Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Cred Execs Accused of $783M Fraud
Reading Time: < 1 minuteThe US Attorney’s Office for the Northern District of California has brought charges against three former executives of Cred.
Bitcoin Surpasses One Billion Transactions
Reading Time: < 1 minuteMore than 800 weeks and a day has passed since Bitcoin was launched on January 3, 2009, when its very first block was created.
Jack Dorsey Leaves Bluesky’s Board of Directors
Reading Time: < 1 minuteJack Dorsey, the co-founder of Twitter, has stepped down from the board of Bluesky.
JPMorgan Keeps Cautious Stance on Crypto Prospects
Reading Time: < 1 minuteJPMorgan analysts have a cautious outlook on cryptocurrencies in the near future.
Block Plans to Invest 10% of its Bitcoin Profits into BTC
Reading Time: < 1 minuteBlock shares rose 3.16% to $242.90 in after-hours trading, following better-than-expected first-quarter earnings.
Coinbase Sees $1.2B Net Income in Q1 2024
Reading Time: < 1 minuteCrypto exchange Coinbase saw a strong rebound in the first quarter of 2024.
Tether’s Q1 Net Profit Hits $4.5B
Reading Time: < 1 minuteIn January-March, Tether, the issuer of the stablecoin USDT, reported a record net profit of $4.52 billion.
BlackRock’s Bitcoin ETF Suffers First Daily Outflows Since Launch
Reading Time: < 1 minuteThe BlackRock iShares Bitcoin Trust and other US Bitcoin ETFs have experienced a record day of net outflows.
Roger Ver Arrested for Tax Evasion
Reading Time: < 1 minuteRoger Ver, also known as “Bitcoin Jesus” and the founder of Bitcoin.com, was arrested in Spain for tax fraud based on charges from the US Department of Justice.
BlackRock’s BUIDL Reaches a $375M Market Cap
Reading Time: < 1 minuteThe BlackRock USD Institutional Digital Liquidity Fund, known by the ticker BUIDL, has become the largest treasury fund tokenized on a blockchain.
Uniswap Introduces Crypto Purchases
Reading Time: < 1 minuteUniswap’s mobile app now offers its users the option to purchase cryptocurrencies through Robinhood Connect, utilizing funds from Robinhood, a debit card, or a bank transfer.
Thai SEC Warns Crypto Exchanges Against Deceptive Ads
Reading Time: < 1 minuteThe SEC of Thailand has issued a reminder to all cryptocurrency exchanges operating in the country to ensure compliance with advertising standards.
Terraform Labs Suggests a $1M Penalty
Reading Time: < 1 minuteLawyers representing Terraform Labs have filed a response to the United States Securities and Exchange Commission’s (SEC) request for $5.3 billion in disgorgement and civil penalties against the firm and its co-founder Do Kwon.
Taiwan Requests 20 Years in Prison for ACE Exchange Founder
Reading Time: < 1 minuteThe Taipei District Prosecutor’s Office has requested a 20-year prison sentence for four key suspects involved in a fraudulent and money laundering case connected to the ACE Exchange cryptocurrency exchange.
Wasabi and Phoenix Leave US
Reading Time: < 1 minuteAcinq’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet are discontinuing services for customers in the United States.
A Solo Miner Solves a Valid Block and Wins 3.125 BTC Reward
Reading Time: < 1 minuteA lone Bitcoin miner has accomplished a remarkable feat by solving a Bitcoin block on their own, earning the full 3.125 Bitcoin block reward.
USDT Volume on Crypto Exchanges Hits Highest Level in a Year
Reading Time: < 1 minuteThe volume of USDT on exchanges in the second half of April reached $568 million, which is the highest level for the year.
Runes Becomes Leader in Terms of Bitcoin Transactions
Reading Time: < 1 minuteAs of April 24, 51.5% of daily transactions on the Bitcoin blockchain were made using tokens on the Runes protocol, while traditional BTC operations accounted for 46.9%.
SEC Files Lawsuit Against Crypto Mining Firm Geosyn
Reading Time: < 1 minuteThe US Securities and Exchange Commission has filed a lawsuit against Geosyn Mining and its co-founders, accusing them of defrauding investors out of $5.6 million.
Google and Apple Ordered to Remove Binance App in Philippines
Reading Time: < 1 minutePhilippines has recently requested Google and Apple, both American companies, to remove the Binance service from their app stores.
Samourai Wallet Founders Accused of Laundering $100M
Reading Time: < 1 minuteThe creators of the anonymous Bitcoin wallet Samourai Wallet have been charged by US federal prosecutors for aiding in the laundering of $100 million in criminal proceeds.
Hong Kong to Start Offering Bitcoin and Ether ETFs Trading on April 30
Reading Time: < 1 minuteOn April 24, the Securities and Futures Commission (SFC) in Hong Kong officially approved the first batch of spot Bitcoin and Ether exchange-traded funds (ETFs).
Binance Faces a Lawsuit in Canada
Reading Time: < 1 minuteA group of investors has filed a class action lawsuit against Binance in Canada, claiming that the cryptocurrency exchange violated local securities laws.
SEC Seeks Public Comments on BlackRock’s Amended Spot Ethereum ETF Proposal
Reading Time: < 1 minuteThe US Securities and Exchange Commission is seeking public feedback on changes made to BlackRock’s proposed Ethereum exchange-traded fund.
Worldcoin Plans to Increase WLD Supply
Reading Time: < 1 minuteThe digital identity project Worldcoin plans to significantly increase the number of its WLD tokens in circulation over the next six months, with a potential increase of up to 19%.
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