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The Latest Breaking News from Crypto

Another major crypto exchange has been hacked, with $100 million stolen

Following HTX hack, a crypto bridge was also abused at the same time - with both incidents having one person in common.

TechRadar

CZ Under Fire: X Restricts Ex-Binance CEO's Account; DOJ Scrambles To Prevent Him From Leaving US

Changpeng Zhao created a buzz on Tuesday when he announced that he was stepping down as the CEO of Binance, and now he is under fire.

International Business Times

KuCoin Delists 10 Altcoins, Withdrawals Available Only Till May 2024

The delisting, which takes effect from Friday, is a bold move as it reflects the exchange's commitment to its Special Treatment Rules, which disqualifies the affected tokens and essentially removes them from the platform.

International Business Times

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Justin Sun-Linked HTX Resumes Services Following $30M Exploit; Crypto Exchange Hacked Twice In 2023

This was the second time the exchange was hacked after being rebranded as HTX in September.

International Business Times

Bankman-Fried Receives Special Treatment In Prison, Is Giving Crypto Advice And Trading Mackerel: Report

Bankman-Fried is seemingly adapting well to this new chapter of his life. The fallen crypto mogul is trading mackerel fish to pay for prison services, a report said.

International Business Times

Binance’s DOJ Settlement Sparks Crypto Market Volatility

Bitcoin sees mixed trading as altcoins prepare for next surge; Analysts predict bitcoin to surpass $40,000

Zenger

Crypto Investments On Thanksgiving 2022: Winners And Losers

Thanksgiving reflections: Crypto investments since 2021 show mixed results

Zenger

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Binance, CEO Admit Guilt In $4B Settlement With U.S. DOJ

World's largest crypto exchange faces charges related to money laundering and violations of U.S. laws.

Zenger

Bitcoin’s Thanksgiving Surge: Crypto Leaders Express Gratitude For 18-Month Highs

Bitcoin's detachment from global stocks and positive regulatory developments fuel optimism in the cryptocurrency sector.

Zenger

Can Binance survive fallout from founder Changpeng Zhao's guilty plea?

Binance has seen outflows of over $1 billion in the past 24 hours, according to analysis firm Nansen. This is sparking questions on whether the crypto exchange can withstand its founder Changpeng Zhao pleading guilty to breaking US anti-money laundering laws and stepping down as CEO. Also, US and international…

France 24

Cryptocurrency PAC Aims To Boost Pro-Crypto Candidates In 2024 Election

Fairshake PAC, backed by Coinbase CEO, spends $1.2M on ads for crypto-friendly House candidates.

Zenger

Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action

While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry

The Independent UK

Binance saw $800 million in outflows after news broke of Changpeng Zhao’s plea deal. Experts say it could have been much worse

The company saw $800 million of outflows in some of the largest cryptocurrencies over the past day.

Fortune

Changpeng Zhao: another crypto king is dethroned by America’s courts

Weeks after the Bankman-Fried trial, the billionaire founder of the largest cryptocurrency exchange has been fined $50m and resigned

The Guardian - UK

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PC Gamer

Another one bites the dust: Binance CEO quits as both he and the company plead guilty to money laundering charges and accept whopping $4.3 billion fine

Changpeng Zao founded the company in 2017, and it's since become the world's largest crypto market.

Fortune

Binance avoided a death sentence—but the slow bleed is yet to come

The long-awaited settlement with the crypto exchange avoided FTX territory.

Zenger

Binance Hit With $4.3B Justice Department Penalty: Yellen Says Crypto Exchange ‘Turned A Blind Eye’ To The Law

Binance admitted guilt to federal charges Tuesday as part of resolution with U.S. Justice Department amounting to over $4 billion

France 24

After days of turmoil at OpenAI, co-founder Sam Altman to return as CEO

After days of turmoil at OpenAI, ousted leader Sam Altman is to return as CEO. The San Francisco-based company issued a statement late on Tuesday saying an agreement had been reached in principle with Altman to take back his role with a new board. Also in this edition, the head…

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Zenger

Bitcoin,Ethereum,Dogecoin Tumble After Binance CEO Changpeng Zhao Resigns,Pleads Guilty To Felony Charge

Major cryptocurrencies experienced a downturn on Tuesday evening following a significant development involving Binance

Zenger

Buy This Much DOGE Today And Afford A Tesla Model Y When The Crypto Reaches 25 Cents

The price of Dogecoin (CRYPTO: DOGE) recently passed 8 cents and hit new highs not seen since April

Zenger

Bitcoin’s Potential Journey Towards Oblivion Amid Rise Of Efficient Digital Currencies

Founder of Unicoin predicts Bitcoin's diminishing market share and emergence of superior alternatives

Zenger

‘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

Fortune

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?

The Independent UK

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

Zenger

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.

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