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US Court Hands 3-Year Jail Sentence to Man Accused of Conspiring to Defraud Crypto Holders

23.8.2023
A U.S. court has sentenced a man accused of conspiring to defraud cryptocurrency owners to three years in prison. The court also ordered the man to pay $2,816,433 in restitution to 11 victims of his Subscriber Identity Module (SIM) swap fraud scheme. SIM Swap Fraud Scheme A United States district...

First Republican presidential debate to feature pro-crypto candidates

22.8.2023
Florida Governor Ron DeSantis and Vivek Ramaswamy will be in attendance at the political debate on Aug. 23, but not Miami Mayor Francis Suarez, despite earlier claims

Coin Center responds to US lawmakers' request for crypto tax guidance

21.8.2023
Among the crypto advocacy group's suggestions included a De Minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops, and hard forks

PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’

21.8.2023
Industry experts explain the benefits and disadvantages of PayPal’s PYUSD stablecoin

US judge rules in favor of human ingenuity, denies copyright for AI art

20.8.2023
This ruling shifts the conversation on AI and copyright, underscoring the significance of human creativity in intellectual property

Ether Futures ETFs could all get approval at same time: Report

19.8.2023
At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States

China facing deflation may be bad news for Bitcoin

19.8.2023
Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin

Elon Musk endorses pro-crypto presidential republican candidate

19.8.2023
Musk's statement, "He is a very promising candidate," piqued curiosity about Ramaswamy's candidacy and his stance on cryptocurrencies

SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea

18.8.2023
The SEC seeks to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs

Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement

17.8.2023
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity

2024 could be very bullish for crypto — Here’s why

17.8.2023
This week’s episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm

Federal Reserve issues enforcement action against FTX-linked US bank

17.8.2023
Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022

CoinSmart president says crypto taxes are a 'little bit more favorable' outside US

16.8.2023
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways

Binance.US request for protective order against SEC goes to magistrate judge

16.8.2023
The legal team for Binance.US filed a motion for a protective order on Aug. 14, claiming it was necessary to protect the firm from the SEC’s “fishing expedition” during discovery

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 1-Week Lows Ahead of FOMC Minutes

16.8.2023
Bitcoin neared a breakout below $29,000 on Wednesday, ahead of the release of anticipated Federal Open Market Committee (FOMC) minutes. The minutes will show the United States Fed’s reasoning behind its last rate hike, whilst also giving guidance on its future decisions. Ethereum dropped...