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8 months, 1 week agoTruck Driver Turns $650 into $1.7 Million with SHIB Investment
In a remarkable turn of events, an American truck driver’s life was transformed when his $650 investment in the Shiba Inu meme token (SHIB) ballooned to $1.7 million. The driver, who remains anonymous, made the i…
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8 months, 1 week agoGenesis Global Trading Settles for $8M Over Compliance Failures
Genesis Global Trading, a subsidiary of Digital Currency Group (DCG), has agreed to a settlement with the New York Department of Financial Services (NYDFS) on January 12th. The settlement includes an $8 million…
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8 months, 1 week agoCitigroup Cuts 20,000 Jobs Following Quarterly Loss
Following a surprising quarterly loss, US banking giant Citigroup plans to cut 20,000 jobs in the medium term. CEO Jane Fraser reported a “disappointing” final quarter with a loss of $1.8 billion. She ant…
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8 months, 1 week agoBanking Compensation Battles Loom Amid Varied Revenue Performances
Marco Valla, who joined from Barclays last year, is leading a new initiative and has already made at least ten subsequent hires. The team is set to be the 12th for 2022, leaving six more spots to fill. In other…
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8 months, 1 week agoRobert Kiyosaki Forecasts Six-Figure Bitcoin Amid US ETF Approvals
Robert Kiyosaki, the author of Rich Dad Poor Dad, has made a bold prediction for Bitcoin (BTC), forecasting a six-figure price as US regulators approve a series of spot exchange-traded funds (ETF). Kiyosaki shared…
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8 months, 1 week agoSEC Approves Spot-Bitcoin ETFs Amid Controversy and Delays
For the past six months, nearly a dozen providers have been awaiting the green light from the U.S. Securities and Exchange Commission (SEC) to launch the first spot-based Bitcoin ETF. For years, the agency has…
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8 months, 1 week agoSingapore's MAS to Gain More Authority under New Financial Bill
The Monetary Authority of Singapore (MAS) is set to gain more authority under a new law currently under consideration in the country’s parliament. This law could have significant implications for crypto companies i…
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8 months, 1 week agoDo Kwon's Legal Team Seeks Trial Delay Amid Extradition Challenges
The legal proceedings involving Do Kwon, the ex-CEO of Terraform Labs, have taken a new turn. Kwon’s legal team has requested a delay in the Securities and Exchange Commission (SEC) trial. The request for p…
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8 months, 1 week agoGensler's Bitcoin ETF Approval Sparks Controversy Amid Crypto Criticism
US Securities and Exchange Commission (SEC) Chair Gary Gensler has recently approved Bitcoin ETFs, a move that has sparked controversy due to his concurrent criticism and unfounded claims against Bitcoin and the…
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8 months, 1 week agoUBS Targets US Market Following Credit Suisse Takeover
UBS, the Swiss financial giant, is making a renewed push into the lucrative US investment-banking market, more than a decade after it abandoned its ambitions of becoming a major player in the sector. This time,…
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8 months, 1 week agoEthereum Co-founder Proposes 33% Increase in Gas Limit
Vitalik Buterin, co-founder of Ethereum, has proposed a 33% increase in the gas limit to enhance network throughput. This marks the first change in Ethereum’s gas limit in three years, addressing rising gas p…
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8 months, 1 week agoGenesis Global Settles Regulatory Issues, Agrees to $8M Fine
The New York Department of Financial Services (DFS) is preparing to announce a settlement with Genesis Global, a subsidiary of the Digital Currency Group (DCG), according to a recent report by Fortune Magazine. DFS…
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8 months, 1 week agoCoinbase Partners with Yellow Card to Expand in Africa
On January 11, Coinbase, a renowned crypto exchange, announced its collaboration with Yellow Card, the first licensed Stablecoin on/off ramp on the African continent. This partnership aims to broaden the reach of…
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8 months, 1 week agoSEC Approves 11 Bitcoin ETFs, Industry Leaders Discuss Competition
The US Securities and Exchange Commission (SEC) has approved 11 Bitcoin Exchange-Traded Funds (ETFs) in a move celebrated by crypto investors. The simultaneous approval of these ETFs is intended to provide a level…
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8 months, 1 week agoBlackRock CEO Views Bitcoin as Asset Class, Not Currency
BlackRock CEO Larry Fink has expressed skepticism about the feasibility of Bitcoin as a medium for everyday transactions, insisting that it should be seen as an asset class. In a recent interview with CNBC, Fink…
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8 months, 1 week agoCrypto Analyst Forecasts Bullish Future for Solana-based Memecoin, Ethereum
A prominent cryptocurrency analyst and trader, known pseudonymously as Bluntz, has recently expressed a bullish outlook on a Solana-based memecoin, dogwifhat (WIF). Bluntz shared with his 236,100 followers on a…
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8 months, 1 week agoBitcoin Dips Below $42K Amidst GBTC Flow Concerns and Market Uncertainty
Bitcoin experienced a significant drop of 9%, falling below $42K, despite the general optimism surrounding Bitcoin ETFs. The price of Bitcoin plummeted to as low as $41,730 at 10:25 p.m. UTC on Friday, marking a…
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8 months, 1 week agoSouth Korea Upholds Crypto Restrictions Despite US Bitcoin ETF Approval
South Korea’s Financial Services Commission (FSC) has issued a statement that could significantly impact the local crypto market. The FSC has suggested that domestic securities firms’ brokering of US spot Bit…
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8 months, 1 week agoBitcoin and Top Cryptocurrencies Plunge Amid Federal Reserve Actions
Bitcoin and other top ten cryptocurrencies such as ethereum, XRP, and solana have experienced a sharp decline, despite a massive $10 trillion bitcoin price bet. This has resulted in a nearly 10% drop in bitcoin…
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8 months, 1 week agoLawmakers Call for SEC Cybersecurity Investigation Following Breach
U.S. Senators Ron Wyden and Cynthia Lummis have called for an investigation into the U.S. Securities and Exchange Commission (SEC) following a security breach. The lawmakers penned a letter to the SEC’s Inspector G…