Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m
The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an...
Regulation
SBF trial underway, Mashinsky trial set, Binance’s market share shrinks
Top Stories This Week Opening arguments begin in Sam Bankman-Fried trial The trial of former FTX CEO Sam “SBF” Bankman-Fried...
House Republicans urge tighter export controls on advanced chips
On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to...
Canada clarifies guidelines for stablecoins trading
Canadian securities regulator CSA has clarified terms and conditions for stablecoin trading on exchanges. Crypto platforms and issuers have to...
![Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]](https://cryptogemsofficial.com/wp-content/uploads/2023/10/Latest-update-—-Former-FTX-CEO-Sam-Bankman-Fried-trial-Day-540x340.jpg)
Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]
Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As...
Opening arguments begin in Sam Bankman-Fried trial
Prosecutors and defense attorneys in the criminal case of former FTX CEO Sam Bankman-Fried, also known as SBF, painted a...
Embattled crypto lender Celsius wants to start repaying customers by year-end
Key takeaways Celsius seeks to start repaying customers soon Embattled crypto lender Celsius Network is seeking court approval to start...
Parliamentary committee calls for shutdown of Worldcoin in Kenya
A parliamentary committee in Kenya’s government tasked with investigating Worldcoin has recommended that regulators shut down the project’s operations in...
DOJ readies witnesses in Bankman-Fried trial, highlights FTX asset management
The Department of Justice (DOJ) has confirmed its intention to summon former FTX clients, investors and staff as witnesses in...
Expect new crypto regulations to follow Bitcoin ETFs
Aside from liquidity, what do institutions bring to crypto? What precisely is their value added? This is an instructive question...
CoinShares says US not lagging in crypto adoption and regulation
European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new...
Judge denies final pretrial request from Sam Bankman-Fried for temporary release
Former FTX CEO Sam “SBF” Bankman-Fried will remain in jail at least until the start of his Oct. 3 criminal trial...
Nomura Bank’s Laser Digital receives approval for operations in Abu Dhabi
Key takeaways Laser Digital can now operate in Abu Dhabi Laser Digital, the digital assets arm of Japan’s Nomura Bank,...
Taiwan regulator announces new guidelines for crypto exchanges
Taiwan’s regulator, the Financial Supervisory Commission (FSC) has announced new guidelines for virtual asset service providers (VASPs). The agency published...
China to build giant AI chip factory to bypass US sanctions: Report
China is looking to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the...
FTX’s former external legal team disputes involvement in fraud allegations
A law firm that previously provided services to the now-defunct cryptocurrency exchange FTX has refuted a class-action lawsuit brought against...
Coinbase secures registration with the Bank of Spain
Coinbase’s registration with the Bank of Spain marks a significant stride in its mission to provide secure and compliant crypto...
Bybit will suspend services in UK following financial regulator’s ‘final warning’
Dubai-headquartered cryptocurrency exchange Bybit has announced the suspension of services to the United Kingdom in response to pending rules from...
Binance could delist multiple stablecoins as MiCA takes effect next year
Key takeaways Binance to delist multiple stablecoins A Binance executive has warned that the cryptocurrency exchange could delist multiple stablecoins...
Signal hints at leaving UK market following passage of online safety bill
A bill aimed at regulating certain internet services in the United Kingdom, including activities in the metaverse, has passed through...
New UK bill to seize stolen crypto reach final approval stage
Key takeaways The UK government could seize stolen cryptocurrencies A bill that seeks to expand the ability of UK authorities...
Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares
Outflows from crypto exchange-traded products (ETPs) reached $455 million over the previous nine weeks, according to a report from asset...
