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Sam Bankman-Fried found guilty on all charges
Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, was found guilty of seven counts of fraud and conspiracy. See related...
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PayPal subpoenaed by SEC over PYUSD Stablecoin
PayPal, the global payments giant, has received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to its PayPal USD...
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ProShares launches short Ether ETF
Maryland-based fund manager ProShares announced the launch of a short Ether-linked exchange-traded fund on Thursday. See related article:...
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PayPal registers crypto service with UK FCA
PayPal, the global payments giant, has successfully registered as a cryptocurrency service provider with the Financial Conduct Authority (FCA) in...
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SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
The criminal trial of FTX founder Sam Bankman-Fried entered its final stage on Wednesday as the defense and prosecution presented their closing...
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Nomura-backed Komainu partners Crypto Garage for institutional crypto services
Komainu, a digital asset custodian backed by Japan’s largest investment bank, Nomura, announced a partnership with Crypto Garage to develop...
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SBF examined over “cozy relationship” with Bahamian government in fraud trail
Assistant U.S. Attorney Danielle Sassoon continued Sam Bankman-Fried’s cross-examination on Tuesday, questioning the FTX founder’s relationship...
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How blockchain can fortify children’s online safety
With children spending increasingly more time online in the post-Covid world, parents and advocates are concerned about exposure to...
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NFT’s October treat
And just like that, non-fungible tokens (NFTs) have officially had their first ‘Uptober.’ You’ve felt it for weeks, and now the...
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Mad Lads creator Backpack to launch licensed crypto exchange in Dubai
Backpack, the Web3 wallet firm behind the Mad Lads non-fungible token (NFT) collection, announced today that it is launching a cryptocurrency...
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‘Uptober’ narrative saved by spot Bitcoin ETF bounce
It has been quite the end of the month for the crypto industry. As of 4 p.m. in Hong Kong Tuesday, Bitcoin was trading above US$34,000, having...
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Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination
Assistant U.S. Attorney Danielle Sassoon questioned Sam Bankman-Fried’s credibility during Monday’s cross-examination in New York, highlighting...
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Singapore, Japan, Switzerland and U.K. to collaborate on digital assets pilots
The Monetary Authority of Singapore (MAS) announced that it is partnering with the Financial Services Agency of Japan (FSA), the Swiss Financial...
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UK plans to introduce fiat-backed stablecoin rules in early 2024
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update...
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Standard Chartered’s Zodia Custody to launch in Hong Kong
Zodia Custody, the cryptocurrency custodian owned by British banking giant Standard Chartered, is set to launch its services in Hong Kong....