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The Latest Breaking News from Crypto

Used by North Korea–linked hackers, Sinbad.io becomes 3rd crypto mixer slapped with U.S. sanctions in last 18 months

Sinbad.io is the third crypto mixer to be sanctioned by OFAC since May 2022.

Fortune · Nov 29, 2023

SoFi is getting out of crypto. Customers have 3 weeks to move their accounts to Blockchain.com—or possibly face a big tax bill

SoFi first offered crypto trading in 2019, but it never became a huge part of the fintech firm.

Fortune · Nov 29, 2023

Inside Gary Gensler’s efforts to remake the SEC

How a former Goldman Sachs banker became the most divisive SEC chair in decades.

Fortune · Nov 29, 2023

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Wormhole raises $225 million at a $2.5 billion valuation, finalizing split from Jump Crypto amid firm’s recent pullback

Saeed Badreg, CEO of Wormhole Labs, said that raise was in exchange for future Wormhole tokens.

Fortune · Nov 29, 2023

Justin Sun Speaks Up After TRON, TUSD Drop Due To Terror Financing Allegations

The crypto entrepreneur immediately released a statement defending his crypto businesses after the decline the value of TRON dropped and TrueUSD de-pegged.

International Business Times · Nov 29, 2023

Coinbase Alerts Customers About CFTC Subpoena Regarding Bybit Transactions

The platform warned customers that it may respond to the regulator's subpoena unless it is reversed by a court by Thursday.

International Business Times · Nov 29, 2023

Hong Kong crypto regulators under fire again after creators of Hounax exchange allegedly disappear with $19 million

The Hounax rugpull comes right after more than $120 million was stolen from the unlicensed JPEX exchange in September.

Fortune · Nov 28, 2023

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With Sam Bankman-Fried in the slammer, now the fugitive crypto 'Lunatic' behind 2022's $40B crash is being extradited from his Montenegrin getaway

The question is whether he goes to South Korea or the US.

PC Gamer · Nov 28, 2023

TechScape: Why billions in sanctions can’t bring down Binance

In this week’s newsletter: Changpeng Zhao has pleaded guilty to breaking US anti-money-laundering laws but will the enforcement end there?

The Guardian - UK · Nov 28, 2023

Gary Gensler has remade the SEC into a crypto nemesis and climate warrior. Now a backlash is brewing

The combative former Goldman Sachs banker faces staff burnout, widening criticism from Congress, and a potential reckoning from hostile federal courts.

Fortune · Nov 28, 2023

70% Of Bitcoin's Circulating Supply Hasn't Moved For Over A Year: Bitfinex Report

These metrics show Bitcoin holders' reluctance to sell while buyers look for BTC supply, which is one of the factors why the king of crypto reached a new year-to-date high of $38,410 on Nov. 24.

International Business Times · Nov 28, 2023

Netflix Battles Rookie Series Creator in Arbitration After He Blows $55 Million on Fancy Cars, a Watch and Crypto

Netflix commissioned Carl Erik Rinsch, director of a single box-office bomb, to create a sci-fi series called 'Conquest.' That was a mistake

Broadcasting & Cable · Nov 27, 2023

Pro-crypto Majority Whip Tom Emmer says $4.3 billion Binance settlement shows U.S. doesn’t need new crypto laws

The lawmaker said current laws are suitable to “weed out bad actors.”

Fortune · Nov 27, 2023

Coinbase stock surges 18% in a week as CEO Brian Armstrong says Binance settlement closes ‘that chapter of crypto’s history’

“Building a company offshore, skirting regulation, it's just not going to work,” Armstrong said in an interview with CNBC in London.

Fortune · Nov 27, 2023

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Fortune · Nov 27, 2023

70% of jobs can be automated, McKinsey’s AI thought leader says—but ‘the devil is in the detail’

“We got it wrong many times with dotcom and crypto and a few other things,” said QuantumBlack’s Alexander Sukharevsky, but this is a “platform shift.”

Fortune · Nov 27, 2023

Binance’s new CEO on the post-CZ era and what comes next

Replacing a founding CEO is never easy. For incoming Binance CEO Richard Teng, the task will be even tougher than usual.

International Business Times · Nov 27, 2023

SEC Reports Having Trouble Issuing Legal Notices To HEX Founder Richard Heart

The SEC said its counsel was expected to report by Dec. 15, and if it failed to do so, the financial regulator would have to explore alternative services.

International Business Times · Nov 27, 2023

Beware: North Korean Hackers Allegedly Have New Modus Operandi To Steal Your Crypto

Malicious actors pretended to be officials from South Korea's National Pension Service, National Health Insurance, National Tax Service and National Police Agency to send phishing emails to recipients.

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International Business Times · Nov 27, 2023

Binance's Changpeng Zhao Could Be Detained In The US, Spend A Decade In Jail

Zhao and the crypto exchange he founded, Binance, pleaded guilty to the DOJ's charge of one count of violating the Bank Secrecy Act.

Fortune · Nov 27, 2023

New Binance CEO Richard Teng says firm has ‘robust timeline’ for board, financial disclosures

In his first on-the-record interview, Binance’s new CEO explained how he will guide the company in the post-CZ era.

International Business Times · Nov 27, 2023

BONE ShibaSwap Now Available On Binance, But There's A Catch

Last week, there were three transactions that transferred BONE tokens to a wallet associated with Binance. This activity sparked speculation about the potential listing of the Shibarium gas fee token on the exchange.

Zenger · Nov 27, 2023

Conservative Or Bold? Crypto Analyst Foresees Bitcoin Hitting $100K In Next Bull Market

Crypto expert and fund manager Dan Tapiero forecasts a bright future for Bitcoin (CRYPTO: BTC), projecting a significant surge in its value

Zenger · Nov 27, 2023

Mixed Trading For Cryptocurrencies As BlackRock Presents Plan For Bitcoin ETF

BlackRock showcases in-kind or in-cash redemption model for iShares Bitcoin Trust as SEC discusses Bitcoin ETF listing

International Business Times · Nov 27, 2023

Justin Sun Promises 'Epic Airdrop' To HTX, Poloniex Users Impacted By Crypto Hacks

Sun, who acts as an official representative of both crypto exchange platforms, shared his plans to not only cover the losses but also reward users.

International Business Times · Nov 27, 2023

Altcoin 'Finally Going To Break Out,' Expect 50% Rally: Crypto Analyst

A pending altcoin rally is on the horizon as notable trends show alternative coins are gaining strength, crypto analysts say.

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