Do Kwon Takes More Heat In Montenegro As Prosecutors Appeal Against His Bail Terms
The prosecutors' appeal prevents the defendants from getting released and they will be in custody until the country's magistrate decides to approve or reject the plea.
First Voyager Digital Customer Payout Starts June 1 Despite Failed Binance's $1.3B Asset Acquisition Deal
"I'm sure everybody wishes that something better had happened," U.S. Bankruptcy Judge Michael Wiles said, adding, "We are where we are, we're trying to do the best with where we are."
AXS Sees Double-Digit Surge After Major Milestone With Tech Giant
The surge sparked hope among AXS holders, who over the past 30 days, saw over 17% loss on the crypto asset's value and approximately 64% decline in the price in a year.
Ripple Scores Massive Win Against SEC In Ongoing Crypto Lawsuit
A federal judge said SEC can't seal the documents tied to former director William Hinman's speech.
Ex-Ethereum Developer Warns About Open AI Founder's Worldcoin, Says It Lacks Transparency
Capitalizing on the popularity of ChatGPT and the emerging industry of cryptocurrency, it was announced a few days ago that Altman's Worldcoin crypto project is nearing $100 million in funding.
MicroStrategy Founder Drops Major Bitcoin Announcement For Crypto Enthusiasts
MicroStrategy is not a cryptocurrency or a Bitcoin firm, but it is the world's largest institutional Bitcoin holder and its bullish stance on the crypto asset despite heavy criticisms has yielded massive returns.
SEC Chair Torches Crypto Businesses' Narrative, Says 'The Rules Have Already Been Published'
After repeated calls for Congress to intervene, the U.S. House Committee on Financial Services recently burned the SEC chair and the entire agency for failing to provide responses to inquiries from crypto entities.
S. Korea Raids Upbit, Bithumb CEXs And Messaging App Over Lawmaker's Crypto Scandal
These exchanges were supposedly used by the lawmaker to open digital wallets, and the raids earlier this week led to the confiscation of the CEXs' transaction records, a local media reported.
Elon Musk's Successor Confirms Building Twitter 2.0, Mum On Crypto But Profile Says Otherwise
With the new CEO taking the helm of the social media platform, Elon Musk will reportedly "transition to being exec chair & CTO, overseeing product, software & sysops."
Major CEX Joins Crypto Businesses' Canada Exodus; Cites 'No Longer Tenable' Market Condition
The exchange said it had high hopes for the Canadian blockchain industry and promised it will "someday return to the market when Canadian users once again have the freedom to access a broader suite of digital assets."
BlockFi Creditors Closer To Recover Funds, But Amount Dependent On Claims Against Alameda, FTX
"Clients will receive a release from BlockFi for any clawback claims that could be brought against them, including for transfers made prior to the Platform Pause on November 10, 2022," BlockFi said.
Do Kwon Pleads Not Guilty To Faking Travel Documents After Seizure Of His $176M Assets
"I will not hide, I agree to security measures, I will show up when requested," Kwon, looking grim told the Montenegrin court in English during his first hearing.
Binance.US Reportedly Trying To Reduce CZ's Majority Stake In Company
Executives at Binance.US may have been exploring strategies to offload CZ's stake in the company over worry that the exchange might not be able to obtain regulatory licenses as long as Zhao is the crypto exchange's majority owner.
Elon Musk's Tweet Triggers Milady NFT's Price To Skyrocket, Boosts Sales By 500%
The massive surge in demand for the Milady NFT collection following Musk's tweet underlines the significant impact of high-profile individuals on the market, especially that of the Twitter CEO.
Leaked Memo To Democrat Committee Members Reportedly Highlights Instructions To Kill Crypto, BTC
The memo was circulated among Democrat committee members prior to the joint meeting between several U.S. House Committees, including House Financial Services Committee and House Agriculture Committee.
Paypal Reveals Over 50% Increase In Cryptocurrency Holdings In Q1 2023
PayPal treats its crypto assets as a "safeguarding liability" because of the "unique risk associated" with it.
Sam Bankman-Fried Asks Court To Toss Most FTX Criminal Charges
Sam Bankman-Fried's lawyers argued that six charges filed against him are "too vague" and have "legal flaws."
Hong Kong Warns 'Regulations Will Be Tight' As It Opens Doors To Crypto Companies In June
Hong Kong has had very tight cryptocurrency regulations over the past few years, but these have reportedly been reduced to a much lower, "reasonable and sustainable level.
Shaquille O'Neal Claims FTX Lawsuit Still Not Served, Summons Were 'Tossed' At His Moving Car
Shaquille O'Neal and his legal team alleged that the way he was served with court papers was "inadequate," and asked the judge to dismiss the lawsuit against him.
Bittrex Files For Bankruptcy Following SEC Charges; Will Continue Serving Non-US Clients
The U.S. SEC filed charges against Bittrex and its former CEO Bill Shihara on April 17.
Ripple CEO Mulls Dubai Expansion, Estimates SEC Lawsuit To Cost Around $200M
"With the SEC, we... will have spent $200 million defending ourselves against a lawsuit, which from its very beginning... doesn't make a lot of sense," Ripple's CEO said.
Coinbase CEO Denies Relocation Rumors After VP Floats Idea Of Making UAE CEX's International Hub
Brian Armstrong said "Coinbase is not going to relocate overseas," assuring its US-based customers the exchange will always have a presence in the nation.
MicroStrategy Remains Bullish On Bitcoin Position, Has Been Quarterly Acquiring BTC Since 2020
MicroStrategy is showing no signs of slowing down when it comes to BTC purchases despite the crypto asset's highly volatile nature.
Shiba Inu Discord, Telegram Admin Teases Major Shiba Inu Announcements Happening This Month
While some are speculating that the announcements might be related to Shibarium the layer-2 scalability solution of the community, others think it may have something to do with "Shiba Eternity," or "Shiboshi."
Veteran Investor Predicts US Global Status Could Decline With BRICS' Success
Jon Wolfenbarger, however, underlined that BRICS still has a long way to go and has to jump several hurdles if it is seriously considering taking on the US dollar by issuing a new currency.
Do Kwon Could Get Longest Jail Time For A Financial Crime In S. Korea If Convicted: Lead Prosecutor
While Do Kwon is facing several charges in multiple countries, including the U.S., South Korean prosecutors believe prosecuting him in his home country is the best way to give justice to his victims.
Binance's Second Bitcoin Withdrawal Pause In 24 Hours Worries Crypto Community, Sends BTC, ETH Prices Tumbling
Since the exchange paused its withdrawals, the number of unconfirmed transactions reportedly surged to 500,000 from approximately 400,000 at the time the first pause was announced.
Binance Slams Reuters Report On Seized Accounts, Says It Left Out Critical Facts 'To Fit Their Narrative'
"This time, they've raised questions about our compliance policies for preventing and tackling cryptocurrency-based financing of terrorism," Binance added.
Voyager Plans To Return Customers' Funds 'Within The Next Few Weeks' Despite Failed Binance.US Deal
Both Voyager Digital and the creditor committee are still finalizing the liquidation procedures and plan to submit relevant filings on Friday, May 5.
Coinbase Scores Big Win; Court Gives SEC 10-Day Deadline To Respond To CEX's Mandamus Petition
The SEC has failed to codify into regulation its position on whether crypto assets are securities or not, a major issue that has become a huge trouble for crypto businesses operating in the U.S.
