Michael Barr: The Fed Needs Authority Over Stablecoin Issuers
Michael Barr, vice chairman of supervision at the US Federal Reserve, has said the Fed needs to regulate and enforce the law on stablecoin issuers.
Broker Complaint Alert (BCA) Marks 3 Years of Successful Crypto Scam Recovery, Bringing Hope to Victims Worldwide
Alpharetta, USA, November 7th, 2023, Chainwire “Just like there’s a possibility and time for loss, there’s always time for recovery” – Jenny Brown, head of the Recovery Technical Team at BCA. Broker Complaint Alert (BCA) Celebrates 3 Remarkable Years of Helping Victims of Crypto Scams Recover Their Lost Crypto. Broker Complaint Alert (BCA) celebrates 3 years of offering one of […]
Conflux’s Multichain Prootocol ShuttleFlow Shuts Down
Conflux Foundation will be shutting down its ecosystem multichain protocol, ShuttleFlow, after two years of operation.
Market Share of Binance’s Spot Trading Plunges 40%
In 2023, Binance, a popular crypto exchange, has experienced a decrease in its market share for spot trading, dropping from 62% to 40%.
Ava Labs Fires 12% of its Workforce to Reallocate Resources
The team behind the Avalanche blockchain, Ava Labs, has recently announced that it has laid off 12% of its employees in order to better allocate its resources.
Maestro Trading Bot Refunds 610 ETH to Users Following Router Exploit
Vancouver, BC, Canada, November 6th, 2023, Chainwire MaestroBots, a prominent cryptocurrency trading bot on the Telegram messenger app, has swiftly taken action to refund users who were affected by a recent smart contract exploit. In an incident that unfolded on October 24, a total of 280 ETH was targeted. In response, the Maestro team took immediate action to refund the […]
SEC Files Request for Summary Judgment in Terraform Labs Case
The SEC, through a filing to the Southern District of New York court, has requested a summary judgment on its claims against Terraform Labs (TFL) and its founder Do Kwon. According to the document, there is clear evidence that buyers invested money in either fiat currency or cryptocurrencies. This accurately represents the argument made by the SEC about the sale […]
