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Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

Jump Crypto has been granted access to confidential documents in the SEC vs. Terraform Labs case, allegedly implicating them in the TerraUSD devaluation and Terra's collapse.

Argentina Halts Crypto Operations Undertaken by Financial Institutions

Argentina Halts Crypto Operations Undertaken by Financial Institutions

Days after Argentina’s largest private bank Banco Galicia opened crypto trading services, the nation’s central bank cracked the whip by banning financial institutions from carrying out crypto transactions.

Taliban Launches Crackdown on Crypto Use in Afghanistan

Taliban Launches Crackdown on Crypto Use in Afghanistan

The Taliban seized control of Afghanistan one year ago. The Afghanistan's ruling group has started a crypto crackdown. So far, 13 people have been detained and more than 20 crypto exchanges have been shut down.

Bitcoin Is Working Despite Broad Market Downturn, Says El Salvador FM

Bitcoin Is Working Despite Broad Market Downturn, Says El Salvador FM

Alejandro Zelaya has defended El Salvador’s Bitcoin plan. According to the finance minister, the plan is working amid challenges posed by the market crash.

Bank of England Solicits Funds to Enhance Crypto Crackdown

Bank of England Solicits Funds to Enhance Crypto Crackdown

The Bank of England, through the Prudential Regulation Authority (PRA), is looking to raise as much as £321 million ($419 million) from the commercial institutions as it is planning to shore up its regulatory efforts in the digital currency ecosystem.

Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading

Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading

On 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry veterans, Cerus Markets plans to revolutionize the way people trade cryptocurrencies.

Estonia Shuts Down Crypto Firms

Estonia Shuts Down Crypto Firms

Nearly 400 virtual asset service providers (VASPs) have shut down in Estonia due to enhanced Anti-Money Laundering laws. The Financial Intelligence Unit (FIU) revoked the authorizations of almost 190 firms for non-compliance. The remaining 100 active crypto firms had issues with misleading company information, including falsified professional backgrounds and copied business plans.

Jim Cramer Sold Most of His Bitcoin Holdings but Willing to Buy Again If Prices Fall to Near $10,000

Jim Cramer Sold Most of His Bitcoin Holdings but Willing to Buy Again If Prices Fall to Near $10,000

CNBC host Jim Cramer said he is willing to purchase buy Bitcoin again if its price fall to near $100,000, he has revealed has sold nearly all of his Bitcoin holdings due to recent cyberattacks and China’s crackow on crypto.

China’s Guangdong Province Orders Fresh Crackdown on Bitcoin Mining

China’s Guangdong Province Orders Fresh Crackdown on Bitcoin Mining

Guangdong regulators have revamped a new mechanism for investigations and confiscations of crypto mining activities.

Kazakhstan Energy Ministry Cracks Down on Illegal PoW Mining

Kazakhstan Energy Ministry Cracks Down on Illegal PoW Mining

The Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan has taken a more aggressive approach to curb PoW mining in the country.

Silvergate Loses Additional Ratings From Moody's

Silvergate Loses Additional Ratings From Moody's

Cathy Wood's ARK Invest sold over 400,000 Silvergate Capital shares for $4.3 million. Reports say Silvergate Bank lost $718 million liquidating loans to meet $8.1 billion in withdrawals. Moody's Investors Service downgraded Silvergate and the bank due to the bank's predicament.

Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors

Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors

Stone Ridge’s Bitcoin Futures Fund suffers losses triggered by market downturn and competition.

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