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The Latest Breaking News from Cryptocurrency

Binance.US, SEC not far apart on deal avoiding full asset freeze

Binance.US and the Securities and Exchange Commission agreed to work on a deal that avoids a total asset freeze at the cryptocurrency trading platform, which the regulator has accused of operating illegally.

Tribune News Service

TechScape: The US is clamping down on cryptocurrency – is the UK next?

Regulators have launched two big lawsuits against Binance and Coinbase, and Rishi Sunak could mine the benefits

The Guardian - UK

Solana survived Sam Bankman-Fried. Can it survive Gary Gensler?

The risk for the blockchain is “potentially existential,” says one legal expert, but developers remain unfazed.

Fortune

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EU Watchdog Calls Out Social Media, Elon Musk And ‘Finfluencers’ For ‘Crypto Con’

A report from the European Consumer Organization calls out social media platforms for letting cryptocurrency ads avoid regulations

Zenger

Accused of stealing Tuskegee Airman’s savings, ex-Cook County judge could now face criminal contempt charge

Patricia Martin was ordered last month to pay $1.2 million after she failed to turn over records or answer questions about her handling of Oscar Lawton Wilkerson Jr.’s money.

Chicago Sun-Times

Top US tech investor to open office in UK citing crypto-friendly approach

California-based venture capitalist firm says UK now on ‘right path to becoming a leader in crypto regulation’

The Guardian - UK

Thousands of fake cryptocurrency sites trap users in fake reward schemes

Researchers discover elaborate scheme to trick victims into giving away bitcoin - here's how you can stay safe.

TechRadar

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How to trade Bitcoin

The first ever cryptocurrency, Bitcoin (BTC) is now the most valuable cryptocurrency in the world. However – as with all cryptocurrencies – it is a highly volatile asset and its price can fluctuate dramatically. If you are aware of the risks and want to trade in Bitcoin, this guide sets…

Evening Standard

Bitkub revenue dips 48% as crypto sinks

Bitkub Online (BO), the owner of Bitkub Exchange, Thailand's leading cryptocurrency platform, reported a 48% year-on-year decline in revenue last year as the crypto market plunged.

Bangkok Post

SEC lawsuits against cryptocurrency companies raise questions about industry's future

Two recent lawsuits filed by the U.S. Securities and Exchange Commission against the world’s biggest cryptocurrency exchanges have reopened tensions between the government and a volatile industry that has been marred by scandals and market meltdowns

The Independent UK

Wall Street's top cop is determined to bring crypto to heel. He just took a big shot

The SEC announced this week a barrage of lawsuits against crypto exchanges Coinbase and Binance. The outcome could help define the future of the cryptocurrency sector.

WEKU

Judge in FTX bankruptcy rejects media challenge, says customer names can remain secret

A Delaware bankruptcy judge says the names of individual customers of collapsed cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure

The Independent UK

Crypto Takes The European Stage: Inside MiCA’s Transformative Regulatory Framework

Markets in Crypto Assets (MiCA) regulation is expected to be enacted by Dec 30, 2024.

Zenger

Hackers are attacking Minecraft to push malware once again

Modders are being targeted with infostealers capable of hijacking cryptocurrency transactions.

TechRadar

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The Guardian - US

US targets Binance and Coinbase – is the government ready to regulate crypto?

Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent

Bangkok Post

Binance halts trading in US dollars

NEW YORK: The American branch of Binance, the giant cryptocurrency exchange, said late Thursday that it would no longer allow customers to trade on its platform using United States dollars, after its banking partners cut the firm off in response to a crackdown by federal regulators.

Zenger

Binance Exec Hits Back At Jim Cramer’s On-Air FTX Comparison: ‘I Hope You Have Some Evidence’

CNBC "Mad Money" host Jim Cramer, came under fire for his criticisms of cryptocurrency exchange platforms Binance and Coinbase

Fortune

Gary Gensler offered to serve as informal advisor for Binance, the exchange’s lawyers allege

Gensler has since that Zhao and Binance "engaged in an extensive web of deception."

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Zenger

EXCLUSIVE: Bitfinex And Tether CTO Advocates For Crypto Focus On Emerging Markets Over US, Europe

Bitfinex and Tether CTO Paolo Ardoino believes that entities in the industry should rather focus on emerging markets

Daily Mirror

Former NFL minority owner jailed after defrauding pro league in $700 cryptocurrency scam

A million dollar cryptocurrency scam of a now-defunct pro football league has resulted in a prison sentence for a former owner of the NFL's Minnesota Vikings

Daily Mirror

'I dressed like a kid to go undercover in the crypto world and sold a dog photo as an NFT for $20k'

Award-winning journalist Ian Halperin went undercover to lift the lid on the mysterious world of cryptocurrency finding out shocking details about the scale of deaths among the new crypto millionaires

The Guardian - UK

SEC crypto crackdown: US regulator sues Binance and Coinbase

Securities and Exchange Commission is targeting cryptocurrency firms it thinks are bypassing regulation

The Guardian - UK

SEC accuses Coinbase cryptocurrency exchange of breaking US regulations

Securities and Exchange Commission sues platform for allegedly operating as unregistered broker

Kiplinger

SEC Sues Coinbase and Binance, World's Two Largest Cryptocurrency Exchanges

The SEC charged leading crypto exchanges Coinbase and Binance with a laundry list of securities law violations, at an already fragile time for the cryptocurrency sector.

France 24

US regulators accuse crypto exchange Binance of violating securities laws

The US Securities and Exchange Commission has filed a lawsuit against cryptocurrency exchange Binance and its CEO, Changpeng Zhao, accusing the platform of engaging in a "web of deception". The SEC's civil complaint lists 13 charges, including operating as an unregistered exchange, and accuses Binance of diverting investor funds to…

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