Binance Founder CZ Sentenced to 4 Months in Prison in US.
Changpeng Zhao, also known as CZ, the founder of the world’s largest cryptocurrency exchange, Binance, has been sentenced to 4 months in prison for violating anti-money laundering (AML) regulations. Judge’s…
Terraform and Do Kwon Counter SEC’s $5.3B Demand with $1M Proposal
The company’s legal team has submitted a motion in opposition to the $5.3B request.A $1 million civil penalty, according to Terraform, would be “far more appropriate.”In response to the SEC’s…
Cardano (ADA) Whale Activity Explodes to Level Not Seen Since Nov 2023.
The increase in large transactions signifies heightened interest and activity among largest ADA holders. Cardano (ADA) witnessed a significant surge in whale transactions exceeding $100K on April 29th. The transactions…
BONKKILLER Scam Lures Investors on Solana Platform.
A new Solana-based memecoin, known as BONKKILLER, has caught the attention of many members of the cryptocurrency community by claiming an astonishing market cap of $328 trillion. Despite warnings and…
Stripe and Avalanche Partner for Streamlined Web3 Access.
The popular payment platform now allows customers to buy AVAX directly.Users may finish their AVAX transactions without using the intricate services of exchanges. In its pursuit of expanding its crypto…
Australia Gears Up for Bitcoin ETF Wave After US, Hong Kong Approvals.
The Australian Securities Exchange is anticipated to greenlight the initial spot Bitcoin ETFs by the end of 2024. Spot Bitcoin ETFs have caused a major stir in the cryptocurrency industry,…
MicroStrategy Acquires More Bitcoin Amid Revenue Decline and Net Loss
MicroStrategy’s total Bitcoin purchase so far in 2024 is valued at $1.65 billion.Business intelligence company MicroStrategy continues to increase its bitcoin stash, with a recent purchase of 122 BTC for…
Bitcoin, Ethereum Investment Products See Outflows, Altcoins Defy Bearish Trend.
Ongoing outflows of $435 continue as incumbent ETF issuers witness withdrawals.Outflows in digital asset investment products continued for the third week in a row. The latest weekly outflow of $435…
Tether Becomes Major Stakeholder in BlackRock Neurotech With $200M Investment.
Tether’s investment in Blackrock Neurotech will fund the launch and commercialization of the company’s medical solutions.Stablecoin issuing company Tether has invested $200 million into Brain-Computer-Interface (BCI) technology platform Blackrock Neurotech,…
Lazarus Group impersonates Fenbushi on LinkedIn for phishing.
The North Korean hacker collective known as the Lazarus Group has been identified by cybersecurity firm SlowMist as using LinkedIn to impersonate executives from the blockchain asset management company Fenbushi…