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The leading trading platform, Robinhood Markets, revealed in its most recent 10-K filing that the U.S. Securities and Exchange Commission (SEC) issued an investigative subpoena regarding its crypto operations. The brokerage received a subpoena from the SEC in December, just after the crypto exchange FTX filed bankruptcy protection on November
Creators of the Bored Ape Yacht Club (BAYC), Yuga Labs, have unveiled a brand-new NFT collection on Bitcoin named “TwelveFold.” 300 limited-edition works of generative art, each inscribed to the Bitcoin network, will make up the TwelveFold collection. Introducing TwelveFold. A limited edition collection of 300 generative pieces, inscribed on
Following a catastrophic 2022, Bitcoin and other major cryptocurrencies started 2023 on a high note, reaching their highest values in months in January as U.S. inflation continued to fall. The aftermath of the FTX cryptocurrency exchange’s demise continued in January when crypto lender Genesis declared bankruptcy. Nonetheless, the Biden administration
The Rock Trading (TRT), a prominent crypto exchange in Italy, emailed its customers on February 17 to inform them that it was experiencing liquidity concerns and would be “interrupting” its operations. The email read: “The company is conducting internal audits to identify the causes of the problem and evaluating the
NanoLabs, the firm behind the Nano (NANO) digital currency, has filed a lawsuit against Coinbase for trademark infringement. NanoLabs claimed trademark infringement on February 24 in a lawsuit filed in California’s Northern District Court against Coinbase over the latter’s Nano Bitcoin futures contract and Nano Ether futures contract. Moreover, NanoLabs
Whilst widespread adoption is a stated objective in the blockchain sector, educating the general public about Web3 might be challenging. With its new Create Web3 Dapp, or CW3D, platform, Alchemy intends to increase interest in decentralized technologies. Product Manager at Alchemy Elan Halpern stated: “Our overall mission and vision is
Jake Paul, a former YouTube star who chose to pursue a future in boxing, was defeated by Tommy Fury on Sunday night by a split decision. Paul has since apologized to Aubrey Drake Graham, a Canadian rapper who lost $400,000 in Bitcoin betting on Paul’s battle with Tommy Fury. Earlier
According to court documents released on Wednesday, a federal judge rejected a class action complaint that claimed investors on Maker, one of the major decentralized finance protocols, lost almost $8 million due to the platform misrepresenting dangers. Over-collateralized debt positions on the Maker platform were allegedly portrayed as more safe
DZ Bank is a subsidiary of Volksbanken Raiffeisenbanken, one of Germany’s major banking conglomerates. It has announced that it would use a platform developed by fintech company Metaco. To provide services related to digital currencies and crypto securities to institutional customers. Moreover, DZ Bank, Germany’s second-largest bank in terms of
The U.S. Federal Reserve published a fresh statement on Thursday. Alerting banks of the dangers associated with trading in cryptocurrency and similar assets. Continuing its intensified scrutiny of the cryptocurrency sector. The statement warned that banks face greater risks of running dry of cash. Because of the volatility of deposits
