US Prosecutors Seek 36-Month Sentence for Binance’s Founder CZ Over Legal Violations.
Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful…
Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions.
PDVSA’s adoption of USDT has surged since the U.S. reinstated sanctions amid concerns about Venezuela’s upcoming election.Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions…
US DOJ Recommends a 3-Year Prison Sentence for Binance Founder CZ.
CZ’s initial plea agreement capped his potential sentence at 18 months, however, he may now face a lengthier sentence.The U.S. Department of Justice (DOJ) has recommended a three-year prison sentence…
DeGods Founder ‘Frank’ Talk About Return to Solana with Bridge Test Picture.
DeGods migrated to Ethereum in March 2023, a move coinciding with the collapse of FTX/Alameda. DeGods, the NFT project that once held the highest market value on Solana, is contemplating…
Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report.
The Venezuelan government is once again turning to crypto to circumvent US sanctions, this time, in its oil and gas sector.Venezuela’s state-owned oil and gas company PDVSA is reportedly planning…
Jack Dorsey’s Bitcoin Mining Chip Is Now Complete.
With chip development now undergoing its full tapeout, Block has also announced work on its own full Bitcoin mining system. Jack Dorsey’s fintech company Block Inc. announced on Tuesday that…
These US Asset Managers Just Bought Bitcoin Through Fidelity’s ETF.
The portfolio allocations of these asset management firms saw them invest more than $20 million each into FBTC.More traditional finance firms in the United States are jumping on the crypto…
US Bitcoin Mining Stocks Surge After the Halving.
Monday saw several crypto stocks performing exceptionally well, with many achieving double-digit price gains throughout the day.On Monday, crypto-related stocks in the United States saw significant increases, reflecting a broader…
PayPal’s Bitcoin Rewards Program Promotes Sustainable Mining
PayPal’s Bitcoin Rewards Program Promotes Sustainable MiningPayPal is shaking up the Bitcoin mining world with a groundbreaking proposal to make the process more environmentally friendly. Teaming up with Energy Web…
Kenyan Government to Extradite Binance Executive to Nigeria Who Escaped Arrest.
The Binance executive who reportedly escaped from custody in Nigeria is set to be extradited to the same country by the end of the month, according to reports. A Kenyan…