Binance’s explosive growth led to compliance failures
“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains.Despite...
Business
Elon Musk to advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’
Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an...
Robinhood to roll out US stock trading in British market
In another attempt to expand its business internationally, online trading platform Robinhood has announced plans to launch its stock exchange...
Crypto investment platform Fasset granted operational license in Dubai
Digital asset investment platform Fasset was granted an operational license on Nov. 29, according to a listing on the Dubai...
Crypto payment firm Alchemy Pay adds SEPA deposits in Europe
Cryptocurrency payment platform Alchemy Pay is scaling its payment options by integrating new on-ramps — new ways to buy crypto...
Cathie Wood’s ARK capitalizes on SoFi’s crypto exit, investing $1.5M in SOFI shares
ARK Invest, a cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, bought about $1.5 million of SoFi Technologies...
Bitcoin for Christmas: MicroStrategy buys another $600M
Business intelligence firm MicroStrategy purchased 16,130 Bitcoin (BTC) in November, bringing its total holdings to more than $6 billion.In a...
Tether moving into infrastructure, energy production, CEO Ardoino says
Paolo Ardoino became CEO of Tether on Dec. 1, moving up from the position of chief technology officer, which he...
Binance VIP traders got sneak peek of US settlement: Report
Executives of cryptocurrency exchange Binance reportedly gave a heads-up to its top market makers regarding a potential $4.3-billion settlement with...
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Celsius Network, a cryptocurrency lending platform, might need to secure a fresh vote from creditors for its planned shift to...
Hut8 Mining operates as U.S.-domiciled entity following USBTC merger
Crypto mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have combined operations in an all-stock merger of...
SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate
Sam Bankman-Fried was reportedly worried for his safety during his pre-trial detention time at the Brooklyn Metropolitan Detention Center and...
Mastercard launches generative AI chatbot to help you shop online
Dynamic Yield by Mastercard, a digital personalization and artificial intelligence subsidiary of Mastercard, announced the launch of its Shopping Muse...
Circle denies claims of illicit financing and ties to Justin Sun
USD Coin (USDC) stablecoin issuer Circle has denied claims of illicit financing and ties to Tron founder Justin Sun in...
Microsoft to invest $3.2B in UK artificial intelligence infrastructure
Microsoft is set to launch a $3.2-billion investment in the United Kingdom for artificial intelligence (AI) infrastructure and training.This marks...
Celsius grants access to withdrawals for eligible crypto holders
Bankrupt cryptocurrency lending platform Celsius has started withdrawals for select users in a crucial development for the company and its...
Hong Kong Securities Association suggests ICO to boost island’s economy
The suggestion that Hong Kong could make an “Initial Coin Offering” (ICO) appeared in a list of propositions formulated by...
Digital Canadian dollar fails to impress despite high awareness
A recent public consultation on Canada’s central bank digital currency (CBDC) initiative revealed an overall negative sentiment from Canadians, confirming...
Sam Altman officially returns to OpenAI as Microsoft finally joins board
Sam Altman, one of the founders of OpenAI, has officially returned to office as the firm’s CEO, ending a whirlwind...
Binance will end support for BUSD stablecoin in December
Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following...
Jack Dorsey wants to decentralize Bitcoin mining with new investment
Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey is backing a new BTC mining pool to help miners...
Poloniex prepares to resume withdrawals after $100M hack
Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack on Nov. 10.Poloniex took to...
