On 13 September, Delaware district judge John Dorsey gave crypto exchange FTX a green signal to sell its crypto holdings.
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The list of applicants for the BTC spot ETF just went up as Asset manager giant – Franklin Templeton applied for the same on 12 September.
On 12 September, crypto exchange CoinEx reportedly fell victim to a hack. While the company didn’t make an official statement about the same, as per Colin Wu, the exchange lost almost $27 million.
On 31 August 2023, the SEC delayed the approval and grant of the spot BTC ETF to Blackrock and other firms. These investment giants would now have to wait longer for another update from the SEC.
Binance is in the news again and this time Mastercard decided to move away from the exchange. This news came in as BNB tried to stay away from the bears considering its price action that could be moving towards a bearish zone.
Roman Storm, co-founder of Tornado Cash – ETH mixer was arrested by the U.S. Department of Treasury on 23 August.
Sam Bankman Fried – SBF – is expected to face fresh charges mere days after his bail was revoked.
Sam Bankman Fried, popularly known as SBF, violated his bail conditions because of which he has been sentenced to jail as of 11 August.
Digital Currency Group [DCG] and Barry Silbert moved the court to dismiss the lawsuit around the crypto exchange Gemini. The lawsuit alleged DCG misrepresented facts and financial statements.
Paypal launched its own stablecoin – PYUSD, backed by the US dollar, treasury bills, and cash equivalents The coin will be issued by Paxos, the same company that issued BUSD, which was later labelled as security by the SEC PayPal, an online payments giant, announced its step into the digital currency market with its ownContinue reading “PayPal’s US dollar dominated stablecoin will be issued by Paxos”
Binance – the world’s largest crypto exchange’s regulatory burden seems to only be growing. Regulators are now considering bringing fraud charges against the exchange.
As of 31 July, the SEC launched a lawsuit against Richard Heart which extends to his projects PulseChain, PulseX, and HEX.