Crypto Downzing Continues as Huobi Plans to Prune Workforce by 20%
The downsizing wave that swept through
the cryptocurrency industry in 2022 is still on track as Seychelles-based
cryptocurrency exchange, Huobi, has disclosed its plans to...
Mutant Ape Planet NFT Creator Aurelien Michel Arrested
Aurelien Michel, a French national residing in the United Arab Emirates (UAE), was arrested on Wednesday evening and charged with defrauding investors in...
New York Charges Celsius Network Co-Founder Alex Mashinksy with Fraud
Letitia James, the Attorney General of the State of New York, has charged Alex Mashinsky, the Co-Founder of bankrupt crypto lender Celsius Network,...
Firms to Launch Benchmarks for Metaverse-Linked Tokens on Jan. 30
Derivatives marketplace operator, CME
Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will
launch three new Metaverse reference rates and real-time indices on January 30,
the...
European Central Bank Exec Wants Unbacked Crypto Treated as Gambling
Fabio Panetta, a Member of the Executive Board of the European Central Bank (ECB) has argued in favor of regulation that recognizes “the...
SEC Busts $45M Blockchain Fraud CoinDeal
The US Securities and Exchange Commission (SEC
Securities and Exchange...
Why Bitcoin Miners Made $6 Billion Less in 2022?
Bitcoin (BTC), the oldest and largest cryptocurrency, closed last year with a loss of more than 60%. The mining industry also suffered from...
Coinbase Reaches $100M Settlement for AML Failure
American cryptocurrency exchange, Coinbase, has agreed to pay $100 million settlement given lapses the New York Department of Financial Services (NYDFS) found in...
Israel Seeks to Amend Securites Laws to Fit in Crypto, Calls for Input
The Israel Securities Authority (ISA) has published a proposal that seeks to amend the applicability of the country’s securities laws to digital assets....
Global Crypto AUM Shows the Weakest Inflows since 2018
Despite the yearly inflows worth $433 million in 2022, the overall condition of global crypto assets under management (AUM) turned out to be...
