Binance Founder CZ Remains in U.S. Amid Sentencing Consideration

Binance founder Changpeng “CZ” Zhao is currently required to stay in the U.S. as a federal judge reviews a motion from the U.S. Department of Justice. This motion seeks to keep Zhao in the country until his sentencing early next year. Zhao recently pleaded guilty to violating the Bank Secrecy Act and subsequently stepped down […]

Hong Kong Cryptocurrency Exchange Scam Results in $18.9 Million Loss

Hong Kong authorities have reported that 145 users fell victim to a scam by the unlicensed cryptocurrency exchange Hounax, resulting in a loss of $18.9 million. The exchange claimed to be licensed and cooperated with legal financial institutions, but was listed as a suspicious platform by the Hong Kong Securities Regulatory Commission. Hounax allegedly used […]

Hong Kong Cryptocurrency Exchange Scam Results in $18.9 Million Loss

Hong Kong authorities have reported that 145 users fell victim to a scam by the unlicensed cryptocurrency exchange Hounax, resulting in a loss of $18.9 million. The exchange claimed to be licensed and cooperated with legal financial institutions, but was listed as a suspicious platform by the Hong Kong Securities Regulatory Commission. Hounax allegedly used […]

US Government’s Potential Strategy to Control Bitcoin Sparks Debate Among Experts

In a thought-provoking exchange on X, Matteo Pellegrini, founder of the Orange Pill app, has sparked a significant debate among Bitcoin experts and enthusiasts. Pellegrini shared insights from a recent conversation with an undisclosed source, revealing a potential strategy by the US Government to exert control over Bitcoin through a spot Exchange-Traded Fund (ETF).According to […]

US Government’s Potential Strategy to Control Bitcoin Sparks Debate Among Experts

In a thought-provoking exchange on X, Matteo Pellegrini, founder of the Orange Pill app, has sparked a significant debate among Bitcoin experts and enthusiasts. Pellegrini shared insights from a recent conversation with an undisclosed source, revealing a potential strategy by the US Government to exert control over Bitcoin through a spot Exchange-Traded Fund (ETF).According to […]

HSBC and Hang Seng Bank Join China’s Digital Yuan Pilot, Signaling Foreign Banks’ Adoption of CBDCs

International banking giants HSBC and Hang Seng Bank have joined China’s digital Yuan pilot, marking a significant moment for foreign banks in the digital currency space. This move comes shortly after HSBC launched digital asset custody services. HSBC China customers can now access personal digital Yuan wallet services using their debit cards. They can seamlessly […]

HSBC and Hang Seng Bank Join China’s Digital Yuan Pilot

International banking giants HSBC and Hang Seng Bank have joined China’s digital Yuan pilot, marking a significant moment for foreign banks in the digital currency space. This move comes shortly after HSBC launched digital asset custody services. HSBC China customers can now access personal digital Yuan wallet services using their debit cards. They can seamlessly […]

Coinbase Users Notified of CFTC Subpoena in Connection with Bybit Investigation

Coinbase, a popular cryptocurrency exchange, has revealed that it has been subpoenaed by the U.S. Commodity Futures Trading Commission (CFTC). The email sent to Coinbase users did not provide detailed information about the investigation, but it stated that Coinbase was requested to provide information about its users’ accounts and transaction activity. Coinbase assured its users […]

Coinbase Users Notified of CFTC Subpoena in Connection with Bybit Investigation

Coinbase, a popular cryptocurrency exchange, has revealed that it has been subpoenaed by the U.S. Commodity Futures Trading Commission (CFTC). The email sent to Coinbase users did not provide much information about the nature of the investigation, but it stated that Coinbase was requested to provide information about its users’ accounts and transaction activity. Coinbase […]

Robert F. Kennedy Jr. Warns of Threat to Personal Freedom with Central Bank Digital Currency (CBDC) and Advocates for Bitcoin as Solution

Robert F. Kennedy Jr., an environmental lawyer and anti-vaccine activist, recently expressed his concerns about Central Bank Digital Currency (CBDC) and its potential impact on personal freedom. In an interview on the “What Bitcoin Did” podcast, Kennedy warned that CBDC could be used by governments to track individuals’ spending, giving them complete knowledge of every […]