Department of Justice Charges Three Perpetrators of $10M Crypto Laundering Scheme
The US Department of Justice (DoJ) announced charges against three men behind a $10 million crypto laundering scheme. The alleged scammers are alleged to initiate...
Singapore to Launch Live CBDC Trial for Wholesale Interbank Settlements
Singapore has continued to introduce new cryptocurrency-related regulations. The state has recently announced the pilot phase for Central Bank Digital Currencies (CBDCs). The CBDC project...
Discord Confirm Plans to Deactivate Clyde AI Chatbot on December 1
A recent post on Thursday, November 16, from gaming communications company Discord confirmed the plans to deactivate the Clyde artificial intelligence (AI) beta on December...
JPMorgan’s Blockchain Platform Introduces Programmable Payment Option
JPMorgan has introduced a private blockchain network called JPM Coin to facilitate commercial payments. The firm has now added a programmable payment option for its...
CFTC Chair Laments Absence of Authority to Avert FTX-Like Collapse in Crypto Markets
The Commodity Futures Trading Commission (CFTC) chair Rostin Behnam decried the Congress's delay to empower the agency with supervisory power over digital assets markets. The...
US Legislators Introduce CLARITY Act to Restrict Federal Dealings with Chinese Blockchain Companies
Legislators in the USA have introduced the CLARITY Act to limit involvement with China-based blockchain projects. The Act contains regulatory guidelines that restrict the exposure...
Crypto Industry Weighs on FDIC’s Sexism and Strip Club Misconduct
As the FDIC prepares to appear before the Senate tomorrow, some industry leaders are questioning who will benefit from the row. A newspaper report published...
CME Outshines Binance in Bitcoin Futures Trading
Investors are talking about a flippening event as Bitcoin futures open interest on CME outbids Binance. Chicago Mercantile Exchange (CME) now has the largest portion...
ProShares Introduces Short Ether-linked ETF
ProShares introduced the first Bitcoin-linked ETF in the United States. The ETF was listed at NYSE under ticker BITO backed by Bitcoin futures. The company...
Ethereum Layer-2 Optimism Taps Ex-Polygon Studios CEO Ryan Wyatt
Optimism Unlimited has, on its Monday, November 13, unveiled former Polygon Studios chief executive Ryan Wyatt. Wyatt joins the Ethereum layer-2 scaling network four months...