Tag: crypto

Cantor's Crypto Gamble: Will Main Street Investors Pay the Price?

Cantor's Crypto Gamble: Will Main Street Investors Pay the Price?

Cantor Fitzgerald, a name synonymous with Wall Street savvy, is reportedly diving headfirst into the crypto ocean with a $3 billion venture called 21 Capital. Brandon Lutnick is carrying this torch shortly after his father was named Commerce Secretary. This legislative move is an attempt to capitalize on what may...

Cantor's $3B Crypto Play: Genius Move or Trump-Fueled Bubble?

Cantor's $3B Crypto Play: Genius Move or Trump-Fueled Bubble?

Cantor Fitzgerald’s rumored $3 billion crypto play, 21 Capital is good times right now, and for good reason. A publicly listed crypto company placing a huge wager on a Trump return? Whether that makes it truly visionary or a gamble of epic proportions remains to be seen. Let's dissect this...

Trump's Crypto U-Turn: 5 Reasons Banks Are Betting Big Now

Trump's Crypto U-Turn: 5 Reasons Banks Are Betting Big Now

As FTX, Celsius, BlockFi and others have shown, the crypto landscape is changing dramatically, no longer revolving solely around Bitcoin’s price. Banks, those once unassailable behemoths of legacy finance, are making bigger forays into the digital asset space. You’d be forgiven for assuming that pursuing profits in a strengthening market...

Banks Go Crypto: US Regulatory Shift Opens Doors!

Banks Go Crypto: US Regulatory Shift Opens Doors!

On the home front, the US Office of the Comptroller of the Currency (OCC) has just removed significant barriers to bank engagement with crypto. If upheld, this decision will be a sea change in balancing traditional finance with the emerging world of digital assets. This action has been prompting banks...

DOJ Shifts Crypto Strategy, Prioritizes Victim Restitution

DOJ Shifts Crypto Strategy, Prioritizes Victim Restitution

The Department of Justice (DOJ) is reviewing and altering the way it approaches DOJ cryptocurrency enforcement. Rather than employing a one-size-fits-all regulatory approach, they’re casting their nets wider to recover more stolen assets and prosecute higher-value, serious offenses. On April 7, Treasury Department officials announced the disbandment of the department’s...

Crypto Crime Guidance: Is the DOJ Abandoning Main Street Investors?

Crypto Crime Guidance: Is the DOJ Abandoning Main Street Investors?

When the Department of Justice (DOJ) published its memo laying out its strategy for conducting criminal investigations in the crypto space, this announcement has sent ripples of panic across the entire crypto industry. We agree that trying to provide clarity is a good thing, but unfortunately this results in the...

DOJ Crypto Crackdown Retreat: 5 Reasons It's a Disaster for Investors

DOJ Crypto Crackdown Retreat: 5 Reasons It's a Disaster for Investors

For folks working in compliance, the DOJ’s new crypto enforcement guidance sounds like a real sneak attack. A betrayal to every investor who's lost their shirt on a shady altcoin, a rug pull, or a blatant Ponzi scheme masquerading as "decentralized finance." They’re basically telling them, “Look, we’re not the...

DOJ Crypto Crackdown: Retreat or Strategic Shift?

DOJ Crypto Crackdown: Retreat or Strategic Shift?

The Department of Justice (DOJ) has decided to sing a different song when it comes to crypto crime. Is that a sign of a full-blown retreat from the digital asset space, or a move to more high-level, strategic thinking? FakeBollinger.com is here to cut through all the fluff and hype...

Yuga Labs' $400K Crypto Grab: Is This the End for NFT Parody?

Yuga Labs' $400K Crypto Grab: Is This the End for NFT Parody?

Yuga Labs—the crypto behemoth behind the Bored Ape Yacht Club—is crashing down hard. Really hard. Their pursuit of nearly $400,000 in crypto assets from Jeremy Cahen (Pauly0x), stemming from the Ryder Ripps Bored Ape Yacht Club (RR/BAYC) parody lawsuit, raises a crucial question: are we witnessing the death of NFT...

UAE's Resolv Labs Raises $10M to Advance Low-Risk Crypto Investments

UAE's Resolv Labs Raises $10M to Advance Low-Risk Crypto Investments

Resolv Labs, a blockchain based payments crypto startup incubated in the United Arab Emirates, has raised $10 million in its seed investment round. Formed in early 2023, the firm specializes in delta-neutral strategies. These strategies are meant to deliver risk-adjusted low-risk investment options in the highly volatile Cryptocurrency market. The...