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The Latest Breaking News from Crypto

New Class Action Complaint Alleges Coinbase 'Knowingly' Violated Securities Laws

Coinbase is once again in the spotlight for all the wrong reasons as a new class action lawsuit from investors alleged that the crypto exchange "knowingly" operated an unregistered business.

International Business Times

Decade-Long Dormant Whale Wallet Awakens As Bitcoin Surges To $64K

A crypto whale that held hundreds of Bitcoin for over 10 years has just reactivated the account, earning both praise and confusion among other digital asset holders on X as the whale activity happened on the day BTC rebounded to $64,000.

International Business Times

Crypto Industry Lost $71M To Security Incidents Last Week: Blockchain Security Firm

The crypto sector has been flagged multiple times for being vulnerable to exploits and scams unless strong security measures are in place, and such vulnerability was once again highlighted last week, when hackers and scammers pilfered over $71 million from the emerging industry.

International Business Times

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Cryptocurrency Trader Loses Millions In Address Poisoning Scam

Learn how cryptocurrency traders are falling prey to sophisticated scams, resulting in significant financial losses. Stay vigilant to protect your investments.

Top News

Bitcoin Stalls- Are Higher Highs on the Horizon?

Bitcoin has only ventured under the $60,000 per token level a few times since early March, as the price consolidated after making a new record peak. Bitcoin is the leading cryptocurrency, and the spot Bitcoin ETFs have increased its profile, leading to a new all-time high.

Barchart

Tether Partners With Chainlysis To Monitor Transactions Amid Mounting Scrutiny

Tether announced it has partnered with Chainalysis for a blockchain monitoring solution that will improve the stablecoin giant's compliance practices, especially in relation to "secondary" market transactions.

International Business Times

Warren Says Iran's 'Increasingly Lucrative' Crypto Mining Industry Used To Evade Sanctions

U.S. senators Warren and King Jr. have once again asked the Biden administration to provide details about the extent of Iran's crypto mining industry, which they said was being used to evade sanctions and fund terrorism.

International Business Times

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Amid spike in fraud cases, police issue advisory on crypto trading

Cyberabad Police warns against rising frauds in P2P crypto trading, urging caution to prevent illicit fund handling.

The Hindu

Digital Gold Rush: Navigating the Opportunities and Risks in Cryptocurrency

Cryptocurrencies are a new phenomenon in the financial sector that seems to offer great rewards but at very high risks.

inkl

Nigeria Court Delays Binance Trial To May 17

Nigeria court adjourns Binance trial to May 17 over cryptocurrency exchange licensing allegations.

Top News

Crypto Breakthrough: Elliptic Publishes Research On How AI Can Detect Bitcoin Laundering

Elliptic shared the progress it made in studying the use of AI in detecting illicit activities in the crypto space, and this time, its machine learning model was able to help identify money laundering movements using Bitcoin, the world's most popular digital asset.

International Business Times

Senator Blasts DOJ's Stance Over Self-Custody Crypto Wallets

Sen. Lummis, who has called for regulations that do not stunt innovations in the crypto space, on Wednesday called out the Biden administration for criminalizing the "core tenants of the Bitcoin network."

International Business Times

'Nothing Major': Michael Saylor, Other Hodlers Shrug Off Bitcoin $58K Freefall

Bitcoin dropped to $58,000 on Wednesday, and even as newbie crypto traders and BTC non-believers plant FUD in the minds of other holders, the "hodlers" are displaying a serious sense of unity.

International Business Times

Clippers Used Savage Arena Advertisement to Troll Mavericks Ahead of Game 5

Crypto.com Arena features a well-placed advertisement that's indirectly trolling the Dallas Mavericks.

Sports Illustrated

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Reason

Groundhog Day for the Crypto Wars: The DOJ on Bitcoin Prowl

The government always has seemingly good reasons to sidestep people’s rights.

International Business Times

Crypto Users Demand SEC, Chair Accountability Over 'Misleading' ETH Stance; Congress Sets Hearing

Under increasing pressure over the revelation that Gensler's SEC had viewed Ether as a security before it refused to answer Congress regarding the matter, the House Committee on Financial Services has scheduled a hearing on SEC enforcement next week.

Top News

Bitcoin Price Drops Below ,000 Amid Fed Rate Concerns

Bitcoin's price drop below ,000 due to Federal Reserve rate concerns impacts fintech and crypto markets.

International Business Times

Bitcoin Plunges To $60K As Binance's CZ Gets Sentenced To 4 Months In Prison

On the day of his sentencing, the price of Bitcoin plummeted from nearing $64,000 to $60,000. Such a development led the crypto community to express various thoughts on his sentence, with some predicting the digital coin won't see a bull run until the crypto mogul is released in August.

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International Business Times

Bitcoiners Blast Peter Schiff For Comment On Michael Saylor's Post Amid BTC Dip

Several followers of Bitcoin maximalist Michael Saylor are not pleased that gold advocate Peter Schiff made a sarcastic comment on their crypto hero's post, with some saying the stockbroker should wait for the day when Bitcoin reaches stellar prices as gold has.

International Business Times

Ex-Binance Chief Jailed For Four Months In US

The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.

Top News

Binance Founder Sentenced To Four Months In Prison

Changpeng Zhao, founder of Binance, sentenced to 4 months in prison for money laundering. Binance fined billion. DOJ cracks down on financial crimes in ...

The Hindu

ED seizes crypto assets worth about ₹ 90 crore in ‘E-Nugget’ case

Enforcement Directorate seizes ₹90 crore in frozen crypto assets linked to E-Nugget money laundering case, arrests mastermind.

The Guardian - US

Binance founder sentenced to four months for money laundering

Changpeng Zhao pleaded guilty and stepped down as CEO of the crypto trading company last year

International Business Times

Stripe Snaps 6-Year Crypto Break, Announces USDC Stablecoin Support In Summer

Stripe has returned to the cryptocurrency space six years since it terminated support for Bitcoin payments, but this time, it is jumping back in through the expanding stablecoin market, starting off with the USDC.

International Business Times

Morgan Stanley Reportedly Considers Allowing Solicited Bitcoin ETF Purchases

Morgan Stanley may trigger a significant shift in the way traditional banking institutions have dabbled into cryptocurrency offerings as it is reportedly exploring the possibility of allowing its brokers to recommend spot Bitcoin ETFs to clients.

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