Sat, February 7

CFTC’s Control Over Stablecoins Should Be Strengthened, Says Gensler

As per Gensler, the control over stablecoins will reduce the risk to the financial system. Gensler says the CFTC lacks the direct authority to impose regulations over stablecoin issuers. According to Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), the U.S. Congress should give more authority

October 15, 2022 2 mins read

Elon Musk Is Under Investigation Over a $44 Billion Deal, Says Twitter

As per Twitter, Elon Musk is being investigated for his deal of Twitter acquisition. Musk jokingly claims he is selling “Burnt Hair” perfumes to pay for the Twitter purchase. The Tesla Inc CEO, Elon Musk is currently under investigation by US federal authorities for his conduct in connection with the

October 14, 2022 2 mins read

Elon Musk Turns Into “Perfume Salesman” to Win Over Twitter Deal?

Elon Musk recently launched his perfume brand which can be purchased with DOGE. Musk is expected to finalize a $44 billion acquisition of Twitter on October 28. Following Elon Musk’s recent announcement regarding the launch of his newest perfume, ‘Burnt Hair,’ thousands of perfume bottles were sold and earned millions

October 13, 2022 1 min read

JPMorgan Chase Terminated Its Banking Relationship With Yeezy

It is unknown why JPMorgan Chase has decided to end its banking relationship with Yeezy. Ye has recently criticized his relationship with the financial institution. JPMorgan Chase has officially ended its banking relationship with Yeezy after weeks of contentious news headlines and negative backlash. From sporting White Lives Matter T-shirts

October 13, 2022 2 mins read

SEC Launches Probe Into Yuga Labs Over BAYC NFT Sales

The commission is also looking into the ApeCoin distribution. The 24-hour floor price of BAYC NFTs has dropped by almost 3%. In an effort to exert more control over the digital assets sector, the US Securities and Exchange Commission (SEC) has decided to increase regulatory oversight. The Commission has accused

October 12, 2022 1 min read

Elon Musk’s Boring Company to Accept Dogecoin Payments

Elon Musk’s Boring Company now accepts Dogecoin as payment. Tesla already accepts DOGE for some merchandise. Elon Musk’s underground tunneling system company, The Boring Company, has expanded its operations by launching a new perfume. Musk recently revealed in a tweet that the Company has launched an unusual product, a fragrance

October 12, 2022 1 min read

Celsius Requests the US Court to Schedule the Bar Date

Celsius asked the court to schedule the bar date, which is the deadline for clients to submit proof of claim. The proof of claim form is accessible through the Stretto website. Celsius Network, the crypto lending platform has a recent update to its customers on the proof of claim process

October 12, 2022 2 mins read

DeFi Firms Sets a Brand-New Record With Four Hacks in a Day

Temple DAO, a DeFi protocol, was hack and lost more than $2.3 million. Mango Market, a platform based on Solana, lost $100M as a result of a hack. Crypto hacking has been the most tragic thing to happen in the crypto market. The prominent Binance exchange also hacked on October

October 12, 2022 2 mins read

Russia Tags Meta (Facebook) as Terrorist and Extremist Group

The article also made accusations of “Russophobia” on behalf of the Meta.  Meta appealed the decision in a Moscow court. Their appeal, however, was denied. Russia’s conflict with the West has reached a new level of intensity. Federal Financial Monitoring Service Rosfinmonitoring has classified the social networking business Meta as

October 11, 2022 2 mins read
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