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1 year, 9 months ago
Millionaire Investor Kevin O'Leary Paid $15.7 Million to Promote FTX Exchange
Kevin O’Leary, the millionaire investor and “Shark Tank” television personality, was reportedly paid $15.7 million for promoting the now-defunct cryptocurrency exchange FTX. O’Leary allegedly received the payment…
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1 year, 9 months agoRipple Receives Major Payments Institution License from Singapore Central Bank
Ripple has been granted a full license by the Monetary Authority of Singapore (MAS) to operate as a major payments institution in the country. This license allows Ripple to provide digital payment token services,…
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1 year, 9 months agoSEC Rejects Coinbase Motion to Dismiss Lawsuit
The United States Securities and Exchange Commission (SEC) has asked a federal judge to deny Coinbase’s motion to dismiss a lawsuit by the regulator. The SEC believes that some of the cryptocurrencies listed on C…
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1 year, 9 months agoSEC Denies SEC's Request to Appeal Ripple XRP Case
US District Judge Analisa Torres has denied the Securities and Exchange Commission’s (SEC) request to appeal part of her recent decision in its lawsuit against Ripple Labs over its sales of the digital token XRP. I…
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1 year, 9 months agoBitcoin Prices Steady Despite High Interest Rates
Bitcoin has been relatively steady in September, posting one of its strongest performances since 2012 and 2016. Trading at around the $27,300 zone on October 3, Bitcoin is up roughly 10% from September lows, and…
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1 year, 9 months agoJudge Rejects SEC Motion in Ripple Case, XRP Price Surges
Ripple, the blockchain payment company, has won another legal battle against the Securities and Exchange Commission (SEC). Judge Analisa Torres has rejected the SEC’s motion to appeal the Ripple ruling, which was a…
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1 year, 9 months agoSEC Denies Appeal in Ripple Labs Case, Trial Set for April 2024
The SEC and Ripple Labs are gearing up for a courtroom showdown in April 2024, after Judge Analisa Torres denied the SEC’s request for an interlocutory appeal on October 3. The verdict of the trial could have a m…
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1 year, 9 months agoNew Ether Futures ETFs Launch With Modest Trading Activity
Six new Ether futures ETFs from fund managers ProShares, VanEck, and Bitwise made their debut on Monday, providing investors with new ways to gain exposure to the second-largest crypto by market capitalization.…
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1 year, 9 months agoBitcoin Supply on Exchanges Drops to 5-Year Low, Whales Accumulating BTC
The supply of Bitcoin (BTC) on cryptocurrency exchanges has dropped to a 5-year low of around 2.29 million BTC, according to blockchain data platform Glassnode. This decrease in supply on exchanges has been…
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1 year, 9 months agoBinance Helps Thai Authorities Dismantle $277 Million Crypto Scam
Binance, a crypto exchange, has played a key role in helping Thai authorities dismantle a massive crypto scam that drained over $277 million from victims across Thailand. Working with the Cyber Crime Investigation…
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1 year, 9 months agoJudge Torres Rejects SEC Motion to Appeal Ripple Ruling
Judge Analisa Torres has rejected the United States Securities and Exchange Commission’s (SEC) motion to file an interlocutory appeal against the recent Ripple ruling. In an Oct. 3 court order, Judge Torres d…
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1 year, 9 months agoSam Bankman-Fried Worried Employees Got Too Rich After SRM Price Increase
Sam Bankman-Fried, the CEO of FTX, was worried that his employees had become too wealthy due to the sudden increase in the value of SRM. As a result, he changed the rules and made them wait longer to sell their…
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1 year, 9 months agoCelsius Network Seeks Redemption Through Chapter 11 Revival
Celsius Network has begun its bankruptcy trial in New York, with the goal of relaunching itself as a user-owned Bitcoin miner. The company has informed a judge that it intends to repay customers whose funds have…
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1 year, 9 months agoSam Bankman-Fried Trial Begins as FTX Collapses
Sam Bankman-Fried, former CEO of FTX, is on trial in New York for seven counts of conspiracy and fraud in connection with the collapse of the cryptocurrency exchange he co-founded. He has pleaded not guilty to all…
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1 year, 9 months agoU.S. Treasury Sanctions Crypto Wallets Connected to Fentanyl Trafficking
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned crypto wallets allegedly connected to individuals and companies involved in the production of fentanyl. The U.S. J…
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1 year, 9 months agoBinance Assists Thai Police in Crypto Scam Investigation
Binance, a crypto exchange, has recently joined forces with the Royal Thai Police in an investigation that led to the arrest of several suspects behind fraudulent activities. The investigation was assisted by…
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1 year, 9 months agoArdana Labs Closure: $4 Million in Funds Misused Through CEFI Exchanges
Ardana Labs, a project that aimed to provide an innovative stablecoin platform for the Cardano network, raised $10 million from investors in 2021. However, the project suddenly closed up shop in November 2022,…
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1 year, 9 months agoCrypto Exchange Collapse: Can You Trust FTX?
Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, is facing a criminal trial in the United States Justice Department. During jury selection on Oct. 3, Assistant U.S. Attorney Danielle Sassoon…
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1 year, 9 months agoAlex Mashinsky to Stand Trial in September 2024 for Securities Fraud
Alex Mashinsky, the former CEO of Celsius, will stand trial in September 2024 for multiple counts of fraud, including wire fraud, securities fraud, commodities fraud, and conspiracy to manipulate the value of the…
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1 year, 9 months agoCelsius Seeks Final Approval for Reorganization Plan, Repayments by Year-End
Celsius, a troubled cryptocurrency network, is currently in court seeking approval to initiate customer repayments by year-end and gain complete approval for its reorganization plan. The repayment to creditors will…
