Gemini agrees to a $5M penalty as part of proposed CFTC order
The proposed consent order, if approved by a judge, could allow Gemini Trust to avoid a Jan. 21 civil trial with the CFTC over alleged “false and misleading” statements.
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88% of crypto holders feel they missed out on major gains — Kraken survey
The survey highlighted that 63% of holders acknowledged emotional decisions negatively affected their digital asset portfolio
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
Hedge funds and debt investors have already purchased some of the claims. 296 Total views 23 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTInstead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their…
Italian Banca Generali to debut crypto services next year
Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider. 375 Total views 3 Total shares Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio…
Robinhood to roll out US stock trading in British market
Robinhood CEO Vladimir Tenev said in an interview with Bloomberg that the company is still focused on its global aspirations, and its U.K. expansion is one step toward that. 61 Total views 10 Total shares In another attempt to expand its business internationally, online trading platform Robinhood has announced plans to launch its stock exchange
Thai crypto investors turn to tarot cards, divine signals to predict market
Crypto and stock investors have always found interesting and sometimes bizarre ways to “predict” the market's ebbs and flows. Some have suggested that our unconscious minds can predict the stock market through “precognitive dreaming,” while others have recently been turning to the advice of artificial intelligence chatbots. However, in Thailand, there appears to be a growing group of
Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky
General counsel to Compound Labs, Jake Chervinsky, has warned that the Treasury Department wants to “capture” the DeFi sector through the crypto provisions added to the infrastructure bill. 208 Total views 84 Total shares The last-minute cryptocurrency provisions added to the U.S. infrastructure bill sought to “capture DeFi,” argues Compound’s general counsel Jake Chervinsky.Appearing on…
CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M
ZachXBT fears legal fees to defend himself in the defamation lawsuit could "easily exceed" $1 million. 327 Total views 4 Total shares Blockchain investigator ZachXBT has received over $1 million in donations in slightly more 24 hours from the crypto community to pay for his legal fees in a defamation lawsuit.ZachXBT, known for his investigative…
Dutch Central Bank Will Keep Embracing DLT, But To-Date Findings Are Not All Positive
The Netherlands' central bank will continue to experiment with blockchain, but its to-date findings are “not that positive,” according to the bank’s director of payments. Finance publication The Banker reported on the comments on May 1.Petra Hielkema, director of payments and market infrastructures at the De Nederlandsche Bank (DNB), claimed that embracing new technologies such…