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President of Jump Crypto steps down
24.6.2024
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022
Crypto investment products see $584M outflow as Bitcoin descends to $60K
24.6.2024
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products
Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App
23.6.2024
According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has advised users with affected wallet addresses to immediately transfer their funds using...
Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings
23.6.2024
Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler...
3 reasons why Bitcoin price struggles to reclaim $64K
21.6.2024
Bitcoin’s tumultuous week continues as data points to further downside in BTC price
Federal Agents Crack Down on Drug Ring Using Crypto Mixers
21.6.2024
Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy (NCIDE) Task Force, a federal team dedicated to combating...
VC Roundup: Investors double down on funding for crypto, blockchain startups
19.6.2024
This edition of Cointelegraph’s VC roundup features Plural Energy, Everclear, Ava Protocol, GoPlus, and other startups
3 reasons why DOGE, PEPE and other memecoins are flashing red
18.6.2024
Memecoins are underperforming the crypto market today, which could indicate that traders will pay more attention to BTC and ETH
Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded
17.6.2024
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain
3 reasons why Ether price remains bullish around $3,500
17.6.2024
Despite Bitcoin’s sell-off to $65,000, ETH continues to show strength, and bulls appear to be strengthening at the $3,500 level
Malaysia cracks down on crypto tax evaders with Ops Token
17.6.2024
IRB official Datuk Abu Tariq Jamaluddin warns crypto traders to declare taxes or face compliance actions
SEC shoots down Ripple’s argument for a lower penalty
17.6.2024
The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs
Malaysia Launches Special Operation to Crack Down on Crypto Tax Evasion
16.6.2024
Malaysia’s Inland Revenue Board (IRB), in collaboration with the Royal Malaysia Police and Cybersecurity Malaysia (CSM), recently launched a special operation codenamed “Ops Token” to tackle tax revenue losses from cryptocurrency trading. The initiative, involving 38 personnel...
Indian Authority Cracks Down on Highrich Online’s Crypto Operations
16.6.2024
India’s Enforcement Directorate (ED) has conducted searches that uncovered a Ponzi scheme involving cryptocurrency operations and HR Crypto Coin, leading to significant asset seizures and freezing. The coins were part of the scheme, luring people to invest with promises of a 15% annual...
Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
14.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single crypto theft
Altcoins signal buy after taking it ‘on the chin’ since March
14.6.2024
The altcoin crypto market may present “some opportunities” for investors after “taking it on the chin” the last four months
HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens
13.6.2024
The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter
Terraform Labs ends operations, Terra community takes over
13.6.2024
Terraform Labs ceases operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community
Australia cracks down on online gambling with crypto, credit card ban
11.6.2024
The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000)
Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge
10.6.2024
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised...