December 8, 2022

Closer Ties Between Crypto Firms and the Banking System: What It Means for Banks

Elizabeth Warren and Tina Smith are asking for more investigation. •U.S. lawmakers have penned a letter pressing Federal Reserve Chairman Jerome Powell for information on American banks’ ties to crypto...
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Understanding the Microsoft-Activision Blizzard Acquisition and Its Impact on Gamers and the Metaverse

The FTC seems poised to stop Microsoft in its tracks •On Thursday, the Federal Trade Commission announced a lawsuit to block Microsoft from acquiring Activision Blizzard, developers of the Call of...
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Coinbase’s CEO Reports This Year Will See Less Profit Than Last Year

Well….duh. •Coinbase CEO Brian Armstrong predicts that the company will bring in only half as much revenue this year compared to last year, due to the bear market. • Last...
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Celsius ordered to return $44 million worthy of crypto to customers

•The U.S. bankruptcy judge responsible for the Celsius Network case has ordered the bankrupt crypto lender to return around $44 million worth of cryptocurrencies, which will impact customer funds that...
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Crypto Fraud Case Against Kim Kardashian Dropped

The reality star avoids a costly scandal •A judge in California has dismissed a lawsuit against Kim Kardashian and others for promoting crypto project EthereumMax. • The lawsuit was first...
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