Block Earner, a fintech company in Australia, has been sued by the ASIC (Australian Securities and Investments Commission) for selling unlicensed cryptocurrency investment products. On November 23, ASIC issued a statement saying it had initiated legal proceedings against the...
Avraham Eisenberg, the trader behind the Mango Market hack, has failed in his attempt to exploit Aave. He tried to manipulate Aave's lending policy by borrowing $40 million in CRV tokens and selling them off, causing the token's price...
Consumers are legitimately worried about the financial status of firms and businesses in the aftermath of the collapse of FTX. Changpeng Zhao, CEO of Binance, shared advice with other centralized exchanges on how to maintain a healthy company and...
Government officials and regulators in the United States have begun to schedule hearings to investigate the causes of FTX's unexpected collapse. This comes at a time when the crypto industry is starting to return to normalcy following the FTX...
The Monetary Authority of Singapore (MAS) has claimed in a statement that it warned its citizens about Binance Global Inc. because Binance was actively soliciting users when it was newly registered in the country but failed to warn everyone...
On Tuesday, New York Governor Kathy Hochul signed a law banning specific cryptocurrency mining operations that use carbon-based energy sources. A Proof-of-Work (PoW) mining firm will not be permitted to expand, renew permits, or allow new firms to start...
InterContinental Hotels & Resorts, in partnership with British modern artist Claire Luxton, has unveiled its first collection of ten unique non-fungible tokens (NFTs) linked to luxurious travel benefits. Each of the 10 NFTs, according to InterContinental, includes artwork specially...
CoinSwitch, an Indian crypto exchange, has launched CoinSwitch Pro, a multi-exchange trading platform that allows users to trade crypto assets in Indian rupees across multiple exchanges using a single login. The platform is supposedly KYC-compliant. 🎊 𝙇𝘼𝙐𝙉𝘾𝙃𝙄𝙉𝙂 𝘾𝙊𝙄𝙉𝙎𝙒𝙄𝙏𝘾𝙃 𝙋𝙍𝙊...
Genesis, a cryptocurrency lender, said on Monday that it has no plans to file for bankruptcy anytime soon, just days after the collapse of cryptocurrency exchange FTX forced it to suspend customer redemptions. In an email sent to Reuters,...
Kenyan legislators have initiated steps to implement cryptocurrency regulation. Yesterday, November 21st, the Capitals Law was amended. The amendments require cryptocurrency owners to provide information about transactions and activities for tax collection purposes. This development was disclosed in a...
