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Business

‘Dogecoin pyramid scheme’ promotion lands Elon Musk in $258B lawsuit
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20 June, 2022

‘Dogecoin pyramid scheme’ promotion lands Elon Musk in $258B lawsuit

A Dogecoin investor has sued the Tesla and SpaceX boss, alleging that Elon Musk engaged in a pyramid scheme by...
‘Crypto Mom’ Hester Peirce slams SEC for regulatory ambiguity, supports spot ETF
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20 June, 2022

‘Crypto Mom’ Hester Peirce slams SEC for regulatory ambiguity, supports spot ETF

In a recent speech, Hester Peirce claimed that the SEC has refused to engage with the Bitcoin industry and said...
Celsius Network being pursued by regulators in 5 US states over withdrawal freeze
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20 June, 2022

Celsius Network being pursued by regulators in 5 US states over withdrawal freeze

Celsius Network claimed that the freeze was in the interest of its customers, but regulators in Texas, Kentucky, New Jersey,...
Is Three Arrows Capital insolvent?
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20 June, 2022

Is Three Arrows Capital insolvent?

Three Arrows Capital fails to meet margin calls, and as a result, some of its lenders have began liquidated the...
UAE and India will cooperate on emerging technologies like blockchain in new trade deal, says Dubai Chamber official
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20 June, 2022

UAE and India will cooperate on emerging technologies like blockchain in new trade deal, says Dubai Chamber official

Omar Khan, the body's Director of International Offices, disclosed that the deal's focus areas would be blockchain technology and innovation-focused...
Digital euro issuance would be capped at €1.5T, ECB’s Fabio Panetta says
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20 June, 2022

Digital euro issuance would be capped at €1.5T, ECB’s Fabio Panetta says

Fabio Panetta says that this would limit the risk of disintermediation of the banking system should the majority of people...
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