Fed hits Texas bank with cease and desist over servicing crypto firms

ASIC had previously suspended FTX's license to operate in Australia, now the securities regulator has canceled it entirely. 49 Total views 2 Total shares The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange's local subsidiary — effective July 14. On July 19, the Australian Securities and…

A Biblical message was unearthed in block number 666,666 of the Bitcoin blockchain: "Do not be overcome by evil..." 3904 Total views 30 Total shares A hidden Biblical message has been found embedded in a transaction in block number 666,666 of the Bitcoin (BTC) blockchain. The message is a quotation from the sixth book in…

Ethereum (ETH) co-founder Vitalik Buterin does not believe that the popular stock-to-flow model is useful for predicting the Bitcoin (BTC) price.In a Twitter debate on Feb. 27, Buterin became the second well-known figure to criticize stock-to-flow, which calls for BTC/USD to trade at an average $100,000 between 2021 and 2024.Buterin: stock-to-flow forecasts “part of the…

Regulated decentralized finance that combines permissioned layer-two protocols and a public blockchain network could be the future of fintech. 3814 Total views 24 Total shares John Whelan, the head of Banco Santander’s blockchain lab in Madrid, recently touted the potential for increased decentralized ledger technology adoption in mainstream finance.Speaking during a webinar organized by Fintech…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

Kraken CEO admitted that the firm could be forced to freeze some wallets by police, advising to move crypto out of exchanges. 85 Total views 1 Total shares Global cryptocurrency enthusiasts have expressed concerns over Canadian authorities freezing bank accounts and crypto wallets involved in funding local COVID-19 protests.On Thursday, Ontario Superior Court Justice Calum…

Sunday, Dec. 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) is breached the $7,400 mark again. Tezos (XTZ) is the only cryptocurrency among the top-20 that is seeing losses.Market visualization courtesy of Coin360Bitcoin price is currently up by 3.36% on the day,…

Scientists built a DNA computer capable of playing chess.

Pending a review of a motion filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing. 69 Total views 1 Total shares Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with