PayPal Dives Into Crypto Madness With Dollar-Pegged Stablecoin
PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD. The company’s entrance into the industry…
Crypto’s Biggest Federal Villain Says AI Could Help Cause the Next Big Financial Crisis
Tech hype comes in waves, and while the focus constantly changes (first crypto, then metaverse, and now AI), some things—like tech’s critics—remain the same. SEC Chair Gary Gensler has been…
Binance Halts Trading of American Dollars on Its U.S. Exchange
Advertisement Advertisement On Monday, Binance was hit with a lawsuit from the SEC, that included 13 charges against the exchange and CEO Zhao. The lawsuit alleges that Zhao and Binance…
Feds Sue Coinbase One Day After Filing Suit Against Binance
Advertisement Second major crypto lawsuit in two days The Coinbase lawsuit marks the second SEC complaint filed against a major cryptocurrency firm in as many days. On Monday, the federal…
Ex-Coinbase Manager Gets 2 Years in Prison for Insider Trading
Federal prosecutors and the courts in New York are sounding the horn, proclaiming run-of-the-mill financial crimes also apply to digital tokens as much as fiat currency. On Tuesday, a judge…
Israel Seizes Crypto Accounts It Claims Belong to Hamas, ISIS
Photo: STRF/STAR MAX/IPx (AP) The Israeli government is taking action against crypto accounts it has deemed suspicious, closing down dozens on one of the largest platforms for the digital currency.…
Binance.US Says It’s No Longer Interested in Buying Voyager
If you’re one of the many thousands of customers from bankrupt crypto company Voyager Digital, you’re going to have to wait even longer to see your locked funds as hopes…
Binance Searches for Alleged Source Code Leaker
The world’s largest crypto exchange is on the hunt for a user it says publicly posted the keys to its crypto kingdom. In court documents first filed April 7, Binance…
Elon Musk’s Foreign Connections Raised National Security Concerns for Biden Administration
Photo: Saul Martinez (Getty Images) The Biden Administration considered looking into Elon Musk’s purchase of Twitter over national security concerns, Bloomberg first reported. Musk bought the company for $44 billion…