The world’s largest crypto exchange has reportedly admitted that the New York Department of Financial Services has ordered Paxos to stop issuing the Binance USD (BUSD) stablecoin. BUSD is the seventh-...
Tag: Reportedly
Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves
Ad Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal reported Feb. 10. According to ...
SEC Reportedly Probes Mormon Church Over $100 Billion Investment Portfolio Allegedly Saved For ‘Second Coming Of Christ’
Topline The Securities Exchange Commission is investigating the Mormon Church over allegations it failed to disclose investments in a secretive $100 billion portfolio, the Wall Street Journal reported...
Former Alameda CEO Was Reportedly ‘Relieved’ to Leave The Firm
Caroline Ellison may leave Alameda as the FTX collapse was so chaotic. As per the FT report, Ellison felt “relieved” by an end to the chaos at FTX and Alameda. The recent Financial Times reports state...
Adani Group Reportedly Hires Top U.S. Law Firm To Take On Hindenburg As Stocks Continue To Tank
Topline India’s Adani Group has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to take on allegations against it raised by short-seller Hindenburg Research, the Financial Times repor...
SEC Reportedly Wants To Crack Down On Crypto Staking ⋆ ZyCrypto
Advertisement     As the United States regulators tighten their noose around cryptocurrency, rumours are swirling that the next target for the Securities and Exchange ...
Supreme Court Justices Reportedly Can’t Figure Out How To Adopt Ethics Code Amid Controversies
Topline The Supreme Court has been actively discussing adopting a code of conduct for at least four years but so far can’t agree on how to do it—and it’s unclear when they will—the Washington Post rep...
South Korean officials reportedly travel to Balkan nation to find Do Kwon
Two South Korean officials traveled to Serbia to track down Do Kwon. The Terraform Labs founder was last reported in Serbia after fleeing Singapore following Terra’s collapse. Two officials from South...
Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII
It has been claimed that viewers of the Super Bowl LVII, which will take place on February 12 and will feature a matchup between the Kansas City Chiefs and the Philadelphia Eagles, will not witness an...
Adrian Klemm Reportedly Rejoining New England Patriots, 23 Years After Being Drafted By Bill Belichick
Adrian Klemm served as the Pittsburgh Steelers’ offensive line coach before spending the 2022 season … [+] at the University of Oregon. (Photo by Shelley Lipton/Icon Sportswire via Getty I...
Dell Reportedly Cuts 6,650 Jobs
Tech giant Dell is laying off 6,650 workers—5% of its workforce—Bloomberg reported Monday, becoming the latest U.S. company to implement job cuts as recession fears continue into 2023. February 6Texas...
Kyrie Irving Reportedly Traded To Dallas Mavericks From Brooklyn Nets
Topline Controversial NBA player Kyrie Irving has been traded to the Dallas Mavericks, owned by billionaire Mark Cuban, several outlets reported Sunday, days after Irving—who has faced criticism for a...
Russia’s Sberbank Reportedly Developing Ethereum-based DeFi Platform
4 hours ago | 2 mins read Blockchain News The platform is now under closed beta testing as per Konstantin Klimenko. Sberbank stated in September that its platform will support the minting of NFTs. Int...
Sperax USD stablecoin reportedly hacked for $250,000
On Feb. 4, a Twitter user, Spreek, notified the community that Sperax USD (USDs) appeared to have been exploited, losing $250,000. Per his analysis, the attack drastically inflated the supply of USDs ...
Trump Faced Racketeering Probe For ‘Pattern Of Criminal Activity,’ Ex-Prosecutor Reportedly Writes In New Book
Topline Former Manhattan prosecutor Mark Pomerantz pursued a sprawling racketeering investigation against former President Donald Trump, who he likens to infamous mob boss John Gotti in a new book tha...
Indonesia’s Ministry of Trade is reportedly aiming to roll out a national crypto exchange
It has been claimed that Indonesia’s Ministry of Trade is planning to launch a national cryptocurrency exchange by June of this year. This would be six months later than the ministry’s pri...
Crypto Exchange Woes Continue: Kraken Reportedly Shutters Regional Headquarters As Bittrex Lays Off 83 Employees
A new report finds that crypto exchanges Kraken and Bittrex are downsizing amid the continued turmoil in the digital asset space. Bloomberg reports that San Francisco-based Kraken shuts down its Abu D...
Roman Reigns, Cody Rhodes Reportedly Among ‘Hot’ WWE Merchandise Sellers
Roman Reigns remains at the top of WWE’s merchandise empire. (Credit: Alex Bierens de Haan/Getty … [+] Images) Getty Images Roman Reigns and Cody Rhodes will be main-eventing WWE WrestleMa...
Credit Suisse Reportedly Assigns Zero Lending Value To Adani Group Bonds Following Hindenburg Allegations
Topline Credit Suisse has assigned zero lending value for bonds issued by Adani Group’s listed subsidiaries, Bloomberg reported on Wednesday, a move that will deepen concerns for the beleaguered India...
Twitter: Elon Musk reportedly plans to build crypto functionality to payments service
Elon Musk’s Twitter plans on bringing payment services that could add support to crypto Dogecoin registered a rise in its value following the report Dogecoin (DOGE), Elon Musk’s go-t0 cryptocurrency, ...
Trump Could Face Charges For Stormy Daniels Payments As Manhattan DA Reportedly Convenes Grand Jury
Topline A grand jury has been impaneled to determine whether former President Donald Trump committed a crime through his alleged role in making “hush money” payments to adult film actress Stormy Danie...