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Binance’s CZ severs Twitter ties with Elon Musk

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a surprising move, Binance CEO Changpeng Zhao (CZ) decided to unfollow Elon Musk on Twitter. However, despite this decision, Binance’s spokesperson confirmed that the cryptocurrency exchange’s substantial $500 million investment in Twitter, made last year, remains unaffected. Strange move by […]
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Judge combines Silvergate and FTX lawsuits over alleged ties

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A court in California has consolidated three investor claims against the collapsed cryptocurrency bank Silvergate Bank, including the failed cryptocurrency exchange FTX. The plaintiffs in the several cases seeking compensation for losses caused by the collapse of Silvergate have joined forces. US district […]
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Banks cut crypto ties amid regulatory scrutiny

U.S. lenders are distancing themselves from crypto companies in the wake of increased scrutiny of the industry by regulatory agencies in the country. These measures could force more crypto businesses to move offshore to jurisdictions with friendlier cryptocurrency regulations. Unbanking crypto Crypto firms in the U.S. are in danger of becoming largely unbanked. This is […]
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Nexo Launches Free and Instant Off Chain Transfers for All Cryptos

Nexo probe uncovers possible ties to organized crime

Crypto lender Nexo has been targeted in an investigation into alleged illegal activities, with four Bulgarians charged with money laundering and fraud.  Four Bulgarians charged as Nexo is investigated Prosecutors began investigating Nexo this week, conducting searches in the company’s headquarters and several other related locations in Sofia, Bulgaria. Officials say that the four charged […]
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