Crypto scandal catches up with Shaq as NBA legend gets served with lawsuit – OutKick
The music finally caught up with Shaq. On Sunday, Shaquille O’Neal — Lakers legend, TV personality and DJ — was official served for his endorsement of...
Category: crypto
The Bank of England advises on limits on Stablecoins
Rattled by the collapse of Silicon Valley Bank, the crypto winter of 2022, and nervous about the prospect of crypto-assets becoming widely used as payment instruments,...
Australian crypto fraud increased by over 162% with almost $150 million lost
Australians lost $148.3 million (AUD$221.3 million) to investment fraud using cryptocurrency as a payment method in 2022 – a 162.4% increase from 2021. According to an...
New York makes crypto compliance more expensive | Payment source
New York State Financial Service Superintendent Adrienne Harris says the new regulations will help fund new employees for the agency. Christopher Goodney/Bloomberg New York has updated...
Former broker accused of $1 million crypto fraud
A former FINRA-registered broker and investment banker accused of bilking his friends, former classmates and industry colleagues of at least $1 million in a crypto Ponzi...
Bitcoin Surge Parallels Price Movement in 2019: Analyst
Vetle Lunde, a crypto market analyst at K33 Research, sees parallels between bitcoin’s recent rally from the 2022 low and the price pattern from 2018 to...
NYDFS implements new rule to charge crypto firms above annual supervisory fees
Despite the global crypto market showing a bullish trajectory, regulatory investigation could become an obstacle for the nascent industry. Earlier today, the New York Finance Watchdog...
Crypto down; Some consumers do not calculate it
Credit unions may consider pausing, but perhaps not completely abandoning cryptocurrency offerings as the sector emerges from recent scandals. FTX. The twins. Binance. With now household...
SEC’s Crackdown on Bittrex Part of Larger Crypto Industry Purge, Claims Exchange
Seattle-based cryptocurrency exchange Bittrex has issued a formal response to the recent lawsuit filed by the US Securities and Exchange Commission (SEC), in which the agency...
Bank of England sounds the alarm on Crypto Stablecoins
The The Bank of England’s deputy governor has issued a warning that regulators may need to restrict the use of stablecoins. Regulators may need to restrict...