Celsius Network Founder Withdrew $10m Before Platform’s Failure
The now-defunct cryptocurrency lender Celsius Network’s troubled founder and former CEO, Alex Mashinsky, withdrew $10 million from the company only weeks before it froze client...
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CryptoCom Gets Approval to Offer Services in France
The French government has given its stamp of approval to Crypto.Com, making it the most recent bitcoin site to do so. Following receipt of approval...
Central Bank of Australia Finally Releases Its Official CBDC Whitepaper
A research study to examine use cases for a central bank digital currency (CBDC) in Australia was officially unveiled by the Reserve Bank of Australia...
GPUs Prices Fall to the Lowest Level Ever in China After the Ethereum Merge
The Ethereum Merge switches the network’s protocol consensus from PoW to a more environmentally friendly PoS, which eliminates the need for enormous computing power for...
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...
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...