US regulator fines crypto fund $150K for illicit Bitcoin loan

New issuances of stablecoin Tether (USDT) are not currently affecting the prices of either major cryptocurrencies or smaller altcoins, Bloomberg reports August 24. In the article, Bloomberg noted that the allegations that Tether has been used to manipulate or stabilize the price of Bitcoin (BTC) — previously put forward in a paper from the University…

Coinbase’s legal battle for regulatory clarity over the trading of digital crypto assets saw a development as a U.S. court responded to its complaint against the SEC. 755 Total views 10 Total shares Own this piece of history Collect this article as an NFTAccording to a May 4 announcement from Coinbase chief legal officer Paul…

In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with reserves meant for backing the stablecoin. Both companies share the same owner.Now, the crypto exchange…

Ethereum's native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines heading into Q3.ETH price breakdown underwayETH's price plunged nearly 5% this June 30 to $1,044 following a four-day losing…

Big Four auditing firm Deloitte is now allowing its staff to pay for food in the cantine using a mobile Bitcoin (BTC) wallet.English-language local news outlet Luxembourg Times reported on Sept. 17 that Deloitte is testing Bitcoin among its employees to “see how the audit giant could use the cryptocurrency.” Partner at the advisory arm of…

FDIC's acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. 257 Total views 4 Total shares Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments…

South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR.

The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.

Three months after embracing crypto, Lloyds auction house reportedly sold a legendary rally car for $360,000 in Bitcoin. 208 Total views 15 Total shares Bitcoin (BTC) adoption grows in the auction world, where privacy is a key concern. An anonymous buyer purchased a legendary rally car, driven by iconic rally figures Colin McRae and Carlos…