Business

South Korea: Authorities accuse Do Kwon of manipulating Luna tokens’ price
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8 November, 2022

South Korea: Authorities accuse Do Kwon of manipulating Luna tokens’ price

The prosecutors say that the evidence was gleaned from a “messenger conversation” between Do Kwon and an ex-employee of Terraform...
US regulators crack down on Slotie metaverse casino
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8 November, 2022

US regulators crack down on Slotie metaverse casino

Slotie allegedly sold over 10,000 NFTs to investors, claiming this entitles them to a share of the profits, despite not...
Canada to review state of digital assets, stablecoins, CBDC in new budget
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7 November, 2022

Canada to review state of digital assets, stablecoins, CBDC in new budget

The government plans to speak with digital asset service providers, institutional and retail investors, and other government agencies to chart...
Coinbase surviving on USDC interest as YTD losses top $2 billion
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7 November, 2022

Coinbase surviving on USDC interest as YTD losses top $2 billion

The lone bright spot on Coinbase’s subscription and services chart was interest income, which shot up 213% to $101.8 million,...
US SEC cracks down on $295M BTC Ponzi scheme Trade Coin Club
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7 November, 2022

US SEC cracks down on $295M BTC Ponzi scheme Trade Coin Club

Trade Coin Club claimed to be using a proprietary trading bot and raised 82,000 BTC worth $295 million at the...
Bank of Canada executive director: No ‘blanket supervisory approach’ on digital payment providers
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7 November, 2022

Bank of Canada executive director: No ‘blanket supervisory approach’ on digital payment providers

Instead of a blanket supervisory approach, the Bank of Canada will impose regulations centered on end-user impacts and providing efficient...