Consumer protection watchdog warns about Tether's reserves

Mike Novogratz, CEO of crypto investment firm Galaxy Digital Capital Management, has again corrected his Bitcoin (BTC) price forecast. The billionaire investor said he doesn’t expect BTC to break the $9,000 barrier in 2018, CNBC confirmed Wednesday, October 3.Novogratz, a former Wall Street manager, took part in Economist Finance Disrupted conference in New York on…

The department previously targeted individuals connected to Tornado Cash, but its reported actions on mixers followed concerns suggesting Hamas was financed in part by crypto. 238 Total views 1 Total shares The United States Treasury Department is reportedly planning to expand its sanctions to designate cryptocurrency mixers as money-laundering hubs following Hamas’ attack on Israel.According

Ethereum’s transition to proof-of-stake continues, with the first mainnet upgrade of Beacon Chain scheduled for late October. 1103 Total views 39 Total shares The Ethereum network’s long-planned upgrade to a scalable, proof-of-stake consensus model grows closer as developers set a date for the Altair upgrade. Altair, which is described as the first mainnet upgrade to the…

The U.S. Federal Reserve Board has finalized tiered guidelines for granting Federal Reserve accounts, with Wyoming’s crypto banks likely to fall under the most scrutiny. 324 Total views 4 Total shares The United States Federal Reserve Board announced Monday that it had finalized its guidelines for the factors reserve banks are to consider when reviewing…

The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history. 

Crypto.com partners with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting in the UAE.

Chinese e-commerce giant Alibaba has registered a blockchain-based system patent in Brazil under the category of "insurance," "financial business" and "monetary business,” according to the March 10th edition of the Industrial Property Magazine (NPI).As reported by the NPI, the name of the mechanism is “Ant Unicorn.”Regarding the financial solution, the patent covers real estate services, credit…

Mt. Gox’s infamous 2014 security breach — which lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending, decade-long pursuit of closure via funds reimbursement.Over the years, Mt. Gox has repeatedly postponed plans to reimburse the funds that the crypto exchange had barred its users from withdrawing since