Brazilian bank suspends native crypto token trading following 97% price drop

Jack Dorsey's controversial views about venture capital and Web 3.0 triggered a flurry of responses on Twitter this week. 751 Total views 28 Total shares When you're no longer at the helm of a publicly-traded company, you have more leeway to express controversial views. Former Twitter CEO Jack Dorsey took to social media this week…

A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70 million in 2019. The whistleblower outed the scam by providing footage and internal company documents to Swedish newspaper Dagens Nyheter, which reported the news on March 1. The scam predominantly targets investors based in Australia, New Zealand and the United…

The FDIC issued a request for public input to get more information on the industry and consumers’ interests in the market. 1693 Total views 12 Total shares The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks' cryptocurrency-related activities.The FDIC is the major provider of deposit insurance to U.S.…

Yuga Labs, a firm behind the Bored Ape Yacht Club NFTs, has completed restructuring to focus on its upcoming metaverse project Otherside. 162 Total views 1 Total shares Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing challenges in the industry.Yuga Labs

A key on-chain metric that Bloomberg bets on, points to a Bitcoin bull run with possible 50% price appreciation. 688 Total views 24 Total shares June 11, the number of active Bitcoin (BTC) addresses hit 1,040,244. This is the highest number in two and a half years. Many analysts believe there may be a correlation…

According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years.

Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency. 725 Total views 18 Total shares Two weeks after Binance initially pledged to develop a proof-of-reserve (PoR) mechanism in response to the FTX liquidity and bankruptcy fiasco, it published its official response.In an announcement on the Binance…

Gary Gensler will be forced out as SEC chairman if Trump is elected — but he could remain as a commissioner to continue his anti-crypto crusade.