Sam Bankman-Fried, the former CEO of FTX, is facing multiple criminal charges related to alleged misuse of user funds. Documents provided by crypto influencer Tiffany Fong revealed details about Bankman-Fried’s life while under house arrest and his thoughts on the legal team handling FTX’s bankruptcy case. Bankman-Fried reportedly drafted a 15,000-word Twitter thread but never […]
BitGo and Swan Bitcoin have announced plans to create a Bitcoin-only trust company in the United States, pending regulatory approval. The company will offer Bitcoin custody, administration and management services to institutional investors, such as asset managers, pension plans, and family offices, as well as governments and company treasuries. It will also provide cold storage, […]
The Japanese government is set to adjust regulatory frameworks, allowing startups to raise funds by issuing digital assets to investors. This decision is part of Japan’s ongoing efforts to diversify capital-raising platforms for its domestic startups, aligning itself with the global trend of embracing digital assets. Prime Minister Fumio Kishida has emphasized his government’s commitment […]
Binance.US, the American arm of the leading crypto exchange Binance, has recently lost two key executives amid increased scrutiny from regulators. Krishna Juvvadi, the head of legal, and Sidney Majalya, the chief risk officer, are the latest in a series of high-level departures from the exchange. Juvvadi was reportedly one of Binance.US’s main points of […]
Deutsche Bank, Germany’s financial giant with assets value of $1.4 trillion, has partnered with Swiss startup Taurus to offer various services, including cryptocurrency custody and tokenization solutions. The collaboration underwent a “thorough and detailed selection and due diligence process” before Deutsche Bank decided to utilize Taurus’ enterprise-grade infrastructure technology. In June, the bank applied for […]
XDOGE, a meme coin, has seen a 600% increase in its market cap over the last 24 hours, according to data from DexTools. The token now has over 409 holders and has passed the GoPlus security audit. The team behind XDOGE posted on the social media platform X that they were starting a “new movement […]
The Japanese government is reportedly planning to allow start-ups to raise public funds through the issuance of crypto assets, such as currencies, instead of stocks. This system is applicable to Investment Business Limited Partnerships (LPS). Japan has been slow to embrace digital assets, but this is changing. The Financial Services Agency (FSA) recently sought to […]
JPEX, a crypto exchange, has recently come under fire from the Hong Kong Securities and Futures Commission (SFC) for operating without a license and actively promoting its services to the Hong Kong public. In response, the exchange has reportedly increased its withdrawal fee to up to 999 Tether USDT and its staff has been missing […]
Litecoin (LTC) is showing strong bullish signals as key data suggests a potential trend reversal. After reaching its YTD high in July, the price of the coin dropped significantly, reaching an unbelievable low of $56. However, the decline could not hinder LTC from creating a double-bottom pattern combined with a bullish divergence as marked by […]
VC Spectra (SPCT) is a decentralized venture capital fund for emerging blockchain and technology companies. It is managed by a team of experienced professionals who select projects through a rigorous selection system. VC Spectra (SPCT) uses trading strategies such as diversification, arbitrage, and machine learning to maximize profits and reduce risks. Smart contracts are used […]
