Crypto exchange Coinbase has launched a new campaign to educate Americans on the benefits of cryptocurrency and to urge policymakers to establish clear regulatory...

Coinbase Adds Euro-Backed Stablecoin EUROC Amidst Controversy

Coinbase, one of the top cryptocurrency exchange platforms, has announced the listing of $EUROC, a stablecoin backed by the Euro and issued by Circle....

Tel Aviv Stock Exchange Proposes Allowing Crypto Trading

Tel Aviv Stock Exchange (TASE) has released a draft proposal for public comment that would allow non-banking members to trade cryptocurrencies. This move marks...

FTX’s Nishad Singh Pleads Guilty to Criminal Charges in US Investigation

Former director of engineering at FTX, Nishad Singh, pleaded guilty to several US criminal charges, including wire fraud, conspiracy to commit fraud and money...

Digital Currency Group Reports $1 Billion Loss in 2022 Due to 3AC Default

Cryptocurrency venture capital firm Digital Currency Group (DCG) reported losses of over $1 billion in 2022 due to the collapse of Three Arrows Capital...