Sorry crypto bros, Gary Gensler is right
Gary Gensler stood his ground that existing laws apply to digital assets since day one amidst criticism from the crypto bros, who lament the alleged ambiguous regulations that meddle with their operations.
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Binance inches closer to illegal monopoly status after engineering FTX blowup
Its decision to help sink FTX was merely the latest in a string of moves aimed at consolidating power within the industry, taking Binance ever closer to becoming monopolistic power.
FTX: Here we go again, as traders wonder where their money went
A few months ago, FTX CEO Sam Bankman-Fried was seen as a savior, but now some see him as a villain trying to corner the digital asset market by snapping up its failing projects at bargain prices.
Celsius CEO Alex Mashinsky withdrew $10 million prior to account freeze
Another controversy hits Celsius Network following a media outlet's exposé claiming that chief Alex Mashinsky had withdrawn $10 million from the platform before filing for bankruptcy protection.
Monero’s Riccardo ‘Fluffypony’ Spagni released from custody in South Africa
The former Monero lead maintainer was extradited to South Africa from the U.S. earlier this month to face over 370 charges of fraud against his former employer.
BlockFi scores surprise Money Services License in Iowa, but its fate hangs in the balance
BlockFi announced the new license this week, coming just a fortnight after the platform paid close to $1 million to the state’s regulator for securities violations.
Ethereum ‘stablecoin’ Bean goes from $1 to 19 cents after yet another code exploit
Ethereum-based stablecoin "Bean," from the Beanstalk Farms DeFi platform, proved not-so-stable this week as an attacker exploited code in a flash loan contract to siphon off around $182 in value.
Ethereum Forever: New protocol launch delayed once again
Leading Ethereum core developer Tim Beiko posted a response to a miner's question on Twitter last April 13, saying the upgrade date is unknown but definitely not in June.
IMF to El Salvador: Remove BTC as legal tender
The IMF says that El Salvador is at a heightened risk with its financial and market integrity, financial stability, and consumer protection, but President Nayib Bukele is unmoved.
North Korean hackers stole $400M from digital currency platforms: Chainalysis
The hackers launched at least seven attacks targeting exchanges and investment firms and laundered the money through an intricate web of DEXes and mixers.
Do Kwon says no to SEC deposition since he’s already in Montenegro jail
Do Kwon's lawyers claim that their client agreed to submit to the deposition, which was requested by the SEC to take place in October, if it would happen in Montenegro, where he is currently jailed.
3AC liquidators seeking $1.3 billion from founders: report
The liquidators from Teneo say the $1.3 billion is the figure reflecting the losses that Su Zhu and Kyle Davies racked up before Three Arrows Capital collapsed, Bloomberg reports.