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The Latest Breaking News from Crypto

‘Banks Are Kind Of Paralyzed’: Why Mass Adoption Of Crypto Needs Regulation, Education And Simplification

As crypto and Web 3 evolve, the market paradigm needs to change to secure further growth while also fostering transparency

Zenger

Analysis: Binance’s $4 billion plea deal is a victory for the company—but there’s a huge catch

It appears Binance may survive its founder and CEO stepping down. But can the crypto exchange thrive under the thumb of U.S. regulators?

Fortune

World’s largest crypto exchange pays $4.3bn to settle federal cases as CEO resigns

Binance crypto exhange was facing scrutiny from federal regulators including the Commodity Futures Trading Commission and the Departments of Justice and Treasury

The Independent UK

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Binance CEO’s Exit Paves Way For Traditional Giants To Dominate Bitcoin ETF Market

Changpeng Zhao's resignation clears path for BlackRock, Fidelity, and Invesco to take over as SEC considers Bitcoin ETF approval.

Zenger

Cryptocurrency PAC Backed By Coinbase CEO Attempts To Help Crypto-Friendly Candidates Win In 2024 Election

Along with a presidential election, there are other races that will be decided by voters in the 2024 election

Zenger

Binance crypto exchange founder to step down amid US illicit finance probe

US authorities say CEO Changpeng Zhao pleaded guilty to breaking anti-money laundering laws.

Al Jazeera

Binance CEO Zhao to step down, plead guilty to settle US investigation

The CEO of Binance, Changpeng Zhao, has pleaded guilty to criminal charges, and has stepped down from the world's largest cryptocurrency exchange. Binance will pay more than $4 billion to the US government and admit wrongdoing, after it was accused of operating as an unregistered securities exchange among other violations…

France 24

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CZ, founder of crypto giant Binance, pleads guilty to money laundering violations

Changpeng Zhao agreed to plead guilty to money laundering charges and step down from Binance as part of a sweeping settlement with the Department of Justice and top regulators.

WEKU

Binance BNB token drops on criminal charges, Bitcoin and broader crypto market dip slightly

Binance CEO Changpeng “CZ” Zhao is expected to step down and plead guilty to criminal charges.

Fortune

Some of the earliest Bitcoin wallets could be particularly open to hacking

Signed up to a crypto wallet between 2011-2015? You could be vulnerable to losing its contents, so act now.

TechRadar

Apple's being sued by Venmo and Cash App users over iPhone crypto transfer fees

Apple is being sued by users of some finance apps because they aren't allowed to use crypto with them thanks to App Store rules.

iMore

Sam Altman’s role ‘not expected to change’ at eyeball-scanning crypto startup Worldcoin amid OpenAI drama

Altman is the chairperson and cofounder of Tools for Humanity, the organization overseeing Worldcoin.

Fortune

What's behind Binance's rumored $4 billion settlement

A new rumored settlement between Binance and the agency suggests the company and its CEO are not going anywhere.

Fortune

Exclusive: Privy, the crypto startup powering buzzy consumer tools, raises $18 million

Privy is behind the hot new restaurant reservation app Blackbird launched by the founder of Resy.

Fortune

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Zenger

Crypto Lobbysists Spent Over $56M On Lobbying In 2023: Did It Make A Difference?

From 2019 through 2023, the cryptocurrency industry in the U.S. invested a total of $56.44 million in lobbying efforts

Fortune

SEC alleges in new lawsuit that Kraken failed to register and commingled customers’ funds

Kraken settled with the SEC earlier this year over its crypto staking business.

Zenger

Digital Asset Exchange Traded Products Surge 91% In AUM, Bitcoin Dominates

Fineqia reports $38 billion AUM, highest level since May 2022, as crypto ETPs see significant growth.

Fortune

Bitcoin breaks $37,000 following election of crypto-friendly presidential candidate in Argentina

Javier Milei has said Bitcoin is the natural reaction of citizens to central bank policies.

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inkl

Strategic Changes to CFD Trading in the UK and Australia

Discover how UK and Australian CFD traders adapt to new regulations with more intelligent risk management and strategic trading in the Forex and Crypto domains.

TechRadar

Bloomberg Twitter account hijacked to send users to phishing malware

Hackers are targeting Discord tokens yet again, and this time they're abusing Bloomberg to do it.

Zenger

Argentina Elects Bitcoin Advocate As President, Crypto Market Gains Momentum

Javier Milei's victory sparks 3% surge in Bitcoin price, signaling potential for further growth

WEKU

He lost $200,000 when FTX imploded last year. He's still waiting to get it back

The crypto mogul Sam Bankman-Fried has been tried and convicted of orchestrating one of the largest financial frauds in history, but little has changed for people who lost billions when FTX collapsed.

Foreign Policy

Why Did America’s Elite Keep Falling for Crypto Frauds?

Even experienced journalists got suckered by Sam Bankman-Fried.

Zenger

Fortune 500 And Bitcoin: Top Public Companies Embrace Crypto

The global cryptocurrency payments could grow at 18

Zenger

Bitcoin, Ethereum, Dogecoin Drop, New Report Suggests Absence Of SEC Decision On Spot BTC

The cryptocurrency market experienced a drop on Thursday evening after a wave of sell orders was positioned

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