Benito Cormi

Proposed EU Regulations Impose Tighter Measures on International Cryptocurrency Companies

Benito CormiFeb 2, 20243 min read

ESMA Proposes Tighter Rules for Crypto Firms Outside the EU The EU’s financial markets regulator, the European Securities and Markets Authority (ESMA), has published consultation papers…

Singapore Authorities Issue Warning About Crypto Thieves and Their Targeting of Digital Wallets

Benito CormiFeb 2, 20242 min read

Singapore Police and CSA Issue Warning about Crypto Drainer Malware Singapore’s Police Force and the Cyber Security Agency (CSA) have issued a joint warning about the…

Project Mbridge Achieves Significant Milestone: Successful Cross-Border Settlement with First Digital Dirham

Benito CormiFeb 2, 20243 min read

UAE’s Central Bank Completes First Digital Dirham Payment Through Mbridge The United Arab Emirates (UAE) has achieved a significant milestone by completing the first cross-border payment…

Genesis Resolves SEC Lawsuit, Paying $21 Million for Unregistered Securities

Benito CormiFeb 2, 20242 min read

Genesis Resolves SEC Lawsuit with $21 Million Settlement Genesis Global Holdco has reached a $21 million settlement to address a lawsuit concerning its crypto lending practices.…

Boost to Australian FTX Creditors’ Chances of Complete Recovery: Supreme Court Verdict

Benito CormiFeb 2, 20242 min read

Australian Dollar Withdrawal Requests A recent ruling by the Victorian Supreme Court has given hope to Australian creditors of the crypto exchange FTX, as it increases…

OPNX, Developed by Founders Zhu and Davies of Three Arrows, Faces Imminent Closure

Benito CormiFeb 2, 20242 min read

OPNX Shutting Down Due to Co-Founders’ Legal Troubles Open Exchange (OPNX), a platform known for trading bankruptcy claims and operating as a crypto exchange, will be…

Technical Setbacks Cause Third Delay for ‘Quantum Cats’ Mint by Taproot Wizards

Benito CormiFeb 2, 20243 min read

Taproot Wizards Faces Third Setback, Delays ‘Quantum Cats’ Mint for More Testing The team behind the highly anticipated “Quantum Cats” collection, Taproot Wizards, has experienced another…

Stablecoins Synthetix and Beanstalk Downgraded to F Grades by Bluechip and Placed on ‘Red Flag List’

Benito CormiFeb 2, 20242 min read

Synthetic Assets and Beanstalk Stablecoins Receive F Grades from Bluechip A nonprofit stablecoin assessment entity called Bluechip has recently given an F grade to Synthetix’s fiat…

OFAC Halts Venezuelan Gold Trade, Highlights Impending Oil Sanctions

Benito CormiFeb 2, 20242 min read

Revocation of License for Venezuelan Gold Company The Office of Foreign Assets Control (OFAC) has taken action to revoke the license of CVG Compania General de…

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