Ripple CEO Brad Garlinghouse Predicts Crypto’s Future Under Trump
Brad Garlinghouse, CEO of Ripple Labs, envisions the crypto industry thriving under the Donald Trump government with clear regulations. During an interview with Fox Business, Brad Garlinghouse, CEO of Ripple Labs Inc., recently shared his outlook on the crypto industry’s future under President Donald Trump. Garlinghouse criticized the Biden Administration’s “unlawful war against crypto” and […]
MicroStrategy’s Market Cap in Race to Top Intel’s
MicroStrategy’s (MSTR) market capitalization has surpassed $100 billion and is on course to surpass semiconductor manufacturer Intel. According to a Nov. 19 analyst report shared with Cointelegraph, the stock is poised for additional gains as analysts anticipate that MicroStrategy’s BTC buying spree will accelerate even quicker than previously thought. According to data from Google Finance, […]
South Korea Bans Bitcoin Spot and Futures ETFs – Here’s Why
South Korea’s FSS prohibits Bitcoin ETFs and investments in firms like Coinbase, citing outdated regulations that stifle market growth. Bitcoin spot and futures ETFs remain unavailable in South Korea as financial authorities uphold strict regulatory controls over cryptocurrency-related investment products. The Financial Supervisory Service (FSS) has also prohibited ETFs investing in companies linked to virtual assets, […]
FTX’s Gary Wang Sentenced to Time Served
The fifth and final executive convicted in the FTX exchange collapse in 2022, Zixiao “Gary” Wang, the co-founder of FTX, was sentenced to time served and asset forfeiture in New York on November 20. In December 2022, Wang and Caroline Ellison, the former CEO of Alameda Research, entered into a plea of guilty to fraud […]
Haru Invest Declared Bankrupt Amidst $1B Investor Fraud
After being linked to a $1 billion cryptocurrency scam, the Seoul Rehabilitation Court formally declared cryptocurrency yield platform Haru Invest bankrupt. Haru Invest, a cryptocurrency yield company that operates under Haru Management Limited, reportedly cheated investors of 1.4 trillion won, or $1 billion, in a “rug pull” scheme that left creditors reeling, according to investigations […]