News
Feds bust $73M crypto scam, arrest two masterminds
The scammers convinced victims to transfer millions of dollars into these U.S. bank accounts, which were then used to launder the illicit funds.
an hour ago
Genesis Global secures court approval for $3B payout
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.
3 hours ago
If SEC approves Ether ETF, many ‘will be caught severely offside'
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
3 hours ago
Aussie admits to promoting BitConnect crypto services without a license
The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts.
6 hours ago
Biden may rethink SAB 121 vote veto due to political support for crypto
The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?
8 hours ago
Crypto personality pleads guilty to fraud after promising 60% returns over 3 months
The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a "fictitious" cryptocurrency” wallet after promising significant gains.
10 hours ago
Changpeng Zhao teases writing project ahead of reporting to prison
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing.
13 hours ago
Ghana, Singapore conduct trade in semi-fungible token pilot project
Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing.
13 hours ago
Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack
The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges.
14 hours ago
Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more
This week’s Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton’s CEO betting on blockchain, Polymarket’s funding raise, and a leadership transition at dYdX.
14 hours ago
Blockchain gaming investments reached nearly $1B in April
The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month.
15 hours ago
Ethereum price rallies above $3.1K after unexpected regulatory victory
ETH price hit $3,100, backed by a favorable court ruling and increased network activity.
15 hours ago
Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs
Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.
15 hours ago
Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.
16 hours ago
Solana's SOL Could Hit $200 By Month End, Hedge Fund Founder Says
The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
16 hours ago
US Treasury strategy would tighten virtual asset regs, increase use of AI
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance.
17 hours ago
Price analysis 5/17: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
Bitcoin price aims to break its range resistance and hit a new all-time high. Will altcoins follow?
17 hours ago
Miners Eye Middle East as Next Region for Growth
The halving and a possible U.S. mining tax have miners considering new locations for basing their cost-sensitive operations.
17 hours ago
Proton Mail exposing activist's info showed the limits of encryption
An April report revealed that Proton Mail assisted Spanish police with locating one of its users, leading to questions about its guarantees of privacy.
17 hours ago
Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K
Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024.
18 hours ago
Kraken considers dropping USDT in Europe ahead of new regulations
With new regulations in Europe set to enforce strict limits on transactions and reserve requirements, Kraken is assessing its stablecoins listing.
18 hours ago
Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto's big rally this week continues.
18 hours ago
Crypto firms rally behind FIT21 bill approaching US House floor vote
Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule.
18 hours ago
Dolce & Gabbana face class action lawsuit after NFT delivery kerfuffle
The suit alleges that delays in delivery caused purchased NFTs to lose 97% of their value.
18 hours ago