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.

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.

Zhao's release and Binance's penalties highlight ongoing regulatory challenges and the need for stricter compliance in the crypto industry. The post Binance CZ released after serving four-month sentence appeared first on Crypto Briefing.

He served four-months in federal prison for charges including alleged violations of US anti-money laundering (AML) rules.

Changpeng Zhao, better known as CZ, has reportedly been released from the American prison he had to serve four months in after admitting guilt to money laundering charges. This is a developing story

Changpeng Zhao was sentenced to four months in prison in April this year after he pleaded guilty last year.

CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.

CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.

Binance's former CEO Changpeng Zhao is now free after his incarceration in a California prison.

There are steps that former Alameda Research CEO Caroline Ellison can take to make prison a better experience, consultants told Decrypt.

Gensler believes the new rules would close the regulatory gaps among trading platforms and handle risks in the financial system.

Base made another leap for its throughput metric, estimating gas spent per second. The metric is a proxy for using complex apps and activities, such as DEX routing.

SEC resolves case with Mango DAO and Blockworks for unregistered MNGO token sales, imposing fines and operational restrictions. The post SEC charges Mango DAO for unregistered crypto token sales appeared first on Crypto Briefing.

Bolivia has experienced a massive surge in crypto transactions over the past three months following new regulations that legalized the use of digital payment channels.

Changpeng Zhao's early release from U.S. custody raises questions about his future, with speculation surrounding his role in crypto.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Kristin Smith of Blockchain Association discusses the impact of the 2024 election on the crypto industry.

U.S. Representative Mike Collins recently disclosed unusual trades for a politician, actively buying and selling crypto altcoins. One of his trades, in particular, has rendered the Congressman over 135% in unrealized profits so far.

Decentralized liquidity protocol Onyx has suffered a security breach that siphoned millions worth of crypto assets from the platform. Blockchain security firm PeckShield says the perpetrators made off with over $3.8 million in crypto assets, which include 7.35 million of the protocol's utility token Onyxcoin (XCN), 50,000 Tether (USDT), 4.

The U.S. Department of Justice (DOJ) has teamed up with other federal and international law enforcement agencies to charge two Russian nationals with multiple cybercrimes, including running illegal crypto exchanges.

Following the indictment of its CEO, Changpeng Zhao, Binance now says compliance is at the top of its agenda.

Cryptocurrency ETFs saw inflows exceeding $20 billion in 2024, according to Morningstar.

In the evolving landscape of blockchain technology, Decentralized Autonomous Organizations (DAOs) have emerged as innovative entities that operate without centralized control. DAOs leverage smart contracts on blockchain networks, enabling members to collaborate and govern collectively.

The US Department of Justice announced it had indicted two Russians for what it said was a multi-million-dollar money Russian crypto laundering ring, an operation that ran billions of dollars through cryptocurrency exchanges. Cryptex and Joker's Stash facilitated money transfers from users involved in fraud, ransomware, and darknet activities.

The rising incidence of private key compromises (PKC) has caused a significant decline in the crypto industry in 2024. According to the report by CertiK alerts, this September was the 5th month this year with more than 10 reported cases, each exceeding $1 million.

Changpeng “CZ” Zhao is set to be released from prison today. His sentence was cut short because his official release date fell on a weekend, and under U.S. prison rules, he's being let out later today.

Robinhood Markets and Revolut were reportedly noncommittal when asked about a media report that they are considering launching stablecoins.

Crypto exchange Bybit bags a license in Kazakhstan, barely a month after securing AFSA's consent to full authorization.

On September 27, CCData Research unveiled the September 2024 edition of its “Stablecoins & CBDCs” Report, providing a comprehensive overview of recent trends and market dynamics within the stablecoins and central bank digital currencies (CBDCs) sectors. CCData, authorized by the Financial Conduct Authority (FCA) as a benchmark administrator, is a prominent provider of institutional-grade digital asset data.

Retail trading platform Robinhood and digital banking app Revolut are reportedly looking at the possibility of issuing their own stablecoin. Citing people familiar with the matter, Bloomberg reports that the two financial technology giants are considering joining the $170 billion stablecoin market but are still opting not to proceed.

Each purchase will not only add a distinctive item to the buyer's wardrobe but also contribute to a noble cause.

Crypto advocacy Stand With Crypto has backed John E. Deaton, highlighting his stance on digital assets as he challenges Senator Elizabeth Warren.