David Brend and Gustavo Rodriguez, key figures in the cryptocurrency Ponzi scheme Icomtech, have been sentenced to 10 and eight years in prison, respectively, for defrauding thousands of investors. Icomtech falsely marketed itself as a crypto trading and mining company, promising guaranteed daily returns.
South Korean traders rushed to sell their crypto on local exchanges following the enforcement of martial law late Tuesday night.
Alex Mashinsky, founder of Celsius Network, pleaded guilty to commodities fraud and market manipulation, facing up to 30 years in prison. The post Ex-Celsius CEO Alex Mashinsky Pleads Guilty to Fraud Charges in Crypto Lender Scandal appeared first on Cryptonews.
Enron is back from the dead 23 years after its massive fraud put into bankruptcy, with the pranksters who have seemingly taken over the brand hinting at launching a token.
The US government transferred a total of 5,024 ether from its 'FTX Alameda Seized Funds' wallet to two addresses on Tuesday.
Coinbase CEO Brian Armstrong declared that the company would cut ties with law firms that hire lawyers with an anti-crypto stance. He specifically called out Milbank LLP for hiring Gurbir Grewal, a former SEC enforcement director, saying it was a “mess up.” But why is this such a big deal for crypto? Let's dive in.
Coinbase's integration of Apple Pay marks another significant step forward in the global adoption of cryptocurrency. New Payment Feature for Coinbase Users Coinbase has announced the addition of a new feature to its Onramp app services with the integration of Apple Pay for fiat-to-crypto transactions.
A Siberian local government official has been arrested for “illegally mining crypto” using a makeshift power grid connection in his garage. The post Siberian Local Gov't Official Caught ‘Illegally Mining Crypto in His Garage' appeared first on Cryptonews.
Attorneys for Ver asked a federal judge to throw out the case, citing unclear regulations and claiming government trickery.
Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and manipulating the CEL token, facing up to 30 years in prison.
Roger Ver argued that the IRS' exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.”
South Korean crypto exchanges saw a surge in registrations, with altcoins dominating over 80% of local trading volumes.
Roger Ver, recognized in the crypto community as “Bitcoin Jesus,” is contesting an eight-count indictment brought by the U.S. Attorney for the Central District of California. Ver, known for his early investments in Bitcoin and advocacy for digital assets, is accused of failing to report $50 million in taxes on Bitcoin transactions valued at $240
President-elect Trump is weighing candidates to lead the CFTC in his administration, with the agency set to play a key role in regulating cryptocurrencies and digital assets.
Brace yourselves: more regulations are coming to an EU territory near you.
South Korea's financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who use virtual assets for money laundering.
Crypto.com recently upgraded its bug bounty program with HackerOne by offering a $2M reward to any hacker able to spot vulnerabilities in its security system. While the bug bounty program with HackerOne is not a novel idea, the large sum attached to the announcement certainly drew a lot of attention worldwide.
South Korean President Yoon Suk Yeol has reversed his declaration of martial law after six hours of heightened tension at South Korea's National Assembly.
Billions of dollars in crypto from legal battles with several cryptocurrency companies were seized by the U.S. government, including FTX, and now they have moved it into another wallet. According to Arkham Intelligence data on Dec. 03, the U.S.
Binance Exchange ranks above its core rivals like Coinbase and Kraken as the right channel for corporate investors to enter the market
RTFKT's closure follows declining NFT demand and market challenges, despite $50 million earnings and collections like MNLTH and Clone X.
Bored Ape Yacht Club creator Yuga Labs strengthens its Web3 presence by acquiring Tokenproof's technology team, integrating their expertise in NFT verification systems into their research and development division, The Workshop.
With a second Donald Trump administration and friendlier crypto regulations on the horizon, many crypto investors and personalities have drawn their lines. Brian Armstrong, Coinbase CEO, said it's time to work only with companies and personalities with the same commitment to crypto and the blockchain.
Alex Mashinsky, the former CEO of crypto lender Celsius, has pleaded guilty to two charges related to fraud and market manipulation, agreeing to a sentencing guideline of 30 years in prison. Mashinsky was indicted in July 2023 on seven counts, including fraud, conspiracy, and manipulation of the market for Celsius' token, CEL.
Alex Mashinsky, co-founder of Celsius Network, has pleaded guilty to fraud charges linked to his involvement in the cryptocurrency lender's collapse. The decision marks a significant development in ongoing legal proceedings tied to the broader fallout of the 2022 crypto winter.
Coinbase CEO Brian Armstrong announced the exchange would sever ties with law firms that hire former regulatory officials linked to what he describes as “unlawful” actions against the crypto industry. Armstrong's comments, made in a social media post on Dec. 3, follow news that former SEC Division of Enforcement Director Gurbir S.
What drives your crypto investment decisions? Is it the buzz around emerging technologies, the practical solutions they bring, or the promise of exponential returns? With 2024 shaping up to be a game-changing year for blockchain projects, finding the best cryptos to buy this week could be the difference between an average portfolio and one that
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The Bitcoin miner will save energy and money by using excess wind power and recycled ASICs at its newly purchased facility in Texas.
South Korean cryptocurrency markets experienced significant turbulence following President Yoon Suk Yeol's unexpected martial law declaration, creating a notable divergence between global and local crypto prices.
Bitcoin (BTC) miner Marathon Digital has announced the acquisition of a wind farm in Hansford County, Texas, to bolster its sustainability efforts. The wind farm, which boasts 240 megawatts (MW) of interconnection capacity and 114 MW of nameplate wind capacity, will be the foundation for a new, sustainable data center.
Former Celsius CEO Alex Mashinsky pleaded guilty to some of his criminal charges, according to multiple reports.
Changpeng Zhao's recent cryptic tweet has led to speculation about an upcoming altcoin season. With Bitcoin's dominance weakening and global crypto regulating, many expect an altcoin rally, and there are various opinions on how it will unfold.
Crypto Giving Tuesday 2024 is expected to see a record number of crypto donations due to rising prices and increasing nonprofit participation. The post Crypto Giving Tuesday 2024 Set To Be The Biggest Year For Donations appeared first on Cryptonews.
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, Blockchain Association CEO Kristin Smith discusses what she hopes President-elect Trump and the incoming Congress will prioritize in regards to crypto.
Tokenization could help stamp vice, projected to beat the $340 billion mark by 2027
As the cryptocurrency market experiences a price correction, several social media posts claim that President-elect Donald Trump plans to appoint pro-crypto advocate Paul Atkin to replace Gary Gensler at the Securities and Exchange Commission (SEC). However, there has been no official confirmation from either Atkin or Trump's team regarding these developments.
At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair.
At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair.
President-elect Donald Trump has picked Paul Atkins, the pro-crypto former commissioner of the US Securities and Exchange Commission, as the next chair to replace Gary Gensler. According to the latest report by Unchained, Trump has reached out to the former SEC commissioner.
Lawyers for Roger Ver, also known by the moniker "Bitcoin Jesus," filed a motion to dismiss the criminal indictment for tax evasion in a California court.
Bitcoin rebounded above $95,500 after President Donald Trump nominated Paul Atkin as the new chair of the U.S. Securities and Exchange Commission
Volatility rocked the Korean crypto markets on Tuesday after the government briefly declared martial law, sending Korean Won (KRW)-priced digital assets into discount territory. South Korean President Yoon Suk Yeol declared martial law in a seemingly politically motivated move, prompting the military to attempt to enter parliament in Seoul.
Former SEC commissioner Paul Atkins is expected to replace Gary Gensler as SEC chair, signaling a potential shift toward pro-crypto policies. Atkins' extensive regulatory background and industry ties make him a strong contender to shape the SEC's approach to digital assets and financial innovation. The post Trump Expected to Announce Pro-Crypto Paul Atkins as SEC Chair Replacement appeared first on Cryptonews.
Fan tokens change the game for sports engagement and outperform NFTs.
Coinbase has received approval from the New York State Department of Financial Services (NYDFS) to operate in New York. This license allows Coinbase to legally offer its services in one of the most regulated markets for cryptocurrency in the U.S.
The newly instituted martial Law in South Korea has forced selloffs in the broader crypto market
Several rumored reports suggest that President-elect Donald Trump has chosen pro-crypto candidate Paul Atkins to lead the SEC under his government. However, Atkins is yet to accept the role formally.