CRYPTO BUSINESS

Gemini, in a most recent update, expressed its willingness to work with Genesis in its restructuring plan without the participation of the crypto lender's parent company DCG.

The current Shiba Inu pattern is evocative of the price action the community witnessed between May and September 2021, which resulted in a meteoric surge of its price to 1,200%.

The image seemingly reminded the public of the 9/11 attacks, which affected investors' confidence and caused immediate panic selling.

The Malaysian Securities Commission has informed its investors that Huobi Global has been operating in the country despite it not being registered with the regulatory body since last year.

A known Amicus Curiae in the ongoing Ripple lawsuit highlighted a footnote and reply briefs submitted in the court by the SEC, one of which clearly highlights that XRP failed the Howey Analysis.

With the continuous significant developments taking place in Shibarium, whales have started accumulating massive quantities of Shiba Inu tokens.

Speculations are rife that the withdrawals could be in preparation for Kwon's bail.

This latest legal development is the first formal action from the new FTX administration against the former executives and management of the crypto empire.

The prosecutors' appeal prevents the defendants from getting released and they will be in custody until the country's magistrate decides to approve or reject the plea.

"I'm sure everybody wishes that something better had happened," U.S. Bankruptcy Judge Michael Wiles said, adding, "We are where we are, we're trying to do the best with where we are."

A federal judge said SEC can't seal the documents tied to former director William Hinman's speech.

Capitalizing on the popularity of ChatGPT and the emerging industry of cryptocurrency, it was announced a few days ago that Altman's Worldcoin crypto project is nearing $100 million in funding.

MicroStrategy is not a cryptocurrency or a Bitcoin firm, but it is the world's largest institutional Bitcoin holder and its bullish stance on the crypto asset despite heavy criticisms has yielded massive returns.

After repeated calls for Congress to intervene, the U.S. House Committee on Financial Services recently burned the SEC chair and the entire agency for failing to provide responses to inquiries from crypto entities.

These exchanges were supposedly used by the lawmaker to open digital wallets, and the raids earlier this week led to the confiscation of the CEXs' transaction records, a local media reported.

With the new CEO taking the helm of the social media platform, Elon Musk will reportedly "transition to being exec chair & CTO, overseeing product, software & sysops."

The exchange said it had high hopes for the Canadian blockchain industry and promised it will "someday return to the market when Canadian users once again have the freedom to access a broader suite of digital assets."

"Clients will receive a release from BlockFi for any clawback claims that could be brought against them, including for transfers made prior to the Platform Pause on November 10, 2022," BlockFi said.

"I will not hide, I agree to security measures, I will show up when requested," Kwon, looking grim told the Montenegrin court in English during his first hearing.

Executives at Binance.US may have been exploring strategies to offload CZ's stake in the company over worry that the exchange might not be able to obtain regulatory licenses as long as Zhao is the crypto exchange's majority owner.

The Chamber of Commerce criticized the financial regulator for its "continued refusal" to address Coinbase's request for more clarity about crypto assets.

The memo was circulated among Democrat committee members prior to the joint meeting between several U.S. House Committees, including House Financial Services Committee and House Agriculture Committee.

PayPal treats its crypto assets as a "safeguarding liability" because of the "unique risk associated" with it.

Sam Bankman-Fried's lawyers argued that six charges filed against him are "too vague" and have "legal flaws."

Hong Kong has had very tight cryptocurrency regulations over the past few years, but these have reportedly been reduced to a much lower, "reasonable and sustainable level.

Shaquille O'Neal and his legal team alleged that the way he was served with court papers was "inadequate," and asked the judge to dismiss the lawsuit against him.

The U.S. SEC filed charges against Bittrex and its former CEO Bill Shihara on April 17.

"With the SEC, we... will have spent $200 million defending ourselves against a lawsuit, which from its very beginning... doesn't make a lot of sense," Ripple's CEO said.

Brian Armstrong said "Coinbase is not going to relocate overseas," assuring its US-based customers the exchange will always have a presence in the nation.