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Binance.US Restricted in Florida and Alaska After Former CEO’s Guilty Plea


Troubled cryptocurrency exchange Binance.US continues to face pressure from regulators in the United States after regulators in Florida and Alaska told the crypto exchange that it can no longer serve its residents. Florida and Alaska regulators have informed Binance.US that the cryptocurrency...

Crypto Companies Leverage AI Despite Ongoing Challenges


Recent statistics show that the artificial intelligence (AI) market size is expected to reach over $3 billion this year. Therefore, it shouldn’t come as a surprise that a number of crypto-focused companies have started to incorporate AI into their products. Why companies are combining crypto with...

Sygnum Bank Surpasses $40 Million in Strategic Funding Round


Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching $900 Million Valuation in Latest Round Digital...

Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria


The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that these actions harmed its business prospects....

Pandoshi (PAMBO) Emerges as a Contender to Shiba Inu’s (SHIB) Success


  In the volatile cryptocurrency market, investors continually seek emerging assets that offer exceptional profit potential. As we progress into 2024, this quest gains increasing relevance, with attention pivoting toward cryptocurrencies like Pandoshi (PAMBO) that exhibit immense room...

Avalanche Announces Eligibility Criteria for Meme Coin Purchasing Program


The Avalanche Foundation, a non-profit organization seeking to support the avalanche ecosystem, has announced the rules covering its already active meme coin purchasing program. The institution has defined the holder count, concentration, liquidity, liquidity providers, lifespan, and market...

Ransomware and Darknet Markets Top List For Most Prominent Crypto Crimes


A new report from blockchain analysis firm Chainalysis found that crypto related crimes decreased in 2023. While notable, findings also show that ransomware and darknet market activity involving cryptocurrency increased considerably. Eric Jardine, cybercrime research lead for Chainalysis, told...

Crypto Lender Abra to Return Assets to Texas Investors


Following regulatory scrutiny, crypto lender Abra has agreed to a settlement. The settlement, which focuses on Abra’s alleged unregistered securities offerings, will see the company returning assets to Texan investors. Abra Agrees to Refund Texas Investors in Settlement Over Crypto Offerings...

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