Uncategorized news articles
Hong Kong SFC Reveals Possible Criteria for the Tokenization of Investment Products
The Hong Kong Securities and Futures Commission (SFC) has released a document outlining potential requirements for the tokenization of inves...
Ava Labs Employees Report Layoffs, ‘Many People’ Affected
Crypto startup Ava Labs, which supports the Avalanche blockchain network, laid off a substantial portion of its workforce Monday, multiple i...
Vertu’s Luxury Crypto Phone is ‘Passport to the Web3 World’: CEO
If there’s a bear market in crypto, no one told luxury phone manufacturer Vertu. Its Metavertu II Web3 smartphone, launched at a glitzy ev...
Where Will Sam Bankman-Fried Be Sent to Prison? The Options are Bleak.
Sam Bankman-Fried is now entering a new, darker chapter in his life, as the last one ended with a guilty verdict in his criminal trial in Ne...
PayPal Says It Has Received a Subpoena From the SEC Over the PYUSD Stablecoin
Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. I...
CFTC Commissioner Says Majority of Tips in Whistleblower Program Involve Crypto
The Commodity Futures Trading Commission (CFTC) says that most of the tips called into its Whistleblower Program in 2023 involved crypto. In...
Prosecutors Say Sam Bankman-Fried Is ‘Guilty Beyond Reasonable Doubt’ in Closing Statements
The prosecutors in the FTX fraud trial say that disgraced Sam Bankman-Fried is guilty beyond reasonable doubt following his testimony in cou...
Taiwan Authorities Unravel Massive $320 Million Crypto Money Laundering Network
Taiwan authorities have uncovered the largest money laundering network in the region, processing USDT transactions worth more than $320 mill...
Biggest Video Games Releasing in November 2023
After the jam-packed release month of October, it might be good news or bad news to realize that November is similarly stocked with huge vid...
WeWork to File for Bankruptcy: What’s Next for Crypto Nomads?
Flexible remote workspace provider WeWork could file for bankruptcy by next week after failing to make interest payments to bondholders by O...
SEC Rebuked for Breaking Law With Crypto Disclosure Policy
The US Government Accountability Office (GAO) said the US Securities and Exchange Commission (SEC) illegally directed banks to include custo...
Kasikornbank Steps Into Crypto With $103 Million Satang Exchange Acquisition
Thailand’s Kasikornbank (KBank) has acquired a 97% stake in the holding company of Satang crypto exchange. The deal, reportedly worth arou...