Search
Former SEC Chair Jay Clayton on US Regulator’s New Enforcement Ethos: ‘I Think That’s Problematic’
1.7.2023
Jay Clayton, former chair of the U.S. Securities and Exchange Commission (SEC), has revealed his stance on the recently implemented enforcement strategy of U.S. regulators. In an interview on CNBC, Clayton stated that the SEC’s strategy of bringing myriad cases to court against U.S....
Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges
30.6.2023
Over the past two weeks, bitcoin cash has experienced a significant surge, increasing 182% against the U.S. dollar and attracting more hashrate to its network. Approximately 22 bitcoin cash mining pools are now allocating SHA256 hashrate to the chain as BCH is currently 2.7% more lucrative to mine...
Binance Played a Crucial Role in Israel's Historic Counterterrorism Effort Against Iran and Hezbollah
30.6.2023
Binance has disclosed a collaboration between its Sanctions Investigation Team and Israel’s Ministry of Defense in a counterterrorism operation against Iranian and Hezbollah terrorist groups.
A June 29 blog post revealed that this operation aims to track down terrorism financing operations linked...
North Carolina Advances Bill to Study Holding Bitcoin, Using Crypto to Hedge Against Inflation
30.6.2023
The U.S. state of North Carolina has advanced a bill to study holding cryptocurrencies, particularly bitcoin, in the state treasury. The bill appropriates $50,000 from the state’s general fund to study three areas, including “The process of acquiring, securely storing, insuring, and liquidating...
Today in Crypto: Germany's Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance to Lose Support of Its Euro Banking Partner, Slovakia Reduces Crypto Taxes
29.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Germany's Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance...
FTX Files Lawsuit Against Ex-Compliance Chief Friedberg Over Alleged 'Hush Money' Payments
29.6.2023
Defunct crypto exchange FTX’s lawyers are suing the company’s former compliance chief officer Daniel Friedberg for paying off insiders who threatened to reveal the exchange's illegal activities.
The lawsuit alleges that the former compliance chief served as a "fixer," paying "exorbitant hush...
Robert Kennedy Jr Promises to Protect Your Right to Use and Hold Bitcoin as President
29.6.2023
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to ensure that “your right to use and hold bitcoin is inviolable” if he is elected U.S. president. “Bitcoin is not only a bulwark against totalitarianism and the manipulation of our money supply, it points the way toward...
CFTC issues $54M default judgment against trader in crypto fraud scheme
28.6.2023
As a result of the judgment, the defendant is also now prohibited from engaging in any trading activities within markets regulated by the CFTC and is barred from registering with the regulatory body
Judge Rejects Bankman-Fried’s Attempt to Dismiss Criminal Charges, Calls Arguments ‘Unpersuasive’ and ‘Without Merit’
28.6.2023
On Tuesday, U.S. district judge Lewis Kaplan rejected Sam Bankman-Fried’s attempt to dismiss criminal charges against him. Bankman-Fried claims he was charged in a manner that violates the “rule of specialty” as far as the extradition treaty between the Bahamas and the United States is concerned....
TrueUSD Depegs on Binance.US, Drops to 80 Cents Against Tether
28.6.2023
TUSD trades at a discount versus Tether as former FTX provider Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm bells on Crypto Twitter
Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns
28.6.2023
In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has expressed its intention to take decisive action against the crypto custodian Prime Trust. The regulatory body seeks to not only shut down Prime Trust but also swiftly seize...
'Keep Australia safe': Dystopian draft bill against 'misinformation' unveiled
26.6.2023
The proposed legislation could have serious implications for free speech in Australia says Shadow Communications Minister David Coleman
Crypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly Gain
25.6.2023
On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over 10% against the U.S. dollar. Furthermore, numerous other...
Crypto Firm Wintermute Entangled in Lawsuit Against Celsius Network
25.6.2023
Creditors of the bankrupt landing firm Celsius have amended their lawsuit to include Wintermute.
Plaintiffs in the class-action lawsuit against Celsius Network have now alleged that Wintermute helped the crypto lending firm in wash trading.
The new court filing shows Wintermute Trading Ltd as...
Binance’s ‘Provocative’ Motion Against SEC Could Expedite Criminal Charges, Warns Former SEC Official
25.6.2023
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned that Binance’s recent motion accusing the regulator of ethical violations could expedite criminal charges against the crypto exchange. “Binance’s motion is provocative and Binance’s...
$30K to $50K — 6 AI-Powered Chatbots Attempt to Predict Bitcoin’s Price by the Year’s End
24.6.2023
With bitcoin price up more than 15% against the U.S. dollar, people are more bullish about the leading crypto asset’s market performance. Two weeks ago, Bitcoin.com News asked several AI-powered chatbots whether they believe bitcoin will become a reserve currency. This time, we posed...
Winklevoss Twins Rail Against US SEC’s Anti-Crypto Stance: ‘It Does Not Feel Like America, It Feels Like Venezuela’
24.6.2023
The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) for its perceived anti-crypto stance and recent enforcement actions. In a recent interview, the Winklevoss twins commented that the regulatory...
Tanzanian Central Bank Says Quoting Prices in Foreign Currency Against the Law
24.6.2023
The Bank of Tanzania (BOT) has reiterated that shillings remain the East African country’s sole legal tender. The apex bank said residents quoting prices in foreign currency or those refusing payment in Tanzanian shillings are in violation of the Bank of Tanzania Act 2006. The central bank...
CFTC Takes Action Against New York Resident for $21M Crypto Pooling Scam
23.6.2023
The Commodity Futures Trading Commission (CFTC) has filed an enforcement action against a New York city resident, William Koo Ichioka, for fraudulently misappropriating over $21 million from over 100 commodity pool participants' funds
OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens
22.6.2023
The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits