Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The United States Federal Reserve issued a cease and desist order to United Texas Bank over problems with how it manages risks, especially concerning crypto clients. The order, made public on September 4,… Continue reading Fed Orders Texas Bank to Stop Working with Crypto Firms Over Compliance Issues
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Nvidia stock, which fell nearly 9.5% yesterday, is trading lower in early US price action today also after reports that the US Department of Justice (DOJ) has issued a subpoena to the chip… Continue reading Nvidia Stock Continues Its Slump Amid Reports of Subpoena from DOJ
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On September 3, Paul Grewal, the Chief Legal Officer (CLO) at Coinbase, shared his thoughts about Kamala Harris’ campaign in the cryptocurrency sector. As the 2024 election nears, crypto voters are watching closely,… Continue reading Coinbase CLO Encouraged by Harris Campaign’s Interest in Crypto
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On September 2, the video of Tigran Gambaryan, a detained Binance executive facing money laundering charges, went viral as he publicly protested his treatment by Nigerian authorities. He was seen in the video… Continue reading Binance Executive Tigran Gambaryan Calls Out Harsh Treatment in Nigerian Detention
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Global cryptocurrency exchange OKX has taken a significant step forward in its expansion strategy by securing a Major Payment Institution (MPI) license from Singapore’s central bank, the Monetary Authority of Singapore (MAS). This… Continue reading OKX Secures Major Payment License in Singapore, Expands Regional Footprint
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A group of crypto executives and industry advocates is organizing a fundraiser to raise $100,000 for U.S. Vice President Kamala Harris, reflecting the interest of some players in the industry to back Harris… Continue reading Crypto Executives to Raise $100K for Kamala Harris to Support Crypto-Friendly Policies
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance, a major cryptocurrency exchange, recently faced allegations of seizing all funds from Palestinian users at the request of the Israeli Defense Forces. The CEO of Binance responded to these claims, but the… Continue reading Binance Faces Allegations of Seizing Palestinian Funds; Noones CEO Urges Boycott
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Regulatory filings show that Berkshire Hathaway, which Warren Buffett leads, continues to cut the conglomerate’s stake in Bank of America and has trimmed the holdings by 15% since it started selling shares in… Continue reading Berkshire Hathaway’s Cash Pile Set to Rise as Warren Buffett Cuts Bank of America Stake
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Basel Committee on Banking Supervision, part of the Bank for International Settlements (BIS), has released a new paper highlighting significant risks for banks that engage with permissionless blockchains. The 25-page document, titled… Continue reading BIS Committee Warns Banks Using Permissionless Blockchains
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Russian government is warning France that charging Pavel Durov, the founder of Telegram, might look like a political attack. Durov, who was born in Russia but is now a French citizen, was… Continue reading Russia Warns France of Political Motives in Telegram Founder Pavel Durov’s Arrest