SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC
The Securities and Exchange Commission (SEC) has charged SafeMoon and its executive team with perpetrating a fraudulent scheme through an unregistered securities sale.
It’s Time for Web3 Games to Embrace Play AND Earn
(Mike van den Bos/Unsplash, modified by CoinDesk)
Turkey in “Final Stage” of Bringing Crypto Legislation as Last Step to Get off FATF’s Grey List: Minister
Turkey is in the “final stage” of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force’s (FATF) “grey list.
Frax Finance Says its Domain Name Hijacking Has Been Resolved
Frax founder Sam Kazemian says his team has been “left in the dark” by the domain registrar as to what happened.
As Sam Bankman-Fried Fraud Trial Nears Close, a Terse Judge Sets Jury Instructions
Bankman-Fried completed his testimony Tuesday, concluding the presentation of evidence from both sides in the Justice Department’s case against the FTX founder.
Bitcoin Saw 27% October Surge as Traders ‘Panic Bought’ Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?
The boredom ended in October as cryptocurrency prices zoomed higher, with the biggest of them all, bitcoin [BTC], posting the strongest monthly rally since January as investors were abuzz with optimism that bitcoin ETFs will soon get approved in the U.S.
AI-Related Tokens Stumble After White House Executive Order
Issued Monday, President Biden’s executive order is aimed at potential threats posed by artificial intelligence, but critics of the White House action wonder if innovation could be stifled.
15 Years After the Bitcoin White Paper, Bitcoin Builder Culture Flourishes
Satoshi Nakamoto published the Bitcoin white paper on Halloween Day in 2008. (Jonathan Borba/Unsplash, modified by CoinDesk)
U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO
The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial “Staff Accounting Bulletin 121,” according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens crypto investors’ ability to find safe harbors for their assets, should have been treated as a formal rule, the GAO concluded in a report issued on Tuesday.
Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether’s Practice
USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients.