The Commodity Futures Trading Commission (CFTC) has fined crypto trading firm FalconX a total of $1.7 million. CFTC said the penalty relates to the Seychelles-based brokerage platform’s failure to register as futures commission merchant (FCM). […]
Tim Draper has led a $3.5 million seed funding round in Zest Protocol, a Bitcoin lending startup. This move marks a significant milestone in making decentralized finance (DeFi) accessible to the Bitcoin network, with notable […]
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins.ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals […]
Share this article In a recent 13F filing with the Securities and Exchange Commission (SEC), UBS Group AG, the Switzerland-based global investment bank and financial services firm, disclosed a substantial holding in the iShares Bitcoin […]
Core Scientific, a Texas-based Bitcoin mining company, has announced impressive gains in both revenue and profitability for the first quarter of 2024. It reported a revenue of $150 million from digital asset mining, marking a […]
Binance and KuCoin has obtain FIU-IND approval, marking a milestone in Indian crypto regulation. KuCoin pays $41,000 penalty as Binance awaits fine determination amid compliance proceedings. The return of the exchanges to India signals the […]
In an almost 15-minute video, Charles Hoskinson, co-founder of Ethereum (ETH) and founder of Cardano (ADA), shared his views on President Joe Biden’s administration’s stance towards the crypto industry. Hoskinson highlights the statement from Biden’s […]
Share this article There’s always one or more reasons behind a company board member’s departure. With Jack Dorsey and Bluesky, it’s all about direction. Speaking with Pirates Wires this week, Bluesky’s inventor said the company […]
Australian Tax Office seeks data from 1.2M crypto users for tax compliance. Cryptocurrencies are classified as taxable assets in Australia and capital gains tax applies. Global crackdown on crypto tax evasion has gained momentum, especially […]
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