Everyone seems shocked by the recent New York Department of Financial Services (NYDFS) order barring Paxos to mint the BUSD stablecoin. Many speculate that the ban rides on the back of a US SEC wells notice to Paxos classifying BUSD as security.
Author: Atiq Ur Rehman
Atiq Ur Rehman
Atiq is a Electronics Engineer with a passion for writing about disruptive technologies, including blockchain. With a deep understanding of the technical aspects of emerging technologies and their potential to transform industries, this author brings a unique perspective to the world of cryptocurrency and blockchain.
The famed Los Angeles County Museum of Art (LACMA) has received a collection of 22 non-fungible tokens (NFTs) as a gift from a popular pseudonymous crypto Twitter personality, Cozomo de’ Medici.
The largest non-fungible token (NFT) marketplace OpenSea has rolls out a suite of new tools for its OpenSea Drops product and a “3hrs Hold Period” to keep scammers at bay.
After a conference call, Ethereum Developers finalized a timeline for the mainnet activation of the Shanghai upgrade. The planned timeline expects Shanghai’s mainnet launch in mid-March 2023 in case testnet releases go without issues.
Amid the backdrop of poor performance, the Coinbase NFT marketplace is halting creator Drops to allow its team to focus on other productive features.
Crypto winter continues to eat jobs as the blockchain data analysis and security firm Chainalysis is reducing its headcount, citing collapsing demand from the private sector.
Another crypto fraudster has been removed from the scene as “My Big Coin” founder Randall Crater, 52, of Lake Mary, Florida, will spend his next 100 months behind bars and pay back millions of victims’ funds he looted through his fraudulent crypto company.
The Bankrupt crypto lender receives some relief as the court has granted the approval to sell its crypto mining assets to help in its efforts to repay the creditors.
Sam-Bankman Fried´s (SBF) crypto hedge fund Alameda Research sues the doomed crypto lender Voyager Digital to get back the $445.9 million loan repayments it made before its bankruptcy filing.
FTX was under the surveillance of Australian regulators months before its spectacular collapse in November 2022.