A federal court in New York has frozen the assets of Alexander Mashinsky, the former CEO of the now-bankrupt crypto lending company Celsius Network. Unsealed documents disclosed on Sept. 5 reveal that the court has targeted Mashinsky’s bank accounts and
On Aug. 29, the Digital Currency Group (DCG) announced a significant agreement with the creditors of Genesis, promising potential recoveries of up to 90%. This move signifies a monumental shift in the ongoing crisis that had earlier cast a shadow
According to former SEC Attorney John Reed Stark, the SEC is unlikely to approve a Bitcoin Spot ETF under the current leadership of Gary Gensler. Stark claims that cryptocurrency is a partisan issue in the U.S., and the only thing
The metaverse continues to attract interest from the best and biggest brand names in the world, covering a broad range of sectors, including art, entertainment, sports, and fashion. Here MetaNews covers some of the big industry hitters making inroads in
PayPal’s new stablecoin, dubbed PayPal USD (PYUSD), is not so much a program to boost blockchain-based payment services as a marketing stunt designed to cash in on the cryptocurrency hype, according to some analysts. The company launched its dollar-pegged stablecoin
CoinFund CEO Jake Brukhman argues that Worldcoin can become bigger, more widely distributed, and even more valuable than Bitcoin. Brukhman’s incredible list of claims came during an appearance on the Unchained Podcast during the first week of August. The claims
UPDATE: Kenya’s interior minister Kithure Kindik on Wednesday halted all activities of Worldcoin while the government investigates potential risks to public safety. Local media reports say over 350,000 Kenyans had signed-up to Worldcoin by Tuesday. Regulators in the UK, France
On July 26, a United States House panel granted preliminary approval to two potentially transformative cryptocurrency regulatory bills. This significant stride considered a massive victory for the American crypto industry, hints at the emergence of much-needed regulatory clarity in the
In a new revelation that contradicts circulating rumors, Tesla has reportedly edited out Bitcoin (BTC) references from the source code of its payment page while leaving intact references to Dogecoin. Chinese reporter Colin Wu, acclaimed for his insight into the
Justin Sun and his companies have found themselves on the receiving end of an SEC dragnet in a move sending shockwaves through the cryptocurrency world. Justin Sun was strongly involved in allegations announced earlier this year which involved unregistered offers
The landscape of the cryptocurrency industry is no stranger to controversies. The recent dispute between Gemini’s co-founder Cameron Winklevoss and the Digital Currency Group’s (DCG) CEO Barry Silbert is a striking case in point. Now John E Deaton, the founder
The price of bitcoin rose sharply on Wednesday and breached the psychological $30,000 mark for the first time since April, as institutional investors led by BlackRock showed renewed interest in the top cryptocurrency. Bitcoin climbed 10% to peak at over
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