Regulators put the future of America’s crypto industry in doubt:
economist.com/finance-and-economics/2023/06/08/regulators-put-the-future-of-americas-crypto-industry-in-doubt
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| Last Updated | Jun 12 23 |
| Total Articles | 8 |
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Analysis: US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice: Other U.S. crypto exchanges are likely to be in the firing line after the ...
reuters.com/business/finance/us-sec-coinbase-binance-crackdown-puts-crypto-exchanges-notice-2023-06-08/
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Analysis: US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice: Other U.S. crypto exchanges are likely to be in the firing line after the ...
reuters.com/business/finance/us-sec-coinbase-binance-crackdown-puts-crypto-exchanges-notice-2023-06-08/
Changpeng ‘CZ’ Zhao’s Friends, Family Seek Leniency for Binance Co-Founder: Binance co-founder Changpeng Zhao is facing up to three years in prison ...
bloomberg.com/news/articles/2024-04-24/friends-family-royalty-seek-mercy-for-crypto-s-richest-man
Quick Glance: DOJ Calls for Binance Founder to Spend Three Years in Prison
- The U.S. Department of Justice stated that Binance's founder, Changpeng "CZ" Zhao, should spend three years in prison for enabling the crypto exchange to violate federal laws on money laundering and sanctions.
- Zhao pleaded guilty to violating the Bank Secrecy Act, with the DOJ recommending a 36-month prison sentence and a $50 million fine.
- Emphasizing the need for a significant punishment, the DOJ highlighted Zhao's financial gains from illegal activities and the importance of deterring others from similar actions.
- The court will decide between incarceration and probation for Zhao, with his defense arguing against his knowledge of specific transactions and advocating for probation due to a lack of risk of repeat offenses.
Loss-making Warner Bros Discovery's CEO pay rises to $50 mln in 2023: Warner Bros Discovery CEO David Zaslav's annual compensation rose nearly 27% to $49 ...
reuters.com/business/media-telecom/warner-bros-ceo-pay-rose-nearly-27-2023-2024-04-19/
Quick Glance: GOP's Financial Woes Resolved?
- After positive fundraising headlines for Donald Trump and the Republican National Committee (RNC), it seems the campaign is back on track, but the expenses for success were immense.
- While the Trump-RNC Joint Fundraising Committee, 'Trump 47 Victory', raised millions of dollars, only a fraction of it went towards political activities, exacerbating the financial crisis of the RNC.
- In comparison, the Biden-DNC committee, 'Biden Victory', was able to more effectively redirect funds and financially support Democratic parties in the states.
- A decision by the Federal Election Commission allowed the RNC to use funds from their 'legal' account for campaign advertising, temporarily easing the party's financial crisis but with long-term implications for both parties.
US SEC expected to deny spot ether ETFs next month, industry sources say: U.S. issuers and other firms expect the Securities and Exchange Commission to deny ...
reuters.com/markets/us/us-sec-expected-deny-spot-ether-etfs-next-month-industry-sources-say-2024-04-25/
Philippines orders removal of Binance from Google and Apple app stores: The Philippines' Securities and Exchange Commission sent letters to Google and Apple ...
cnbc.com/2024/04/23/philippines-orders-google-apple-to-remove-binance-from-app-stores.html
Crypto.com Postpones Expansion Into South Korea Retail Market: Just six days before its planned retail expansion, the crypto exchange Crypto ...
bloomberg.com/news/articles/2024-04-23/crypto-com-postpones-expansion-into-south-korea-retail-market
Paid articlePaid
Binance Converts Billion-Dollar SAFU Emergency Fund into USDC: The world’s largest crypto exchange Binance has converted the entire pool of assets held in an ...
bloomberg.com/news/articles/2024-04-18/binance-converts-billion-dollar-safu-emergency-fund-into-usdc
Paid articlePaid Binance Gets Dubai VASP License After CZ Deal (BNB): Binance Holdings Ltd. received its long-sought full crypto license in Dubai after co-founder Changpeng “CZ” ...
bloomberg.com/news/articles/2024-04-18/binance-close-to-getting-dubai-vasp-license-after-cz-deal-bnb
Paid articlePaid Binance working closely with Nigeria authorities to resolve exec's detention, CEO says
reut.rs/4433rvs
Bitcoin (BTC) Sales May Pick Up Around ‘Halving,’ Crypto.com CEO Says: Bitcoin selling may become evident as the date of the so-called halving nears but the ...
bloomberg.com/news/articles/2024-04-16/bitcoin-btc-sales-may-pick-up-around-halving-crypto-com-ceo-says
Paid articlePaid Binance’s Rivals Muscle In on Bitcoin (BTC) Trading Around the World: Crypto exchanges are eating into Binance’s share of Bitcoin trading outside the US as ...
bloomberg.com/news/articles/2024-04-23/binance-s-rivals-muscle-in-on-bitcoin-btc-trading-around-the-world
Paid articlePaid Nigerian court adjourns Binance and executives' tax evasion trial to May 17: A Nigerian court on Friday adjourned a tax evasion trial against cryptocurrency ...
reuters.com/business/finance/nigerian-court-adjourns-binance-executives-tax-evasion-trial-may-17-2024-04-19/
Binance obtains Dubai licence to target retail clients: Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA ...
reuters.com/business/finance/binance-obtains-dubai-licence-target-retail-clients-2024-04-18/
The SEC is targeting yet another crypto platform: DeFi platform Uniswap is the latest to get a legal notice from the regulator
qz.com/sec-crypto-exchange-uniswap-wells-notice-bitcoin-1851401789
Freak Storm in Dubai Rains on Binance’s Parade - Bloomberg: In this edition of the Bloomberg Crypto newsletter, Suvashree Ghosh and Hannah Miller report on how ...
bloomberg.com/news/newsletters/2024-04-18/freak-storm-in-dubai-rains-on-binance-s-parade
Crypto trading concentration a 'considerable concern', EU watchdog says: The high concentration in crypto trading on a handful of exchanges, with Binance alone ...
reuters.com/markets/currencies/crypto-trading-concentration-considerable-concern-says-eu-watchdog-2024-04-10/
Nigeria Binance dispute: Cryptocurrency official denies money laundering: Tigran Gambaryan's wife says she is "beyond heartbroken" at his transfer to a prison in ...
bbc.com/news/world-africa-68762553
UAE’s high stakes crypto bet poised for crucial test as Bitcoin rebounds
al-monitor.com/pro/memos/uaes-high-stakes-crypto-bet-poised-crucial-test-bitcoin-rebounds
Crypto exchange Binance is looking for a home because it has reached 'regulatory maturity'
qz.com/binance-crypto-exchange-headquarters-paris-blockchain-1851397114
GOP senators, Manchin challenge SEC climate disclosure rule : Sen. Joe Manchin (D-W.Va.) joined a resolution from Sen. Tim Scott (R-S.C.) that aims to overturn ...
thehill.com/policy/energy-environment/4600576-manchin-sec-climate-disclosure-rule/
Abra Mining fined P560 million for trading fraud: The SEC's Markets and Securities Regulation Department found Abra Mining guilty of violating the ...
rappler.com/business/abra-mining-fined-trading-fraud-securities-exchange-commission/
Woman accused of $6B scam, China loophole for Hong Kong Bitcoin ETFs: Asia Express
cointelegraph.com/magazine/6b-scam-accused-court-china-loophole-hong-kong-bitcoin-etf-asia-express/
EFCC may prosecute 300 forex racketeers: The EFCC may prosecute 300 forex racketeers trading on a peer-to-peer platform outside the financial regulations.
punchng.com/efcc-may-prosecute-300-forex-racketeers/
PHOTOS: Stars support their favorite sports teams: The main action may be on the court, field or pitch, but that doesn't mean we're not interested in ...
nydailynews.com/2023/04/30/stars-support-their-favorite-sports-teams/
Bitcoin halving 2024: 5 ways it’s different this time: Discover how the Bitcoin halving in 2024 differs from previous events, with a surge in institutional ...
cointelegraph.com/news/bitcoin-halving-2024-institutional-impact-price-surge
Binance's CZ Letters Lift Lid on Ex-CEO's Inner Circle: In this edition of the Bloomberg Crypto newsletter, Emily Nicolle ponders the price of privacy ...
bloomberg.com/news/newsletters/2024-04-25/binance-s-cz-letters-lift-lid-on-ex-ceo-s-inner-circle
SEC slaps P560 million in fines on Abra Mining officials, shareholders, transfer agents over illegal shares
news.abs-cbn.com/business/2024/4/15/sec-slaps-p560-million-in-fines-on-abra-mining-945
How Binance executive planned prison escape, applied for new US passport: The detained Binance Holdings Limited executive, Tigran Gambaryan, has attempted to ...
punchng.com/how-binance-executive-planned-prison-escape-applied-for-new-us-passport/
Kenyan Police to Extradite Fleeing Binance Executive to Nigeria ‘This Week’: “As we had said before that Anjarwalla would be extradited, he has been arrested in ...
fij.ng/article/kenyan-police-to-extradite-fleeing-binance-executive-to-nigeria-this-week/
Court to hear Binance executive’s bail application Tuesday: Justice Emeka Nwite of the Federal High Court, Abuja, has adjourned till Tuesday to hear the bail ...
punchng.com/court-to-hear-binance-executives-bail-application-tuesday/
Jailed Binance Exec’s Bail Hearing in Nigeria Postponed Until May 17: Tigran Gambaryan has been detained in Nigeria since February 26.
coindesk.com/policy/2024/04/23/jailed-binance-execs-bail-hearing-in-nigeria-postponed-until-may-17/
Binance sued in Canada for securities law violations: Binance is served with a new class action lawsuit in Ontario alleging that it sold crypto derivatives in ...
cointelegraph.com/news/binance-sued-canada-securities-law
Thailand will block unlicensed crypto exchanges ‘to solve online crimes’: The Thai SEC urged investors to check the license registrations of the platforms with ...
cointelegraph.com/news/thailand-blocks-unlicensed-crypto-exchanges-online-crimes
Binance co-founder He Yi says CZ received ‘most optimal outcome’: Co-founder of cryptocurrency exchange Binance He Yi told an audience in Dubai that disgraced ...
cointelegraph.com/news/binance-co-founder-he-yi-changpeng-cz-zhao-received-most-optimal-outcome
Dollar rise: EFCC continues crackdown on cryptocurrency platforms, others: The EFCC has instituted a further crackdown on currency speculators and cryptocurrency ...
punchng.com/dollar-rise-efcc-continues-crackdown-on-cryptocurrency-platforms-others/
🗞️ Binance executive's wife denies an extradition report
🗞️ Thailand tightens its crypto regulations
🗞️ Woo X becomes the first cryptocurrency exchange to ... Show more
Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports
coindesk.com/policy/2024/04/22/binance-exec-who-escaped-from-nigeria-has-been-found-in-kenya-faces-extradition-reports/
Binance launches ‘Megadrop’ early access program for Web3 rewards: Binance has launched a new incentive, staking, and rewards platform called "Megadrop."
cointelegraph.com/news/binance-launches-megadrop-web3-staking-rewards
Halving completed, bitcoin creation slows down: “Assuming the demand stays constant or increases, halving potentially boosts the value.”
brusselstimes.com/belgium/1014519/halving-completed-bitcoin-creation-slows-down
Scammers exploit Google platform to promote phishing site: Google appears to be promoting a malicious crypto website that directs users to a phishing website ...
cointelegraph.com/news/scammers-exploit-google-promote-phishing-site
Binance FZE receives VASP Licence from Dubai’s Virtual Assets Regulatory Authority
emirates247.com/business/gold-currency/binance-fze-receives-vasp-licence-from-dubai-s-virtual-assets-regulatory-authority-2024-04-18-1.731388
OKX, Binance and Bybit monthly volumes tripled since late 2023: OKX was the fastest-growing crypto exchange in terms of monthly trading volumes over the past few ...
cointelegraph.com/news/okx-binance-bybit-triple-volumes-2023
The Richest Crypto And Bitcoin Billionaires In The World 2024: Meet the 17 investors and entrepreneurs who made ten-digit fortunes on the blockchain.
forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/
Quick Glance: Billionaires Profiting from AI 2024
- The AI gold rush has led to a plethora of new billionaires in the sector, as surging values for both public and private companies with ties to AI have skyrocketed.
- Over the past year, tech companies, both new and old, have seen massive share price increases, making the world's tech tycoons even richer and introducing over a dozen new AI billionaires into the Forbes World's Billionaires list.
- Nvidia cofounder and CEO Jensen Huang serves as the poster child for this boom. However, other companies like Super Micro Computer, Advanced Micro Devices, and Cloudflare also benefited from the trend. Privately owned AI companies have also gained momentum, with AI-centric startups alone raising nearly $50 billion in funding last year.
- Major tech giants like Microsoft, Amazon, and Alphabet have significantly contributed to financing private AI companies to compete in the AI race. However, it remains to be seen if and when the AI bubble will burst and funding could dry up.
Crypto.com’s VC Unit Wary of Bloated Digital Asset Industry Valuations: Crypto.com’s venture capital arm is dubious about the sustainability of surging ...
bloomberg.com/news/articles/2024-04-17/crypto-com-s-venture-unit-is-wary-of-bloated-industry-valuations
Paid articlePaid PSE urges Abra Mining minority shareholders to seek counsel as delisting looms: Minority stockholders of Abra Mining will need to band together to exhaust ...
rappler.com/business/philippine-stock-exchange-urges-abra-mining-minority-shareholders-seek-legal-counsel-delisting/
First Mover Americas: BTC Dominance Increases, Binance to Re-Enter India: The latest price moves in crypto markets in context for April 18, 2024.
coindesk.com/markets/2024/04/18/first-mover-americas-btc-dominance-increases-binance-to-re-enter-india/
Binance receives full operational licence in Dubai as it eyes 200m global users: Crypto adoption is expected to be much faster in the next five years compared to ...
thenationalnews.com/business/money/2024/04/18/binance-licence-dubai/
FTX Controversy Derails Top Law Firm’s Bid for Binance Role: The Department of Justice is retreating from picking an elite New York law firm for a key assignment ...
bloomberg.com/news/articles/2024-04-15/ftx-controversy-derails-top-law-firm-s-bid-for-binance-role
Paid articlePaid Binance Could Come Back to India by Paying $2M Fine: Report: The exchange could return as a FIU-registered firm after paying the fine, the report added.
coindesk.com/business/2024/04/18/binance-could-come-back-to-india-by-paying-2m-fine-report/
Nigeria says wanted crypto boss Arjarwalla is holed up in Kenya: Nadeem Arjarwalla, a British-Kenyan, was earlier detained in connection with an ongoing criminal ...
standardmedia.co.ke/business/business/article/2001493286/nigeria-says-wanted-crypto-boss-arjarwalla-is-holed-up-in-kenya
'DePIN' Is Venture Capitalists' Latest Crypto Obsession. Can It Match the Hype?: DePIN involves taking real-world infrastructure like a wireless network and ...
coindesk.com/markets/2024/04/16/depin-is-venture-capitalists-latest-crypto-obsession-can-it-match-the-hype/
Binance.US Taps Former New York Fed Compliance Chief for Board Role: Martin Grant served with the New York Fed for over 30 years, including as its chief ...
coindesk.com/policy/2024/04/16/binanceus-taps-former-new-york-fed-compliance-chief-for-board-role/
FG Finds Fleeing Binance Executive in Kenya: “While Gambaryan is currently in the commission’s net, the process of extraditing the fleeing Anjarwalla is revving ...
fij.ng/article/fg-finds-fleeing-binance-executive-in-kenya/
How Scammers Posed as SEC Employees and Conned Investors Out Of Money: Internal US Securities and Exchange Commission documents reveal fraudsters have posed as ...
bloomberg.com/news/newsletters/2024-04-12/how-scammers-posed-as-sec-employees-and-conned-investors-out-of-money
The Richest Crypto And Bitcoin Billionaires In The World 2024: Meet the 17 investors and entrepreneurs who made ten-digit fortunes on the blockchain.
forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/
Lakers finish correcting errors on Kobe Bryant statue outside of Crypto.com Arena
sports.yahoo.com/lakers-finish-correcting-errors-on-kobe-bryant-statue-outside-of-cryptocom-arena-203938183.html
Quick Glance: Lakers Fall to Warriors, Clinging to Ninth Place in the West
- In a crucial game at Crypto.com Arena, the Anthony Davis-less Lakers couldn't keep up with Golden State, leaving them half a game ahead in the standings.
- The Lakers wrap up the season against Memphis and New Orleans, with their playoff destiny largely out of their control.
- Despite a late rally by the Lakers against Golden State, the game ended in a loss, with the Warriors dominating through three-pointers and the prowess of Stephen Curry.
- The Lakers are striving to escape the No. 9/No. 10 play-in game, as it could potentially be held on the Warriors' home court, presenting a significant challenge in a true elimination scenario.
DeFi Firm 1inch Introduces Web3 Debit Card in Partnership With Mastercard and Baanx
coindesk.com/business/2024/04/08/defi-firm-1inch-introduces-web3-debit-card-in-partnership-with-mastercard-and-baanx/
Paris Blockchain Week recap: Optimism abounded as the Bitcoin halving approaches: Paris Blockchain Week 2024 included notable statements from Tim Draper ...
cointelegraph.com/news/paris-blockchain-week-recap-optimism-abounded-bitcoin-halving-approaches
Binance drops Bitcoin Ordinals, medical tourism in the metaverse: Nifty Newsletter
cointelegraph.com/news/binance-drops-bitcoin-ordinals-metaverse-medical-tourism
Ethena Labs Partners with Major Exchanges’ Web3 Wallets To Boost USDe Rewards: Ethena Labs has announced the integration of its platform with centralized ...
coinmarketcap.com/alexandria/article/ethena-labs-partners-with-major-exchanges-web3-wallets-to-boost-usde-rewards
Tough fight on Thailand's crypto market: Binance and Co. threaten crypto exchange Bitkub - IPO should secure a lead
finanzen.net/nachricht/devisen/ipo-in-2025-kryptoboerse-bitkub-will-sich-durch-boersengang-gegen-starke-konkurrenz-behaupten-13404008
Binance executive arraigned, remanded in Kuje prison: The Federal High Court in Abuja, on Monday, remanded an executive of Binance Holdings Limited ...
punchng.com/binance-executive-arraigned-remanded-in-kuje-prison/
EU watchdog warns handful of exchanges may dominate crypto market: The European Securities and Markets Authority (ESMA) warns of the risks posed by the dominance ...
cointelegraph.com/news/eu-watchdog-small-number-exchanges-dominating-crypto
Nigeria Sends Binance Executive Tigran Gambaryan to Prison on Fraud Charges: A Binance Holdings Ltd. executive detained for more than 40 days in Nigeria after ...
bloomberg.com/news/articles/2024-04-08/nigeria-sends-tigran-gambaryan-binance-exec-to-prison-on-fraud-charges
Paid articlePaid Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports
coindesk.com/policy/2024/04/08/detained-binance-exec-pleads-not-guilty-to-money-laundering-charges-in-nigeria-reports/
Binance executive pleads not guilty to money laundering charges: An Executive of Binance Holdings Limited, Tigran Gambaryan, has pleaded not guilty to the money ...
punchng.com/binance-executive-pleads-not-guilty-to-money-laundering-charges/
Memecoins make millionaires, Terraform and Do Kwon liable for fraud, and more: Hodler’s Digest, March 31 – April 6
cointelegraph.com/magazine/memecoins-make-millionaires-terraform-do-kwon-liable-for-fraud-hodlers-digest-march-31-april-6/
What Does Ripple’s Stablecoin Mean for XRP?: XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers ...
coindesk.com/consensus-magazine/2024/04/04/what-does-ripples-stablecoin-mean-for-xrp/
Crypto.com to be first global coin exchange to enter Korea : Crypto.com, a global cryptocurrency exchange, announced on Tuesday that it will officially launch a ...
koreatimes.co.kr/www/biz/2024/04/816_371912.html
He Emptied an Entire Crypto Exchange Onto a Thumb Drive. Then He Disappeared: Faruk Özer just started a 11,196-year prison sentence. Did he almost get away with ...
wired.com/story/faruk-ozer-turkey-crypto-fraud/
Bitcoin is bleeding. Why it's dropped below $65,000: The global crypto market cap fell by 6.88% to $2.46 trillion
qz.com/bitcoin-crypto-falling-price-below-65000-1851381114
Paid articlePaid Coinbase to face revived lawsuit by customers: A federal appeals court on Friday revived a lawsuit by Coinbase customers who accused the largest U.S ...
reuters.com/legal/coinbase-face-revived-lawsuit-by-customers-2024-04-05/
Binance Executive’s Nigeria Case Is Adjourned Until April 19: A Binance Holdings Ltd. executive detained for more than a month in Nigeria on tax evasion charges ...
bloomberg.com/news/articles/2024-04-04/binance-executive-s-nigerian-court-case-adjourned-until-april-19
Paid articlePaid Google sued scammers who put a bunch of fake investing apps on Google Play: Shady crypto schemes have been on the rise since the pandemic
qz.com/google-fake-apps-crypto-coinbase-ftx-binance-1851387223
Binance ends support for Bitcoin Ordinals : Binance is ending support for Bitcoin nonfungible tokens just a few months after introducing it to its marketplace.
cointelegraph.com/news/binance-ends-support-bitcoin-ordinals
Quick Glance: Crypto-Critic Warns of Impending Bitcoin Crash
- Peter Schiff predicts massive crash in Bitcoin price
- Schiff regrets not investing in Bitcoin
- Warning issued to Bitcoin hodlers about further decline
- Analysts view Bitcoin price supported by breakeven point
EFCC stopped service of charges on Binance chief , FIRS alleges: The scheduled arraignment of Binance Holdings Limited and two of its executives for alleged tax ...
punchng.com/efcc-stopped-service-of-charges-on-binance-chief-firs-alleges/
Japan’s Sony Bank tests yen-backed stablecoin for gaming and sports IP payments: Sony Bank is looking into a yen-backed stablecoin as a form of sending money and ...
cointelegraph.com/news/sony-bank-tests-yen-backed-stablecoin-gaming-sports-ip-payments
Binance Executive Flees Nigerian Prison Amid New Charges: TOPLINE A Binance executive detained in Nigeria last month escaped from custody over the weekend ...
forbesafrica.com/current-affairs/2024/03/27/binance-executive-flees-nigerian-prison-amid-new-charges/
EFCC denies blocking bailiffs from serving Binance executive charges: The Economic and Financial Crimes Commission has denied stopping service charges on a ...
punchng.com/efcc-denies-blocking-bailiffs-from-serving-binance-executive-charges/
Crypto VC funding breaks 2-year downturn in Q1 2024: The data shows similar patterns to those in the fourth quarter of 2020 before massive investments flowed ...
cointelegraph.com/news/crypto-venture-capital-funding-breaks-2-year-downturn
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