Former CFTC commissioner Jill Sommers joins FTX US Derivatives board

Jill Sommers, who served as a commissioner at the United States Commodity Futures Trading Commission, has joined the board of directors for FTX US Derivatives. In a Thursday announcement, crypto exchange FTX US’ derivatives arm said Sommers had become its latest board member in a move seeming to increase the company’s regulatory efforts. Sommers served as a CFTC commissioner from […]

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Cardano Enthusiasts Are Disappointed With Crypto Exchange Coinbase — Here’s Why

By now, it’s pretty well established that the Cardano community eagerly awaits moving forward with the long-delayed Vasil upgrade. But U.S.-based cryptocurrency exchange Coinbase is taking its sweet time getting ready for the upcoming hard fork, drawing substantial fire from ADA enthusiasts. Coinbase Yet To Update Cardano Nodes In Preparation For Vasil Coinbase is not ready for Cardano’s Vasil upgrade. […]

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BingX Establishes A $10 Million Charity Arm, Reaching Out to Networks of Beneficiaries

Singapore, Singapore, 31st August, 2022, Chainwire BingX, the leading social trading exchange, announces the charitable arm with a fund of $10Million for humanitarian endeavors.  The purpose of this fund is to be allocated to donations of charitable organisations, public welfare activities, and disaster relief in various regions of the world, etc.  “There is no other technology with a steeper growth […]

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Binance And CEO Changpeng Zhao Probed By U.S. Justice Department Over AML Checks: Reuters

Summary: U.S. federal prosecutors asked Binance for documents regarding the platform’s anti-money laundering checks. Authorities also asked for communication records between CEO Changpeng Zhao and 12 other executives. The cornerstone of investigations revolves around whether or not Binance violated the Bank Secrecy Act, per reports. U.S. agencies like the SEC and the Justice Department have increased probes into crypto companies […]

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Ripple's plan to tokenize Colombian land stalls amid new administration

A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being “deprioritized” by the new administration. The project was initially announced by the outgoing government’s Ministry of Information Technology and Communications just two weeks before the newly elected president Gustavo Petro was sworn into office. According to […]

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