New York Governor Signs a Bill to Ban PoW Crypto Mining
On November 22, nearly four months after the state senate passed the PoW moratorium bill, New York City Governor Kathy Hochul officially signed it into...
Genesis Crypto Lender Hires a Restructuring Adviser to Avoid Bankruptcy
The cryptocurrency lender, Genesis Global Capital has hired investment bank Moelis & Company to consider alternatives including a potential bankruptcy, according to the New York...
Crypto.com Claims to Have Little FTX Exposure
In a YouTube livestream interview, CEO Kris Marszalek of the Singapore-based cryptocurrency exchange Crypto.com dismissed concerns that the platform would be doomed because of its...
Congressman Brad Sherman Says SBF Used Money to Influence Crypto Regulation
In a statement following the FTX collapse, crypto cryptic Congressional representative and chair of the Subcommittee on Investor Protection and Capital Markets, Brad Sherman, claimed...
U.S. Senators Prepare Crypto Bill in Wake of FTX Crash
Debbie Stabenow, the chairwoman of the United States Senate Agriculture Committee, said on Thursday that the United States Congress has to adopt laws in the...
Binance Exchange Reveals Cold and Hot Wallets Crypto Holding
Binance, the world’s most prominent cryptocurrency exchange, disclosed the amount of cryptocurrencies it holds in its wallets as part of the company’s ongoing effort to...
Top Crypto Firms Deny Having Exposure to FTX and Alameda
In the wake of FTX’s forced merger with rival Binance, some of the major cryptocurrency companies, including Circle and Tether, have taken to Twitter –...
MiCA Could Make Things Easier For Small Crypto Exchanges
Martin Bruncko, executive vice president of Europe for Binance, believes that the Markets in Crypto-assets (MiCA) legislation that the European Union is working on might...
Crypto Market Cap Slips Below $1 Trillion, as BTC Lost $20k Level
Bitcoin plummeted by a few hundred dollars and fell below the $20,000 psychologically important level after a few days of trading over $21,000–now bringing the...
United States Removes Crypto From “Top 10 Threats”
According to a report of central banks conducted and published by the Federal Reserve System, cryptocurrency is no longer among the top ten risks in...