The troubles began with reports of a raid by Russian authorities on the offices of crypto exchange Beribit at the end of March, allegely in connection to the Crocus City Hall terrorist attack. Then, Beribit, which is an officially licensed exchange in Russia, announced on Telegram that during a change in leadership, discrepancies in the
The Biden administration is canceling even more student debt. On Friday, the White House announced that an additional 277,000 borrowers will see their student loans eliminated, amounting to about $7.4 billion in forgiven debt. Those borrowers qualified for that relief because they were enrolled in one of the loan repayment or forgiveness programs the administration
A few weeks ago, a TikTok user named Blaisey Arnold posted a video about her Chevy Tahoe. “After three years with my Tahoe, I’m finally getting rid of it,” Arnold said. It was her dream car, and she’d taken out a loan for the $84,000 — yes, you read that right, $84,000 — vehicle. Since
U.S. Treasury Deputy Secretary Adewale O. Adeyemo has urged Congress to take action to provide the government with “necessary tools” to combat illicit finance tied to cryptocurrencies. Adeyemo said that terrorist groups have been trying to take advantage of cryptocurrencies over the past few years, according to his written testimony for the Senate Banking, Housing
Tornado Cash developer Roman Storm, who was arrested in August and slapped with three charges related to his role as a co-founder of Ethereum privacy protocol Tornado Cash, has received support in the form of three amicus briefs from prominent pro-crypto organizations. Storm motioned to drop the charges against him last week, claiming the government’s
With Britain expecting a general election later this year, the ruling Conservatives and Labour opposition are drawing up rival plans to help a key demographic: aspiring homeowners. An affordability crisis linked to decades of underinvestment in new homes — plus years of rock-bottom interest rates that pushed up property values — have piled pressure on
Venture Smart Financial Holdings Ltd. (VSFG), a Hong Kong-based financial services firm, is preparing to apply for a spot Ethereum exchange-traded fund (ETF) in anticipation of potentially launching its spot bitcoin ETF in the first quarter. In a Friday interview with The Block, VSFG Chairman Lawrence Chu said that the firm is in the final
Eli Regalado, the Denver pastor who’s being sued along with his wife by Colorado’s securities commission for selling millions of dollars in ‘valueless’ INDXcoin cryptocurrency, has responded to the allegations in the lawsuit in a video uploaded to INDXcoin’s community forum. In the video, Pastor Eli Regalado admits that the investors into the cryptocurrency run
New York District Judge Katherine Polk Failla probed Coinbase in court on Wednesday about whether tokens listed on its exchange were securities Coinbase was sued by the Securities and Exchange Commission in June for allegedly operating as an unregistered exchange, broker and clearing agency. Coinbase has pushed back on those claims, arguing for the case
For anyone craving a return to last week’s exciting spot bitcoin ETF horse race, I have unfortunate news: tomorrow marks the federal holiday of Martin Luther King Jr. day, so the stock market will be closed. However, the blockchains will continue on validating, and several important events are scheduled for later in the week, including