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Blockchain Can Help Advance Healthcare Data Management Solutions
3.2.2024
Advanced data management solutions within the healthcare sector are becoming increasingly important as organizations realize the need to manage, govern, exchange, and analyze both internal and external datasets. In addition, providing adequate data protection has become a major concern...
Genesis Settles SEC Lawsuit, Agrees to $21 Million Civil Penalty for Earn Product
2.2.2024
Genesis Global and its affiliated entities have reached a settlement with the United States Securities and Exchange Commission (SEC), agreeing to pay a civil penalty of $21 million. The settlement, which resolves the SEC’s civil lawsuit against Genesis over the “unregistered offer...
Denver Pastor Accused of Crypto Fraud Spotted Preaching in Zambia After Missing Court Date
1.2.2024
Denver-based Pastor Eli Regalado, who faces allegations of orchestrating a $3.2 million cryptocurrency scam, has been seen preaching in Zambia despite missing a mandatory court hearing in the United States. A recent report by Newsweek unveiled that Regalado was observed delivering sermons at...
CME Group Bitcoin Futures’ Open Interest Slides 24% as Spot ETFs Gain Traction
31.1.2024
The launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States has impacted investor demand for Bitcoin futures, leading to a decline in open interest. Data compiled by Bloomberg reveals that open interest in CME Group Bitcoin futures contracts dropped by approximately...
Spot Ethereum ETF Approval Expected May 23rd and Could Surge in Value, New Report Says
30.1.2024
The United States Securities and Exchange Commission (SEC) is looking to approve spot Ethereum ETFs by May 23rd of this year, a January 30 report revealed. A Positive Outlook The Block’s report stems from Standard Chartered Bank – a London-based, multinational bank in which its head...
Binance Regains Trading Volume Market Share Following Settlement with US DOJ
30.1.2024
Cryptocurrency exchange Binance has experienced a notable recovery in its trading volume market share, rebounding to 49% two months after settling its case with the United States Department of Justice and paying a $4.3 billion settlement fine. The data, provided by crypto research firm Kaiko...
Defendant Pleads Guilty to Drug Related Charges, Forfeits $150 Million Worth of Cryptocurrency
30.1.2024
An Indian national has pleaded guilty to conspiracy and narcotics-linked charges issued by a United States District Court. The guilty plea resulted in a forfeiture of $150 million worth of cryptocurrency. In a recent press release, the United States Attorney General’s Office in the Southern...
US Sanctions on Russia Similar to Planting a ‘Bomb Under the Dollar,’ Says Russian Analyst
30.1.2024
The United States’ sanctions against Russia are undermining confidence in the U.S. dollar and may force other countries to ditch the currency, a Russian financial analyst has said. The analyst said contrary to the West expectations, the sanctions against Russia have failed to destroy...
Rep. French Hill Voices Optimism for Crypto Legislation Progress in 2024
30.1.2024
U.S. House Representative and Financial Services Subcommittee on Digital Assets Chair French Hill (R-AR) has voiced optimism about the progress of cryptocurrency legislation in 2024. During an event hosted by the Foundation for Defense of Democracies on Jan. 29, Hill discussed the crypto...
Digital Asset Funds Record $500 Million Outflows Amid Market Market Decline
29.1.2024
Digital asset investment products have recorded a massive $500 million in outflows in the last seven days following a week of sell-offs as the wider market struggled. A recent CoinShares Digital Asset Weekly Funds Flow Report shows huge outflows across Bitcoin (BTC) and multiple altcoins with...
At Least 18 U.S. Senators Show Support for Crypto, Data Reveals
29.1.2024
Recent data from Coinbase’s nonprofit advocacy organization, Stand with Crypto, reveals a growing divide among U.S. senators regarding their stance on cryptocurrency. At least 18 senators in the United States are currently supportive of crypto, while 30 senators stand in opposition. Stand...
“A Calamity for Human Rights” – Robert F. Kennedy Jr to End CBDC Development if Elected President
29.1.2024
United States Presidential candidate Robert F Kennedy Jr said a Central Bank Digital Currency (CBDC) would lead to government control over personal finances and vowed to end all efforts towards its development. In a recent video posted on X (formerly Twitter), Kennedy highlighted his plans...
Estonian Government Approves Extradition of Crypto-Fraud Accused Duo to the US, Again
27.1.2024
The Estonian government has once again approved the extradition of the two alleged masterminds behind the Hashflare crypto mining Ponzi scheme to the United States. According to a local news report, the government has met the conditions for the men’s extradition set by the Tallinn Circuit Court....
Binance and SEC Clash Over Evidence Production and Witness Depositions in Ongoing Legal Battle
27.1.2024
The legal battle between Binance and the United States Securities and Exchange Commission (SEC) continues to intensify as court documents shed light on the clash over evidence production and witness depositions in the SEC’s case against the leading cryptocurrency exchange. According to...
Estonia Renews U.S. Extradition of Crypto Businessmen Accused of $575 Million Ponzi Scheme: Report
26.1.2024
The Estonian government has decided to renew the United States extradition of two alleged fraudsters accused of running a $575 million scheme, Estonian Public Broadcasting reports. “Justified in accordance with the rule of law” The extradition’s approval reverses an earlier decision made by...
Binance.US Restricted in Florida and Alaska After Former CEO’s Guilty Plea
26.1.2024
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...
Football Star Cristiano Ronaldo Plays Football with Binance NFT Holders Amid Lawsuit
26.1.2024
Cristiano Ronaldo trained with holders of his non-fungible token (NFT) in a Binance event amid several investors seeking damages from the sports star in a United States lawsuit. On Jan 25, Ronaldo played football with selected NFT holders in a training drill in Lisbon alongside Binance ambassador...
Ethereum Leads Weekly Altcoin Losses as Wider Market Sell-Off Continues
26.1.2024
The crypto market remains in the red zone with altcoins and pack leader Ethereum (ETH) posting losses two weeks after the approval of spot Bitcoin (BTC) ETF by the United States Securities and Exchange Commission (SEC). On-chain data shows the price of several crypto assets trading at monthly lows....
“We Squandered a Decade of Opportunities To Do Our Job,” SEC Commisioner Says
24.1.2024
The Commissioner of the United States Securities and Exchange Commission (SEC), Hester Peirce, seemed to express remorse over the federal agency’s handling of spot Bitcoin ETF approvals in a recent interview. Peirce says Ethereum ETF will not follow suit “We squandered a decade...
70% of Crypto Asset-Related Communications Violate Rules: FINRA
24.1.2024
The U.S. Financial Industry Regulatory Authority (FINRA) has reported that approximately 70% of crypto asset-related communications reviewed in a recent targeted exam have failed to comply with its rules. According to a recent report by the FINRA, the examination launched in November 2022 involved...