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On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank

[Mar 16, 2023 10:00 AM] Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S…

Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case

[Feb 23, 2023 9:15 AM] Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4…

TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting

[Feb 22, 2023 11:30 PM] On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over…

SEC proposes tougher rules as part of its crypto custody crackdown

[Feb 15, 2023 8:51 PM] The new proposals set forth by the Gensler-led Securities and Exchange Commission seek to “expand the scope” of rules set out by the 2009 Custody Rules.

Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon

[Jan 24, 2023 11:30 PM] You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody…

Court to hear oral arguments in Grayscale’s lawsuit against the SEC in March

[Jan 24, 2023 6:13 PM] Grayscale had expected it wouldn’t be able to voice arguments until the second quarter, and is calling the quicker timeline “welcome news.”