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Armstrong said the SEC recommendation left them no choice but to head to court.

SEC Told Coinbase to Stop Trading in all Cryptos Except Bitcoin Before Suing: FT

The SEC asked Coinbase to delist every cryptocurrency except bitcoin before suing the exchange. Armstrong told the Financial Times the SEC recommendation left us no choice but to head ...

1 year ago

The FTX co-founder may be able to face one less charge relating to actions surrounding his alleged mismanagement of the cryptocurrency exchange.

Sam Bankman-Fried to have campaign donation charge dropped: Prosecutors

United States prosecutors are expected to drop a charge against FTX co-founder Sam Bankman-Fried that alleged he haconspired to make unlawful campaign contributions. In a Jul...

1 year ago

Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments.

Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit

Professional basketball player Jimmy Butler has asked to be dismissed from a class-action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, s...

1 year ago

PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California.

PacWest stock flash crash recovers after rescue merger with Banc of Cali

Shares in PacWest bank flash crashed by 27% on July 25 only to quickly recover in after-hours trading on the news it had merged with the Banc of California. PacWest Bancorp stock slump...

1 year ago

Namibia's virtual assets bill became an act and was put into law on Friday according to the Gazette of the Republic of Namibia.

Namibia's Crypto Assets Bill Is Now a Law

Namibia's government is set to designate a regulatory authority to oversee the virtual asset industry after moving its virtual assets bill into law Friday. The Namibia Virtual Asse...

1 year ago

The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks.

Crypto Catalysts: Rate Hike Looms as FOMC Begins Latest Monetary Policy Deliberations

For 16 months, the U.S. Federal Reserve has been long on inflation anxiety and short on interest rate surprises. On Tuesday, the central bank’s Federal Open Market Committee (FOM...

1 year ago

Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings.

Celsius Network reaches settlements to exit bankruptcy

Bankrupted crypto lender Celsius Network has reached two settlements that allow it to return assets to customers and end its bankruptcy proceedings, according to court filings on July ...

1 year ago

Several counties in the U.S. state of Arkansas are hurrying to adopt new ordinances before August when crypto mining facilities will be subject to the same rules as data centers.

Arkansas counties rush to pass noise regulations for crypto miners

Several counties in the United States state of Arkansas are rushing to pass emergency legislation allowing them to control noise and other activities related to crypto mining before a new state ...

1 year ago

San Francisco’s Federal Reserve Bank is seeking a crypto architect for a central bank digital currency.

Federal Reserve of San Francisco hiring crypto architect for CBDC project

San Francisco's Federal Reserve Bank is seeking a crypto architect for a central bank digital currency project, an Indeed job posting has revealed. According to the role descr...

1 year ago

Lawyers representing SBF have agreed to a gag order preventing him from making comments that could sway his criminal trial but says it should apply to other witnesses too.

FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case

Former FTX CEO Sam Bankman-Fried has agreed to a gag order preventing him from making comments to third parties that may interfere with his trial — but argues other potential witnesses sho...

1 year ago