Key Takeaways In a recent development, the U.S. Securities and Exchange Commission (SEC) has taken action against BlackRock Advisors LLC (BLK.N), charging them with inaccurate descriptions of investments within the entertainment industry. As part of this settlement, BlackRock has agreed…
Key Takeaways: Cryptocurrency exchange Binance has renewed its challenge against the Commodity Futures Trading Commission (CFTC) on Monday, asserting that the regulatory body is exceeding its authority. Binance is facing growing regulatory scrutiny as the CFTC pursues charges related to…
Key takeaways : Just hours following the completion of a $600,000 fundraising, Safereum cryptocurrency encountered a significant liquidity drain, described as a ‘rug pull.’ This unexpected outflow resulted in a staggering 94% drop in the token’s value, with developers unlocking…
Key Takeaways In a move to address the growing concerns surrounding cryptocurrency-related scams and fraud, California legislators have proposed a new bill titled “Digital Financial Asset Transaction Kiosks.” This legislation aims to introduce several key measures, including a daily withdrawal…
Key Takeaways In the high-stakes trial of former FTX CEO Sam Bankman-Fried, his defense team is set to introduce an expert witness, Joseph Pimbley, to counter the testimony of key witnesses regarding the financial ties between FTX and the trading…
Key Takeaways : On October 17, Reddit made headlines by shutting down its innovative blockchain-based internet points program known as “Community Points.” Designed to reward creators and developers, the program allowed users to accumulate and spend community points through native…
Key takeaways : Thailand‘s ambitious plan to distribute digital currency to its citizens, valued at approximately $15 billion, has encountered a setback. Deputy Minister of Finance Julapun Amornvivat announced a delay in the program’s launch, leaving many eagerly awaiting its…
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