Tuesday, April 22, 2025
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SEC will conduct investor education events including ‘cautious’ approach to crypto

The United States Securities and Exchange Commission has announced a series of educational events targeting underrepresented communities and others — but suggested participants would be taught to “exercise caution” on crypto.In an April 3 announcement, the SEC said it will reach out to groups including high school students, members of

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Japan Regulator Flags Four Crypto Exchanges Including Bybit for Operating Without Registration

The notice said the exchanges were in violation of the country's fund settlement laws at the time of issuing the warning letter by "conducting crypto asset exchange business without registration." The regulator also said the list of unregistered traders "does not necessarily indicate the current state of unregistered business." Source

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FDIC reportedly places SVB funds, including customer deposits, under receivership 

A fortnight after the newly appointed Silicon Valley Bank (SVB) chief executive officer (CEO) cheered customers to return funds to the bank, the Federal Deposit Insurance Corporation (FDIC) has reportedly sent emails informing customers that their funds were in receivership.  Mayopolous woos depositors  Developments emanating from the embattled SVB, after Mayopolous’ advice, have

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SBF Pleads Not Guilty to Additional Charges, Including Bribing Chinese Government Official

On Thursday, embattled ex-FTX CEO SBF pled not guilty to the latest federal charges, which he also does not acknowledge.  Disgraced former FTX CEO Sam Bankman-Fried (SBF) recently pled not guilty to five additional federal fraud and bribery charges. SBF appeared in a New York federal court on Thursday to plead not guilty to the

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Chinese Businessman With Ties to Steve Bannon Arrested, Charged With Fraud, Including $500M Crypto Scam

“[Guo] is charged with lining his pockets with the money he stole, including buying himself, and his close relatives, a 50,000 square foot mansion, a $3.5 million Ferrari, and even two $36,000 mattresses, and financing a $37 million luxury yacht,” U.S. Attorney for the Southern District of New York Damian

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Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer

Contagion from the Dec. 12 flash loan attack against Euler has spread far and wide, resulting in frozen or lost funds for 11 different decentralized finance (DeFi) protocols, according to Dec. 13 reports from each of them on Twitter. Balancer, an Ethereum protocol with over $1 billion total value locked

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Host of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank

Coinbase (COIN) is no longer using Silvergate to facilitate dollar payments for its institutional customers and will now use Signature Bank (SBNY) for payments, the exchange said Thursday. Coinbase said it switched from Silvergate “out of an abundance of caution" in a tweet, adding that it has minimal exposure to

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IMF exec board endorses crypto policy framework, including no crypto as legal tender

The executive board of the International Monetary Fund (IMF) has assessed a paper on crypto asset policy published by the fund and expressed its agreement with its proposed policy framework. The paper, titled “Elements of Effective Policies for Crypto Assets,” developed a framework of nine policy principles that addressed macrofinancial, legal

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