Australian Treasury Set to Regulate Crypto Exchanges, Makes Operating License Mandatory
The Australian Treasury has, in a recent consultation paper, obligates crypto exchanges to obtain financial services licensing from the local regulator. The Monday, October 16...
Crypto Exchange Binance Suspends USD Withdrawals
Binance exchange has delisted USDC stablecoin trading and withdrawal options. Cryptocurrency investor Asher Hopp claimed that Binance.US has updated its Terms of Services (ToS). However,...
Venezuela’s Suited to ‘Special Crypto Utility’ Amidst Hyperinflation
Venezuela is moving to a ‘de-facto dollarization economy,’ thus contradicting cryptocurrency supporters’ claims. Owing to authoritarianism and hyperinflation, Venezuela has regularly been placed in a...
Elliptic Alleges Russian Actors’ Likely Involvement in $477M FTX Hack
Most of the funds taken from the insolvent exchange have been blended with those of Russian offenders. Elliptic, a blockchain surveillance company, claims there is...
Ferrari to Accept Crypto Payments for Luxury Cars
Ferrari is reportedly accepting Bitcoin payments for its luxury sports car product in the USA. The firm has told the media that it is going...
‘Crypto Aid Israel’ Introduced to Generate Funds Amid Gaza War
The organization intends to generate funds for affected Israelis since the war began in the area on Saturday. Additionally, Gazans are raising cryptocurrency. Amid the...
Brazil’s Congressional Committee Accuses Binance of Running Financial Pyramid Scheme
Binance exchange is facing issues in Brazil. The Congressional Committee of Brazil has retained that Binance has participated in a pyramid scheme and has been...
SEC Contend Coinbase Case Argument that Crypto Lacks’ Innate or Inherent Value’
In its argument to a federal judge, Wall Street's top cop emphasized the need to disregard a summary judgment request in its complaint. Concerning the...
Bitcoin’s Depressing Third Quarter Ranks Second Last in Returns
Over the past three months, Bitcoin has registered a drop of 11% and only beat long-term treasuries. Bitcoin (BTC) struggled a lot in the third...
DOJ Claiming Two Luxury Jets Reportedly Owned by Sam Bankman-Fried
A move by the DOJ to seize two jets worth $28M has been challenged by Island Air Capital, which claims the planes belonged to it....