TOKEN2049 has ended in Singapore. Here are three highlights from one of the most anticipated crypto conferences of the year.
Judge throws out Consensys' lawsuit against the SEC over Ethereum, but the MetaMask issue remains unresolved.
A serious security breach hit Singaporean bitcoin exchange BingX. Exchange hot wallets lost almost $43 million on Friday, due to hacker activity.
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.
Demand for offshore exchanges rises to 49% in the US, beating on shore exchanges in the last quarter due to imposed regulations.
A federal judge has recently ordered Koo Ichioka Wlliam, a 30-year-old New York resident, to pay $36.4 million for his participation in a crypto fraud operation in which investments in cryptocurrency as well as Forex trading were misappropriated. The verdict was given by Judge Vince Chhabria of the U.
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
The U.S. government is recommending a lenient sentence for Caroline Ellison, former Alameda Research CEO and ex-girlfriend of Sam Bankman-Fried, following her “extraordinary” testimony in his landmark fraud case last fall.
On-chain data shows three altcoins are observing a high transaction activity from the whales after the US Federal Reserve (Fed) announced a rate cut. Whale Transaction Count Has Spiked For These Altcoins Recently In a new post on X, the on-chain analytics firm Santiment has discussed the Whale Transaction Count trend for three altcoins.
Authorities have promised an impending end for cyber criminals associated with the now-sanctioned exchanges.
The US Federal Reserve's decision to ease interest rates by 50 basis points has pushed investors to take on risk assets, raising anticipations of an altcoin season.
It was testified to the fact that in a major development for banks entering the institutional crypto custody space, the largest custodian bank in the US, BNY Mellon, reportedly got an exemption from adhering to the SEC's SAB 121 accounting guidelines specifically for its institutional crypto custody operations. During a federal update on Monday, Chris
Former President Donald Trump's DeFi project, World Liberty Financial, will not be exempt from the stringent and opaque regulations imposed on US-based crypto ventures, according to SEC Commissioner Mark Uyeda.
In a significant legal victory for cryptocurrency regulation, the Commodity Futures Trading Commission (CFTC) secured a $36 million judgment in a California-based crypto fraud case.
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro.
Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following on approval in Dubai.
South Korea's Financial Services Commission (FSC) pledged on September 20 to actively support the second phase of crypto legislation.
New York resident William Koo Ichioka agreed to pay $36 million in a CFTC case alleging cryptocurrency and forex fraud. According to a Sept.
One of the biggest names in late-night television has reportedly been booted from jury selection in an upcoming New York crypto trial.
PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management. A Friday (Sept.
The hefty fine and penalties underscore the CFTC's commitment to cracking down on financial fraud, potentially deterring future scams. The post Crypto scammer hit with $36 million fine by CFTC for fraud appeared first on Crypto Briefing.
Privatizing public goods investment in venture funds would help align incentives and lead to more sustainable financing for networks that have a social purpose, says Azeem Khan.
SkyBridge Capital founder Anthony Scaramucci, a headline speaker at Benzinga's Future of Digital Assets event, is actively working with a group of cryptocurrency advocates to shape U.S. Vice President Kamala Harris‘s policies on digital assets ahead of the 2024 elections. What Happened: "There's a group of cryptocurrency advocates, bitcoin advocates etc.
A man previously accused of lying to customers about their crypto investments was ordered to pay $36 million dollars on Friday.
German authorities have shut down 47 cryptocurrency exchanges for their role in facilitating criminal activities, according to a joint statement from the Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA). The exchanges were deactivated after the authorities determined they had been involved in money laundering.
How much money from the Genesis crypto heist was recovered and returned to the victim?
For all the talk of central banks launching digital versions of national currencies, only three projects have fully launched. For a host of reasons, we likely won't see a global rollout of these difficult-to-build and not-particularly-wanted initiatives, says Fiorenzo Manganiello, co-founder and managing partner of investment firm LIAN Group.
German authorities have shut down 47 crypto exchanges connected to illicit activity, including money laundering, in a forceful anti-cybercrime action.
The Hashgraph Association is teaming up with stakeholders in Qatar to explore five digital asset use cases over the next year.
Crypto hackers take over India's Supreme Court YouTube Channel to promote a token scam.
The law firm targeting OpenSea has brought a series of cases against crypto companies, such as FTX and Binance.
Congressman Rich McCormick (R-GA) called on the U.S. Department of State on Wednesday to intervene in freeing Binance executive Tigran Gambaryan, who has been detained by Nigerian authorities since February of this year.
Scaramucci says the crypto policies will distance the Democrats from popular crypto critics, Elizabeth Warren and Gary Gensler.
Embark on the untapped potential of the cryptocurrency world by exploring the top 5 obscure altcoins that hold the promise to skyrocket in the upcoming bull market. Understand the quintessential facets of these altcoins and how they could possibly yield massive profits for investors.
In the ever-evolving world of blockchain, few events have managed to capture the industry's attention like the Korea Blockchain Week (KBW). Since its inception in 2018, KBW has grown exponentially, positioning itself as a global hub for blockchain innovation, collaboration, and thought leadership.
2024 has been a tumultuous year for the cryptocurrency industry, with several high-profile crimes dominating the headlines. Benzinga looks back at some of the biggest crypto crime cases in 2024.
DWF Labs, a Web3 investment firm and market maker, has announced a strategic partnership with GraFun, a memecoin launchpad.
Cardano founder Charles Hoskinson warned on Friday that Donald Trump's newly launched crypto platform, World Liberty Financial, could face serious political and regulatory challenges.
Emmer and McHenry voiced their concerns in a letter dated September 17. They are worried about the SEC's recent actions against airdrops.
The exchanges allegedly eschewed know-your-customer protocols to check a user's identity before allowing digital asset transactions.
The U.S. Securities and Exchange Commission had – for a time – added Consensys to a list of crypto investigation targets, prompting the technology incubator company to sue it for overreach in federal court. Because the regulator then shut down that Ethereum probe earlier this year, a Texas judge has decided the lack of immediate danger means the lawsuit is unwarranted.
In a recent development, major crypto exchange Binance has announced new futures listings. This move is set to expand the trading options available to users, providing more opportunities to engage with the dynamic crypto market.
Sheffield also said it is “exciting” to see more entries into the stablecoin market that offers more options outside USDT and USDC.
Decentralized exchanges (DEXs) have the potential to revolutionize finance — but without solving their capital inefficiency issues, they will always struggle to keep up with their centralized counterparts.
An investment adviser has been ordered to pay tens of millions of dollars for overvaluing thousands of largely illiquid collateralized mortgage obligations (CMOs) and giving preferential treatment to clients. Macquarie Investment Management Business Trust (MIMBT) will pay $79.8 million to settle charges for overvaluing approximately 4,900 largely illiquid CMOs held in 20 advisory accounts, including 11 retail mutual funds, the Securities and Exchange Commission said on Thursday.
In a significant trading blunder, BitMEX co-founder Arthur Hayes has sold 350,000 Pendle (CRYPTO: PENDLE) tokens worth approximately $1.26 million just three months after he acquired a larger position in the token, realizing a $790,000 loss. What Happened: According to data from blockchain analytics platform Lookonchain, he had originally purchased 392,911 tokens for $2.2 million between May and June at an average price of $5.6 per token.
Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $52 million. Bingx claims the stolen amount is minimal because it primarily stores users' assets in cold wallets, which were not targeted by the hackers.