Non-custodial crypto platform ShapeShift refuted United States Senator Elizabeth Warren’s claims of “illicit financing,” suggesting that she used the platform as a scapegoat to “push” her latest crypto bill, according to a recent statement. ShapeShift stated in a tweet on Feb. 19 that Warren made “mistakes” in her “analysis” of the platform, which were made at a recent senate banking […]

A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door to Blockchain Space for Russian Financial Service Providers The State Duma, the lower house of parliament in […]

Cryptocurrency exchange and financial services firm Blockchain.com has denied attempts to sell assets or subsidiaries, and it is not in talks with other crypto firms about possible deals, a spokesperson told Cointelegraph on Feb. 18.  According to reports citing anonymous sources, executives of the company discussed selling parts of its business to other crypto firms – including Coinbase – between […]

According to Sam Bankman-Fried, the disgraced head executive of the now defunct crypto exchange FTX, he only had about $100,000 to his name after his business fell into bankruptcy and he was arrested on alleged fraud charges. However, it appears federal prosecutors have seized as much as $700 million, all of which is believed to have been in accounts owned […]

The price of Shiba Inu (SHIB) is rising as it is trading above the moving average lines, indicating an uptrend. Shiba Inu price long-term forecast: bullish Since February 4, the current uptrend has been frozen at its high of $0.00001500. The SHIB price moved above the 21-day line SMA last week, but below the $0.00001500 resistance. If the price rises […]

The United States Securities and Exchange Commission’s recent filing of charges against Terra and its founder, Do Kwon, has surprised many in the cryptocurrency world due to its delayed timing. The SEC has been actively cracking down on crypto-related businesses for months, yet it took close to a year for them to prosecute Kwon and his company. The delay is […]

Terraform Labs, the company behind the Terra blockchain, and its co-founder, Do Kwon, are being sued by the Securities and Exchange Commission (SEC) for allegedly defrauding investors. The complaint alleges that the company made false claims about TerraUSD payments and other matters, leading investors to believe that Terra was a legitimate decentralized financial project. However, the SEC has accused Terraform […]

Russia’s central bank is launching a digital ruble pilot program, paving the way for the country’s entry into the world of CBDCs. According to a report by Helen Partz for Cointelegraph published earlier today, which cited a report by the news agency TASS, the Bank of Russia is getting ready to launch the first consumer pilot of the nation’s central […]

A complaint filed by the United States Securities and Exchange Commission said Terra co-founder Do Kwon and Terraform Labs laundered more than $100 million worth of Bitcoin from the platform following its collapse in May 2022. According to the SEC complaint filed in the U.S. District Court for the Southern District of New York on Feb. 16, Kwon and Terraform […]