SEC Likely To Deny Ethereum Spot ETFs In May.
The SEC is not seriously engaging with Ethereum ETF applicants even though the approval deadline is one month out. Crypto industry experts believe Ethereum (ETH) spot ETFs will likely be…
Instagram Influencer Jay Mazini Sentenced to 7 Years for $8 Million Fraud Scheme.
Jay Mazini purported to be a crypto millionaire mainly targeting the Muslim community through Halal-Capital LLC. Jabara Igbara, commonly known as “Jay Mazini,” who boasted of being a crypto millionaire…
Kenyan Government Denys Arrest and Extradition Of Binance Executive to Nigeria.
Kenyan officials have denied reports that Nadeem Anjarwalla, the Binance executive facing tax evasion charges in Nigeria, was arrested in Kenya on April 22. Several Nigerian publications claimed Anjarwalla, who…
Fintech Giant In Latin America Nubank Enables Bitcoin Withdrawals and Deposits.
Nubank customers will be able to send and receive Bitcoin, Ethereum, and Solana using its app. São Paulo-based Nubank announced the launch of a new feature that allows withdrawals and…
Bitcoin’s Drop to Under $64K Results in Over $200 Million in Liquidations.
Most altcoins have suffered even more, including SOL, DOGE, ADA, SHIB, and AVAX.Bitcoin’s price stood tall above $66,000 for a few days and even challenged $67,000 on a couple of…
Ex Binance Boss CZ Apologizes As He Accepts Responsibility Of His Shortcomings.
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month…
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…
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…