Title: Growing Concerns Over SIM Swap Fraud Highlight Regulatory Challenges for Cryptocurrency Companies Introduction: The recent unsealing of an indictment by the Justice Department has shed light on the issue of SIM swap fraud, which has become a growing concern for both …
FTX, the defunct cryptocurrency exchange owned by Sam Bankman-Fried, is planning to sell its subsidiary, Digital Custody Inc. (DCI), to CoinList for a significantly reduced price. The sale comes just months after FTX purchased DCI for $10 million in August 2022, before …
Argentina, a country grappling with a severe economic crisis and a plunging peso, has emerged as the leader in stablecoin purchases and holdings in Latin America over the past six months, according to a report by Mexican-founded crypto exchange Bitso. The nation …
The second week of the highly anticipated trial to determine whether Australian computer scientist Craig Wright invented Bitcoin commenced on Monday in a U.K. high court. During his cross-examination, Wright continued to shift blame onto various individuals and entities for inconsistencies in …
is using the imagery of hardcore Bitcoiners, specifically the laser eyes, on social media. It seems that this is a reference to the “Dark Brandon” meme that Democratic campaigners are trying to promote. The meme originated during a NASCAR race in October …
Franklin Templeton, a prominent asset manager, has applied for a spot Ethereum exchange-traded fund (ETF), according to a filing with the Securities and Exchange Commission (SEC). This move comes as several other major players in the financial industry, including BlackRock, Fidelity, Ark …
highlighting its intention to regulate the industry rather than completely stifle it. The concern arises from the lack of clarity in the rule-making process and the potential impact it may have on the decentralized finance (DeFi) industry. The recently passed rule by …
Bitcoin (BTC) broke above $44,000 for the first time since January 12, following the debut of the spot exchange-traded funds (ETF). The surge in price was attributed to increased accumulation by large holders and new all-time highs in US equity indices. BTC …
Bakkt, a cryptocurrency custody and trading platform, has issued a warning in a filing with the U.S. Securities and Exchange Commission (SEC) stating that it may not have enough cash to continue operating. The company, which was launched in 2018 with the …
Derivatives giant Chicago Mercantile Exchange (CME) experienced a significant surge in trading volume in January, reaching its highest level in three years. The increase in trading volume came as the United States Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds …