In a significant development for the blockchain data-oracle project, Chainlink (LINK) has witnessed a significant response to its enhanced crypto-staking program, amassing over $632 million worth of its LINK tokens within a remarkably short period. The company announced a recent press…
In response to the Hamas attacks on Israel in October, a group of bipartisan US senators has introduced the Terrorism Financing Prevention Act. The legislation aims to tighten regulatory actions against terror groups by countering the use of cryptocurrency for…
As anticipation builds for the long-awaited approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), an encouraging sign has emerged, further increasing the likelihood of approval. The SEC issued an investor alert regarding “crypto asset…
In a significant move towards embracing blockchain technology, the United States Congress Committee on Energy and Commerce recently achieved a milestone by unanimously passing the Deploying American Blockchains Act of 2023. The bill voted in favor with a 46-0 majority, was part…
As the eagerly awaited Bitcoin (BTC) exchange-traded fund (ETF) verdict approaches, excitement and anticipation continue to grow in the cryptocurrency market. According to a report by K33 Research, the upcoming decision, expected between January 8 and January 10, has been…
Bitcoin (BTC), the world’s leading cryptocurrency, has recently witnessed a surge in price, reaching a new yearly high of $42,100 on Monday. However, this significant price increase has raised concerns among market participants about the possibility of a potential correction and…
Esteban Cabrera Da Corte, a Miami gang leader, has been handed a 63-month prison sentence by a federal court in New York for orchestrating a cryptocurrency scam that defrauded US banks and a prominent exchange of over $4 million. The…
Superstar soccer player Cristiano Ronaldo is currently entangled in a class-action lawsuit that alleges investor damages resulting from his endorsement of cryptocurrency exchange Binance. The lawsuit claims that Ronaldo’s collaboration with Binance to promote his non-fungible token (NFT) collections led…
In a testament to its unwavering confidence in Bitcoin (BTC), MicroStrategy, one of the largest Bitcoin holding companies, has once again expanded its cryptocurrency portfolio. The company’s former CEO, Michael Saylor, announced the acquisition of an additional 16,130 BTC, valued…
In a targeted exploit, decentralized exchange (DEX) aggregator and liquidity protocol KyberSwap, which serves as the main protocol in the Kyber Network’s liquidity hub, suffered a significant security breach. On November 23, 2023, KyberSwap was attacked, resulting in the theft…
The crypto exchange has undergone a significant leadership transition in the aftermath of Binance Holdings’ $4.3 billion settlement with the US Department of Justice (DOJ). According to Bloomberg, Richard Teng, the newly appointed CEO following co-founder Changpeng “CZ” Zhao’s departure,…
In the latest development involving Changpeng Zhao (CZ), founder and former CEO of Binance, it has been announced that he has decided to resign as Chairman of the Board of Directors of Binance.US. Binance.US Affirms Independence From Enforcement Matters As…
In a recent announcement, Tether (USDT) and its sister company Bitfinex have declared their decision to withdraw opposition to a New York Freedom of Information Law (FOIL) request filed by a group of journalists, including Zeke Faux from Bloomberg Businessweek. …
According to a Reuters report, European Central Bank (ECB) President Christine Lagarde revealed that her son experienced substantial losses in his crypto investments, disregarding numerous warnings. Lagarde, a vocal critic of cryptocurrencies, has expressed concerns about their speculative nature, lack…
According to recent reports, three individuals have been handed jail terms for their involvement in a Bitcoin (BTC) theft case in Ho Chi Minh City (HCMC), Vietnam. Pham Van Thuan, Nguyen Thai Son, and Nguyen Cong Dung were convicted of…
According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple felony counts. The…
In a dramatic turn of events, bankrupt crypto lender Genesis has initiated a new legal battle against its long-standing rival, Gemini. The lawsuit claims that Gemini received “unfair preferential transfers” of approximately $700 million shortly before the company declared bankruptcy. …
In a significant development, the US Department of Justice (DOJ) is reportedly pursuing a resolution with Binance, the world’s largest cryptocurrency exchange by trading volume. According to Bloomberg, negotiations between the two parties include the potential for Binance founder Changpeng…
In the US Securities and Exchange Commission’s (SEC) ongoing regulatory crackdown, regulators have turned their attention to US-based crypto exchange Kraken. According to recent reports, the SEC has filed a lawsuit against the exchange, accusing it of operating an unregistered…
As Bitcoin (BTC) continues its upward trajectory toward $38,000, the long-awaited arrival of a US spot Bitcoin exchange-traded fund (ETF) could open the floodgates of digital currency investing for institutional and retail investors. Notably, Bloomberg Intelligence estimates that the potential…