United States Federal Reserve Chairman Jerome Powell revealed that he and his regulators were caught off guard and unable to explain the sudden collapse of Silicon Valley Bank(SVB) earlier this month, despite being under their oversight. In a press...
Sandlot Sloths, a community based on non-fungible tokens (NFTs) centered around baseball, has teamed up with Major League Baseball's Reviving Baseball in Inner Cities (RBI) Kids Program to create a collection of 5,944 hand-drawn sloths NFTs on the Ethereum...
ZenLedger, a well-known platform for crypto tax and forensic accounting, has announced that it has successfully attained SOC 2 Type 1 compliance. This accomplishment is important for ZenLedger as it demonstrates the effectiveness of its security controls and procedures....
Brian Armstrong, CEO and co-founder of Coinbase, has criticized the lack of clarity surrounding cryptocurrency regulation in the U.S., likening the SEC to "soccer referees" in a game of pickleball. Armstrong's comments come after Coinbase received a Wells Notice...
According to reports, up to 15% of the workers at the cryptocurrency custody service, Copper, could lose their jobs as the company streamlines its operations in the wake of challenging market conditions hurting the cryptocurrency industry. The crypto bear...
On March 21, 2023, Irina Dilkinska, a former executive at OneCoin, was charged by the Department of Justice (DOJ) with one count of wire fraud and one count of conspiracy to commit money laundering. Dilkinska was extradited from Bulgaria...
The crypto community has expressed displeasure about the latest economic report released by the White House. The White House released its 2023 edition of 'Economic Report of the President' on March 20, 2023, containing the first discourse on digital...
Bitget, a cryptocurrency exchange, announced that it had gained control of the decentralized BitKeep multi-chain wallet after investing $30 million in the project. The investment deal involves merging BitKeep Wallet with Bitget's commercial domain. This move will make it...
U.S. Republican Senator Ted Cruz has introduced a bill to prevent the United States Federal Reserve from launching a central bank digital currency (CBDC) for direct-to-consumer use. Cruz explained in a statement on March 21, 2023, that he introduced...
Russia-linked cryptocurrency exchange, Bitzlato, has partially restored user access to deposited funds. On March 20, the company announced that users could withdraw up to 50% of their assets that had been previously frozen due to enforcement actions by both...
