LDO Soars as Armstrong Hints at Potential SEC Crackdown on Crypto Staking
The value of the Lido DAO governance token, LDO, has seen a surge in response to comments made by Coinbase CEO Brian Armstrong about a...
Search Results for: Securities and Exchange Commission
Coinbase Cleared of Legal Trouble as US Judge Dismisses Customer Lawsuit
Coinbase, a leading cryptocurrency exchange, has been cleared of legal trouble after U.S. District Judge Paul Engelmayer dismissed a customer lawsuit with prejudice. Legal action was...
Is Sam Bankman-Fried the Culprit of the Ultimate FTX Collapse?
Only one month had passed when Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, filed for bankruptcy on behalf of his company and Alameda...
Brazil’s President Signs Crypto Bill Regulating Bitcoin (BTC) Payment
The Brazilian Senate and Chamber of Deputies recently enacted a complete crypto regulation bill, and on Thursday, President Jair Bolsonaro signed it into law without...
FTX Files for Dissolution of Four Independently Operated Subsidiaries
The collapsed cryptocurrency exchange FTX filed a fresh request in Delaware Bankruptcy Court to allow bidding proceedings for four of the firm’s independent solvent companies....
Criminal Proceedings Against FTX are now being investigated in the Bahamas
The Bahamas authorities are looking into FTX after the company declared Chapter 11 bankruptcy in the United States on Friday. The Royal Bahamas Police Force...
The Tesla Motors Company Continued to Hold $218 Million in Bitcoin in Q3
According to Elon Musk, the billionaire businessman who owns Tesla, the company’s third-quarter results report revealed that Bitcoin stockpiles had not been altered and that...
A US Federal Investigation Is Reportedly Underway Against Celsius Network
Celsius Network, an insolvent cryptocurrency lender, is now being investigated by federal authorities in the United States for suspected operational issues. Celsius Network Reportedly Faces...
As Scrutiny Intensifies, California Cracks Down on Cryptocurrency Scams
As part of its efforts to enforce California securities laws, California’s Department of Financial Protection and Innovation has released desist and refrain orders against 11...
A Fed Hike Sends Bitcoin to Its Lowest Level Since 2020
With a wave of monetary tightening sweeping from Europe to the US this week, cryptocurrencies plunged on Monday, with Bitcoin nearing its lowest level since...