Cryptocurrency Analysis and News Portal
Investigators from the Commodity Futures Trading Commission have reportedly concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the company collapsed.According to a July 5 report from Bloomberg, citing sources familiar with the matter, the attorneys from the CFTC's enforcement division found that Celsius
Read More
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.” The Treasury’s report warns that defi could threaten national security and calls
Read More
The regulatory body raised concerns that there is no proof that the transaction complies with US Securities law. A federal bankruptcy judge in the US, Michael Wiles, has given Voyager Digital the go-ahead with its modified restructuring plans, which include Binance.US buying its assets. The crypto exchange emerged as the
Read More
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits to Prevent ‘Judicial Overlap’ According to the latest decision
Read More
The demand for mortgage in the United States nosedived at the tail end of 2022 following a two-week reprieve. Mortgage demand in the US ended 2022 down 13.2%, with interest rates on the rise. Following a brief lull in the first half of December last year, mortgage application
Read More
Ripple CEO Brad Garlinghouse says that he expects the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) to come to a conclusion next year. The executive explained: “We’re seeing pretty good progress despite a slow-moving judicial process.” Ripple’s CEO Is Hopeful the SEC’s Lawsuit Over XRP Will Conclude
Read More
The UK’s Information Commissioner’s Office (ICO) and the Office of the Australian Information Commissioner (OAIC) opened a joint investigation into the personal
Read More
The Australian Border Force (ABF), Infocomm Media Development Authority of Singapore (IMDA), and Singapore Customs, along with other industry representations, have concluded a blockchain trial project analyzing the status of the countries' digital verification systems in issuing and verifying trade documents.The collaborative venture was a part of the Australia-Singapore Digital
Read More
Bitcoin price is currently flirting with prices above $60,000, as the momentum of the ongoing bull market slowly begins to push the asset above the key resistance level. The start of a breakout through resistance might have began with last night’s historic weekly close – the highest ever recorded. However, despite
Read More