Crypto insider-trading case on Coinbase gets 10 month sentence
Nikhil Wahi, the brother of a former Coinbase product manager has been sentenced to 10 months in jail on charges of crypto. The brother of a former product manager at Coinbase Global Inc. was convicted of participating in a scheme to profit from inside information about when the cryptocurrency exchange would approve new crypto tokens […]
Ripple Exec: Increased Crypto Acquisitions By TradFi In 2023
Ripple (XPR) executive predicts that crypto acquisitions will strengthen the industry in 2023, despite major collapses like FTX. According to a top executive at Ripple, the cryptocurrency market will experience more consolidation in 2023 as stronger corporations buy more cryptocurrency and blockchain startups. On January 9, Sendi Young, the managing director for Europe at Ripple, […]
Cosmos EUR Stablecoin Project Will End In Two Year
Starting on March 6, the Cosmos ecosystem stablecoin project e-Money will stop issuing its EURR euro stablecoin. According to a Medium post from January 9, the Cosmos ecosystem stablecoin project e-Money will stop issuing its EURR euro stablecoin on March 6. e-Money wrote in its explanation of the choice: “The lack of real-world applications for […]
Binance workers must observe 90-day period before trading
Binance confirmed the three-month policy to prohibit insider trading by employees and their relevant family members. Since the demise of FTX, the cryptocurrency industry as a whole and outside of it have been talking a lot about the crypto exchange Binance. In an effort to control the behemoth, Changpeng “CZ” Zhao, the company’s creator, has […]
South Korean regulators focus on Bithumb in new probe
The South Korean National Tax Service agency launches an investigation into Bithumb, according to local reports. Local reports state that the National Tax Service (NTS) of South Korea is conducting a “special tax investigations” against the cryptocurrency exchange Bithumb. According to reports, tax authorities conducted a compliance investigation at the exchange’s headquarters in Seoul, the […]