CFTC Imposes Penalty on Blockchain Protocol bZeroX and Ooki DAO
The Commodity Futures Trading Commission (CFTC) said on Thursday that it had charged bZeroX, LLC and its founders Tom Bean and Kyle Kistner with providing
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Cardano Vasil Hard Fork Finally Goes Live
The Cardano Vasil update and hard fork has finally gone live as of Thursday night, after being delayed for a number of months. These changes
Singapore’s DBS Increases Crypto Trading to 100,000 Customers
As a result of the fast growth of the cryptocurrency industry, a rising number of banks and other financial institutions are beginning to provide their
Zilliqa to Release its Web3 Gaming Console With Crypto Mining Features
Zilliqa, a Layer 1 blockchain network and the creator of the ZIL token cryptocurrency, has announced the release of their new Web3-focused video game console,
Jesse Powell Steps Down As the CEO of Kraken
Kraken, the cryptocurrency exchange that Jesse Powell created in 2011, has announced that Powell would stand down from his position as CEO effective immediately. The
Crypto Exchange CoinFlex Reveals New Restructuring Proposal
The struggling cryptocurrency exchange CoinFLEX has published a restructuring plan more than a month after filing for the same at a Seychelles court. The exchange
FV Bank Partners With Circle to Enable Users to Deposit and Convert USDC to USD
The Puerto Rico-based FV Bank has partnered with stablecoin issuer Circle to let its users accept USD Coin (USDC) deposits into their accounts, making international
JPMorgan CEO: Cryptocurrencies Are Just Decentralized Ponzi Schemes
Jamie Dimon, the CEO of JPMorgan Chase, gave testimony in front of Congress in the United States (U.S.). In that testimony, he referred to himself
Judge Demands Tether To Give USDT Financial Records
As part of a market manipulation case that alleges USDT artificially inflated cryptocurrency values, a judge in the United States has given Tether an order
The New US Crypto Draft Would Put a 2-Year Ban on Algorithm Stablecoins
New algorithm stablecoins such as TerraUSD Classic (USTC), which de-pegged from the US dollar early this year, would face a two-year prohibition under draft legislation