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US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams
23.11.2023
The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through numerous...
Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months
23.11.2023
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30 million to settle...
US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security
23.11.2023
A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker stressed that Congress does...
KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance
23.11.2023
KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools...
Best Crypto to Buy Now November 22 – dYdX, THORChain, Fetch.ai
22.11.2023
DYDX, RUNE, FET, BTCETF, and BTCMTX rank among the best cryptos to buy now according to recent price action and fundamental developments. Image by cryptonews.com. Red-hot gains from dYdX, THORChain, and Fetch.ai show seasoned cryptocurrencies still have room to run. But newcomers Bitcoin ETF Token...
Top Crypto Gainers Today on DEXTools – PEPEPE, CZ, SNAPCAT
22.11.2023
DEXTools Logo / Source: DEXTools X Account Blue-chip cryptocurrencies are pumping on Wednesday amid a market-wide relief rally as traders digest recent news relating to Binance, the world’s largest cryptocurrency exchange. News broke on Tuesday that Binance had reached deals with the US Department...
Bitcoin Price Prediction as New CoinShares Report Says BTC Could Hit $140,000 If This One Thing Happens – Here’s What You Need to Know
22.11.2023
Despite the buzz around cryptocurrencies’ potential, Bitcoin (BTC), the world’s most valuable cryptocurrency, experienced a setback, slipping below the $37,000 threshold early Wednesday. This downturn coincides with significant industry news: Binance CEO Changpeng Zhao announced...
Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves
22.11.2023
Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $1.7 billion in digital assets, as reported by Nansen, a blockchain analysis company. This substantial...
JPMorgan Says Binance’s Record $4.3B Settlement Removes ‘Systemic Risk,’ Calls It ‘Positive’
22.11.2023
JPMorgan calls Binance’s costly settlement with U.S. regulators a positive development for crypto. Image by HTGanzo, Adobe Stock. Crypto exchange Binance’s $4.3 billion settlement with U.S. authorities marks a positive development for the company and the broader cryptocurrency sector...
Coinbase Seeks US Court’s Assistance to Compel SEC on Crypto Rule-Making
22.11.2023
Source: AdobeStock Brian Armstrong-led cryptocurrency exchange Coinbase has again called on the US justice system to persuade the Securities and Exchange Commission (SEC) to provide clear regulatory guidelines on crypto assets. According to the centralized digital asset trading firm,...
Binance’s American VIPs: A Revealing Look at High-Net-Worth Influence Amid DOJ Settlement
22.11.2023
On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with anti-money laundering (AML) laws. Despite Binance’s...
BCB Group CEO Steps Down Following Exit By Fellow Executives
22.11.2023
Crypto banking firm, BCB Group, announced the departure of CEO Oliver von Landsberg-Sadie today following the exits of two other executives, according to a company email sent Wednesday. A number of notable clientele BCB Group was originally founded by von Landsberg-Sadie and Oliver Tonkin as...
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil
22.11.2023
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss...
Mt. Gox Creditors to Receive Bitcoin Payments Starting 2023 Based on Rehabilitation Plan
22.11.2023
A decade after the Mt. Gox crypto hack, creditors have been informed of a repayment plan beginning in 2023. Image by 24K-Production, Adobe Stock. Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation...
Crypto Experts are Accumulating This AI Crypto Before it Lists on Exchanges – How Does it Work?
22.11.2023
Crypto experts are accumulating YPRED, an AI crypto token offering trading analytics, ahead of exchange listings. Image by Fareed Mindalano, DALL-E. With cryptocurrency trading ruled by FOMO, FUD, and misinformation, yPredict strives to override the noise by revealing statistical market realities...
Heco Chain, HTX Hit by $100M Hack, Justin Sun Says Exchange Will Cover All Losses
22.11.2023
A recent hack drained $100 million worth of crypto from Heco Chain and HTX exchange. Image by Cihangir Stock, Adobe Stock. Cryptocurrency exchange HTX and blockchain protocol Heco Chain were exploited on Wednesday in a hack totaling $97 million worth of digital tokens, according to Justin Sun,...
BNB Plummets as Changpeng Zhao Resigns Amid AML Charges
22.11.2023
Binance’s BNB is currently exchanging hands at $235.24, a slip of 9.70% at the time of drafting this article. This further represents a fall of 4.32% in the last week. While it is normal for volatility to factor in and affect the prices of cryptocurrencies, the situation in the case of BNB...
Bitcoin Technical Analysis: BTC Holds Steady After Binance Settlement and Fed Minutes
22.11.2023
The price of bitcoin is coasting along under the $37K range following the recent settlement between the U.S. Department of Justice (DOJ) and Binance. At the same time, the U.S. Federal Reserve’s minutes were released on Tuesday showing no signs of any possible rate cuts or monetary easing....
Suspicious Wallet Activity Indicates $110 Million Drain from HECO Bridge and HTX Exchange – What’s Going On?
22.11.2023
Blockchain security firms detect suspicious activity on HECO bridge and HTX with initial losses estimated at $110 million weeks after $100 million was drained from Poloniex. According to data from Cyver Alerts, a suspicious address has received $12 million from HTX cryptocurrency exchange followed...
Is the Solana bull market coming to an end?
22.11.2023
Solana is a popular cryptocurrency that is currently trading at $54.56 with a trading volume of $2,527,267,755. The cryptocurrency is down by almost 2.3% in the last 24 hours and ranks #7 with a market capitalization of $23,053,287,862. It has an infinite maximum supply and a circulating supply...