Former Alameda Research CEO Caroline Ellison has engaged a former official of the Securities and Exchange Commission (SEC) and law firm WilmerHale to defend her in connection with the continuing investigation into the fatal demise of the cryptocurrency exchange FTX and its trading business Alameda Research. While at the SEC,
After failing to get enough traction in the Deputy Chamber, the Paraguayan cryptocurrency bill that had been submitted to Congress in 2021 was eventually placed on hold. After President Mario Abdo blocked the proposal in September, proponents couldn’t muster the support they needed to overturn the veto. Paraguay’s senate has
On Thursday, the Ren Protocol team advised users of the Alameda-backed cryptocurrency that they may lose their funds if they did not take quick action. According to the cross-chain bridge, the Ren 2.0 update to the current product (Ren 1.0) could not be backwards compatible. To avoid “losing them,” Ren
According to Tass, the Russian Ministry of Internal Affairs (MVD) has given its employees access to a new digital platform. It is named “Personal account of a law enforcement agency.” The government agency was told by the ministry that it is now utilizing the new technology. To determine who owns
As time goes on, Ripple’s On-Demand Liquidity (ODL) is becoming more popular in the Latin American cross-border settlement corridor. Bitso, the biggest cryptocurrency platform in Latin America and a client of Ripple, has partnered with remittance service Felix Pago. To allow crypto-powered transfers between the United States and Mexico to
The CEO of cryptocurrency news site The Block, Michael McCaffrey, resigned when it was revealed that the business had received an undisclosed investment from former FTX founder Sam Bankman-Fried, according to a report by Axios. McCaffrey, who became CEO in April of 2020, has also resigned from the board of
Decipher 2022, a second annual gathering of the Algorand foundation held in Dubai was a massive success. The active community engagement portrayed confidence in the existing blockchain technology. Following below is an exclusive interview of delegates conducted by TheNewsCrypto. About Daria Yakovleva Daria Yakovleva is the CEO of Cometa, a
On December 1st, Symbiont filed for Chapter 11 bankruptcy. After having joined the rush of businesses over a decade ago. Aiming to introduce crypto’s underlying blockchain technology into conventional finance. In a petition with the United States Bankruptcy Court for the Southern District of New York. The corporation said that
The decentralized autonomous organization that runs Uniswap, one of the most popular decentralized places to trade cryptocurrencies, is holding a vote on a set of governance reforms that the Uniswap Foundation claims would simplify voting. According to a post by the foundation’s executive director Devin Walsh. Uniswap will hold a
The government of the United Kingdom has proposed over thirty changes to financial regulation, some of which include the expansion of tax benefits for investment managers to include crypto assets. To replace EU law in areas like disclosure for financial products, the so-called “Edinburgh Reforms” ease ring-fencing capital regulations to
