FTX customers could get $9B shortfall claim payout by mid-2024

Customers of bankrupt crypto exchange FTX and FTX US could see over 90% of assets returned to them by the end of the second quarter of 2024 after a proposed settlement was reached between FTX cr...

11 months ago

Cointelegraph's misstep in reporting

SEC Issues Major Warning After Fake Bitcoin ETF Rumours

Following a tumultuous day marked by crypto-related misinformation, the U.S. Securities and Exchange Commission (SEC) took to social media to issue a stark warning. The agency's me...

11 months ago

The transaction was independently verified by Cointelegraph on Etherscan.

Ethereum co-founder Vitalik Buterin sends $15M of USDC to Gemini

Blockchain sleuths have zeroed in on a recent transaction from a wallet associated with Ethereum co-founder Vitalik Buterin, where he transferred $14.9 million worth of USD Coin (USDC) to the cr...

11 months ago

New York district judge orders crypto lender Genesis to produce documents related to the collapse of algorithmic stablecoin TerraUSD.

Genesis ordered to comply with subpoena in TerraUSD collapse case

Genesis, a renowned crypto lending firm, has been commanded by a New York district judge to adhere to a subpoena. This decision was taken after the firm allegedly did not provide certain documen...

11 months ago

The Solana Foundation has become an ecosystem partner for the Dubai Multi Commodities Centre, one of the free economic zones within the UAE.

Solana becomes ecosystem partner of Dubai free zone

The Solana Foundation has become an ecosystem partner for the Dubai Multi Commodities Centre (DMCC), one of the free economic zones in the United Arab Emirates. According to the a...

11 months ago

Russia’s Sber, the operator of Sberbank, says it will join the Central Bank’s digital ruble pilot, in a major coup for the nation’s CBDC.

Russian Business Titan Sber to Join Digital Ruble Pilot

Vedemosti reported that Sber’s influential CEO, the former Economy Minister Herman Gref, said his firm “will definitely” join a “second wave” of banks that wil...

11 months ago

Crypto exchanges need to obtain licenses from ASIC.

Australia Proposes Tighter Crypto Rules: Mandatory Licenses and Reviews

The Australian government is proposing licensing cryptocurrency trading platforms, along with tighter oversight of customers’ funds. A proposal released today (Monday) detailed t...

11 months ago

The co-founder and former chief executive officer of Voyager Digital Ltd. broke derivatives rules while at the helm of the crypto lender, leading to its bankruptcy and $1.7 billion in customer losses, US regulators alleged Thursday.

CFTC Sues Former CEO of Bankrupt Crypto Lender Voyager

The Commodity Futures Trading Commission filed a lawsuit against Stephen Ehrlich in US federal court in New York, claiming he and Voyager “fraudulently solicited participation in and opera...

11 months ago

WeChat operator, Tencent, announced the launch of a new digital yuan smart contract enterprise credit solution platform.

Tencent launches credit solution for digital yuan

The new platform aims to bring a more convenient and efficient financing service for small and medium-sized enterprises. The project will use the digital yuan as the payment ...

11 months ago

CBDC Programmability Can Be Used for Macro Economic Management

China's FX Minister Suggests CBDC Programmability for Macroeconomic Management

An official from China's foreign exchange regulatory body has suggested the potential use of "programmable features" within China's Central Bank-Backed Digital Currency (CBDC) ...

11 months ago