Alex Mashinsky, the founder of Celsius Network, just pleaded guilty to fraud and market manipulation. Reuters reports that Mashinsky has agreed not to appeal any sentence of 30 years or...
The cryptocurrency market is seeing a bullish resurgence, with its total market capitalization climbing to $3.53 trillion. Bitcoin is edging closer to the significant $100K milestone, while major altcoins are...
A judge has rejected Elon Musk’s $56 billion compensation package for a second time. This is despite Tesla shareholders voting to reinstate it in June. Judge Kathaleen McCormick blocked the...
In his essay “The Cure,” Arthur Hayes, founder of BitMEX, criticizes Centralized Exchanges (CEXs) and venture capital-backed projects for hindering innovation in the crypto industry. He advocates for a return...
XRP has surged to become the third-largest crypto by market cap, trailing only Bitcoin and Ethereum. This has reignited global interest, particularly in Korea. Ryan Kim, founder of crypto investment...
DMM Bitcoin, a Japanese centralized crypto exchange, will shut down after losing $320 million in Bitcoin in a massive fraud in May. The company, unable to recover the lost funds,...
Ripple’s Chief Technology Officer (CTO) David Schwartz criticized “Operation Chokepoint 2.0,” calling it a form of indirect government regulation. Schwartz argues that governments are pressuring banks and financial institutions to...
A California court has ruled to expedite judgment in the In re Ripple Labs Inc litigation, a procedural win for Ripple that has been misinterpreted by some as a victory...
The Swiss Canton of Bern has passed a Bitcoin mining bill with a significant majority of 85 votes in favor. The parliament will now explore the impact of Bitcoin mining...
Pro-XRP attorney John Deaton voiced support for Paul Atkins to replace Gary Gensler as the next Chair of the SEC. Deaton has been quite vocal of Gensler’s leadership, accusing the...
Celsius Network has disbursed a second round of payments, totaling $127 million, to eligible creditors. This distribution, which follows the crypto lender’s collapse in July 2022, raises the overall creditor...
President-elect Donald Trump’s administration is considering appointing the Commodity Futures Trading Commission (CFTC) to regulate the $3 trillion cryptocurrency market. This proposal aligns with Trump’s plans to reshape America’s financial...
A US federal court has ruled that the Treasury Department’s sanctions against the crypto mixer Tornado Cash are unlawful, marking a significant win for the crypto industry. Industry experts like...
Pro-XRP attorney John Deaton termed Ripple’s XRP the most resilient digital asset as WisdomTree Funds, a leading New York-based asset manager, filed for an XRP exchange-traded fund (ETF) in Delaware...
Hong Kong’s largest virtual bank, ZA Bank, now offers direct crypto trading services to its retail users, through a collaboration with HashKey Exchange. According to a press release, ZA Bank...
South Korea’s National Assembly will discuss the crypto taxation bill today, November 25, at 14:00 KST, during a session of the tax subcommittee. Representatives from both ruling and opposition parties...
Ethereum founder Vitalik Buterin expressed concerns about OpenAI’s evolution during an interview with Tencent News’ “Qianwang.” He criticized the platform for abandoning its open-source roots, mockingly referring to it as...
Jin Sung-joon, Chairman of the Korean Democratic Party’s policy committee, has confirmed that crypto taxation will begin in January 2025. Addressing concerns about technical and practical challenges during an interview...
The Australian Treasury has released a consultation paper addressing plans to enhance tax transparency by adopting the Crypto Asset Reporting Framework (CARF). Developed by the Organization for Economic Cooperation and...
Ripple CEO Brad Garlinghouse sees a turning point for the crypto industry as SEC Chair Gary Gensler announces his resignation, effective January 20, 2025, the day of President-elect Donald Trump’s...
CBOE Global Markets re-submitted proposals to the Securities and Exchange Commission (SEC) for four Solana ETFs; the ETF issuers being VanEck, 21Shares, Canary Capital, and Bitwise. Bloomberg Senior ETF Analyst...
South Korea is cracking down on those using cryptocurrencies to evade taxes as the country prepares to implement a new 20% tax on crypto gains. This move by the National...
Gary Wang, co-founder and former Chief Technology Officer of FTX, has been spared prison time in the FTX fraud case from his cooperation with authorities. On November 20, 2024, US...
Cryptocurrency exchange Woo X has launched “George AI,” an artificial intelligence tool that allows users to copy trades based on machine learning sentiment analysis. Users can also compete in weekly...
Pro-XRP lawyer John Deaton voiced concerns about the potential appointments of Bob Stebbins and Kevin Warsh in President-elect Donald Trump’s administration. Reports suggest former SEC General Counsel Bob Stebbins has...