FTX CEO blames Fed Reserve for the Bear Market
The slump in the crypto market is being pushed by the aggressive rate hikes implemented by the US Federal Reserve to combat growing inflation, according to FTX CEO…
Cryptocurrencies
Delo, BitMEX Co-Founder Sentenced To 30 months Probation, Avoids Jail Time
Benjamin Delo, a co-founder of BitMEX, was sentenced to 30 months of probation for breaking US anti-money laundering laws by operating the offshore cryptocurrency…
Is the Future of 3AC Three Arrows Capital at Risk?
Rumours are circulating on social media that Three Arrows Capital (3AC), a Singapore-based crypto hedge fund manager, may be insolvent.
SEC Chair, Gary Gensler Worries About a New Cryptocurrency Bill
United States Securities and Exchange Commission (SEC) Chair Gary Gensler is concerned that a new proposal to create a regulatory framework for cryptocurrencies will…
After What Happened With Terra, Celsius Lockdowns Put The Market On Red Alert
A few weeks just after the abrupt demise of the Terra stablecoin that sent the crypto market into a huge downturn, another crisis is…
Bitcoin Could Reach $100K by Year-End, A PWC Survey Shows
According to a study conducted by the major financial services firm PricewaterhouseCoopers (PWC) titled “4th Annual Global Crypto Hedge Fund Report 2022,” the majority…
Bitcoin Hits 25k, What Has Happened?
The global cryptocurrency market and bitcoin have been subjected to a run of devastating lows over the last month, but those lows took on…
Celsius, a Cryptocurrency Lending service, has Halted Withdrawals due to “Extreme Market Conditions”
The Celsius Network, decentralised finance (DeFi) network and one of the largest crypto lenders, informed its 1.7 million customers on Monday morning that it…
The Court Denies the SEC Motion in the Ripple Case
Following Tuesday’s court-mandated SEC-Ripple conference that put the SEC in the spotlight, Judge Analisa Torres has granted a motion to seal and ordered the…
Mastercard has Partnered With NFT Marketplaces to Facilitate Non-Crypto NFT Purchases
Mastercard, the leading payment giant is partnering up with several NFT markets to accept payments across its network for NFT purchases in an effort…
New York State Issues New Guidance For Stablecoins
Financial regulators in New York State have published recommendations for the use of dollar-backed stablecoins corporate bonds subject to DFS regulation.