Category: U.S
Cryptocurrency News From The U.S
US Department Of Justice Double Down On DeFi Attackers – Report
The crypto cop at the United States Department of Justice (DoJ) is intensifying efforts to combat hackers and exploiters within the Decentralized Finance (DeFi) space….
US Banks Record Low Deposits As Bitcoin Eyes Resurgence
Genevieve Roch-Decter, a CFA, suggests that bank deposits in the United States are on the verge of dropping below $17 trillion, marking the first time…
Coinbase Faces Class Action Lawsuit For Privacy Breaches In Biometrics Data
A proposed class-action lawsuit filed on May 1 in a California District Court alleges that Coinbase breached Illinois biometric privacy laws by collecting and storing…
Volume Of Cryptocurrency Trading Hits $2.8 Trillion In Q1 2023
The report said that a new analysis has revealed that the spot trading volume across the top 10 cryptocurrency exchanges reached an astounding $2.8 trillion…
Kraken Virtual Asset Service Provider License Approved by Ireland Regulators
The regulatory crackdowns in the US have challenged crypto firms to pursue overseas markets. An official publication by the San Francisco crypto exchange Kraken revealed…
Binance US Arm Fails to Secure Suitable Banking Partner
On April 8, the Binance US arm pursuit of a banking partner failed to yield the desired result. A report from people privy to the…
US Harsh Regulations May Shift Crypto Investors’ Focus To Hong Kong: Kaiko CEO
According to the latest news, the CEO of Kaiko, Ambre Soubiran, suggested that Hong Kong might soon be crypto trading and investments’ center of gravity….
President Biden Urges US Regulators To Make More Stringent Bank Regulation
According to reports, the president of the United States, Joe Biden, is demanding the federal banking authority to create stricter rules. He reportedly claimed harsh…
Crypto Exchange Bittrex Shutting Down US Office in April
Bittrex, the American-based crypto trading platform, has revealed plans to exit the US market by April 30. The Bittrex team announced on March 31 plans…
Disney Dismissing 7000 Employees from the Metaverse Division
The leading film and animation producing company Walt Disney has announced plans to reduce headcounts in the metaverse division. Disney management issued an internal memo…
Binance Launching Regional Hub in Georgia to Push for Crypto Adoption
The largest crypto exchange Binance has opened a new blockchain-powered hub in Georgia. The Binance team issued a report on March 26 revealing plans to…
Titanium Blockchain Facing Four-Year Imprisonment Over $21 Million Crypto Fraud Charges
The US Department of Justice (DoJ) issued a report on March 24 announcing the court ruling over the charges facing Titanium Blockchain chief executive Michael…
First Citizen Bank Acquiring the Collapsed Silicon Valley Bank
On March 26, the Carolina-based financial provider First Citizen Bank closed a merger and acquisition deal with the now-defunct Silicon Valley Bank (SVB). According to…
Crypto Has No Fundamental Value – US 2023 Economic Report
In its 2023 economic report, the US White House presented several arguments against crypto assets. The White House asserted that they are primarily speculative investment…
US SEC Sues Justin Sun And Eight Celebs For Crypto Fraud
The United States SEC (Securities and Exchange Commission) has filed a lawsuit against Justin Sun, the founder of Tron, and three of his firms, Rainberry…
Extradited OneCoin Top-Level Executive Faces 40-Year Prison Sentence In The US
Recently, a significant development has occurred in the saga of the now notorious crypto-currency, OneCoin. The head of compliance at the company, Irina Dilkinska, has…
Mastercard Partners With Stables To Help Users In APAC Spend Stablecoins
Mastercard, a global payment platform, recently announced a partnership with Stables, an Australian stablecoin firm, to integrate their digital wallet with Mastercard’s international payment services….
Tether Mints Over $1B USDT On The Tron Network As USDT Dominates Stablecoin Market
Following the billions of USDT minted over the past week, Tether, a stablecoin issuer, has minted USDT stablecoins worth $1 billion on the TRON network….
Inflation Rate In UK Soars To 10.4% Before Bank Of England Meeting
The UK Annual Inflation Rate jumped to 10.4%, the highest since December 2008, ahead of Thursday’s Bank of England’s (BoE) meeting. This is the highest…
API Inventory Surge Leads To Crude Oil Price Decline Ahead Of Fed Meeting And EIA Release
Crude oil prices are taking a hit this week as the U.S. Energy Information Administration (EIA) reported an unexpected rise in inventories last week. This…
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