Crypto firm Paxos has said it’s expecting to face charges from the Securities and Exchange Commission (SEC) over its issuance of BUSD, the Binance-centered stable coin. It is believed by the financial agency that the company has been issuing the currency as a non-registered security. Paxos Will Likely Be Charged By the SEC The New York state financial regulator has issued a cease-and-desist letter to Paxos claiming that the firm should not be providing investors with...
Read More »Bitcoin Rallies Following News on US Inflation Data for February
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Read More »The Number of Crypto Scams on YouTube Is Growing
When it comes to crypto scams, forget about romance, the dark web, or even fraudulent trading platforms. According to a new report, YouTube is the go-to tool for those looking to orchestrate digital currency schemes and steal money from unsuspecting victims. YouTube Is Becoming a Haven for Crypto Fraud The report comes by way of With Secure Inc., a digital security firm that has been monitoring the growing network of crypto fraud schemes via video platforms like YouTube....
Read More »Retail Merchants Linked to Etsy and SVB Facing Delayed Payments
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Read More »Apollo among Investors Eyeing $73.6 Billion of Loans Held by SVB
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Read More »First Republic (FRC) Shares Rebound 40% Following Monday Selloff
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Read More »Patrick Duffy Is One of Many to Have Allegedly Fallen Victim to Crypto Fraud
Patrick Duffy – a certified public accountant (CPA) – is just one of several people in the Bay Area (San Francisco, CA) that appears to have fallen victim to heavy crypto fraud purportedly being conducted by a firm known as 7 On Your Side. Patrick Duffy Has Lost Some Cash Duffy commented in a recent interview that he’s been involved in digital currency for a little while, though he hasn’t actually invested in any specific assets. Rather, he’s put money into crypto and...
Read More »Moody’s Downgrades Signature Bank to Junk while Putting More Banks Under Review
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Read More »Treasury Yields Climb amid Latest Investor Interest Rate Outlook Assessment
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Read More »GTLB Stock Drops Over 30% as GitLab Issues Misses Forecast Revenue
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