Amid its current bankruptcy proceedings, crypto miner Core Scientific has agreed with NYDIG to pay down its $38.6 million debt by giving over about 27,403 computers that were used as security. The motion was filed to Southern District U.S. Bankruptcy Court for Texas on...
In a recent Twitter statement, John Deaton disclosed that SEC Commissioner Hester Peirce revealed that her U.S. SEC counterparts were deceptive about the Howey Test for XRP. Deaton asserted that the Securities and Exchange Commission’s (SEC) assessment of XRP didn’t consider each transaction...
Darknetlive — recognized as one of the top resources for darknet users by the FBI, Europol and the Australian Institute of Criminology — has most likely been served a subpoena. Darknetlive — a website with a presence on both the deep web and...
The Australian government is strengthening its market regulator’s digital asset team as part of a three-stage plan to regulate crypto and ensure proper risk disclosure from crypto companies. According to a joint statement issued on Feb.2 by Australian Treasurer Jim Chalmers and Assistant Treasurer Stephen...
The crypto winter and the FTX saga have led to fast-paced crypto regulation efforts in 2023. Globally, regulators are under pressure from governmental bodies and crypto investors to create clear guidelines overseeing digital asset trades. To protect consumers, several countries and regions have...
Charlie Munger, a 99-year-old billionaire and strong crypto critic, has elicited virile reactions from the online crypto community for being unnecessarily critical with his request to have the U.S. replicate the Chinese crypto ban. A handful of comments on Munger’s Wall Street Journal...
According to recent reports, the United Kingdom’s His Majesty’s Treasury plans to implement stringent rules for crypto assets. 2022’s dire events that took down several entities have left governments worldwide in dire need of effective crypto regulations. The United Kingdom has spearheaded what...
On Jan. 28, 2023, John J. Ray III, the current FTX CEO, who led the investigations team, revealed the SBF’s family involvement with the FTX bankruptcy case claiming that he has no doubt the SBF’s family was paid. SBF’s Family Involvement Revealed The...
Regulators in Hong Kong are looking to establish guiding principles for stablecoins before the end of 2023. The news is the latest in a series of crypto-focused regulations from Hong Kong as the city looks to revert to its former cryptocurrency-friendly stance. Stablecoin...
Russian crypto traders’ access to global exchange platforms is limited. The limitations have prompted traders to look for ‘unrestricted’ exchange accounts. According to local Russian news outlet Kommersant, the offering of such accounts on the dark web has significantly increased over the last...