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The Latest Breaking News from Cryptocurrency

Genesis Settles SEC Charges, To Pay Million

Genesis settles with SEC for million over unregistered digital asset securities offering, reflecting broader cryptocurrency industry regulatory challenges.

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Standard Chartered Sees Bitcoin Hitting $150K By Year-End, Possibly $250K In 2025

Standard Chartered Bank believes Bitcoin can reach $150,000 at the end of 2024, given its recent bull run that allowed the cryptocurrency to hit its all-time high of $73,000 earlier this month.

International Business Times

Prominent Crypto Security Researcher Flags Gotbit Yet Again After 2 Rug Pull Scams

ZachXBT has once again flagged cryptocurrency market maker Gotbit, this time noting there were two partner projects of Gotbit that rug pulled in the past week alone.

International Business Times

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Nigerian SEC Proposes Whopping $95K Registration Fee For Crypto Exchanges

Nigeria's securities regulator now wants companies that want to operate as a digital platform in the country to pay up over $95,000 to register the business – and that's on top of other fees in the registration process lineup that crypto firms need to pay so they can do business…

International Business Times

Despite Ban, China-based cryptocurrency investors made $1B in gains during 2023

According to a report by a New York-based firm, China has made significant gains in cryptocurrency profits in 2023, despite China imposing a ban on Cryptocurrency. The gains enabled the nation to be in the fourth highest position, behind the US, the UK and Vietnam.

Tom’s Hardware

New York Jury Convicts 2 Promoters Of 'Large-Scale Cryptocurrency Ponzi' IcomTech

Two promoters of defunct crypto mining and trading company IcomTech were found guilty of fraud last week, the U.S. Attorney's Office for the Southern District of New York said.

International Business Times

Trump Now Recognizes Bitcoin Has A 'Place' In US' Financial Future: BTC Foundation Chair

Bitcoin Foundation's chairman welcomed ex-president Trump's apparent change of heart in the latter's recent remarks about Bitcoin as the world's first decentralized cryptocurrency nears its halving event.

International Business Times

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El Salvador Will Buy One Bitcoin Daily Until It's 'Unaffordable' With Fiat Currencies: Bukele

Bukele once again made a bold statement regarding El Salvador's Bitcoin strategy, even as the country's Bitcoin City has not started construction work two years after the plan was announced.

International Business Times

Prosecutors Seek 40-50 Years For FTX Fraud By Bankman-Fried

Prosecutors seek lengthy prison term for FTX founder Sam Bankman-Fried over alleged fraud at cryptocurrency exchange.

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Bitcoin's Record High Plummets Amid Crypto Frenzy Pause

Bitcoin's recent sharp decline highlights market volatility and prompts caution among investors. The cryptocurrency's impact on the financial landscape rem...

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'Craig Wrong': Satoshi Nakamoto 'Impersonator' Ruling Stirs Up Crypto Community On X

Craig Wright, who has been claiming for years that he created Bitcoin, isn't the person he says he is, according to a British judge Thursday – the ruling became a sensational topic on X (formerly Twitter) throughout the day.

International Business Times

El Salvador Stashes $406 Million In Bitcoin In 'Cold Wallet': Bukele

El Salvador's President Nayib Bukele said Thursday that his country has stored more than $400 million in bitcoin in an offline "cold wallet" as the cryptocurrency forges new record highs.

International Business Times

Bitcoin Not Invented By Computer Scientist Wright: Court

Australian computer scientist Craig Wright is not "Satoshi Nakamoto", the pseudonym used by the creator of the cryptocurrency bitcoin when it launched in 2008, a UK court ruled Thursday.

International Business Times

Microstrategy Issues New Convertible Debt To Purchase Bitcoin

MicroStrategy issues convertible debt to acquire more Bitcoin, showcasing confidence in cryptocurrency's future.

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International Business Times

Binance Lays Out 'Facts' In Nigeria Business Amid Executives' Detainment

Binance, whose two executives have reportedly been held in a Nigerian government property for about two weeks, said it has provided information to help the country's law enforcement agencies tackle financial crimes.

International Business Times

US Attorney's Office Moves To Recover $2.3M Stolen Crypto In 'Pig Butchering' Scheme

The U.S. government is looking to recover some $2.3 million worth of pilfered cryptocurrencies in a "pig butchering" scam that was initially found to target a Massachusetts resident, but was later found to have also victimized 36 others nationwide.

International Business Times

Judge Denies Gemini-Genesis Bid To Dismiss SEC Lawsuit Over Crypto 'Earn' Program

The SEC has just scored a win in its lawsuit against Gemini and Genesis over the crypto firms' defunct Earn program that led to a billion-dollar loss for investors when the cryptocurrency market experienced a significant downturn late in 2023.

International Business Times

Michael Saylor's MicroStrategy Seeks Another $500M To Buy More Bitcoins

MicroStrategy continues to pursue its Bitcoin buy strategy as the company announced another plan to purchase more of the cryptocurrency by offering $500 million in convertible senior notes.

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Top News

Binance To Bring Colleagues Home Amid Nigerian Crackdown

Binance faces regulatory challenges in Nigeria, relocates employees amidst crackdown on cryptocurrency trading. Learn more about the evolving landscape for...

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Bitcoin Halving: What You Need To Know

Learn about Bitcoin's halving event, its impact on supply, scarcity, and potential price effects in the cryptocurrency market.

Barchart

Will Ethereum Follow Bitcoin to New Record Highs?

Ethereum is the second-leading cryptocurrency. While Bitcoin is the undisputed asset class leader, with 52.3% of the total market cap, Ethereum has 17.5%, and its market cap is over four and a half times higher than Tether, the third top crypto. Ethereum reached a bottom in June 2022 and has…

International Business Times

El Salvador's Nayib Bukele Hails Country's Millions In Bitcoin Profits

President Nayib Bukele has been a Bitcoin bull for years and continued believing in the cryptocurrency's potential even when prices were in the lows late in 2022.

International Business Times UK

Trump Questions Elon Musk's Support Over Electric Car Disagreement, Advocates Bitcoin And Trade Tariffs

Former President Trump, unsure of Elon Musk's party donation, discussed cryptocurrency, tariffs, and economic policies during their recent meeting.

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Grayscale To Launch Spot Bitcoin ETF Spin-Off

Grayscale Investments announces plan to launch a spot Bitcoin ETF, meeting rising demand for cryptocurrency investment products.

inkl

Cryptocurrency 101: Essential Tips for First-Time Investors

Getting started with cryptocurrency can be confusing and risky for first-time investors.

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