Latest Market News
Signature Bank introduces Caps to reduce Crypto-tied Deposits
The bank would adopt a per-client deposit cap of at most 2% of total bank deposits which would be $2…
RBI Governor Notes the Difference between UPI and CBDC
According to RBI deputy governor T Rabi Sankar, CBDC or e-rupee can facilitate the direct transfer of funds between two…
Cardano Founder Talks About Anti-Crypto Stance in India
Cardano's co-founder stated he would love to enter the Indian market, but it seems to require someone intimately familiar with…
US Bankruptcy Judge orders Celsius to return $50M to users
Celsius Network has been ordered to return some coins that had been moved from interest-bearing accounts to custody accounts right…
Senator Cynthia Lummis Says Ether is Now a Security
After saying Ether as security, Senator Cynthia Lummis added that it’s starting to look more like bitcoin is the only…
Now only 8% of Americans Have a Positive Attitude Toward Cryptocurrency
The crypto market is shrinking, resulting in crypto collapsing, scandals, and bankruptcies. This situation brought a change in the mindset…
Hedge Fund Fir Tree sues Grayscale for Details
Hedge fund Fir Tree is suing Grayscale crypto investment firm to get details about its flagship Grayscale Bitcoin Trust.
CZ says Binance gets 90% of its Revenue from Transaction Fees
Crypto exchange Binance’s CEO Changpeng Zhao ‘CZ’ reveals that the company gets 90% of its revenue from transaction fees. Zhao…
Judge Issues Subpoenas for Three Arrows’ Su Zhu and Kyle Davies
The court order allows liquidators to order the previous management to deliver any material pertaining to Three Arrows Capital's assets…
Most Crypto should be Regulated as Securities: NYSE-ICE’s CEO
ICE CEO Jeffrey Sprecher believes that new laws are not needed to govern crypto trading but the already existing laws…
Nigeria Limits ATM Withdrawals to Promote CBDC
Nigeria is promoting their CBDC eNaira as well as online and mobile payments by limiting weekly withdrawals to $225.
Alameda Portfolio reveals its Max Exposure in Polygon, Hole
The document includes 500 investments across 10 holding companies for a total of $5.4 billion.
Ledger to Shape new Hardware Wallet with Tony Fadell
In partnership with Tony Fadell, Leger launched an updated version of Nano S known as the Ledger Stax hardware wallet.
Rep. Madison Cawthorn Faces Penalty over Crypto Promotion
On December 31, 2021, January 4, 2022, and January 17, 2022, Rep Madison Cawthorn sold almost all of his LGB…
Iran to Freeze Bank Account of Women Who refuse to Wear a Hijab
“Unveiled persons” would be sent an SMS urging them to respect the law and wear a hijab followed by two…
Bankman-Fried hires Defense Attorney as FTX probes intensify
Bankman-Fried hired defense attorney Mark Cohen to represent him while David Mills, a professor at Stanford Law School, is consulting…
Goldman Sachs to Invest in Crypto Companies after the FTX fiasco
Following the FTX fiasco Goldman Sachs is conducting due diligence on several different crypto firms to pick up business.
Standard Chartered Analyst Explains why BTC will Suffer more in 2023.
Standard Chartered, a leading international banking group considers Bitcoin's potential downside in 2023 as the cryptocurrency ecosystem faces a collapse…
UK to announce Plans for Regulation of the Crypto Sector
The collapse of FTX gave the UK government a trigger to impose an order on the crypto industry, ministers will…
ASIC Faces Criticism on how FTX Obtained License in Australia
ASIC Chairman Joe Longo stated custody control was one of FTX's major failings and the problem is different from the…
FTC probes Crypto Firms over Misleading Advertising
The US Federal Trade Commission (FTC) is probing several crypto firms for running deceptive and misleading advertisements. FTC spokeswoman Juliana…
Metallica issues Crypto Scam alert before Launch of its New Album
The legendary metal band Metallica issued a crypto scam alert right before launching its most-awaited new album, 72 seasons. The…
Nexo leaves the US due to Regulatory Hurdles
Nexo said it was difficult to comply with the "inconsistent and changing positions" of regulators in the United States.
Stablecoin issuer Circle Terminates its SPAC Merger
Circle CEO Jeremy Allaire explained that SEC had not granted the approval to move forward with the SPAC plans.
Maxine Waters Urges SBF to Attend the December 13 Hearing
Maxine Waters tweeted that based on SBF's media interviews over the past few weeks, it’s clear that the information he…
Panoptic Raises $4.5 Million In a Seed Funding Round
Perpetual Protocol Panoptic is set to launch its Defi platform in the first quarter of next year.
Silvergate CEO Tries to Dispel Rumors in a Public Letter
Addressing the FTX collapse effects on the bank, Morgan Stanley in a research report downgraded its rating on Silvergate's shares…
HashKey Partners with SEBA to Accelerate Institutional Crypto Adoption
The two firms aim to bring market reliable differentiated solutions and avenues for institutional and professional investors in the crypto…
SBF Unlikely to Participate in Dec 13 US House Hearing
Sam Bankman-Fried says he will testify before the House Financial Services Committee after "learning and reviewing" the events that led…
Chinese Court says Law Should Protect NFTs as Virtual Properties
The Chinese court stated NFTs, as virtual artwork, condense the creator's creative expression of art and have the value of…
