Search
Crypto Firms Should Use Binance’s Settlement As a “Template” For How to Operate, Says CFTC Commissioner Kristin Johnson
5.12.2023
Source: Pixabay Binance’s $4.3 billion fine from the Commodity Futures Trading Commission should be used as a “template” for how to operate, CFTC Commissioner Kristin Johnson said. Speaking at the Financial Times’ Crypto and Digital Assets Summit: Winter Edition on Tuesday, Johnson asserted that...
Crypto Billionaire Arthur Hayes Says Binance Fine Highlites the “Arbitrary” Nature of Punishments in the US
28.11.2023
Source: a video screenshot, Youtube BitMEX founder Arthur Hayes has voiced concerns about the arbitrary nature of punishments in the United States, using the recent Binance fine as an example. In a recent blog post, Hayes argued that the treatment of Binance and its former CEO, Changpeng Zhao...
Crypto Isn’t Going Anywhere: Industry Leaders Optimistic Despite Binance Crackdown
22.11.2023
Source: Adobe / XaMaps Following Binance’s massive $4.3 billion fine and founder and CEO Changpeng “CZ” Zhao’s decision on Tuesday to step down from the company, industry leaders have been reassuring the community that crypto is here to stay, and that it’s likely to come out even...
Matrixport: Binance Plea Deal Boosts Approval Odds for Bitcoin Spot ETF
22.11.2023
Source: AdobeStock / JorgeEduardo Binance CEO Changpeng Zhao has entered a guilty plea, agreeing to a $50 million fine, while Binance itself is set to pay a $4.3 billion penalty. CZ’s sentencing hearing is scheduled for February 23, 2024, where he may face prison time of up to 18 months. This comes...
Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?
22.11.2023
Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement
21.11.2023
Crypto exchange Binance and its founder, Changpeng "CZ" Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator's lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions...
Report: US Crypto Exchange Coinbase Fined for Refusing to Localize Russian Users’ Data
18.11.2023
The U.S. cryptocurrency exchange Coinbase was recently hit with a fine exceeding $11,000 by a Russian court. The fine stems from the crypto exchange’s refusal to comply with a law that requires foreign companies to localize data of their respective Russian users or customers. Localizing...
NetMind AI Unveils the Beta Version of Netmind Power For Decentralized Machine Learning
16.10.2023
PRESS RELEASE. The AI-focused tech start-up NetMind.AI has launched the Beta version of Netmind Power, a decentralized platform which allows machine learning (ML) researchers and practitioners to train and fine-tune ML models by leveraging a network of volunteer computing resources distributed...
Biggest Crypto Gainers Today on DEXTools – Calcium, FINE, Tyrion.finance
28.9.2023
The price of Bitcoin has held steady this week even as stocks have tumbled, a divergence that some analysts say could signal more pain ahead for the cryptocurrency market.
The Dow Jones Industrial Average has fallen by 1.72% so far in the weekly candle, and the S&P 500 has dropped by 1.64% due...
7 Creepy Games To Ease You Into Spooky Season
27.9.2023
We all feel it before we know it—orange leaves stumbling into our jackets, cold wind holding our hands down the sidewalk. These signs and more tell us that October is almost here. To commemorate the season and all it offers, I decided to put together a list of (mostly) spooky game recommendations...
Nexus Mods Fine With Bigots Leaving Over Removed Starfield ‘Pronoun’ Mod
15.9.2023
Nexus Mods, one of the largest online repositories of fan-made video game modifications, recently deleted a Starfield mod that removed the game’s built-in option to choose a pronoun for your created character. As you might expect, this removal angered a very toxic portion of players who yelled...
LBRY Gears Up to Contest US Securities Law Violation Ruling
8.9.2023
In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented...
Titan Global Capital Management Settles with the SEC, Agrees to $1 Million Fine for Misleading Crypto Fund Claims
23.8.2023
The New York-based fintech investment adviser, Titan Global Capital Management, has agreed to comply with the US Securities and Exchange Commission's (SEC) cease-and-desist order and paid fines exceeding $1 million for misleading investors about its cryptocurrency offering....
Read More: Titan...
OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
22.8.2023
Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea
Report: Brazilian Court Fines Mastermind of South African Bitcoin Ponzi Scheme
16.8.2023
A court in Brazil has found Johann Steynberg, the mastermind of the bitcoin ponzi scheme Mirror Trading International (MTI), guilty in a case in which he is accused of using a forged identity document. The court, however, commuted Steynberg’s three-and-a-half-year sentence to a fine of just...
SEC’s Crypto Compliance by Enforcement Push Continues as Bittrex Hit With $24 Million Fine
10.8.2023
The US Securities and Exchange Commission (SEC)’s push to force the crypto industry into “regulatory compliance” via enforcement action continues, with bankrupt crypto exchange Bittrex the latest to fall foul of the agency.
Bittrex just agreed to pay a $24 million fine to the SEC, after the agency...
Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine
10.8.2023
The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities
Florida Gov. DeSantis Suspends Official, Smiles Behind 'This Is Fine' Meme
9.8.2023
Florida Governor, Disney hater, and high-heeled shoe fan Ron DeSantis announced the immediate suspension of a democratically elected state attorney on August 9 with the help of an online meme. The resulting scene is sad, confusing, and yet another example of how the terminally online politician...
The Next Game Pass Additions Are For Those With Impeccable Taste
18.7.2023
Xbox just announced a bunch of picturesque action, adventure, and puzzle games coming to its subscription service Game Pass, including a couple of day-one releases that are likely stun you with their charming art styles and captivating stories for hours on end, or until Microsoft announces the next...
Celsius 'pleased' with resolutions amid $4.7B FTC fine
14.7.2023
A community member responded that they were also “pleased” to see former Celsius CEO Alex Mashinsky charged with multiple crimes