The TradFi Forex model is incredible but aging, and we have a chance to fix the system by leveraging what DeFi is capable of doing best.
The U.S. Securities and Exchange Commission is probing registered investment advisers over whether they are meeting rules around custody of client crypto assets, three sources with knowledge of the inquiry told Reuters.
The FBI and Department of Justice announced the seizure of a website used by infamous ransomware group "Hive".
FTX has objected to a U.S. Department of Justice request for an independent investigation into the once-prominent crypto exchange's collapse, saying it is already conducting a wide-ranging probe that includes family members of FTX founder Sam Bankman-Fried.FTX said in a court filing in Wilmington, Delaware, late on Wednesday that the DOJ's proposed review would only add cost and delay to its bankruptcy case.
Kwasteniet, Celsius' lawyer, told US Bankruptcy Judge Martin Glenn that the bankrupt crypto lender has been talking with its creditor groups on how to create a new company and launch a new token to creditors as part of its payout plan.
The money was seized from a little-known bank named Farmington State Bank, which is located in rural Washington state, court filings revealed.
"SEC threatened to bankrupt an American entrepreneur before filing enforcement action and then proceeded to do so after filing the case. In a case that did not involve fraud or misrepresentation," Deaton claimed.
"It's very early days, but we continue to believe that stablecoins and central bank digital currencies have the potential to play a meaningful role in the payments space, and we have a number of initiatives underway," Visa CEO Kelly revealed.
One of the founders of the hedge fund who used to work at Jane Street, is believed to be Sam Bankman-Frid ex-lover .
"Our holders have spoken. We're going to cut our supply and stop the mint to move forward with creating the best experience for an exclusive community," Porsche said in a tweet.
BlockFi lawyers previously said that the crypto lender's exposure to Alameda Research was valued at $671 million and an additional $355 million digital assets frozen in FTX.
The lawsuit was filed by Connecticut-based law firm Silver Golub & Teitell against Silbert and DCG "on behalf of individuals and entities who entered into digital asset lending agreements with Genesis Global Capital, LLC."
The latest patch, which was dropped on Jan. 19, came with a changelog to the game's 1.1.6 version.
The issue between CZ and Sam Bankman-Fried dates back to November when the Binance CEO announced his exchange would slash all of its FTT tokens.
The said house was used by Bankman-Fried's lobbying team as a headquarters at the time when his political influence in Washington started growing.
The sudden surge in the price of FTX's native token FTT baffled many investors since FTX filed for bankruptcy in November 2022.
The report revealed that based on a court filing, U.S. prosecutors seized $700 million in assets from Bankman-Fried this month, mainly in the form of Robinhood stock.
The recent achievement, alongside its active community and use cases, could position the meme coin as a viable financial instrument.
Since the start of the new year, Bitcoin showcased an impressive price rally soaring from its previous price of below $17,000 to around $23,000 these days.
The Shiba Inu coin saw an uptrend since the start of this year, with investors placing their bets in the dog-themed altcoin to make a profit in anticipation of Shibarium's launch.
A lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency lender had some confidence it could resolve its disputes with creditors this week, with a goal of emerging from Chapter 11 by late May.
The U.S. Supreme Court on Monday threw out a case about the scope of attorney-client privilege involving a law firm's bid to withhold records from prosecutors related to a cryptocurrency-promoting client in a tax investigation.
New York's chief financial regulator is set to release new guidance on Monday dictating that companies separate customers' crypto assets from their own, after alleged co-mingling of funds at collapsed crypto exchange FTX and its affiliated trading firm Alameda Research led to billions of dollars in losses for customers.
Aside from the poll, various social media influencers, content creators, developers and key personalities within the Shiba Inu ecosystem also pledged their support to Kusama.
Amid the FUD (Fear, Uncertainty, Doubt), Kusama thanked everyone and encouraged the Shib Army to move forward as a decentralized unit with Shibarium reorganization and strategy.
"Coinbase with its crypto platform and Borussia Dortmund in the sporting arena both stand for trust and responsibility," Daniel Seifert said.
Market intelligence platform Santiment, in a report last week, identified nine undervalued crypto assets in terms of short-term and long-term returns.
"Recently, the Bankman-Frieds had a security incident at their home when a black car drove into the metal barricade set up outside their home," SBF's lawyer said.
"I believe Bitcoin will outcompete all fiat currencies. But Bitcoin can, at the same time, live side by side with fiat," Prince Philip said.
"When this finally breaks through, we'll see a glorious god candle to $30,000," the crypto strategist said.
