Editor Choice
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Compliance Rating of Cryptocurrency Exchange Huobi Disappoints in Latest Industry Evaluation
The rise of cryptocurrencies and blockchain technology has undoubtedly revolutionized the financial industry, offering a decentralized and transparent alternative to…
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Binance CEO CZ Fiercely Refutes Allegations of Market Manipulation Made by CFTC
Binance’s CEO Changpeng “CZ” Zhao has denied the accusations made by the Commodities Futures and Trading Commission, stating that the…
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CFTC Files Lawsuit Against Binance and CEO CZ for Violating Trading Regulations
Bloomberg has reported that the United States Commodity Futures Trading Commission (CFTC) has filed a lawsuit against cryptocurrency exchange Binance…
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First Citizens Bank Acquires Silicon Valley Bank Deposits and Loans
The Federal Deposit and Insurance Corporation has announced that First Citizens Bank, located in North Carolina, will acquire all of…
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Understanding Flash Loans: The Pros and Cons of This Weird DeFi Trend
Have you ever wondered how someone can borrow millions of dollars in capital anonymously and without any collateral in just…
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BlockFi Authorized to Sell 6,376 Mining Rigs for $4.7 Million
According to legal documents, the federal bankruptcy court overseeing BlockFi‘s case has authorized the sale of nearly 6,376 mining rigs…
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Terra CEO Do Kwon Detained in Montenegro for Using Fake Documents, Charged Hours after Arrest
Do Kwon, CEO of Terraform Labs, was reportedly arrested in Montenegro before being charged with multiple counts of fraud by…
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Central Bank of UAE Unveils Plans for New Digital Currency, The Digital Dirham
The Central Bank of UAE (CBUAE) jointly held a signing ceremony with G42 Cloud and R3 to mark the commencement…
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The Ripple Effect: Analyzing the Impact of Crypto-Friendly Bank Failures on the Cryptocurrency Industry
Being “the bank in crypto”, Silvergate once counted some of the giant crypto firms as its clients. As a matter of…
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Ruler of RAK Introduces New Law to Establish First Ever Digital and Virtual Assets Free Zone
The Supreme Council Member and Ruler of Ras Al Khaimah, H.H. Sheikh Saud bin Saqr Al Qasimi, has enacted new…
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