End the Tetheral Reserve?
If Tether collapses, majority of global liquidity will go with it, and so will a sizable chunk of value held in equity around the blockchain economy.
If Tether collapses, majority of global liquidity will go with it, and so will a sizable chunk of value held in equity around the blockchain economy.
Robinhood is scheduled to report its Q1 financials on May 8, and the analyst call may reveal further details regarding the company's SEC's issues.
Figures released on May 2 show Coinbase generated revenue of nearly $1.6 billion in the three months, more than twice the sum generated in the same quarter last year.
Tether claimed to have generated a profit of over $4.5 billion in the first three months of 2024, but while its gains seemed rosy, the USDT issuer still couldn't get a break from its alleged criminal ties.
Roger Ver’s arrest by U.S. authorities on tax evasion charges could signal a turning point in the digital asset sector’s history as ‘crypto’ crooks turn on each other to save their own skins.
A former Block employee had met with prosecutors at the U.S. Attorney’s Office for the Southern District of New York regarding 'compliance lapses’ at Block’s Square and Cash App divisions.
Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3 billion in disgorgement and civil penalties, arguing for substantially reduced fines.
The focus of the investigation starts with Roger Ver’s acquisition of thousands of BTC tokens, a process that began in 2011 through two Ver-controlled California-based companies: MemoryDealers.com Inc. and Agilestar.com Inc.
Last November, CZ and Binance reached a $4.3 billion settlement with the DoJ based on the exchange’s blatant violations of U.S. law that enabled money laundering, sanctions evasion and terrorist financing to a degree unmatched by other digital asset exchanges.
The U.S. Department of Justice has filed a sentencing memorandum with the U.S. District Court for the Western District of Washington ahead of Changpeng Zhao’s sentencing by Judge Richard Jones on April 30.
Tornado Cash co-founder Roman Storm argues there had been no conspiracy to launder stolen cash and that he has no role in criminals using the coin mixing service—arguments that the DOJ quashed.
If the Payment Stablecoin Act passed and applicable bank regulations followed, it would open the door for America's biggest banks to get involved in stablecoins.