Two Russians Indicted by US DOJ for Laundering 600k Bitcoins
In a significant development, the U.S. Department of Justice (DOJ) has taken legal action against two Russian individuals, Alexey Bilyuchenko and Aleksandr Verner, for their
Article written by Lisa Choo
Judge’s Decision: U.S. Courts to Manage $7.3B in Contested FTX Bankruptcy Assets
A recent bankruptcy hearing has resulted in a federal judge rejecting a request to transfer control of embattled cryptocurrency exchange FTX’s $7.3 billion in disputed
Binance CEO Criticizes SEC’s Actions in Releasing Employee Chat Records
Binance CEO Changpen Zhao (CZ) has reportedly addressed the recent disclosure of employee chat records by the US Securities and Exchange Commission (SEC) in an
Kraken Unveils NFT Marketplace Featuring a Diverse Range of 250+ Collections
Kraken, the San Francisco-based centralized exchange, has officially unveiled its highly anticipated NFT marketplace. With an impressive array of over 250 unique NFT collections, Kraken
Australian Bank Sets Limits on Payments to Crypto Exchanges
The Commonwealth Bank of Australia has taken proactive steps to protect its customers from crypto-related scams by introducing measures that limit the ability to send
U.S. Lawmakers Demand Investigation into Binance for Alleged Deception of Congress: Bloomberg
Binance is under scrutiny as two U.S. Senators, Elizabeth Warren and Chris Van Hollen, have called for an investigation by the U.S. Department of Justice
Cardano Foundation Counters SEC’s ADA Security Classification
Following the United States Securities and Exchange Commission’s (SEC) inclusion of Cardano (ADA) in its lawsuit against Binance, the CEO of Cardano Foundation has expressed
Kim Kardashian EMAX Crypto Case Advances as California Judge Rejects Motion to Dismiss
A California judge has made a crucial ruling in the EMAX class-action lawsuit involving celebrities Kim Kardashian, Floyd Mayweather Jr., and Paul Pierce. Judge Michael
Resilient Crypto Market: $30 Billion Recovery Despite SEC Legal Actions
The recent lawsuits filed by the Securities and Exchange Commission (SEC) against major cryptocurrency exchanges Binance and Coinbase sent shockwaves throughout the crypto industry. The
SEC Chair Gensler Asserts: Digital Forms of Fiat Currencies Suffice, No Need for Additional Digital Currencies
In a recent CNBC interview, SEC Chair Gary Gensler shared his perspective on digital currencies and the importance of cryptocurrency exchanges adhering to U.S. securities
Crypto Life Insurance Startup Raises $19 Million in Funding Round with Participation from Sam Altman
Meanwhile, a Bermuda-based digital asset-denominated life insurance provider, has announced the successful completion of two seed-stage funding rounds, securing a total of $19 million. Led
Defactor Tokenizes $100M in Bonds to Provide Financing for Small Businesses
On June 6, Defactor Labs, a prominent decentralized finance (DeFi) lending platform, announced the successful tokenization of $100 million worth of Alpha Bonds. These bonds,
Kraken Exchange Back on Track: Gateway Issues Resolved, Withdrawals Operating Normally Again
Cryptocurrency exchange Kraken recently encountered an issue with multiple crypto funding gateways, resulting in operational delays for major cryptocurrencies such as Bitcoin (BTC), Ether (ETH),
Binance Ethereum Outflows Reach $778M
The recent lawsuit filed by the United States Securities and Exchange Commission (SEC) against Binance, one of the largest cryptocurrency exchanges, has had a direct
Bitcoin Miners Enjoy Big Profits as Transaction Fees Soar
May proved to be a profitable month for bitcoin miners, as several mining companies reported higher production levels. This surge in production can be attributed
DYdX Token Soars By 10% After SEC Sues Binance
DYDX, the native token of the decentralized exchange platform dYdX, experienced a significant price jump to $2.23 after the U.S. Securities and Exchange Commission (SEC)