The recent bankruptcy filing of Genesis, a cryptocurrency lending platform, has left customers of Gemini Earn, a rewards program for lending cryptocurrency, facing a potential shortfall of $485 million. Gemini Earn operates by paying rewards to customers who...
President Nayib Bukele of El Salvador has taken to Twitter to express his disappointment and frustration with "legacy international news outlets" and their failure to adequately cover his country's recent repayment of an $800 million bond debt. Bukele...
According to a research report by the renowned investment research firm Bernstein, published on Monday, the recent resurgence in the cryptocurrency market can be attributed to a phenomenon known as mean reversion. Mean reversion theory posits that asset...
The South African Advertising Regulatory Board, a self-regulatory initiative by the advertising and public relations industry, has issued new guidelines for crypto advertisements in the country. According to the guidelines, any crypto advertisement must warn potential buyers that...
The European Parliament's Economic Affairs Committee is set to vote on a cross-party compromise concerning the implementation of the remaining elements of Basel III, a worldwide agreement that requires banks to hold additional capital to withstand market fluctuations...
The blockchain industry is constantly evolving, and it is not uncommon to see fluctuations in the value of different cryptocurrencies. However, the recent performance of Layer 1 blockchain Aptos' APT tokens has been remarkable. Despite the broader crypto...
On January 19th, Robinhood, the popular online investment platform, announced the launch of its newest product - the self-custody Wallet. This innovative new iOS app is designed to provide users with a secure and convenient way to manage...
Genesis Global Holdco LLC, the parent company of the renowned cryptocurrency lender Genesis Global Capital, has recently filed for Chapter 11 bankruptcy protection. This move was prompted by the severe impact of two of the most devastating collapses...
Despite the ongoing efforts of security teams from various cryptocurrency exchanges to combat hacking attempts and protect user funds, a significant amount of money continues to flow to the sanctioned cryptocurrency mixer, Tornado Cash. This mixer, known for...
Binance, a leading cryptocurrency exchange, has been named as one of the top three counterparties associated with Bitzlato in an order issued by the Treasury's Financial Crimes Enforcement Network (FinCEN). The order was issued due to a detailed...
