Overview of Terraform Labs Settlement Terraform Labs, the company behind the failed TerraUSD and Luna cryptocurrencies, has reached a settlement with the U.S. Securities...
Key Takeaways Robinhood to purchase European cryptocurrency exchange Bitstamp for about $200 million Deal to expand Robinhood’s cryptocurrency and international business Regulators scrutinizing Robinhood’s...
Key Takeaways Bitcoin’s price surged to nearly $70,000 following positive inflation data for May. Market participants view cooler inflation data as a sign that...
Key Takeaways The bitcoin price fell below $67,000 on Tuesday morning. Tomorrow’s CPI data release and Federal Reserve meeting could further impact the bitcoin...
Key Takeaways Bitcoin’s market capitalization exceeded $1 trillion, reaching levels not seen since December 2021. The cryptocurrency now competes with major global technology companies...
Overview of JPMorgan Chase CEO’s Statements on Cryptocurrency JPMorgan Chase CEO, Jamie Dimon, has been vocal about his skepticism towards cryptocurrencies over the years....
Key Takeaways Binance, the world’s largest cryptocurrency exchange, has agreed to pay a $4.3 billion settlement for criminal money laundering charges. Binance founder Changpeng...
Key Takeaways Amid concerns over the stability of the cryptocurrency market, U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam has emphasized the urgent...
Introduction Sam Bankman-Fried, the “King of Crypto”, founder and former CEO of FTX, has been found guilty on multiple counts following a trial that...
Key Takeaways FTX plans to refund up to 90% of distributable assets to customers in bankruptcy proceedings. Actual recovery for customers may be lower...
PayPal Launches PayPal USD Stablecoin Digital payments company PayPal has recently introduced its own U.S. dollar-pegged stablecoin named PayPal USD. This move makes PayPal...