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NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency
“A VCE's customer agreement should make clear the parties’ intentions to enter into a custodial relationship, rather than a debtor-creditor relationship," said the NYDFS.
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly Legkodymov.
Japan’s FSA expects to allow certain stablecoins by June 2023
There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said.
Bitcoin miner Argo regains compliance with Nasdaq minimum bid price rule
Bitcoin mining firm Argo regained compliance with Nasdaq's listing rule, which requires a company to maintain its common stock's minimum bid price of $1 for 30 consecutive trading days.
Cathie Wood: Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40%
Ark's GBTC weight in the portfolio actually increased despite the fund selling 500,000 shares in the past month.
Coinbase Exec Accuses Binance Of Crypto Price Manipulation
The world’s largest cryptocurrency exchange Binance was in the crossfire of critics for a long time after the FTX collapse. In particular, there was harsh criticism because of an opaque proof of reserves issued by the auditing firm Mazars, which with...
Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction
Coinbase CEO Brian Armstrong tweeted that BTC may be the “right long-term bet” for the two South American countries currently seeking a common currency.
69% users bet metaverse entertainment will reshape social lifestyle: Data
A new survey from CoinWire revealed that the majority of users believe the metaverse will reshape their social life and interactions.
BTC metrics exit capitulation — 5 things to know in Bitcoin this week
Bitcoin retains higher levels after gaining 40% or more this month, but concerns of a BTC price correction are never far away.
Token dump following Binance listing raises insider trading suspicions
Coinbase director Conor Grogan speculated it could be either a rogue employee or a trader who might have access to the losing API.