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11 months, 1 week agoBinance Faces Regulatory Issues in the Philippines
The Philippines Securities and Exchange Commission (SEC) has issued a warning about Binance’s operations in the country. According to the regulator, Binance is not registered as a corporation in the Philippines a…
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11 months, 1 week agoUK Government Implements New Compliance Mandates for Unpaid Crypto Taxes
The UK government has implemented new guidelines for reporting and paying taxes on cryptocurrency assets. Individuals and entities dealing with cryptoassets must comply with these guidelines to ensure tax…
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11 months, 1 week agoCharlie Munger, Berkshire Hathaway Vice Chairman, Dies at 99: A Legacy of Investment Wisdom and Crypto Skepticism
Charlie Munger, the esteemed vice chairman of Berkshire Hathaway and long-time business partner of Warren Buffett, passed away at the age of 99. Munger was known for his distinctive investment philosophy, which…
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11 months, 1 week agoBinance Faces Allegations of Unauthorized Business Operations in the Philippines
The Philippines Securities and Exchange Commission (SEC) has issued a warning against cryptocurrency exchange Binance, claiming that the platform has been operating in the country without the necessary…
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11 months, 1 week agoNigeria Urged to Implement Regulations for Blockchain Integration
A stakeholder in the blockchain and fintech ecosystem has urged the Nigerian government to implement regulations that will facilitate the widespread integration of blockchain technology in the country. The National…
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11 months, 1 week agoBIS Innovation Hub Releases Report on Private CBDC Initiative, Project Tourbillon, Highlighting Payment Anonymity
The Bank for International Settlements (BIS) Innovation Hub has released its final report on Project Tourbillon, an initiative focused on developing a “private CBDC” (central bank digital currency). The report exp…
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11 months, 1 week agoCrypto Security Incidents Continue to Undermine Trust and Adoption
As the number of hacks and exploits in the crypto industry continues to rise, cybersecurity professionals are highlighting the need for improved crypto security measures. In 2023 alone, nearly $1 billion has been…
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11 months, 1 week agoCharlie Munger, Vice Chairman of Berkshire Hathaway and Fierce Bitcoin Critic, Passes Away at 99
Charlie Munger, the long-time right-hand man of Warren Buffett and vice chairman of Berkshire Hathaway, has passed away at the age of 99. Munger, who played a crucial role in turning Berkshire Hathaway into a…
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11 months, 1 week agoThai Crypto Exchange Zipmex Offers Creditors 3.35 Cents per Dollar in Restructuring Plan
Embattled Thai cryptocurrency exchange, Zipmex, has proposed a restructuring offer to its creditors. The exchange, which owes its customers $97 million, is offering 3.35 cents per dollar of initial claims, with the…
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11 months, 1 week agoBinance Faces Regulatory Trouble in the Philippines for Operating Without Approval or License
Cryptocurrency exchange Binance has come under scrutiny in the Philippines for operating without the necessary approval or license from the local securities regulator. The Philippines Securities and Exchange…
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11 months, 1 week agoCristiano Ronaldo Faces Class-Action Lawsuit Over Promotion of Binance Crypto Exchange
Pro-soccer star Cristiano Ronaldo is facing a proposed class-action lawsuit from plaintiffs who claim they suffered losses due to his promotion of the crypto exchange Binance. The lawsuit alleges that Ronaldo…
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11 months, 1 week agoKyberSwap Hacker Demands Civility in Negotiations, Threatens Delay
The hacker responsible for the $46 million crypto theft against KyberSwap has issued a warning to the company’s executives and tokenholders. In an on-chain message, the hacker stated that they plan to release a s…
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11 months, 1 week agoThe Rise of Private Debt: A Growing Concern for Julius Bär and René Benko
Private Debt is a booming form of credit financing that is gaining popularity in the financial world. These loans are privately issued and traded, away from the public markets, making the transactions largely…
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11 months, 1 week agoGenesis and Digital Currency Group Reach Repayment Deal, Potentially Ending Lawsuit
Bankrupt crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a deal to potentially resolve an ongoing lawsuit. Genesis filed a document with a New York Bankruptcy Court stating…
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11 months, 1 week agoSEC Requests Public Comments on Franklin Templeton and Hashdex Bitcoin ETF Proposals
The United States Securities and Exchange Commission (SEC) has taken the next steps in considering the proposed Bitcoin exchange-traded fund (ETF) bids by Franklin Templeton and Hashdex. The agency has requested…
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11 months, 1 week agoCourt Allows Jump Crypto to Submit Confidential Information in SEC's Case Against Terraform Labs
A U.S. court has granted permission to Jump Crypto, a “third party” in the SEC’s case against Terraform Labs, to submit certain information confidentially. The SEC has accused Terraform Labs and its founder, Do Kw…
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11 months, 1 week agoCryptocurrency Co-Founder Criticizes U.S. Regulators for Treating Bitcoin Differently from Other Coins
Cardano co-founder Charles Hoskinson has criticized U.S. regulators for categorizing ADA and other cryptocurrencies as unregistered securities while giving bitcoin a pass. Hoskinson argues that bitcoin could also…
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11 months, 1 week agoFranklin Templeton Files Updated S-1 for Bitcoin ETF with SEC
Franklin Templeton has submitted an updated filing with the SEC to launch a Bitcoin exchange-traded fund (ETF). This comes shortly after the SEC’s decision to delay a previous proposal. The Franklin Bitcoin ETF, i…
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11 months, 1 week agoLegendary Investor Charlie Munger, Fierce Critic of Cryptocurrency, Passes Away at 99
Charlie Munger, the legendary investor and longtime partner of Warren Buffett, has passed away at the age of 99. Munger was known for his successful career in investing and his outspoken criticism of…