David Hirsch shuts down Pump.fun rumor after SEC exit
Former SEC enforcement chief David Hirsch told Protos that, despite reports, he won't be joining Pump.fun as its head of trading.
Results for Crypto
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— Gold, Stablecoins
Tether’s new asset currently backed by 0kg of gold
Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.
Binance needs ‘new intern’ after misjudged Family Guy meme
Binance apologized for posting the racially-themed Family Guy meme and said it needs a new intern who understands 'global cultural taboos.'
Are central banks really buying bitcoin?
Although government agencies around the world possess varying quantities of bitcoin, it's not clear that any central bank holds it.
Federal Reserve issues enforcement action against Evolve Bank
The Federal Reserve found that Evolve engaged in unsafe and unsound banking practices surrounding some of its fintech partnerships.
NFT artist sues X for suspending account, wrecking business
Artist Jeremy Ryan, aka 'NFT Demon,' is accusing Elon Musk’s X Corp of destroying his 'income and livelihood' by banning his seven accounts.
Community Notes debunks spot bitcoin ETF rehypothecation
An attorney in Florida went viral by posting wild speculation about bitcoin rehypothecation at Coinbase. She got Community Noted.
TrueUSD bank FlowBank forced into bankruptcy
FINMA claims that FlowBank "no longer has sufficient capital for its operations as a bank" and says it's worried the bank is "over-indebted."
NHS exec warns that crypto trading could fuel problem gambling
Problem gamblers are reportedly much more likely to own crypto and invest via mobile trading apps, such as eToro and Robinhood.
No, Saudi Arabia isn’t ditching the dollar for Ripple in its oil trades
Many people believe the US and Saudi Arabia signed a 50-year pact to sell oil for dollars. However, this never happened.