Binance co-founder Changpeng Zhao was released on Friday, after having served a four-month sentence for failing to implement Anti-Money Laundering (AML) measures between 2017 and 2022. But Zhao's case is just one among many that highlight the growing enforcement against crypto crimes.
Albert Castellana, co-founder and CEO of Yeager.ai, believes artificial intelligence (AI) can propel blockchain-based applications beyond simple, static contracts. AI integration unlocks “much more subjective decision-making,” opening doors to entirely new use cases, he argues in written responses to Bitcoin.com News questions.
In a recent interview with CNBC, Republican Senator Cynthia Lummis, a prominent advocate for crypto assets, discussed the potential for significant regulatory changes following the upcoming US elections. With just under two months until voters head to the polls, Lummis emphasized the need for a robust digital asset framework to support the US economy.
The Web3 movement, driven by Consensys, faces significant regulatory challenges from the SEC, threatening innovation in the blockchain space.
In a timely interview, Vishal Sacheendran from Binance offered insights into the cryptocurrency giant's operations amidst major changes.
As Bitcoin has started the rally, all the altcoins are following it. However, there are many coins who are performing better than others. How is your portfolio doing? Let's have a look at the top 5 cryptos who have gained the most in the last 24 hours.
The Binance founder CZ was released on Friday and has seen a profound welcome from the community on his return. The cryptocurrency exchange has combated several regulatory complications in the past months.
According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $12.37 billion year-to-date, exceeding the total crypto purchases of 2023.
Despite the ongoing gradual recovery in crypto prices, the latest data has shown a shift in sentiment among retail investors, particularly those in the Korean market, who appear to be more cautious. A CryptoQuant analyst named Mac D recently published insights on the CryptoQuant QuickTake platform, highlighting the implications of this change.
A widely followed crypto analyst known for making timely altcoin predictions is turning bullish on memecoins. Pseudonymous trader Bluntz tells his 276,300 followers on the social media platform X that multiple meme tokens are witnessing big breakouts, leading him to believe that memecoin season is here.
Next week marks a big moment for the cryptocurrency community as FTX, the Bankrupt Derivatives Exchange begins its repayment process. With a huge $16 billion set to flow into the accounts of crypto traders, analysts anticipate significant buying pressure on both Bitcoin and altcoins.
John Deaton discusses his stance on the Federal Reserve CBDCs, regulatory clarity, and government accountability in his Senate run.
With the US presidential elections around the corner! Senator Cynthia Lummis of Wyoming calls out the U.S. Securities and Exchange Commission (SEC) for its approach to regulating cryptocurrencies. In a recent interview on CNBC's Squawk Box, she criticized SEC Chair Gary Gensler for using enforcement actions instead of providing clear rules for the industry.
While many aspects of the cryptocurrency continue to evolve, the space remains vulnerable to security risks and this week saw several big DeFi hacks. Most of these hacks have led to millions in loss with investors having their confidence dented while at the same time, these hacks have exposed weaknesses within decentralized finance protocols.
Bitcoin's (BTC) breakout above $65,000 could lead to ‘exceptionally high' chances for a wider crypto rally in Q4 2024, according to Markus Thielen, head of research at 10x Research.
The cryptocurrency market is set to enter the fourth quarter of the year next week, with high expectations, as historically, Q4 has been highly favorable to the market; in Q4 2023, the market achieved an impressive return of +56.6%.
Regulations are often seen as a brake on crypto innovation. However, Hong Kong, in its quest for hegemony in the crypto derivatives market, has chosen another path.
August had an average rating of "Fear" on the Crypto Fear and Greed Index hitting a yearly low of 17 on Aug. 6.
A fraudulent cryptocurrency wallet app on Google Play has reportedly stolen $70,000 from users in a sophisticated scam that has been described as a world-first for targeting mobile users exclusively.
Changpeng Zhao, known as CZ, the founder of Binance, has been released from an American prison after serving four months for admitting guilt to money laundering charges.
Vladimir Putin highlighted that Russia is examining the use of national digital currencies to implement an independent and supranational alternative payment system. However, he also outlined the intricacies of building such a platform, given the level of integration of major trading partners with the current financial system.
The Netherlands lead with the highest number of monthly searches.
Crypto asset manager Grayscale has published an in-depth report outlining sectors poised for bullish growth in the final quarter of the year amid a notable recovery in the cryptocurrency market, particularly for major players such as Bitcoin (BTC) and various altcoins, which have reached price levels not seen in over two months. Grayscale Highlights Key Trends In Crypto In its Thursday report, Grayscale updated its Crypto Sectors Indexes, showcasing emerging themes within the digital asset industry.
Binance founder CZ marked his return to social media with a tweet greeting the crypto community, which quickly gained over 1 million views in just one hour.
Tether says it aided in the recovery of the stolen crypto by freezing the scammers wallets, which the FBI then seized.
Mango Markets and its affiliates settled SEC charges over selling unregistered securities and broker activities.
Wyoming Senator, Cynthia Lummis, an advocate for digital assets, has criticized the US Securities and Exchange Commission's (SEC) handling of cryptocurrency regulations. Speaking on CNBC's Squawk Box, Lummis criticized SEC Chair Gary Gensler for his attitude towards the cryptocurrency market saying it was counterproductive and problematic.
U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing.
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing Kazakhstan's growing influence in the global crypto ecosystem.
This week brought turmoil and development across the crypto space. A $42 million hack at BingX rattled the market, raising questions about security vulnerabilities in major exchanges.
Crypto enthusiasts and developers express their disapproval for the court case against Roman Storm, some calling it an attack on freedom.
Crypto platform Zort's CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying ‘active duty' law enforcement $280,000 per month,” according to the authorities.
The correlation between the cryptocurrency and stock markets is at an all-time high in September, according to a recent Coinbase research. The research also indicated that global easing campaigns in China and the U.S. are among the main reasons for the increased correlation, now nearing 50%.
He's banned from running Binance for life — and says he plans to educate children and focus on philanthropy.
Binance founder Changpeng Zhao was released from a correctional facility in California on Friday, Bloomberg News reported, citing a spokesperson for the Bureau of Prisons.
Stand With Crypto refrained from backing either side in Michigan, Arizona, and Ohio, three battleground states where crypto has come to the fore.
Stablecoins are already big business. Investors and traders worldwide hold over $155 billion worth of Tether's USDT, Circle's USDC, and other U.S. dollar-pegged tokens, and the volumes keep growing.
Four individuals who are either victims or family members of victims of state-sponsored terrorism have filed a lawsuit against the U.S. Department of Justice (DOJ). Their claim revolves around the DOJ's handling of a staggering $4.3 billion settlement resulting from the legal troubles of cryptocurrency exchange Binance.
After four months in jail and social media discretion, CZ is free. What's next for the former crypto titan who led Binance to the top?
Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said.
Binance founder Changpeng “CZ” Zhao has been released from prison, according to the U.S. Bureau of Prisons (BOP).
Wyoming Senator Cynthia Lummis believes that SEC Chair Gary Gensler is likely to step down from his role as the regulator's head next year. She made the statement during CNBC's Squawk Box on Sept.
Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals.
Binance Founder Changpeng “CZ” Zhao has been released from custody on Friday, following the completion of a four-month prison sentence. Zhao's early release, two days ahead of schedule, was due to federal guidelines allowing inmates to be released before weekends or holidays.
Binance founder and former CEO Changpeng “CZ” Zhao is the wealthiest person to serve jail time in the US, with current net worth estimated more than $60 billion.
Binance founder and former CEO Changpeng Zhao has been released from prison two days early after a four-month sentence in the United States. The 47-year-old was initially scheduled to be released on Sept.