Binance and CEO Changpeng Zhao sued by CFTC over trading and derivative violations
Binance, the world’s largest crypto exchange by volume; its CEO Changpeng Zhao; and Chief Compliance Officer Samuel Lim, are being sued by the U.S. Commodity Futures and Trading Commission, accordin
Signature Bank seizure creates obstacles for crypto industry while promoting ‘unbanked’ innovations
Unease is rising in crypto after federal regulators seized Signature Bank, Silvergate Capital wound down operations, and Silicon Valley Bank collapsed.
Bitcoin rallies over 18% in 24-hour span in wake of SVB crisis
The value of major cryptocurrencies rose Monday in the wake of U.S. government plans to protect SVB and Signature Bank depositors.
Crypto index platform Alongside raises $11M led by a16z
Alongside, a crypto index-focused platform, has closed an $11 million seed round led by Andreessen Horowitz (a16z), the company exclusively told TechCrunch. “At a high level, we’re building what I
Bitcoin NFTs are growing quickly as community sees long-term potential
Ordinals, an NFT-like project on Bitcoin, has grown quickly the past month, signaling a possible new frontier for the cryptocurrency.
BlockFi files for Chapter 11 bankruptcy
This past year has been hectic for the crypto lending platform BlockFi, and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S. Ba
Lawyers see crypto regulation coming in 2023 because industry needs to rebuild trust
Given the scale of the damage from the bankruptcies of FTX, Celsius and Voyager, legal frameworks for the crypto industry could come next year.
Bitcoin believers maintain view it could find institutional buy-in despite FTX chaos
Bitcoin could potentially capture roughly 3.5% of the global monetary market in aggregate over the next 17 years, according to CoinShares.