Regulation
US watchdogs order Voyager Digital to stop making misleading insurance claims
The U.S. FED and FDIC ordered Voyager Digital to desist from making public claims that its assets are insured by the FDIC.
Christian Nwobodo 2 min read
North America News
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Adoption
Gig workers still go for crypto despite the bear market
A new survey showed half of gig workers prefer getting a portion of their payments in crypto despite the winter prices.
Scams
U.S. Senator seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps
Senator Brown asked the companies to provide details about their app store safeguards to thwart fake crypto apps amid rising scams.
Latest North America Crypto News & Analysis
Macro
Bitcoin-GDP correlation may explain drop in price as US enters a technical recession
The correlation between Bitcoin and GDP is an interesting metric that few investors analyze. Over the past 5 years Bitcoin has rallied only when GDP is increases quarter on quarter
Legal
US Treasury Department adds Kraken to investigations list for potential sanctions violations
According to the New York Times, crypto exchange Kraken is suspected to violate U.S. sanctions and is under federal investigation.
Web3
Solana spaces opens physical store in New York City
Vibhu Norby, Solana Spaces CEO, explained that the major aim of the physical store is to educate people about crypto and onboard new entrants.
Exchanges
FTX US opens no-fee stock trading offering for all US users
FTX US customers now have access to the no-fee stock trading service, as exchange hints on introducing options trading next. According to the president, FTX US will become an all-in-one financial service provider.
Investments
Cathie Wood’s ARK Invest sells $75M worth of Coinbase shares due to poor performance
Ark Invest sold off 1.41 million Coinbase shares for $75 million, citing the exchange's poor performance as the primary reason.
Macro
What will the FED decide today? Last chance for interest rate hikes before 2 month hiatus
The crypto market is undecided on how it will react to another FED rate hike today. Expectation of a 75 basis point increase may be priced in but will the FOMC meeting lead to a record setting 100 basis point increase?
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Legal
FatManTerra announces class action lawsuit against Terraform Labs, Do Kwon, Jump Capital
Bankruptcy
Tether’s $840M Celsius loan liquidation poses legal troubles
Taxes
US Senators propose bill to exempt crypto transactions under $50 from taxation
Stablecoins