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FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse


Sam Bankman-Fried’s FTX Group paid over $25 million in hush money to seven whistleblowers before the doomed crypto exchange collapse in November 2022, an independent examination released Thursday has found. The report's release comes just days before former FTX executive Ryan Salame is set to...

US House Votes to Block Federal Reserve’s Digital Dollar Plans


The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress. The post US House Votes to Block Federal Reserve’s Digital Dollar Plans appeared first on Cryptonews

Ethereum Soars As Analysts Predict Higher Likelihood of ETF Approval


Ether's price has surged over 20%, fueled by rumors that US regulators might finally approve Spot Ethereum ETFs. The price surge has surprised traders as most anticipated the SEC would delay or reject the first ether ETF by Thursday. The post Ethereum Soars As Analysts Predict Higher Likelihood...

Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC


Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...

Best Crypto to Buy Now May 9 – Arweave, Render, Toncoin


With cryptocurrency markets choppy on Thursday as Bitcoin (BTC) rebounds from session lows in the $61,000s back to the mid-$62,000s, traders are parsing through their options in the altcoin market as they hunt for the best crypto to buy now on May the 9th. The post Best Crypto to Buy Now May 9...

Block to Reinvest 10% of Profits into Bitcoin Each Month


Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly report published Thursday showed. The post Block to Reinvest 10% of Profits into Bitcoin Each Month appeared first on Cryptonews

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