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12May/23
12May/23
‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation
The CEO of JPMorgan Chase — which recently took over failed First Republic Bank — believes there could be more pain ahead for United States banks if the Federal Reserve goes intoRead More…
10May/23
Aragon launches defensive measures against Arca’s ‘51% attack’
Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has pulled plans for its native Aragon (ANT) token holders to be given voting rights over the future direction of theRead More…
10May/23
First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur
Crypto exchange Bittrex filed for bankruptcy in the U.S. state of Delaware on Monday, months after announcing it would wind down operations in the country and weeks after being sued by theRead More…
08May/23
Pepe’s sudden drop leaves whale 500k in the red
The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands inRead More…
08May/23
Binance Resumes Bitcoin Withdrawals After Second Pause, Says Its Adjusting Fees and Integrating Lightning Network
“To prevent a similar recurrence in the future, our fees have been adjusted. We will continue to monitor on-chain activity and adjust accordingly if needed,” Binance said in a tweet. “Our teamRead More…
06May/23
SEC issues record whistleblower award of $279M
The U.S. Securities and Exchange Commission (SEC) has issued its largest-ever whistleblower award totaling $279 million. The SEC generally issues awards ranging between 10% to 30% of collected monetary sanctions that areRead More…
06May/23
U.S. Justice Department Investigating Binance For Russia-Related Sanctions Violations: Bloomberg
Additionally, in early May 2023, Israel reportedly revealed it had seized roughly 190 Binance accounts with alleged ties to terrorist groups, including two accounts to ISIS. Since neither Israel nor Binance explicitlyRead More…
04May/23
Mainstream media renew push for non-US FTX user identities
Four media outlets in the United States have continued efforts to get the identities of non-U.S. FTX customers revealed, filing new objections to a previous motion to seal their identities. Bloomberg, DowRead More…
04May/23
Coinbase to Stop Issuing New Loans Via Coinbase Borrow
“We regularly evaluate our products to ensure we’re prioritizing the offerings that our customers care about most,” the spokesperson said. “Effective May 10, we will stop issuing new loans through Coinbase Borrow.Read More…