Economy
US Regulator Files Lawsuit Against...
Binance, the world's largest cryptocurrency exchange, and its CEO and founder Changpeng Zhao have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for operating an "illegal" exchange and "sham" compliance programme.
First Citizens to Acquire Failed...
First Citizens, Silicon Valley Bank, acquisition, FDIC, banking industry, bank failure, venture capital, technology, private equity, North Carolina-based lender, loss, Deposit Insurance Fund, financial crisis, Bank of England, collapse, assets, depositors, equity appreciation rights, regulatory oversight,
US Regulator Files Lawsuit Against Binance and CEO for Operating “Illegal” Exchange and “Sham” Compliance Program
Binance, the world's largest cryptocurrency exchange, and its CEO and founder Changpeng Zhao have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for operating an "illegal" exchange and "sham" compliance programme.
cryptocurrency
US Regulator Files...
Binance, the world's largest cryptocurrency exchange, and its CEO and founder Changpeng Zhao have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for operating an "illegal" exchange and "sham" compliance programme.
Economy
First Citizens to...
First Citizens, Silicon Valley Bank, acquisition, FDIC, banking industry, bank failure, venture capital, technology, private equity, North Carolina-based lender, loss, Deposit Insurance Fund, financial crisis, Bank of England, collapse, assets, depositors, equity appreciation rights, regulatory oversight,
AI
Nvidia’s CTO Claims...
According to the chief technology officer of US chip-maker Nvidia, Michael Kagan, cryptocurrencies do not add any value to society. Despite selling a large number of powerful processors to the sector, Kagan said that the development of artificial intelligence chatbots, such as Nvidia's ChatGPT,
cryptocurrency
Binance, World’s Largest...
Binance, the world's largest cryptocurrency exchange, has suspended all spot trading temporarily due to an undisclosed issue. The exchange has not yet disclosed the nature of the problem
cryptocurrency
Founder of Terraform...
On Thursday, Do Kwon, the founder of Terraform Labs, was arrested in Montenegro while attempting to board a flight with false documents, following months of hiding to evade charges
Economy
Accenture to cut...
Accenture, the technology consultancy giant, has announced plans to cut 19,000 jobs, which accounts for 2.5% of its global workforce
cryptocurrency
Coinbase Faces Potential...
Coinbase, the prominent American crypto company, received a notice from the Securities and Exchange Commission (SEC), which warned of a potential enforcement
cryptocurrency
Will the FTX...
Bankrupt cryptocurrency exchange FTX is considering the possibility of reviving its business, new CEO John Ray said.
cryptocurrency
The European Union...
The EU's landmark new legislation, the Market Regulation in Crypto Assets (MiCA), has been delayed for technical reasons