The Commodity Futures Trading Commission (CFTC) of the United States is advising lawmakers to grant regulators the authority to examine the books of any firm seeking to acquire a significant interest in any registered market player. Commissioner Kristin Johnson has proposed that Congress pass legislation to close the current oversight
According to court documents, the bankrupt crypto exchange FTX owes money to several companies, including Apple, Binance, Coinbase, Netflix, and more. At a hearing in early January, Judge John Dorsey, who is dealing with the case, ordered the identities of specific creditors to stay hidden for three months, but he
The global crypto market has soared. As the layer1 proof-of-stake (PoS) cryptocurrency, Aptos ($APT) continues to benefit from the recent rally. According to CoinGecko, $APT hit a new all-time high (ATH) of $19.92 on 26th January with notable price surges. Despite the challenges that appeared by the bearish in the
As the cryptocurrency market began to rebound in January, Dogecoin also saw a 30% increase in value. The price of DOGE has dropped somewhat over the last two days due to a general market selloff but gained little momentum today. Also, owing to traders’ lack of interest, whales have been
In its most recent financial report, published on Wednesday, Tesla said that it had neither acquired nor sold any Bitcoin in the fourth quarter of 2022. However, the electric vehicle maker recorded $34 million in impairment charges as the value of its Bitcoin assets fell to $184 million from $218
The Dutch central bank (DNB) has fined Coinbase, the leading cryptocurrency exchange in the United States, 3.3 million euros ($3.6 million) for failing to get the necessary registration before offering crypto services in the Netherlands. The DNB said that it had considered Coinbase’s prominence as a cryptocurrency exchange and the
The direction of American consumer activity has been closely watched by economists. Who were waiting for today’s data to see what they reveal. The latest Gross Domestic Product (GDP) Report confirms that the U.S. economy grew at an annualized rate of 2.9% in the fourth quarter, above analysts’ estimates. The
First-of-its-kind investable asset supports Public’s mission to make more asset classes available to more investors NEW YORK–(BUSINESS WIRE)–Public.com, an investing platform that lets members invest in stocks, ETFs, crypto, and alternative assets, debuts a first-of-its-kind alternative asset, The Rare Sneaker Portfolio. This asset bundles together 77 pairs of iconic and
This past Wednesday, the Robinhood Exchange’s Twitter account was compromised by hackers. Hacked account promoted fake PancakeSwap decentralized exchange selling crypto tokens and NFTs on Binance Smart Chain in since-deleted tweet. Aside from Twitter, all of Robinhood’s other social accounts were hacked as well. Internet detective ZackXBT provided a scan
Another member of the Digital Currency Group (DCG) has announced layoffs, a further indicator of continued market instability that started with the Genesis bankruptcy. The Luno exchange announced the termination of almost 35% of its worldwide workforce, citing market volatility as the reason for the cuts. Consensys, the firm behind
