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The Latest Breaking News from Crypto

3 Groups File Competing Claims For Sam Bankman-Fried's $11B Forfeited Assets

Sam Bankman-Fried was ordered to forfeit $11 billion in assets after he was found guilty of fraud and other related charges late last year, and now three separate groups are claiming all or some of the assets linked to the collapse of the FTX crypto empire.

International Business Times

Donald Trump Says 'A Lot' Of Crypto Industry's Future Will Be Built In Florida

Trump has been increasingly vocal of his support for the crypto sector in recent months, but he made it specific at a recent event, pinpointing the state of Florida as the place where "a lot" of activity in the sector will be seen once he returns to power.

International Business Times

Crypto Funding: Startups Rake In Over $100 Billion In 10 Years

Cryptocurrency startups continue to attract more investments as the latest data showed that funding in the startup sector has breached the $100 billion-mark within a span of 10 years.

International Business Times

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Innovative Insights: Exploring the Latest Trends in Data Analytics

In today's data-driven world, staying abreast of the latest trends and innovations in data analytics is paramount for businesses looking to gain a competitive edge.

inkl

Sam Bankman-Fried funded a group with racist ties. FTX wants its $5m back

The Guardian reveals FTX trustees, in charge after the CEO’s downfall, allege payments were made with looted funds

The Guardian - US

Crypto social media platform Farcaster has about 50,000 daily users. So why is it valued at $1 billion?

Farcaster is not the first web3 social startup, and will by no means be the last. So why are investors bullish about this one in particular?

Fortune

Gensler Says Spot ETH ETFs May Launch This Summer, Behnam States Ether A Commodity

SEC chief Gensler on Thursday told senators that he believes spot ETH ETFs will be approved for trading sometime this summer, but he once again dodged questions about Ether's status as a commodity or a security.

International Business Times

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Biting Off More Than It Can Chew: Senator Doubts CFTC Can Oversee Digital Commodities

Thursday's Senate Appropriations subcommittee hearing was on fire as CFTC Chair Rostin Behnam was questioned about the regulator's capability in overseeing the digital assets industry.

International Business Times

Ripple Blasts 'Disproportionate' SEC Case Fine, Cites Terraform Labs Settlement

Ripple argued that the fine the SEC seeks against it is "disproportionate," given the recent settlement with Terraform Labs, which was found to have been intentional in orchestrating a securities fraud.

International Business Times

ARK Invest’s Cathie Wood says digital wallet wars will be a ‘winner-take-most’ opportunity

In conversation with Coinbase’s CEO Brian Armstrong at the company’s State of Crypto Summit on Thursday, Wood argued that digital wallets could be a race where one winner takes all.

Fortune

Ethereum Memecoin $MAGAA Team Marks Donald Trump's Birthday With 10 Million Token Airdrop

The $MAGAA memecoin launched with much support from the memecoin community, including some prominent names in the business world, including Donald Trump's son and Dan Bilzerian.

International Business Times

Exploring the User Experience of Popular Crypto Wallet Apps

The cryptocurrency market has experienced significant growth in recent years, with more and more people becoming interested in investing in digital assets.

inkl

Helio Upgrades Solana Pay Plugin, Enabling Crypto Payments For Millions Of Shopify Merchants

Helio has updated the Solana Pay plugin for Shopify, setting the standard for enhanced e-commerce payments through the integration of improved Web3 features such as NFT airdrops.

International Business Times

The SEC hits crypto firm with $4.5 billion penalty—but no one is going to pay it

A billion dollar settlement between the SEC and TerraForm labs means headlines but no real help for victims of the scam.

Fortune

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International Business Times

Collapsed Terraform, Do Kwon Agree To Pay $4.5B To Settle SEC Case

Do Kwon, the founder of the crypto empire that shook the digital assets industry when it collapsed in 2022, will pay to settle a fraud case filed by the U.S. SEC in relation to the crash of the Terra and Luna stablecoins.

International Business Times

Bitcoin Whales Buy The Dip, Snapping Up Over 20,000 BTC

Bitcoin whales saw an opportunity to obtain more coins on Tuesday, when BTC prices plummeted to $66,000 amid negative news regarding spot Bitcoin ETFs.

International Business Times

US Elections 2024: Biden Campaign Reportedly In Talks To Accept Crypto Donations

U.S. President Joe Biden's re-election campaign has taken another step closer to the crypto industry as a new report revealed that the team is in discussions to accept donations from digital asset users through Coinbase Commerce – the same platform that facilitates crypto donations to ex-President Donald Trump's campaign.

International Business Times

Bitcoin Miners Are Selling Their BTC Reserves Amid Halving Impact: CryptoQuant

Crypto miners, specifically those mining Bitcoin, are selling their BTC reserves, CryptoQuant revealed this week, and among the sellers is mining giant Marathon Digital.

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Fortune

Donald Trump’s latest pro-crypto push includes courting Bitcoin miners at Mar-a-Lago

Donald Trump is on a mission to mine every dollar and vote from the cryptocurrency industry that he can.

The Independent UK

‘Brazen corruption’: Donald Trump is selling policies for a second term to the highest bidders

Desperate to return to the White House, Trump is selling off his legislative agenda to donors — even when that means reversing old promises. Richard Hall and Andrew Feinberg report

Fortune

Don’t look now, but Binance is back on top

The crypto exchange's native BNB hit a record high after its enigmatic founder checked into his five-star prison.

International Business Times

'Compliant Path Forward': Ripple Closes Deal To Acquire Standard Custody

Amid its ongoing legal battle with the SEC, Ripple has closed a deal to acquire another digital assets custody firm, Standard Custody & Trust Company.

International Business Times

Trump Wants All Remaining Bitcoin To Be US-Mined

After hosting some of the U.S. crypto mining industry's executives, ex-president Trump said all the remaining unmined Bitcoin should be mined by American miners as he moves to woo the digital assets space.

International Business Times

$30M Dormant Bitcoin Whale Wallet Awakens To $500M After Over 5 Years

Another Bitcoin whale has reawakened from a deep sleep of five years, seeing gains of over 17x from the coins' initial value back in December 2018.

inkl

Everything You Need to Know About Buying Bitcoin

Bitcoin is the digital currency that's been making headlines for years, and with good reason.

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