What is a Wells notice, explained
A Wells notice is a letter from the SEC indicating possible enforcement action against a person or a firm. How...
Month: May 2023
Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a...
Upgrade to Bring Bitcoin Cash Smart Contracts, Ted Cruz on BTC, Global De-Dollarization Efforts — Week in Review
Software developer Jason Dreyzehner says smart contracts “comparable to Ethereum,” but remarkably more efficient will be made possible by the...
Swedbank Strategist Says US Banking Crisis Is Spreading — Warns of More Banks Failing in ‘Vicious Spiral’
A strategist at Swedbank, a Swedish bank, has warned that the regional banking crisis in the U.S. is spreading. After...
The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
Ethereum Foundation's previous big sale of ETH preceded a bear market, but there's little evidence that such sales affect the...
Stripe tackles ‘cold start problem’ with the launch of fiat-to-crypto on-ramp
Web3 companies can utilize the Stripe-hosted fiat-to-crypto on-ramp to allow customers to buy crypto at the “precise moment they need...
Digital Assets for 1 Billion Rubles Issued in Russia in a Month
Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported....
Binance Reportedly Investigated in US for Russia Sanctions Violations
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report....
Bitcoin Provides Insurance Against Fiat Currency Failure, Says Validus Power Corp.’s Greg Foss
On May 4, in a recent Youtube video, Validus Power Corp.’s executive director, Greg Foss, discussed the potential for the...
Deloitte integrates blockchain for digital credentials
The credentials will "have multiple use cases" including regulatory compliance for banking and Decentralized Finance (DeFi), age verification for e-commerce,...
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto...
Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This Problem
Billionaire Bill Ackman has warned that “We are running out of time” to fix the problem that led to the...
Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow
The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end...
Stripe tackles ‘cold start problem’ with the launch of fiat-to-crypto onramp
Web3 companies can utilize the Stripe-hosted fiat-to-crypto onramp to allow their customers to buy crypto at the “precise moment they...
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance
A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange...
