The United States Department of Treasury and Internal Revenue Service (IRS) have filed 45 claims worth $44 billion against bankrupt cryptocurrency exchange FTX and its subsidiaries. The claims were fi...
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Robinhood’s net revenue quadruples amid tight rate hikes
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Federal Reserve (Fed) has been raising its interest rates for the tenth consecutive time since March 2022. Accor...
Marathon Hit with SEC Subpoena in Montana Data Center Probe
Marathon Digital on Wednesday disclosed the receipt of a new subpoena from the Securities & Exchange Commission, directly tied to an ongoing investigation into its Montana-based data center. ...
IRS Files 45 Tax Claims Against FTX & Subsidiaries Totaling $44B
The IRS is claiming $44 billion in taxes relating to FTX, Alameda Research, and its subsidiaries. The filing of taxes under administrative priority means that the claims supersede those of the credito...
Binance’s Market Dominance Crashes by 50% Amidst Zero-Fee Trading Halt
Binance finds itself embroiled in a battle to maintain its dominance as its market share takes a dramatic hit. The company, renowned for its global influence now commands a mere 50% of the spot market...
3 takeaways from the European Union’s MiCA regulations
The European Union has become the first major jurisdiction to pass a comprehensive crypto law, the Markets in Crypto-Assets (MiCA) regulation, which aims to provide legal certainty for the crypto indu...
SORA CARD Sign-Ups Now Live: SORA Enables The Fusion of TradFi and DeFi
The SORA Community has announced that sign-ups for SORA CARD will be live on May 17, 2023. The SORA Card will officially launch in coming days, date for which is yet to be announced. SORA Card provide...
Cosmos (ATOM) Price Soars 6% After a New Protocol Integration
16 seconds ago | 2 mins read Altcoin News The first consumer chain, Neutron, has joined the ATOM economic zone. After the Neutron launch, Cosmos price climbed by about 7%. Cosmos (ATOM) is managing to...
Coinbase Mentions PEPE as “Hate Symbol” Triggering the Community
14 seconds ago | 2 mins read Exchange News “Coinbase Bytes,” an email sent to exchange customers, landed in controversy. Pepecoin fans and holders are not quite happy with the exchange’s statement. C...
FTX Group Hit With Tax Claims Worth Over $40 Billion
In a stunning development in the FTX Group’s drawn-out bankruptcy case, the IRS has recently filed claims against the default entity that dwarf any prior ones and cast doubt on its prior idea of re-op...
Ripple Policy Head Says US Regulatory Paralysis Impacts Investment Loss
US regulatory paralysis drives crypto industry players to Europe, warns Ripple Policy Head Susan Friedman, highlighting the impact on jobs and investment loss. According to experts, the absence of rul...
Ripple Exec Bids For EU’s MiCA Amid US SEC Crackdown; Ripple Moving Out?
Ripple News: The Wall Street’s main regulator, the Securities and Exchange Commission (SEC) has been on a mission to regulate digital assets. However, crypto linked firms have alleged that the commiss...
Bloomberg Strategist Warns of An Impending Recession: ‘We’re Going to See a Bear Market..’
According to Bloomberg’s macro strategist, Mike McGlone, cryptocurrency traders may begin investing in non-digital assets as a result of an impending recession. McGlone believes that the bear markets ...
Polygon Bridge TVL Increases by 52% In a Single Day: Report
Tom Wann, a research analyst, tweeted this morning that Polygon’s Bridge TVL increased by 52%. According to Wann, this recent TVL spike is due to MATIC and Lido Staked MATIC (stMATIC). At press time, ...
Binance’s PoR System Promotes Transparency
The post Binance’s PoR System Promotes Transparency appeared first on Coinpedia Fintech News Binance, the largest crypto exchange, released its Proof-of-Reserves system to demonstrate its ability to c...
#Deletecoinbase Trends As Coinbase Calls Pepe a “Hate Symbol”
The post #Deletecoinbase Trends As Coinbase Calls Pepe a “Hate Symbol” appeared first on Coinpedia Fintech News The “meme-coin of the moment,” according to Coinbase’s most recent ema...
Tether Excess Reserves Reach New Peak of $2.4 Billion
The world’s leading stablecoin issuer Tether claims that its excess of reserves has reached an all-time high. In its first quarterly assurance report released on May 10, Tether reported an increase in...
Cardano-Based DeFi Protocol Suffers Discord Server Hack
Alex Dovbnya Cardano-based DeFi protocol Liqwid Labs has suffered a Discord server hack that resulted in the compromise of an admin’s user token and the creation of malicious accounts and spam m...
Zaradar Says Terra Classic (LUNC) Could Drop 81% if This Happens
According to the former Terra Classic L1 team member, LUNC could plummet to its all-time low (ATL) value if the prevalent selling pressure drops Bitcoin (BTC) to $22,500. Tobias Andersen, a senior sof...
LunarCrush Adds Shiba Inu To its Trading Platform Amid High Social Engagements
LunarCrush adds Shiba Inu to its trading platform due to high social engagement levels. LunarCrush, a renowned social intelligence platform, announced the addition of Shiba Inu to its trading platform...
Why You Must Participate In The Metropoly Presale?
The trend of investing in the new cryptocurrencies has dynamically increased in recent years. Investors are leaning toward some of the most promising projects, which offer unique value propositions. M...
Coinbase Receives Backlash For Calling PEPE A “Hate Symbol”
Crypto exchange Coinbase sent emails to its users about Pepe Coin (PEPE) frenzy and meme coin trading reaching a two-year high. While Coinbase referred to Pepe the Frog meme-based PEPE token as “the m...
Marathon Digital Subpoenaed By SEC Over Potential Securities Laws Violation
– Advertisement – The Securities and Exchange Commission has subpoenaed Bitcoin mining firm Marathon Digital. The subpoena is in relation to an investigation into Marathon’s data center i...
PancakeSwap: Contrasting metrics and the curious case of CAKE’s future
PancakeSwap v3’s transaction count increased on BNB Chain but declined on Ethereum. Though the RSI and stochastic were oversold, metrics remained bearish on CAKE. PancakeSwap [CAKE] v3’s performance ...
Flare Network Partners with Google Cloud for API Integrations
Flare Network, a Ripple-supported Ethereum Virtual Machine (EVM) protocol, has announced its partnership with Google Cloud. The collaboration integrates Flare’s API Portal with the Google Cloud ...
EOS Price Analysis: More Losses Seem Likely Below $0.92
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a fresh decline below the $1.00 level against the US Dollar. The price is now trading below $1.0...
No Competition: Yachtify (YCHT) Overtakes as Zcash (ZEC) Collapses
Zcash’s (ZEC) latest spam attack has stifled the coin’s increase, stomping some of the last expectations for the coin. Investors are pulling out their stakes to follow newer, more promising trends lik...
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
Digital Currency Group (DCG), the parent company of crypto firm Genesis Capital, has reported no solution to its “outstanding intercompany obligations” that could help reimburse creditors. In a May 9 ...
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec
OpenAI CEO Sam Altman will make his first appearance before Congress on May 16 to discuss artificial intelligence (AI) regulation in the United States during a hearing on oversight. Also testifying wi...
Grayscale Launches New Entity to Manage Funds, Eyes Expansion of ETF Offerings
Cryptocurrency asset manager Grayscale Investments announced the launch of The Grayscale Funds Trust. The new entity will allow the firm to manage many of its publicly traded financial products in-hou...
Stablecoins May Soon Be Permitted to Pay Bail Bonds in New York
New legislation has been proposed by New York state to authorize fiat-collateralized stablecoins as a form of bail. New York Assembly Bill 7024 was introduced on May 10 as an act to amend the law. Its...
IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. The United States Department of Treasury and Internal Revenue Service (IRS) ha...