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Tag Archives: News

Former Head of Crypto Firm Celsius Arrested on Federal Charges

Alexander Mashinsky – the founder of bankrupt crypto lending platform Celsius – has been arrested and indicted on federal charges. Former Celsius Head Taken into Custody Celsius was founded in 2018. Things fell apart for the company last year during the height of the crypto winter. Users of the platform were shocked one day last summer to see that all withdrawals had been halted, and thus they couldn’t access their hard-earned money. Things, however, didn’t quite...

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Analysts: BlackRock is Hurting Itself by Partnering with Coinbase

As we all know by now, BlackRock – which is trying to bring a bitcoin-based exchange-traded fund (ETF) to fruition – has partnered with Coinbase in its application as a means of creating a safe custody haven for users. However, some analysts believe this move is going to come back and bite the company in the rear. Should BlackRock Find a Replacement for Coinbase? Coinbase is currently being sued by the Securities and Exchange Commission (SEC), the financial agency...

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ZTX to Build 3D Universe Atop the Arbitrum Blockchain

Crypto and fintech firm ZTX has stated it’s looking to build a new 3D virtual world atop the Arbitrum blockchain, which accounts for more than 60 percent of ETH’s Layer-2 market share. ZTX and Arbitrum… The Perfect Match? ZTX has said in this new virtual world, users can enjoy games, social interactions, and hold stakes in both economic and government activities while establishing and selling digital assets. ZTX is also a joint initiative between companies Jump...

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Binance to Suspend Crypto Debit Card Services in Latin America, Middle East

[unable to retrieve full-text content]CoinspeakerBinance to Suspend Crypto Debit Card Services in Latin America, Middle East Like other debit cards, the crypto debit card is a brainchild of Binance that allows its users to pay for day-to-day goods and services, using funds from their loaded crypto assets. Binance to Suspend Crypto Debit Card Services in Latin America, Middle East

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FTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings

[unable to retrieve full-text content]CoinspeakerFTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings Galaxy Digital will help FTX return funds to its creditors while making sure that the value of FTX's $3 billion of crypto holdings doesn't subside. FTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings

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Singapore’s Biggest Bank DBS Launches Metaverse ‘BetterWorld’ Concept to Reduce Food Waste

[unable to retrieve full-text content]CoinspeakerSingapore’s Biggest Bank DBS Launches Metaverse ‘BetterWorld’ Concept to Reduce Food Waste The 'BetterWorld' gamified experience will be accessible to the public once the Sandbox’s Alpha Season 4 is launched before the end of 2023. Singapore’s Biggest Bank DBS Launches Metaverse ‘BetterWorld’ Concept to Reduce Food Waste

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Bitstamp to End Ethereum Staking for United States Customers

[unable to retrieve full-text content]CoinspeakerBitstamp to End Ethereum Staking for United States Customers Although the application of the Howey test to staking Ethereum and many other cryptocurrencies can be complex and subject to different legal interpretations, the SEC insists that staking qualifies as an investment contract under the Howey test. Bitstamp to End Ethereum Staking for United States Customers

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