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US Regulators Step Up Scrutiny of the Crypto Industry. 3AC, FTX Under Investigation

Bloomberg reported that the CFTC and SEC are investigating Three Arrows Capital. The US regulators want to understand whether the Singapore-based cryptocurrency hedge fund violated some rules and laws that…

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TrueFi Issues First Default to Crypto Investment Firm Blockwater on BUSD Loan

Decentralized finance (DeFi) lending protocol TrueFi issued a “notice of default” to Blockwater Technologies on October 6th for failing to make a scheduled payment of more than $3.4 million loan…

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