U.S. Arrests William Morro in Connection with the OneCoin Cryptocurrency Fraud
The OneCoin crypto scheme remains one of the most notorious financial scandals, leaving a significant mark in the annals of financial crimes. The latest development involves the U.S. Justice Department’s…
Hong Kong Set to Begin Trading of Officially Approved Bitcoin and Ether ETFs on April 30
Hong Kong is set to mark a significant milestone in its financial market on April 30, with the launch of its first spot Bitcoin and Ether exchange-traded funds (ETFs). This…
Australia Surpasses 1,000 Bitcoin ATM Milestone, Aligns with US and Canada
Australia has recently marked a significant achievement in the global cryptocurrency landscape by surpassing 1,000 active Bitcoin ATMs, joining the United States and Canada as one of the leading nations…
CBN Clarifies No Directive Issued for Freezing Crypto-Linked Accounts
The Central Bank of Nigeria (CBN) recently found itself at the center of controversy due to a misreported directive that allegedly required all Nigerian banks and financial institutions to freeze…
U.S. Prosecutors Recommend 36-Month Jail Term for Binance Founder Changpeng Zhao
In a significant development within the cryptocurrency legal landscape, U.S. prosecutors have recommended a 36-month prison sentence for Binance founder Changpeng “CZ” Zhao. This recommendation was detailed in a court…
Significant Crypto Assets Linked to Vitalik Buterin and Coinbase Remain Locked in DeFi Bridges
In a startling revelation from the decentralized finance (DeFi) sector, a comprehensive report by Arkham Intelligence has uncovered that substantial sums, amounting to millions of dollars, are currently trapped in…
Tether Commits to Freezing Addresses Amid Venezuela’s Use of Crypto for Sanction Evasion
Tether, the issuer of the USDT stablecoin, has announced its commitment to freezing addresses linked to sanctioned entities. This decision comes in response to reports that Venezuela’s state-run oil company,…
In-Depth Analysis: SEC Targets Terraform Labs with Unprecedented $5.3 Billion Fine
In a landmark decision that marks a significant escalation in the U.S. Securities and Exchange Commission’s (SEC) enforcement actions within the cryptocurrency sector, Terraform Labs and its founder, Do Kwon,…
Binance Executive Detained in Nigeria: A Comprehensive Overview
Tigran Gambaryan, a key executive at cryptocurrency exchange Binance, has been detained in Nigeria since February 2023, facing serious allegations. Reports from April 23, 2023, confirm that Gambaryan will continue…
Hackers Release Source Code of El Salvador’s Official Bitcoin Wallet
In a significant cybersecurity breach, El Salvador’s state-operated Bitcoin wallet, Chivo, has become the target of hackers who have released part of its source code. The hacker group, known as…
Regulatory Challenges Delay Crypto.com’s Launch in South Korea
Crypto.com, a prominent Singapore-based cryptocurrency exchange, has postponed its launch in South Korea following regulatory concerns. The delay comes after the South Korean Financial Services Commission (FSC) identified issues related…
Finland Harnesses Bitcoin Mining for Residential Heating
In Finland, a groundbreaking project has been initiated that leverages the process of mining Bitcoin to generate heat for residential homes during the chilly winters. Hashlabs Mining, a Bitcoin mining…
European Banks Embrace Crypto Sector Following Regulatory Clarity, Bitpanda Reports
In recent developments, several of Europe’s largest banks are making strides into the cryptocurrency industry, spurred by the enhanced clarity provided by the European Union’s adoption of the Markets in…
Scaramucci Predicts Bitcoin’s Bright Future, Sees Potential for $800K Value
During a recent interview on CNBC, hedge fund veteran Anthony Scaramucci shared his optimistic outlook for Bitcoin, reflecting on its technological strengths and future price potential. Known for his extensive…
Philippines SEC Instructs Apple and Google to Delist Binance App
On April 23, the Securities and Exchange Commission (SEC) of the Philippines took a decisive action against the cryptocurrency exchange Binance by instructing major tech companies Google and Apple to…
Ripple Labs Challenges SEC’s $1.95 Billion Fine Proposal, Suggests $10 Million as Adequate
On Monday, Ripple Labs formally opposed a significant enforcement action by the U.S. Securities and Exchange Commission (SEC), which seeks a staggering $1.95 billion in penalties. The company’s legal filing…
Bitcoin Halving May Create Demand Five Times Greater Than Supply, Says Bitfinex
The recent halving of Bitcoin’s mining reward has significant implications for the cryptocurrency’s market dynamics, possibly increasing demand to five times that of its supply, according to a new analysis…
Crypto Payments Eye Mainstream Adoption, with Apple Pay as the Benchmark
Cryptocurrency payment platforms are gradually making their way into mainstream e-commerce platforms and retail stores, yet they lag behind the seamless experience offered by Apple Pay. Stijn Paumen, CEO of…
Thailand Enforces Ban on Unlicensed Crypto Exchanges to Combat Cybercrime
Thai authorities are taking decisive steps to regulate the cryptocurrency market by blocking unlicensed crypto exchanges from operating within the country. This move is aimed at curbing money laundering and…
Manchester City and OKX Launch Exclusive NFT-Linked Jersey Collection
Manchester City, in partnership with cryptocurrency exchange OKX, is introducing a groundbreaking non-fungible token (NFT) collection titled “Unseen City Shirts.” This innovative campaign aims to blend the thrill of football…