SEC settlement has resulted in the closure of Mango Markets
As a result of an SEC settlement, governance ballots, and legal complications resulting from a 2022 exploit, Mango Markets, a DEX based in Solana, is ceasing operations.
Solana-based…
NFT lawsuit against $2.2 million crypto scammers
Letitia James, the New York Attorney General, has filed a lawsuit alleging that a group of crypto fraudsters has fraudulently solicited at least $2.2 million from New Yorkers through phoney…
US Congressman reveals cryptocurrency trading
The most recent member of Congress to disclose their investment in digital assets is United States House Representative Guy Reschenthaler.
According to disclosures that were recently…
Crypto Entrepreneur Found Guilty to $9M Wire Fraud
Travis Ford, the co-founder and chief trader of Wolf Capital, has entered a plea of guilty to charges of wire fraud conspiracy. He was responsible for the orchestration of a scheme that…
David Sacks will be the host of the inaugural crypto ball in Washington, DC
David Sacks, the Crypto Czar, will be the presenter of the prestigious Crypto Ball in Washington, DC this year. The exclusive event includes $100K VIP tickets and $1M private dinners with…
Kraken Commences FTX Payouts as Creditors Expect Resolution
Kraken has initiated the distribution of funds to creditors of the failed cryptocurrency exchange FTX, which is a critical step in the process of mitigating the consequences of its 2022…
United States State suggests that Bitcoin and gold function as reserve assets
New Hampshire is currently investigating an unusual approach to the management of state reserves. A proposed measure would enable the treasury to incorporate Bitcoin and precious metals such…
German policymakers are at work developing an innovative strategy to the adoption of Bitcoin
New proposals from senior officials in Germany aim to extract additional benefits from Bitcoin.
Germany's policymakers are currently evaluating the necessary options to adopt Bitcoin…
Bybit suspends Indian trade due to regulatory concerns
Bybit will cease all user functionalities, with the sole exception of withdrawals for all merchants from India, effective January 12.
Bybit has announced that it has discontinued all…
UK Treasury relaxes “collective investment scheme” requirements for crypto staking
The UK Treasury has declared that the proof-of-stake mechanisms that underpin specific blockchains, including Ethereum and Solana, will not be classified as collective investment schemes…