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Judge Greenlights Plea Deal in High-Profile Binance Case; CZ Faces Sentencing in 2024
7.12.2023
A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for February 2024. U.S. Federal Judge Confirms...
Riot Blockchain Buys 66,560 Bitcoin Mining Rigs in $290.5 Million Deal with MicroBT
5.12.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin miner Riot Blockchain has announced its purchase of 66,560 bitcoin mining rigs from MicroBT, marking one of the largest orders in the company’s history. Riot Blockchain is set to acquire 66,560 Bitcoin miners from manufacturer MicroBT in one...
Ripple’s CLO Says SEC Is Anything But Infallible — Advises ‘Don’t Be Intimidated When They Come Knocking’
2.12.2023
Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) is “anything but infallible,” emphasizing that the regulator is “bloated, broken, and beleaguered.” He advised investors not to be intimidated when having to deal with...
VIP Binance Traders Reportedly Heard of DOJ Settlement in September
1.12.2023
A number of Binance’s top traders were given exclusive details regarding the crypto exchange’s yet-to-be-announced settlement deal with the U.S. Department of Justice in September, according to a new report. An exclusive dinner According to the report published by Bloomberg, a number of Binance’s...
Talos and Uniswap Forge Landmark Deal to Boost DeFi Access for Institutions – Adoption on the Rise?
1.12.2023
Talos – a digital trading infrastructure provider – has teamed up with Uniswap and Fireblocks to connect institutional traders to the decentralized finance (DeFi) ecosystem. Per a press release from Uniswap on Thursday, Talos’s clients will be able to use the protocol’s trading APIs to access...
Xbox Series X Briefly Selling For $350 In Biggest Discount Yet
1.12.2023
It’s no secret that the Xbox Series X hasn’t been selling great, and this holiday season Microsoft’s “next-gen” console is getting some huge discounts. For a brief period today, Amazon was selling the Starfield machine for as little as $350.Read more
Binance launches world’s first cryptocurrency triparty deal
1.12.2023
For the first time in the cryptocurrency ecosystem, Binance, a global leader in cryptocurrency exchange platforms and an external banking partner, conducted the world’s first triparty agreement (TPA). It is an innovation that introduces the flexibility of the cryptocurrency market and...
DraftKings faces scrutiny over Polygon deal
1.12.2023
The biggest gaming operator, DraftKings, signed a deal with Polygon, a crypto network, in October 2021. This aimed to promote web3 technology and NFTs, which would be achieved via the DraftKings marketplace. Polygon was meant to offer NFTs to a new target audience who had not explored them before...
Iris Energy Acquires 7,000 Next-Gen T21 Bitcoin Miners in Deal With Bitmain
1.12.2023
The Australia-based and Nasdaq-listed Iris Energy recently announced the acquisition of 1.3 exahash per second (EH/s) capacity in Bitmain’s latest Antminer T21 models. This purchase boosts Iris Energy’s proprietary mining capacity to a notable 8.3 EH/s. Iris Energy Secures 1.3 EH/s...
Polygon's Secret Deal: Sending DraftKings Millions to Run Failed Validator
30.11.2023
Polygon quietly gave DraftKings' validator preferential treatment while telling the public it was an "equal" member of the validator community
Crypto Regulation News Weekly Digest: CZ’s Guilty Plea and Grayscale’s Bitcoin ETF Prospectus
29.11.2023
Crypto regulation evolves through CZ plea deal, Grayscale Bitcoin ETF application, Singapore bans, and Lagarde’s personal experience. Image by Titiwoot Weerawong, Vecteezy Last week brought several major developments on the crypto regulation front. Binance founder Changpeng Zhao pleaded...
KyberSwap’s $47 Million Hacker to Propose Deal in Upcoming Statement
29.11.2023
Source: KyberSwap The KyberSwap hacker has indicated plans to propose a deal, with a statement expected on November 30. Following last week’s $47 million exploit of KyberSwap, the hacker has left a message on the network reinstating the inclination to negotiate, with plans to release...
KyberSwap DEX hacker sends an on-chain message: Be nice, or else
29.11.2023
The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and hostilities from execs keep up
Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit
29.11.2023
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year
Why Binance’s US plea deal could be positive for crypto adoption
28.11.2023
Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning?
It Happened To Me: The GameStop Black Friday Deal From Hell
27.11.2023
One of my favorite Black Friday traditions is scrolling through GameStop on my phone and getting a bunch of cool games for cheap. Usually it works out just fine. Last weekend it was a nightmare. It’s hard to convey just how terrible navigating the experience of trying to buy something from GameStop...
SBI Holdings inks an exclusive deal with Circle
27.11.2023
SBI Holdings and Circle establish a strategic partnership to implement Circle’s Web3 solutions, distribute USDC stablecoins, and set up a banking connection. Chairman, Representative Director, President, and Chief Executive Officer of SBI Holdings, Yoshitaka Kitao, and Co-Founder, Chairman...
End of an Era: CZ Steps Down, SEC Names More ‘Securities,’ as US Crypto Crusade Continues — Week in Review
26.11.2023
Bitcoin.com News reported this week that leading crypto exchange Binance will settle with the United States Department of Justice (DOJ) for $4.3 billion, related to breaching anti-money laundering and sanctions regulations. The well-known face of the exchange, and former CEO, Changpeng...
Atletico Madrid Sues Singapore’s Crypto Exchange Over Unpaid $44 Million Sponsorship
24.11.2023
Source: AFP Atletico Madrid, the renowned Spanish football club, is suing Singapore-based crypto exchange WhaleFin, following the unexpected termination of its $44 million shirt sponsorship deal. The football club is seeking $24 million in damages, citing crypto exchange WhaleFin’s alleged...
Major Black Friday Deal: Scorpion Casino Offers a 50% Bonus on Presale as Investors Flock to Invest
23.11.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino (SCORP) is genuinely a unique project, providing both entertaining gaming and casino experiences that are highly rewarding. Several news outlets have covered this in recent weeks...