According to court documents, "On or about June 21, 2023, Respondent's [Prime Trust] was unable to honor customer withdrawals due to a shortfall of customer funds caused by a sizable liability on t...
Before establishing a "regulated crypto securities business," BnkToTheFuture CEO Simon Dixon revealed to Cointelegraph that he had actually tried to establish a conventional bank in 2011.
An independent auditor claims that considering the enormous effort, the fees charged by the lawyers and the restructuring team working on the bankrupt crypto exchange FTX have reached $200 million ...
Because the system is a layer-2 chain compatible with the Ethereum Virtual Machine, it may be used with networks, smart contracts, and ERC-20 tokens that are built on the Ethereum platform.
Crypto community and prominent businesses have donated over $1 million in various stablecoins and tokens to ZachXBT as the popular blockchain sleuth prepares to fight defamation charges.
Janet Yellen warned Americans to expect a decline in the dollar’s share of central bank reserves. But the decline will be far greater than she thinks, as a result of both dollar depreciation and ce...
However, Binance.US's legal representatives strongly opposed this notion, contending that imposing a complete freeze on all assets would essentially be equivalent to administering an excessively se...
Other firms have spent years trying to launch a similar product, but have continuously been denied by the SEC. By contrast, the agency has approved multiple Bitcoin Futures ETFs, which are backed b...