Category: Crypto News
Head of Portugal Central Bank deems crypto unsustainable, calls for global regulation
Mário Centeno, the Governor of Banco de Portugal, joins a chorus of regulators, claiming that national efforts to oversee crypto wouldn’t work correct [...]
Bitcoin traders demand ‘slow grind’ up after BTC price drops over 4%
Bitcoin (BTC) traded moderately higher on Oct. 3 after giving back $1,300 of gains into the daily close.BTC/USD 1-hour chart. Source: TradingViewBitco [...]
Singapore awards major payment institution license to Sygnum Bank subsidiary
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited in [...]
Chainalysis Starts Second Round of Layoffs in a Year, Cuts 15% Workforce
"While Chainalysis continues to be well positioned for long-term success as a consistently top-performing software company, we are very focused on gro [...]
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective ma [...]
Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis
Recent crypto advancements in Hong Kong could provide a “potential tailwind” to lift crypto activity in the East Asian region, which has mainly suffer [...]
Celsius seeks court approval to start repaying customers by year-end
Embattled crypto lender Celsius Network has told a judge it plans to start paying back its customers by year’s end, amid an Oct. 2 hearing seeking app [...]
Chainalysis axes another 15% of staff citing difficult market conditions
Blockchain analytics firm Chainalysis has reduced its headcount by another 15% this week, citing the need to reduce expenses due to continued bear mar [...]
Ethereum futures ETFs garner lukewarm reception on first day of trading
The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way [...]
AI can be used in ‘every single process’ of JPMorgan’s operations, says CEO
JPMorgan CEO Jamie Dimon says artificial intelligence could be applied to “every single process” of his firm’s operations and may replace humans in ce [...]
JW Verret is tracking the money — but advocating for crypto
J.W. Verret is a Harvard-educated attorney who teaches corporate finance and accounting at George Mason University. His work has increas [...]
BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
The crypto market, especially bitcoin, has seen a sizable rally recently, influenced by factors like the SEC's ether futures ETFs approvals and other [...]
Class-action suit filed against Binance for alleged harm to FTX before its collapse
A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging variou [...]
On Eve of FTX Founder Sam Bankman-Fried’s Trial, Defense Team Scopes Out Possible Arguments
The defense wants clarity about whether it can argue that FTX, a big crypto exchange that collapsed last year, was not regulated in the U.S., though F [...]
Investors drop class-action lawsuit against Terraform Labs and Do Kwon
A group of investors behind a class-action lawsuit against Terraform Labs and its co-founder Do Kwon over fraud allegations have dropped the case. In [...]