SEC to Pay $1.8 Million in Fees After Dismissal of Case Against Debt Box
The SEC filed a lawsuit against Debt Box in July 2023, alleging an illegal cryptocurrency scheme valued at $50 million. The U.S. District Court for the District of Utah has…
Will Crypto Markets React to Massive $4.7 Billion Bitcoin Options Expiry Today?
Friday is crypto options expiry day but today is an end-of-month event with a massive batch of expiring Bitcoin contracts, how will markets react? Crypto markets have declined slightly this…
Donald Trump Asked if Bitcoin Could Help in Solving the $35 Trillion US National Debt Problem.
David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national…
Robinhood Almost Close To Settling GameStop Meme Stocks Suit.
A court document revealed that Robinhood is finalizing a settlement with investors who sued over its trading limits on GameStop and other stocks during the 2021 meme stock surge. In…
PayPal introduced its PYUSD stablecoin on the Solana blockchain for faster and cheaper transactions.
Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater…
$2 Billion To Be Invested By Google in Malaysia for AI Data Center.
Google’s investments in Malaysia will contribute $3.2 billion to GDP and create 26,500 jobs by 2030, with its cloud region joining 40 global regions. The investment of $2 billion (RM9.4…
Telegram To Changes New Crypto Wallet Provider.
Online messaging app, Telegram has announced a switch in its crypto wallet service provider, opting for WOT Global Solution LTD starting May 30. This transition aims to enhance user experience…
Biden campaign targets crypto industry outreach surprisingly after Donald Trump announced he would accept crypto donations.
President Joe Biden’s re-election campaign has begun reaching out to crypto industry players over the past two weeks for guidance on “crypto community and policy,” sources said. Sources said they…
Former FTX Top Executive Sentenced to 7.5 Years in Prison.
Salame was co-CEO of FTX Digital Markets, the crypto exchange’s Bahamas-based subsidiary. Former FTX co-CEO Ryan Salame was sentenced yesterday to 90 months in prison, according to Damian Lewis, the…
Nigerian Correction Service officials yet to obey court order to hospitalise Binance executive for malaria.
Last week, a Nigerian judge directed prison officials to transfer detained Binance executive Tigran Gambaryan for treatment after he collapsed in court. Yet Nigeria’s Correctional Service ― which runs the…