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The Latest Breaking News from Crypto

SEC Tells Court Coinbase Can't Force It To Write Up New Crypto Rules

The SEC is pushing back on Coinbase's request for the regulator to establish new rules dedicated for the crypto sector, saying its existing regulations were adequate to rein in the emerging industry.

International Business Times

Dormant Bitcoin Account Worth $63K 10 Years Ago Awakens To The Tune of $30M

Dormant digital wallets are awakening after years of inactivity, triggering another wave of buzz among crypto holders at a time when Bitcoin prices are on the low.

International Business Times

Bitcoin Price Predicted To Reach Bitcoin Price Predicted To Reach Top News Million By 2030 Million By 2030

Bitcoin's 2024 surge to new heights driven by institutional adoption and optimistic forecasts, shaping the future of cryptocurrency.

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Standard Chartered Analyst Believes Trump Government Will Be 'Actively Supportive' Of Bitcoin

Ex-President Donald Trump, who recently signaled he won't oppose the growing crypto sector, may be a boon to Bitcoin and the broader digital assets' industry, a Standard Chartered analyst said.

International Business Times

Binance Client DWF Labs Denies Allegations Of Market Manipulation

DWF Labs and Binance have rejected allegations related to the former's alleged market manipulation that was revealed by a former Binance staffer who was supposedly fired a week after discovering the issue.

International Business Times

US Election 2024: Expert Calls Bitcoin Community 'A Politician's Dream Population Segment'

Unchained Capital's Joe Burnett believes the Bitcoin community will play a major role in the campaign strategies of politicians heading to the elections later this year.

International Business Times

Canadian Regulator Slaps Binance With 4M In Fines Over AML, Anti-Terrorism Financing Violations

Binance is faced with over $4 million in fines in Canada after a regulator deemed that the crypto exchange giant violated its anti-money laundering and anti-terrorism financing law.

International Business Times

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Cardano Creator Says Biden Administration Seeks To 'Kill Crypto' Amid SEC Bulletin Drama

Charles Hoskinson called the Biden administration's latest statement regarding a House resolution that repeals the highly-debated SAB 121 of the SEC as "garbage."

International Business Times

Robinhood Reports Record Q1 Earnings After Cryptocurrency Surge

Robinhood stock initially surged after the retail brokerage firm reported earnings, but has since pulled back. Here's what you need to know.

Kiplinger

Kill Bill: Biden Administration Vows To Veto Resolution Overturning Controversial SEC Bulletin

President Joe Biden will veto a resolution passed Wednesday by the House that strikes down the SEC's SAB 121, which requires crypto custody service providers to hold customer's digital assets on their balance sheets.

International Business Times

SEC Ripple Case: Regulator Insists $2B Penalty 'Needed' To Deter Crypto Giant's Future Violations

The SEC has reiterated in another court filing that a massive penalty on Ripple was necessary to ensure that future violations will be deterred.

International Business Times

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Core Scientific mined a significant amount of Bitcoin in the first quarter of the year, even as it just emerged from bankruptcy in January.

International Business Times

Ex-Bitcoin Critic Trump Says He Will 'Stop' Regulatory Hostility Toward Crypto

Donald Trump has once again signaled to the crypto community that he has come around as he hosted NFT owners and even vowed to "stop" the government's regulatory hostility toward digital assets.

International Business Times

Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

Robinhood has just unveiled its Q1 2024 earnings, highlighting how its embattled cryptocurrency unit played a major role in the fintech giant's overall profits during the first quarter.

International Business Times

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WEKU

FTX says it will return money to most of its customers

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.

USA Today Sports Media Group

The Psychology of Ethereum Trading: Understanding Market Sentiment and Trends

Ethereum, the second-largest cryptocurrency by market capitalization, has garnered significant attention from traders and investors worldwide. With its innovative blockchain technology enabling smart contracts and decentralised applications (DApps), ...

The Guardian - US

US crypto entrepreneur arrested in Dubai alleges torture by police

Edel Hsieh, who is linked to HyperVerse CEO, alleges police tortured him into signing a false confession

Axios

FTX customers to get paid "in full", plus interest; but still stand to lose

Customers still don't stand to recover what they lost in the cryptocurrency exchange's collapse — not even close.

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International Business Times

Gensler Dodges ETH Question, Says Crypto A 'Small Piece' Of Overall US Financial Market

Gensler, seemingly unmoved by calls for him and the SEC to be held accountable for "misleading" statements regarding Ether's status as a security or a commodity, once again dodged a direct question regarding the world's second-largest cryptocurrency.

International Business Times

NFL Legend Rob Gronkowski To Pay $1.9M To Settle Voyager Digital Investors Lawsuit

Ron Gronkowski has agreed to settle majority of the "millions" that plaintiffs are set to receive in relation to their complaint against the NFL great and other sports figures over their promotion of collapsed crypto lender Voyager Digital.

International Business Times

Susquehanna Reveals Billion-Dollar Bitcoin ETF Treasury

Susquehanna has jumped into the institutional Bitcoin ETF list as the quantitative trading giant revealed it has more than $1 billion worth of BTC ETFs across multiple issuers – the largest investments on Grayscale's GBTC.

International Business Times

Crypto Community Buzzes As Grayscale Withdraws Ethereum Futures ETF Application

Grayscale, which recently saw a reversal in activity around its spot Bitcoin ETFs, has withdrawn its application for Ethereum futures ETFs, raising questions among industry analysts and enthusiasts.

Top News

Los Angeles Sparks Move Home Games To Crypto.Com Arena

Los Angeles Sparks move upcoming WNBA games to Crypto.com Arena to accommodate growing interest in women's basketball and engage a larger audience.

The Hindu

Hacker Sriki arrested in a 2017 Bitcoin scam case

Bengaluru hacker Srikrishna Ramesh arrested for alleged Bitcoin scam, hiding crypto wallet addresses in laptop.

International Business Times

CFTC Chair Expects New Crypto Enforcement Actions In As Early As 6 Months

The CFTC's Rostin Behnam has once again warned that the public's interest in digital assets only indicates the immediate need for regulations that should protect investors from "fraud and manipulation."

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