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Binance Sued by the CFTC

The CFTC filed a 74-page complaint against Binance today at the U.S. District Court for the Northern District of Illinois. It claims the company is engaging in jurisdictional arbitrage in...

Do Kwon Faces New Charges in U.S. and Montenegro

Do Kwon is being accused by U.S. prosecutors of committing commodities fraud, securities fraud, wire fraud, and engaging in market manipulation. Eight Counts of Fraud Do Kwons legal troubles keep...

Terra’s Do Kwon Arrested in Montenegro

Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be hiding in Serbia. Six Months on the Run The law has finally...

Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil

Despite Silicon Valley Banks implosion, the Federal Reserve has elected to keep tightening monetary conditions in the United States. 4.75% to 5% range The Federal Reserve is pushing on in...

Governor Ron DeSantis Wants to Outlaw CBDCs in Florida

Florida Governor Ron DeSantis is looking to take steps to prevent residents of the Sunshine State from having CBDCs imposed on them. Surveillance and Control Central bank digital currencies are...

Flagstar Acquires Signature Bank—Except for its Crypto Business

Flagstar is taking over Signature Banks operations, but crypto companies may no longer be able to use the institution, the FDIC implied in its press release yesterday. Digital Banking Business...

Arbitrum Airdrop Finally Announced

After months of feverish anticipation, Arbitrum is finally ready to airdrop a native tokenARB. Heres what you need to know. Airdrop Claimable by March 23 The Arbitrum community is rejoicing....

House Majority Whip Questions FDIC Over Crypto Banking “Purge”

Rep. Tom Emmer sent a letter sharply questioning FDIC Chairman Gruenberg following reports that federal regulators were attempting to cut off the crypto industry from the banking sector. A Lazy...

Binance Halts GBP Deposits and Withdrawals

Only a month after halting U.S. dollar bank transfers, Binance is now being forced to cease processing British pound deposits and withdrawals as well. Only 1% of Users Impacted Crypto...

Circle’s USDC Regains $1 Peg After Tumultuous Weekend

After breaking its peg over the weekend and trading as low as $0.87, Circles USDC stablecoin is now at $1 again. 1 USDC for $0.87 All eyes are on USDC...

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