Crypto news

America’s 3 federal bank regulators had a clarifying message for banking organizations on Thursday: servicing the crypto industry is neither illegal nor discouraged.  That said, the institutions – including the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) – named various risks to keep in mind when interacting with the crypto sector, and which risk management practices to follow as a result.  Crypto is...

The SEC and other U.S. regulators have, in recent weeks, turned on the heat in regard to crypto exchanges – an understandable, if a somewhat brusque, response to the series of crypto bankruptcies across 2022. The latest to come under their scope is CoinEx. Selling Securities Without a License According to a press release published by the AGs’ office, CoinEx – a Hong Kong-based crypto exchange also known as Vino Global Ltd – was found to be selling cryptocurrencies that U.S....

Disgraced FTX founder Sam Bankman-Fried (SBF) is under yet another layer of legal pressure after a judge unsealed a superseding 12-count indictment against him on Thursday.  The filing adds 4 new charges to an 8-count indictment introduced in December, and includes new details regarding illegal political donations made by SBF. Straw Donor Scheme As the government alleges, Bankman-Fried “corrupted” the operations of both crypto exchange FTX and its sister trading firm Alameda...

Messari – a leading provider of blockchain research and data analysis based in South Korea – added its name to the long list of crypto-focused companies that axed their workforce due to the harsh macroeconomic environment. It laid off 15% of its staff, believing this was the right step for the long run. Ryan Selkis – Founder and CEO of Messari – announced the news on Twitter, asserting that the company will help departing employees with their transition to other...

FTX – the now defunct crypto exchange that was previously run by founder and head executive Sam Bankman-Fried – is suing former crypto lending platform Voyager Digital for nearly $500 million. FTX and Voyager Are Now at Odds Voyager Digital filed for bankruptcy back in the summer of 2022. The company collected (allegedly) nearly $250 million from the former digital exchange in September, plus an additional $194 million about a month later. FTX also made interest payments...

STX – the native token of the Stacks network – has soared by a whopping 160% in the past seven days.  One possible reason behind the significant surge could be the connection between the asset and one of the recent trends in the cryptocurrency space – the Bitcoin NFTs through the Ordinals protocol. The financial services platform – Matrixport – predicted that STX could rally even more in the near future. The primary reason is the rapidly increasing number of newly-minted...

[PRESS RELEASE – Please Read Disclaimer] The partnership will enhance the efficiency of DeFi farming and improve the security of Ethereum staking February 23, 2023 – OKX Wallet, a leading self-custody solution for digital assets in Web3, today announced a strategic partnership with Rocket Pool to enhance the efficiency of DeFi farming and improve the security of Ethereum staking. Rocket Pool, the first decentralized, trustless ETH 2.0 Proof of Stake Protocol, has integrated...

[PRESS RELEASE – Zurich, Switzerland, 23rd February 2023] Cookielabs, a web3 and DeFi advisory firm founded by Özcan Köme, is proud to announce its membership into the Crypto Valley Association (CVA) Switzerland. This membership represents a significant milestone for the company and its founder. Being one of the first independent Bitcoin Suisse affiliate partner back in 2016, Özcan Köme played a significant role in the early stages of the crypto industry. By hosting...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.