Big Crypto Game (CRYPTO) News

US officials arrested a former officer at Coinbase for conducting insider trading. According to a release by the US Department of Justice, there are three charges in the first crypto insider trading tipping plot. The document says the former employee Ishan Wahi together with his brother Nikhil...

Taiwanese regulators plan to ban the use of credit cards for cryptocurrency purchases. Local media reports that the Financial Supervisory Commission sent a letter to the Association of Banks saying that virtual currencies are highly speculative and risky. They added that the cash flow is complex...

U.K. financial regulators are proposing rules on stablecoins. Financial services and markets bill will be presented to parliament. Previously, in April, the U.K. Treasury announced goals to turn the country into a crypto hub. The new rules would allow consumers to make payments with stablecoins....

Edward Dowd, ex officer at leading management corporation BlackRock, finds that Bitcoin will enter everyone's wallet. In a recent interview, he said Bitcoin may beat gold if it keeps maturing. According to Dowd, the cryptocurrency may achieve that due to its ability to be traded digitally and other...

In the last 24 hours, the overall cryptocurrency market cap increased by around 0.4%, reclaiming $1 trillion. This indicator set a record high in the fourth quarter of the last year, hitting $3 trillion. Currently, Bitcoin trades at around $21,700 with a market cap of over $416 bln. Ether's price...

De Nederlandsche Bank fined Binance $3.4 M in the country for offering services while not being registered. A statement by the regulator says Binance took advantage of not paying taxes to the bank and escaping regulation payments. The authority says Binance had been violating the rules for a while,...

SEC chairman Gary Gensler said in a recent interview with Yahoo Finance that the agency has a disclosure regime, according to which crypto lending and trading companies need to communicate with the SEC. He also mentioned that regulators can tailor disclosure rules. Gensler noted that maybe not all...

The US public now has the opportunity to express their opinions on crypto industry rules. Earlier in May, the president ordered federal agencies to start designing a crypto regulations framework. Recently, the Treasury published a release that says interested members of the public can take part in...

The European Central Bank released a new report on the crypto industry mentioning the risks related to stablecoins, DeFi, and climate impact. According to the ECB, the rise of crypto presents risks to financial stability and may reach a systemic threshold. To prevent the associated consequences,...

According to a survey by MLIV Pulse, Wall Street expects that the crypto decline will continue. 60% of 950 investors see the Bitcoin price to fall to $10,000 and not to grow. 40% of them expect BTC to increase to $30,000. The survey shows that opinions over cryptos are extremely different. 28% of...

Canadian businessman Kevin O’Leary predicts a crypto panic attack. Talking about crypto decline during an episode of "Meet Kevin", the executive said he doesn't believe that we have seen the bottom of the crypto market yet. According to him, the bottom will come when some of the “big...

DeFi portfolio manager KeyFi accuses Celsius of being a fraud and a Ponzi scheme. Ex investment manager at Celsius, Jason Stone, sued the lending protocol, inflated the price of its native coin CEL, and failed to hedge risk. Currently, Stone is CEO and co-founder at KeyFi. According to the legal...

Galaxy Digital CEO Mike Novogratz said in an interview with Squawk Box that the crypto sector is close to the bottom after massive leverage positions were liquidated. He predicted that the market is close to the bottom. Novogratz assumes however, that the volatility will continue until a bullish...

In a Bitcoin Reserve Podcast, Prince Philip Karadjordjevic of Serbia & Yugoslavia shared his thoughts on how bitcoin can improve society and governments predicting that monarchies will soon adopt bitcoin. Philip Karadjordjevic, a Bitcoin maximalist, assumes that soon an Arab monarchy or a...

Changpeng Zhao (CZ), the Chief Executive Officer of the largest crypto exchange platform Binance met with the Ivory Coast's (Côte d'Ivoire) president Alassane Ouattara. They discussed economic and financial aspects related to crypto. CZ tweeted that Africa is primed for crypto adoption with...

American TV host Jim Cramer assumes that cryptos will continue to drop and finds they have no value. He has changed his mind about crypto many times. At CNBC’s Squawk Box, Cramer shared his views on the performance of different asset categories including cryptocurrencies for this year. He...

Voyager becomes the second large cryptocurrency company to submit a file for bankruptcy. On July 5, the firm applied for Chapter 11 which enables a company to continue to run its business and modify collateral obligations. Chapter 11 is the most complex form among the bankruptcy processes....

Crypto investment company Three Arrows Capital filed for Chapter 15 Bankruptcy. The legal filing enables a foreign debtor to file for bankruptcy in the US court system. Businesses or people having assets in more than one country use Chapter 15 for insolvencies. A few days earlier, a court in the...