The UK passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto.
The SEC has until August 18 to officially file its motion and the defendants will have until September 1 to respond.
This week’s episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm.
Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022.
Users will still be able to deposit and withdraw USDT, DAI, and RAI after the deadline, but trading will be suspended.
Despite assurances, discrepancies between Cardano’s theoretical network capacity and its utility remain.
The lending platform halted client withdrawals amid filing for bankruptcy in November 2022, but later petitioned the court for authorization to return user funds.
Mark Smargon, CEO of Fuse, explains how blockchain-powered payments can fix the “broken traditional payment system.”
However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest the agreement.
Stablecoin operator Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, CTO Paolo Ardoino says.