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Tag Archives: News

DOJ Arrests Man Who Reportedly Stole $9 Million Worth of Crypto

The U.S. Department of Justice (DOJ) has arrested security engineer Shakeeb Ahmed for engaging in the $9 million theft of an unnamed decentralized crypto exchange (DEX). The DOJ Has a Suspect The DOJ alleges Shakeeb created fake pricing data to generate fees through the exchange, which later allowed him to make ongoing withdrawals. He was arrested in mid-July of this year – approximately 12 months after he took part in the attack – following several days of...

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Timothy Massad: America Needs Crypto Regulation NOW

Former heads of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) Timothy Massad and Jay Clayton feel the U.S. is seriously falling behind when it comes to crypto regulation, and they’re calling for legislators to step up and create valid rules once and for all. Timothy Massad on the Lack of Crypto Regulation Right now, the U.S. is arguably one of the worst places for crypto activity. This largely has to do with the...

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Bitcoin Price Falls 11% while Key Indicator States BTC Is at Most Oversold Level since Covid 2020 Crash

[unable to retrieve full-text content]CoinspeakerBitcoin Price Falls 11% while Key Indicator States BTC Is at Most Oversold Level since Covid 2020 Crash The price of Bitcoin is struggling to maintain momentum and has succumbed to several macroeconomic factors over the last week. Bitcoin Price Falls 11% while Key Indicator States BTC Is at Most Oversold Level since Covid 2020 Crash

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Baidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising

[unable to retrieve full-text content]CoinspeakerBaidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising The CEO of Baidu disclosed that the company saw accelerated revenue and profit growth in the Q2 of 2023 due to the good performance of the online marketing business and operating leverage. Baidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising

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It’s Official; the Winklevoss Twins Are Suing Digital Currency Group

Following a lot of legal back-and-forth jabber, the Winklevoss Twins of the Gemini exchange in New York are moving forward with their lawsuit against Barry Silbert and his company Digital Currency Group. The Twins allege that the firm and its CEO Silbert engaged in massive fraud. The Winklevoss Twins Are Taking DCG to Court The problems stem from a program introduced by Gemini called Earn, which allowed users to loan their assets to Genesis, a division of the...

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Komainu, Nomura’s Crypto Joint Venture with Coinshares and Ledger, Wins Dubai License

[unable to retrieve full-text content]CoinspeakerKomainu, Nomura’s Crypto Joint Venture with Coinshares and Ledger, Wins Dubai License As Komainu secures Dubai's VARA license, it can offer a wide range of custody services, including collateral management and institutional staking. Komainu, Nomura’s Crypto Joint Venture with Coinshares and Ledger, Wins Dubai License

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