The Financial Stability Board (FSB), a financial regulator supported by the Bank for International Settlements (BIS), is advocating for worldwide regulations for decentralized finance (DeFi) and has published a report on the risks it poses to financial stability. The...
The Cardano Foundation has elected Andreas Pletscher as its new Chief Operating Officer (COO) and Nicolas Jacquemart as its new Chief Legal Officer (CLO). Andreas shared the news on his LinkedIn account today. Frederik Gregaard, the CEO of the...
In a letter to Judge Kaplan of the United States District Court for the Southern District of New York, U.S. Attorney Damian Williams and his prosecution team yesterday requested that Sam Bankman- Fried (SBF) be subject to further restrictions....
Binance, the world’s largest cryptocurrency exchange, is getting ready to pay fines and penalties to resolve pending regulatory and law enforcement probes into its operations in the United States. Patrick Hillmann, Binance's Chief Strategy Officer, stated that the company...
Wyoming legislators have approved a proposal that forbids the state's courts from ordering residents to reveal the private keys to digital assets. This regulation will take effect from July 1 if the state's governor, Mark Gordon, signs the proposal...
Avraham Eisenberg, the purported exploiter of the Mango Markets decentralized finance system, is fighting to keep his share of the cryptocurrency earned through his self-described highly successful trading method. On February 15, Eisenberg's legal representatives filed a motion in...
This morning, bankrupt crypto lender Celsius Network submitted a filing to a United States bankruptcy court this morning declaring its sales plan to NovaWulf Digital Management. After receiving nine bids from 130 interested parties, Celsius chose NovaWulf because the...
According to a report published by local media on February 15, Korean financial regulators are investigating the market for cryptocurrency staking services. This is due to concerns within the crypto community about the potential effects of the recent court...
Data from CoinDance shows that the volume of bitcoin transactions in Argentina is on the rise, having increased steadily since Q1 2022, with each quarter higher than the previous. In Q4 of 2022, almost 34.5 million Argentine pesos were...
Binance and Huobi, two cryptocurrency exchanges, suspended accounts associated with the $100 million Harmony Horizon bridge attack on June 24, 2022. These trading platforms have frozen over $1.4 million worth of cryptocurrency from accounts linked to the infamous Lazarus...
