
May 2nd, 2025
Crypto lender Voyager Digital announced bankruptcy last year in July.
Bitcoin price has gained nearly 50 percent YTD, significantly contributing to Coinbase shares rallying over 72 percent since the calendar flipped.
Despite the scare from regulators, many still attest to the fact that the crypto market will play a crucial role in the future of finance.
Alex Spiro argues that the Elon Musk – SEC deal is moot following the Tesla CEO’s securities fraud trial victory.
Paxos has facilitated the redemptions of about $2.8B in BUSD since halting new mints on February 21.
The SEC crackdown on the crypto space has dampened sentiments among institutional market players. Bitcoin-related investment products saw the highest outflows.
Only time will tell now whether or not the SEC will heed caution to proceed with its Paxos crackdown or not.
The compromised Red Cross account stated that Ripple CEO Brad Garlinghouse has initiated an XRP airdrop.
The CFTC has accused Vista and its CEO Armen Temurian of soliciting over $7 million of customers’ cryptocurrency and misappropriation.
VeVe co-founder Dan Crothers noted that he’s enthusiastic about giving Lamborghini fans a new way to experience their favorite sports car.
Binance has been on the receiving end of several investigations in the United States.
In its defense of the attributes of stablecoins, Coinbase pointed out the core uses of the tokens. The exchange said they find immense uses in circumventing the inefficiencies in the traditional banking world.
Coinbase CEO said the team is prepared to defend itself in court if it comes to it.
Binance CEO Changpeng Zhao has stated that BUSD’s regulatory issues might trigger an exodus to non-dollar stablecoins like the euro and yen.
Civil proceedings from CFTC and the SEC will now have to wait.