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author

Article by Steven Stradbrooke

Binance commingled customer cash, corporate revenue, Reuters says
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24 May, 2023

Binance commingled customer cash, corporate revenue, Reuters says

In its latest report, Reuters claims that Binance violated U.S. financial rules regarding the strict church-state separation of customer funds...
Tornado Cash coin mixer’s governance lets its guard down, loses control
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23 May, 2023

Tornado Cash coin mixer’s governance lets its guard down, loses control

An unidentified attacker has assumed control of the Tornado Cash DAO governance after tricking users into approving a proposal that...
Ledger wallet’s digital asset recovery option irks law-averse maxis
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22 May, 2023

Ledger wallet’s digital asset recovery option irks law-averse maxis

Ledger Recover is a new subscription service that allows Ledger Nano X users to regain access to their assets if...
Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange
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19 May, 2023

Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange

Binance Australia abruptly announced that it was "unable to facilitate PayID AUD deposits for Binance users" because of a decision...
Tether’s plan to blow billions in ‘profits’ on BTC questioned
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18 May, 2023

Tether’s plan to blow billions in ‘profits’ on BTC questioned

Tether announced that starting this month, it would “regularly allocate up to 15% of its net realized operating profits towards...
SEC tells cranky Coinbase to take a time-out on digital asset clarity
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17 May, 2023

SEC tells cranky Coinbase to take a time-out on digital asset clarity

The SEC’s response to a U.S. Third Circuit Court of Appeals stated that Coinbase failed to demonstrate that it’s owed...
Ava Labs engineer dishes dirt on Avalanche, Emin Gün Sirer’s Satoshi fixation
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16 May, 2023

Ava Labs engineer dishes dirt on Avalanche, Emin Gün Sirer’s Satoshi fixation

Crypto Leaks' update claims that Ava Labs employs an army of 'astroturf' social media accounts that target rival blockchains and...
Tether attestation dressed up as an audit undressed by former SEC enforcer
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15 May, 2023

Tether attestation dressed up as an audit undressed by former SEC enforcer

Tether claims to have made nearly $1.5 billion in ‘net profit’ according to the latest Not An Audit™ by the...
SEC asked to help butcher Digital Currency Group’s cash cow
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15 May, 2023

SEC asked to help butcher Digital Currency Group’s cash cow

GBTC could soon be scrutinized by the U.S. SEC as Rep. Brad Sherman urges Commission chair Gary Gensler to look...
US taxman seeks $44 billion from what’s left of FTX/Alameda
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12 May, 2023

US taxman seeks $44 billion from what’s left of FTX/Alameda

The $44 billion claims sought by the IRS target the collapsed crypto empire of SBF, including entities such as West...
Coinbase protests SEC custody proposal, loses customers’ ETH
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11 May, 2023

Coinbase protests SEC custody proposal, loses customers’ ETH

Coinbase filed an official protest of plans by the U.S. SEC to expand the Investment Advisers Act of 1940 custody...
FTX’s Sam Bankman-Fried seeks dismissal of charges; DCG’s Barry Silbert on the ropes
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10 May, 2023

FTX’s Sam Bankman-Fried seeks dismissal of charges; DCG’s Barry Silbert on the ropes

Sam Bankman-Fried appears to concede that charges of fraud and money laundering filed against him have merit as his attorneys...

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