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The Latest Breaking News from Crypto

Binance Under SEC Probe Over Unregistered Securities Offering: Report

The U.S. Securities and Exchange Commission (SEC) is looking into whether the world’s largest cryptocurrency exchange issued unlicensed securities by way of an Initial Coin Offering (ICO) in 2017.

Benzinga

Bipartisan crypto bill outlines regulatory, tax framework - Roll Call

New legislation would treat cryptocurrency as a commodity and give the Commodity Futures Trading Commission regulatory authority.

Roll Call

Amid crypto turmoil, senators propose sweeping oversight

A bipartisan pair of senators has unveiled what would be the most wide-ranging legislative proposal to regulate cryptocurrencies and other digital assets

The Independent UK

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Crypto Liquidations Top $218M In A Day As Bitcoin Loses $30K Level Again

More than 74,000 crypto traders saw liquidations worth $218.4 million over the last 24 hours.

Benzinga

'Rife With Falsehoods:' Binance Slams Reuters Report On Money Laundering Allegations

Binance, the world’s largest cryptocurrency exchange, has denied the allegations from a Monday Reuters report stating that $2.4 billion in stolen crypto was laundered through its platform

Benzinga

Bitcoin Above $30K, Ethereum, Dogecoin See Some Relief — No Pain And All Gain For Crypto From Here?

Bitcoin spiked on Monday evening, printing its first green weekly candle in 10 weeks, as the global cryptocurrency market cap rose 3.3% to $1.3 trillion at press time.

Benzinga

Bitcoin Faces Uncertain Macro Environment But Impact From Terra Blowup Contained: What Ark Invest Said In Inaugural The Bitcoin Monthly Report

Ark Invest launched a new product over the weekend called The Bitcoin Monthly. Here’s what was covered in the first-ever issue of the online publication.

Benzinga

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Ethereum's On-Chain Fundamentals Point Towards A Bullish Future

Things may be looking up for Ethereum (CRYPTO: ETH) with numerous on-chain data parameters painting a bullish picture for the coin.

Benzinga

Security or Commodity? New Crypto Legislation to Provide Clarity

Sen. Cynthia Lummis (R-WY) and Sen. Kirsten Gillibrand (D-NY) will introduce on June 7 the Responsible Financial Innovation Act, which proposes integrating digital assets formally into the American financial systems.

Benzinga

Crypto-Linked ETFs Report 60% Net Loss So Far In 2022: Will Investor Confidence Ever Return?

According to Bloomberg, as of June 6, crypto-linked equity funds lead the list of the largest negative returns across the entire category of non-leveraged ETFs.

Benzinga

Here's The Bull, Bear Case For Ethereum Classic As The Crypto's Range Tightens

Ethereum Classic (CRYPTO: ETC) spiked up more than 7% higher between 8 p.m. on Sunday and 4 a.m. on Monday before entering into a downtrend on smaller timeframes.

Benzinga

Coinbase Holds Strong On Bitcoin, Ethereum Strength: Here's Why The Stock Must Hold This Pattern

Coinbase Global, Inc (NASDAQ: COIN) surged 12% over Friday’s closing price on Monday morning, before retracing down to trade about 5% higher at press time.

Benzinga

Who Are The People Using Crypto As Payment?

Bitcoin (CRYPTO: BTC) printed its first green weekly candle in 10 weeks yesterday, as the crypto markets are seeing some relief this morning. Bitcoin is now facing significant resistance around $31,500-$32,000, but if it can hold above this level, we can expect continuation to the upside.

Benzinga

Better Buy: Marathon Digital vs. Hive Blockchain Technologies

Massive sell-offs in the crypto market have caused the stocks of prominent cryptocurrency companies Marathon Digital Holdings (MARA) and HIVE Blockchain Technologies (HIVE) to suffer significant price retreats of late. But which of these stocks is a better buy at their current price levels? Read more to learn our view.

StockNews.com

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Benzinga

$2.4B In Cryptocurrency Laundered Through Binance: Report

Binance (CRYPTO: BNB) has been the means for over $2.4 billion if illegal crypto to be laundered from 2017 to 2021, according to a Monday Reuters report covered by Decrypt.

Benzinga

Aussies Lost $81.5 Million to Crypto Scams This Year: ACCC

Australians lost over $AUD 113 million ($81.5m) to cryptocurrency scams between January 1 and May 1 this year, the Australian Competition and Consumer Commission (ACCC) on Monday said. According to ACCC, Australians lost a total of $AUD 205m ($148m) to various scams this year, a 166% increase compared to the…

Mic

$1 billion went down the drain in crypto scams last year

And that’s likely just the tip of the iceberg.

Benzinga

Anonymous Crypto Wallet Moves $147M Worth Of Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $147,616,283 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

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news in one place.

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Benzinga

Bitcoin Whale Moves 5,001 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $149,793,504 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.

Benzinga

Someone Just Sent $426M In Bitcoin To An Anonymous Wallet

What happened: $426,868,940 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: bc1q6pqn309cee3zchs9tn5gs5ft3mjkzmyf4grea0mmyhu9qvnn76tsdy52wc

StockNews.com

Down More Than 70% in 2022, is Now a Good Time to Buy Core Scientific?

The shares of digital asset mining company Core Scientific (CORZ) have plummeted more than 70% in price since their listing on January 20 due to bearish investor sentiment and industry headwinds. And because analysts expect the “crypto winter” to continue, the question is will CORZ be able to regain forward…

Benzinga

Social Media And Crypto a Combustible Combination for Fraud: FTC Report

Social media and cryptocurrencies are a combustible combination for fraud, with nearly half the people who reported losing crypto to a scam since 2021 saying it started with an advertisement, post, or message on a social media platform, according to a report by the US Federal Trade Commission (FTC).

Benzinga

Binance Labs Makes Investment In PancakeSwap

Binance Labs, the venture capital and incubation arm of Binance (CRYPTO: BNB), has made an investment in PancakeSwap, a decentralized exchange built on BNB Chain.

Axios

How "doing your own research" can go wrong

"Do your own research" is associated with conspiracy and mistrust of officials.

The Times of India

Terra investors in India lost big. Now they face the taxman

NEW DELHI: Terra investors around the world lost billions of dollars when the algorithmic-stablecoin project crashed but they recovered a small part of their bets when a new token was distributed as compensation. Investors in India aren’t as fortunate.

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