Cryptocurrency Archives - Page 2 of 3

New York’s Signature Bank Closed Down by Regulators over ‘Systemic Risk’

Regulators have shut down New York's cryptocurrency-focused Signature Bank in an effort to prevent the banking crisis from spreading. The banking regulators cited "systemic risk" in a statement announcing the move on Sunday evening. "We are also announcing a similar systemic risk exception for Signature Bank, New York, New York,…

Crypto Billionaires Are Dying in Mysterious Circumstances around the World

Amid the recent collapse of the cryptocurrency exchange FTX, other crypto billionaires have been dying in mysterious circumstances around the world. Sam Bankman-Fried first captured headlines in the wake of crypto platform FTX’s spectacular fall from grace. FTX imploded just two days after the 2022 midterm election, which Bankman-Fried heavily…

European Union to Ban Cash Transactions over €10,000

The European Union is introducing new laws that will ban transactions over €10,000 ($10,557) in a major push toward an eventual cashless society. However, the laws also seek to impose stricter controls on cryptocurrency and will track crypto payments above 1,000 euros ($1,055). EU leaders ostensibly claim that the new…

Billionaire Russian Crypto Entrepreneur Dies in Helicopter Crash

A billionaire Russian cryptocurrency entrepreneur has died in a helicopter crash near Monaco, according to reports. Vyacheslav Taran, 53, died after the helicopter mysteriously crashed unexpectedly, despite good weather in the area. The tragic incident makes Taran the third cryptocurrency entrepreneur to die suddenly in recent weeks. The helicopter crashed…

Federal Prosecutors Were Investigating FTX Months before Collapse but Dropped Case

Federal prosecutors in New York were investigating the recently-imploded cryptocurrency exchange FTX months before it filed for bankruptcy on November 11, according to reports. Slay News has been extensively reporting on the FTX scandal and highlighted the money laundering operation the company and its founder and CEO, Sam Bankman-Fried, were running in Ukraine to pump money…

FTX Scandal Exposes Tether and Links to CIA, Drug Cartels, Ukraine

Following the recent implosion of the crypto exchange FTX, the sandal has exposed cryptocurrency Tether and its links to the CIA, drug cartels, Ukraine, and al-Qaeda. Slay News has been extensively reporting on the FTX scandal and highlighted the money laundering operation the company and its founder and CEO, Sam…

FTX Crypto Platform Implosion Takes Down Democrats’ 2nd Largest Donor after George Soros

After last week's implosion of the cryptocurrency platform FTX, the scandal has taken down the Democratic Party's second-largest donor after left-wing billionaire George Soros. FTX's co-founder and CEO is Democrat mega-donor Sam Bankman-Fried. The implosion of FTX saw Bankman-Fried's net worth plummet in the biggest single-day wealth plunge for a…

SEC Charges Kim Kardashian with Unlawfully Touting Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) has charged Kim Kardashian for touting a cryptocurrency on social media without disclosing the payment she received for the promotion. The billionaire reality star promoted a digital asset offered and sold by EthereumMax. “This case is a reminder that, when celebrities or influencers…

Russia Edges Closer to Using Bitcoin for International Trade

The Russian government has drafted new legislation that edges the embattled nation one step closer to accepting Bitcoin and other cryptocurrencies for international trade. According to a report from Russian news outlet Tass, Russia's Ministry of Finance and its central bank have agreed on a draft bill allowing crypto payments…

Russia to Officially Treat Bitcoin as Currency

The Russian government and central bank have agreed to treat Bitcoin and other cryptocurrency assets as official forms of currency, according to reports. A new announcement from the Kremlin confirms that Russia’s government and central bank are now working on a draft law that will define cryptocurrencies as an “analog…