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In July, the SEC charged former Coinbase product manager Ishan Wahi and his brother Nikhil Wahi with insider trading. Nikhil confessed to at least one such crime. As U.S. Attorney for the Southern District of New York Damian Williams emphasized, Nikhil Wahi used the information provided by his brother on the future listing of tokens […]

According to The Wall Street Journal, investment giant Fidelity Investments is planning to give clients access to Bitcoin trading on its brokerage platform. Fidelity is currently working on a process to add crypto assets to more than 34.4 million individual brokerage accounts, sources familiar with the matter told the WSJ. Galaxy CEO Mike Novogratz also […]

The Blockchain Association has formed a committee to support crypto-acceptance candidates “from across the political spectrum” in the upcoming midterm congressional elections. The association said the move aims to build a crypto lobby and underscores the industry’s push for growth in Washington, where it faces misunderstandings from some lawmakers and regulators. “We plan to strengthen […]

Digital asset management platform Abra is launching Abra Bank, the first regulated crypto bank in the US to provide traditional services to the crypto sector. Abra CEO Bill Barhydt said that services such as asset storage, lending, escrow and staking have long been in demand among clients of the platform. However, unlike other crypto firms […]

Cybercrime detectives in South Florida have noticed that a growing network of crypto ATMs is becoming part of a scheme to launder the criminal proceeds of criminal groups. Miami Police concluded that the prerequisite for this was gaps in the regulation of the industry, which allow criminals to launder money received from drug trafficking, robbery […]

The Chamber of Digital Commerce (CDC), which protects the rights of investors in the United States, has accused the Securities and Exchange Commission (SEC) of unreasonable regulation of the cryptocurrency industry in the country. The CDC published a report titled “The Cryptocurrency Puzzle” in which it called on the SEC to approve bitcoin exchange-traded funds […]

The CEO of the FTX exchange, before the transition of Ethereum to PoS, noted the promise of this decision and warned of potential inevitable losses for the crypto industry. Sam Bankman-Fried stated that while the merger will be beneficial for Ethereum in the long run, it is reasonable to expect some turbulence when it happens. […]

The lawyer of the “shadow banker” has achieved in the court of Manhattan a deferral of the final verdict to his client. On September 13, the Manhattan District Court was to announce the verdict in the case of 63-year-old Reginald Fowler, accused of bank fraud, money laundering and conducting an unlicensed banking business. With bank […]

Nansen analysts worry that much of the ether staking is controlled by a small group of people at Lido Finance who are not particularly keen on asset decentralization. Most of the staking on the Ethereum network is controlled by five crypto exchanges, experts conclude. Of all Ethereum (ETH) coins in circulation, only 11% is staking: […]

International coffee chain Starbucks is launching a customer reward system using NFT. Polygon provides a blockchain for minting collectible tokens. The joint project will enable Starbucks Rewards members and US Starbucks partners to earn and purchase branded NFTs. Users will be able to earn non-fungible Starbucks tokens by completing tasks in interactive games. All planned […]