In a startling breach of trust, the CEO of Heartland Tri-State Bank is facing charges for orchestrating an embezzlement of $47 million. The high-profile case came to light following revelations that the bank played a central role in a sophisticated ‘pig butchering’ scheme, according to a February 12 press release from the U.S. Attorney’s Office.
D8X, a cryptocurrency decentralized exchange (DEX) for derivatives has launched on Polygon’s zkEVM in a bid to provide an institutional-grade platform for investors in decentralized finance (DeFi).
The Financial Conduct Authority (FCA) added another crypto-focused firm to its famous crypto register on February 9. This time, it is Banxa—the international fiat-processing payment company.
Steven Nerayoff, a key figure previously advising Ethereum, leveled allegations at Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC) on Tuesday, hinting at Gensler’s undisclosed deep ties with Ethereum and potential influence by external political forces.
Digital assets management firm CoinShares reported $42 million in revenues and gains in the last quarter of 2023 following a positive swing in the market.
Coinbase, a leading cryptocurrency exchange, has unveiled a new television ad that playfully mocks traditional United States fiat currency, depicting it as a penny coin.
Digital asset spot trading volumes continued on a steady rise in January on the back of a spot Bitcoin (BTC) ETF approval by the United States Securities and Exchange Commission (SEC).
The Bank of International Settlements (BIS) has published a report calling on regulators to “future proof” themselves against the adverse effects of an unregulated metaverse on the digital economy.