Search
The Crypto Lawsuit State of Play
8.5.2024
Last month, Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block the regulator from investigating its MetaMask offering or from declaring Ether (ETH) a security. It's the latest company to follow a growing trend...
LocalMonero exchange shuts down as crypto privacy services dwindle
8.5.2024
Monero’s version of LocalBitcoins is closing after 7 years of operations serving the XMR community
Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan
8.5.2024
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
8.5.2024
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it...
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals
8.5.2024
Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from...
New South Korean leadership will press for BTC ETF trading
7.5.2024
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another
Former NFL Star Rob Gronkowski to Pay $1.9M to Settle Crypto Investor Suit
7.5.2024
The NBA's Victor Oladipo and racecar driver Landon Cassill also struck deals, and a group of Voyager investors said this was the "first tranche" of settlements with promoters of the former cryptocurrency lender
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
7.5.2024
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers
U.S. DOJ Identifies and Charges LockBit Ransomware Gang Leader with Fraud, Extortion
7.5.2024
U.S. authorities have identified Russian national Dmitry Khoroshev as the mastermind behind the notorious LockBit ransomware gang, and are offering a $10 million reward for information that leads to his arrest
Poll: Most People Cringe About Crypto, But Enough Care to Warrant Politicians' Attention
7.5.2024
As U.S. politicians continue to wrestle with how to approach crypto issues, about 21% of voters in vital swing states consider cryptocurrency policies as a topic important enough to sway their support, according to a Harris Poll survey commissioned by the industry, though it leaves some uncertainty...
Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters
7.5.2024
The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports
Robinhood Shares Fall After Its Crypto Arm Gets Wells Notice From SEC
6.5.2024
The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase
Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch
6.5.2024
An Australian Federal Court mostly ruled in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme, on Friday
Is China warming up to Bitcoin ETFs? BTC investor’s reply sparks curiosity
6.5.2024
The trade agreements between China and Hong Kong could allow mainland investors to access BTC ETF in Hong Kong
Bitcoin privacy will survive despite CoinJoin closure — zkSNACKs CEO
6.5.2024
The impending closure of zkSNACKs’ CoinJoin service has been described as a setback for Bitcoin developers and privacy proponents
Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report
6.5.2024
Less than 10% of stablecoin transaction volumes are organic or come from real people, according to new findings by Visa and data platform Allium Labs, Bloomberg reported
South Korea stops short of allowing crypto in updated donation laws
6.5.2024
Department store gift vouchers, stocks, and loyalty points from tech giants can be donated to charities, but not crypto
India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges
6.5.2024
India’s Enforcement Directorate has declared its multi-year crackdown on the “E-Nugget” scam in Kolkata successful. The operation has resulted in cash and crypto seizures, along with the arrest of the mastermind. Investigations uncovered numerous dummy accounts and led to...
US Government Could Target Bitcoin, Warns ‘Wolf of All Streets’ Amid Crypto Attacks
4.5.2024
Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government...
Former Cred Executives Indicted on Wire Fraud, Other Charges
4.5.2024
Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by the U.S. Attorney's Office in the Northern District of California