OKX Bows Out of Hong Kong, Withdraws VASP License Bid.
While OKX is discontinuing its centralized cryptocurrency trading services for Hong Kong residents, the exchange’s Web3 self-hosted wallet offerings will not be impacted. In compliance with regulatory requirements, OKX said…
Incognito Market Owner Arrested After FBI Tracked Crypto Transactions
At 23, accused of operating the Incognito Market and extorting users, Rui-siang Lin had also refashioned himself as a crypto crime expert. A Taiwanese national has been charged with running…
Binance Executive hospitalised While Wife Laments His ‘unjust detention’ That Caused his collapse in Nigerian courtroom.
Tigran Gambaryan’s family continues to lament the Binance executive’s ordeal in Nigeria. Gambaryan fainted in court on Thursday.A judge agreed to allow Gambaryan to be moved to a hospital for…
FTX made illegal payment of $25 million to whistleblowers right before bankruptcy.
An independent, court-appointed lawyer released a 300-page report on the collapse of FTX. He found that FTX paid a total of $25 million to settle seven whistleblower complaints.Before its spectacular…
Most Of US Crypto Investors Don’t Know How Blockchain Works.
According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z,…
RIP, Doge: Kabosu, the Shiba Inu Behind the Iconic Meme, Dies at 18
Kabosu’s famous meme sparked the creation of Dogecoin, and inspired the creation of several other dog-themed meme coins such as Shiba Inu. Kabosu, the Shiba Inu who became a global…
Academic Labs Launches Second Airdrop.
Academic Labs has started its second airdrop event named “Homecoming” starting on 23rd May at acad. live. The goal is to increase the user knowledge of the industry and make…
British-Chinese Woman Sentenced 6 years 8 months for Laundering $10.4M in BTC.
Jian Wen, a 42-year-old British-Chinese woman, has been sentenced to six years and eight months in prison for laundering 150 bitcoins valued at about $10.4 million. The funds were proceeds…
Will Biden Veto Pro-Crypto Legislation? Senator Lummis Responds.
Pro crypto-senator Cynthia Lummis believes the President may not veto crypto-supportive legislation after witnessing its strong bipartisan support. Though Congress may appear to have turned pro-crypto, the President may still…
Coinbase Loses Supreme Court Arbitration Dispute Over 2021 Dogecoin Sweepstakes.
Coinbase consumers alleged being misled, paying $100+ for a June 2021 sweepstakes promising up to $1.2 million in Dogecoin prizes. On Thursday, the U.S. Supreme Court delivered a unanimous decision…