Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Coin Cloud had been seeking additional financial support from Genesis Global Trading even though the latter was struggling to pay its creditors.
However, some analysts believe the new Google AI-powered Bard will outshine its competitors like Microsoft by a huge margin in the future.
Sources familiar with the matter said that Deutsche Bank is looking to invest in German crypto firms along with a potential collaboration with Mike Novogratz’s Galaxy Digital.
Data from an official digital rupee application by the ICICI Bank shows that the pilot program is full and is not taking any more users.
Previously, SEC Chairman Gary Gensler noted that assets that can be staked fall under securities based on the Howey test.
On the financial outlook for the year, Robinhood expects its full-year total operating expenses to fall between $2.375 billion and $2.515 billion.
The firm’s chief financial officer Michael Linford explained that the decision was taken to reach the profitability figures in the future.
Binance might be ready to take on a more active role in coming regulations.
Even though Kraken CEO Dave Ripley does not consider it necessary to register with the SEC, Gary Gensler calls for crypto platforms to do so.
Some partners at the law firms involved in FTX’s bankruptcy proceedings have charged a hefty fee north of $10,000 even for a single day’s work.