US gov’t cites Caroline Ellison’s ‘extraordinary cooperation’ before sentencing

The U.K. Financial Conduct Authority (FCA) has warned investors about a so-called “clone’ company of investment firm Fair Oaks Capital Ltd., in a statement published Aug. 7. Clone firms are companies that carry out business activities under the pretense that they are a firm registered by the FCA. Almost all legal entities involved in financial…

The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation. 297 Total views 28 Total shares The superintendent of the New York Department of Financial Services (DFS) joined a nationwide regulatory discussion in the aftermath of the FTX collapse with a fresh take. Adrienne…

Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead.Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and multiple altcoins saw their prices…

America’s central bank has been stress-testing retail banks in the wake of several high-profile banking collapses earlier this year. 337 Total views 1 Total shares The American central bank has determined that all 23 of the country’s largest banks would be able to survive a severe recession following its “stress tests.”The report issued on June…

Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle. 681 Total views 9 Total shares Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOne day, $860…

The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox.

The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from Zcash, the organization announced on Dec. 3.As described by Open Privacy, Cwtch is a platform for…

Now only allowing users from 18, Meta also wants to open up its metaverse app Horizon Worlds to users aged 13 and 17. 98 Total views 17 Total shares Own this piece of history Collect this article as an NFTAdvocacy organizations and safety groups have urged Mark Zuckerberg’s social media giant Meta to halt plans…

Developers have suggested changing Solana’s current data transfer protocol UDP to QUIC, stake-weighted transaction processing and a fee-based transaction priority. 293 Total views 4 Total shares The Solana network faced its seventh outage on Saturday, resulting in a downtime of over seven hours. The developer team has come out with an outage report, along with three…