Marie Fitzgerald
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BlockFi will pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to settle charges in connection with a retail crypto lending product.
The charges have come after a subsidiary of BlockFi offered the retail crypto lending product to nearly 600,000 investors, regulators said.
The penalty...
India should ban cryptocurrencies as they are related to Ponzi schemes or worse and they pose a threat to financial and macroeconomic stability, a deputy governor at the Reserve Bank of India (RBI) said.
"We have also seen that cryptocurrencies are not amenable to definition as a currency, asset...
The United Kingdom’s tax authority, Her Majesty’s Revenue and Customs (HMRC) have arrested three suspected tax evaders and seized three Non-Fungible Tokens (NFTs), a confiscation that marks the very first of them that it's kind from any law enforcement agency in the country.
Per a BBC report, three suspects...
Coinbase Traffic Hits Historic Highs Following Super Bowl Ad, Jumping to Top 2 on App Store
Marie Fitzgerald - 0
Following a minute-long ad worth $14 million meant for the Super Bowl, US-based crypto exchange Coinbase raked in the dividends because traffic reached historic highs.
Reportedly, the traffic was overwhelming, resulting in the Coinbase app surging to the second spot from the 186th position on the Apple store, according...