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Reactions to Genesis Global Trading's Bankruptcy

Reactions to Genesis Global Trading's Bankruptcy

New York crypto lender Genesis Global Trading filed for bankruptcy. Social media users weighed in. Some think bankruptcy attorneys will prosper and no one will be held responsible. Crypto lending was called "dumb" by others.

Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations

Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations

Binance Tax is offered to Binance.com customers in France and Canada, with more territories to come.

Reversing Censorship on Ethereum

Reversing Censorship on Ethereum

Ethereum presently has 47% OFAC-compliant blocks, the lowest since Oct 11.

VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai

VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai

VARA's "Full Market Product Regulations" comprise four mandatory and activity-specific rulebooks for running VASPs.

National Australia Bank to Launch Ethereum-Based Stablecoin

National Australia Bank to Launch Ethereum-Based Stablecoin

NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading.

Web2 and Web3 tools are merging as crypto-backed debit cards

Web2 and Web3 tools are merging as crypto-backed debit cards

The Bit2Me card supports eight cryptocurrencies, including BTC, ETH, ADA, and SOL, with more anticipated later this year.

LidoDAO is considering selling or staking its $30 million

LidoDAO is considering selling or staking its $30 million

LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.

CEO of Composable Finance Vigorously Refutes Allegations

CEO of Composable Finance Vigorously Refutes Allegations

Composable Finance CEO Omar Zaki denies Karel Kubat's claims that his business violated SEC cease-and-desist orders.

Silvergate Bank Probed by DOJ for Ties to FTX Exchange

Silvergate Bank Probed by DOJ for Ties to FTX Exchange

Prosecutors are investigating Silvergate's Alameda accounts.

CEO Sues Board Members for Seizing Control of Crypto Miner

CEO Sues Board Members for Seizing Control of Crypto Miner

Layer1 Technologies CEO John Harney sued two board members for profiting from mining activities.

Taurus raised $65 million

Taurus raised $65 million

Credit Suisse, Deutsche Bank, Arab Bank Switzerland, and others invested $65 million in digital asset infrastructure provider Taurus.

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.

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