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US Lawmakers: Jailed Binance Executive, US Citizen, Wrongfully Detained by Nigeria
6.6.2024
A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer Gambaryan’s case to the Office of Special Presidential...
FBI Warns of Crypto Scams in Fake Work-From-Home Jobs
6.6.2024
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating...
Riot Platforms bounces after damning report claiming collapse
6.6.2024
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital
39% of Family Offices Investing or Exploring Cryptocurrencies: BNY Mellon
6.6.2024
The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering them, highlighting a keen interest in this modern...
Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor
6.6.2024
Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto...
Ripple President Says SEC on ‘Warpath’ With Crypto Industry
6.6.2024
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating:...
Florida Man Pleads Guilty to Wire Fraud Conspiracy Tied to Forcount Crypto Ponzi
6.6.2024
Juan Tacuri, oe of the top promoters in the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors around the world of a collective $8.4 million – has pleaded guilty to his role in the operation, federal prosecutors announced Wednesday
'Stand with Crypto' PAC hits 1 million advocates
5.6.2024
The Stand With Crypto political action committee claims that nearly nine in 10 Americans believe the financial system needs an overhaul
Mike Novogratz Expects Bitcoin to Hit $100K by Year-End as US Political Support for Crypto Grows
5.6.2024
Galaxy Digital CEO Mike Novogratz predicts bitcoin could hit $100,000 by year-end, citing a positive U.S. political environment for digital assets. He highlighted growing optimism for cryptocurrencies and progress on SEC approval of spot ethereum ETFs. However, the industry recently faced a setback...
Advocacy Group 'Stand With Crypto' Says It's Exceeded 1 Million Signups
5.6.2024
Stand With Crypto, a digital assets advocacy group backed by Coinbase Inc., said it signed up its first million members as of Wednesday
Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum
5.6.2024
On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps Up Ethereum Trading With 200x Leverage Offering According to a social media post on X published...
General election could delay crypto regulation by months — CryptoUK
5.6.2024
Whether the U.K. Conservative Party maintains control of government or Labour is voted in, the House of Commons will be in recess until July 4 and during party conference season
Crypto’s Latest Privacy Battle
5.6.2024
Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June
5.6.2024
Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead...
SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
5.6.2024
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed...
Turkey denies plans to tax crypto, stock gains
5.6.2024
Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions
Coinbase Launches ‘Smart Wallets’ in Bid to Simplify Crypto Onboarding
5.6.2024
Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex processes and high fees associated with traditional crypto wallets. This new offering seeks to onboard over one billion users through simplified, gasless transactions...
SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates
5.6.2024
The approval of new exchange traded funds (ETFs) for Ethereum's ether {{ETH}} is a logical next step to the regulator previously approving spot bitcoin ETFs, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler seemed to suggest twice on Wednesday
Centralized crypto exchange trading volume falls to $5.2T in May
5.6.2024
Trading volumes on CEXs have somewhat subsided after topping $9 trillion in March
Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols
5.6.2024
"Once you get hacked in most of the cases you're done," CEO Dadosh said. "And this is what we're trying to prevent."