The Bank of England (BOE) recently disclosed that a significant majority of public feedback concerning the proposed digital pound centers around privacy and fiat scarcity. Jon Cunliffe, the bank’s Deputy Governor, laid bare these concerns…
Sam Bankman-Fried, the once-renowned co-founder of FTX, now faces a challenging trial as he confronts a barrage of federal charges. Bankman-Fried, who was once hailed as a generous philanthropist and a key figure in the cryptocurrency…
Binance UK’s CEO, Jonathan Farnell, has stepped down from his role, leaving the cryptocurrency exchange giant facing an uncertain future in the United Kingdom. The catalyst for Farnell’s departure was the increasing compliance burden…
In the ever-evolving landscape of cryptocurrency investments, two heavyweight institutions, Grayscale and BlackRock, have recently celebrated significant milestones in their journey towards launching Bitcoin exchange-traded funds (ETFs).…
Binance, the world’s largest cryptocurrency trading platform, is discontinuing its Visa debit card services in the European Economic Area (EEA). This decision, set to take effect on December 20, 2023, comes in the wake of regulatory…
FTX failed to secure crucial funding from big names like Google and BlackRock amid its downfall and ongoing legal battles.
Google and BlackRock once considered "saving" FTX when the exchange collapsedAccording to evidence presented in a…
In a bold move aimed at rebuilding trust among its European customer base, Binance has recently formed new alliances with fiat partners, with the primary goal of reinstating Euro withdrawals and deposits. This strategic development comes…
In the ongoing legal battle surrounding Terraform Labs and its co-founder Do Kwon, fresh evidence has emerged shedding light on the role of Jump Trading in the collapse of the TerraUSD (UST) stablecoin. This development comes as the defense…
Tesla, the giant in automotive and clean energy sectors, confirmed today that it remained hands-off on its Bitcoin investment for the third consecutive quarter. According to the Q3 2023 report, the company neither bought nor sold any of its…
Reddit, one of the world’s largest social media platforms, has made the difficult decision to discontinue its blockchain-based rewards program known as Community Points. Launched in 2020, this initiative aimed to reward active participation…
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