Mastercard's Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream, speeding up commerce with trust and transparency,” Mastercard stated.

The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts.

The French financial regulator, Autorité des Marchés Financiers (AMF), has issued a reminder that Bybit, a cryptocurrency exchange, is banned in France.

According to the analyst, most new tokens on Binance are listed with an inflated valuation despite lacking a substantial user base.

Crypto lending firm Genesis Global has reportedly been given the green light by a U.S. Bankruptcy Judge to return approximately $3 billion in cash and cryptocurrency to its clients. This move leaves the firm's owner, Digital Currency Group (DCG), with no recovery from the bankruptcy.

In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period which resulted in the company recording a gross loss of $37.3 million.

The operation targeted by Binance and Taiwanese authorities represents a sophisticated network of individuals engaged in elaborate money laundering activities using virtual assets. These perpetrators employed a multitude of tactics to obfuscate their illicit activities, including the falsification of customer conversation records, remittance proofs, and identity verification data.

The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC's SAB 121. President Biden threatened to veto the overruling.

Binance's Financial Crimes Compliance Department recently collaborated with Taiwan's Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money laundering case involving nearly NT$200 million (approximately US$6 million). The criminal operation had been laundering money through virtual assets by creating fake customer records and forged identity data.

The US Department of Justice (DOJ) has arrested two Chinese nationals, Daren Li and Yicheng Zhang, for orchestrating a massive crypto scam known as “pig butchering.” This scheme led to the laundering of at least $73 million.

Investors purchasing the latest cryptocurrency listings on the leading cryptocurrency exchange Binance over the last six months would be down by over 18% in the last six months, despite a wide cryptocurrency market rally over that period, as over 80% of these tokens saw their values drop after listing.

An in-depth look at the intersection of quantum computing and blockchain, with insights from Professor Massimiliano Sala.

In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or e-CNY wallets, as announced by the Hong Kong Monetary Authority (HKMA).

zkSync tips its v24 release to a set the groundwork for a major operational shift.

The court approved Genesis distribution plan to return $3 billion in assets to customers, overcoming objections from DCG.

Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house.

The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a "fictitious" cryptocurrency” wallet after promising significant gains.

In a Brooklyn federal court on Thursday, crypto personality Thomas John Sfraga, also known as “TJ Stone”, pleaded guilty to wire fraud charges for defrauding over a dozen victims out of more than $1.3 million.

Solana-based platform Pump.fun suffered an exploit that left the crypto community with many questions. The attack stole millions of dollars in users' funds, but the reasons behind it and the exact amount of the loot were unclear.

The Alex Labs fund has over $3.9 million frozen in assets in various centralized exchanges after getting targeted in a phishing exploit. Currently, the Alex Labs team is in the process of recovering the assets.

Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy.

With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential for upside.

Keith Gill's return as RoaringKitty leads to a GameStop stock jump and potential meme coin supercycle, with crypto market liquidity remaining strong. The post Meme coin supercycle or liquidity crisis?

The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC.

The world's largest cryptocurrency exchange, Binance, has been embroiled in a complex legal battle with Nigerian authorities over allegations of money laundering, tax evasion, and currency speculation.

Dolce & Gabbana has reportedly been sued by a customer who said he spent $6,000 on non-fungible tokens (NFTs) offered by the company, only to have them arrive late and without the benefits that were promised.

Base blockchain's trading volumes soar with JOJO DEX, capturing a significant share and showcasing user engagement in the ecosystem. The post Base records 212% increase in perpetual trading volumes appeared first on Crypto Briefing.

The Department of Justice charged Daren Li and Yicheng Zhang with orchestrating a “pig butchering” cryptocurrency scam.

io.finnet has launched a new digital asset custody solution catering to institutions. The company says that “”io.vault” has signed up several institutional players including Ibanera and Evo Exchange.

The unexpected move comes as Pink Drainer claims to have accomplished its mission.

The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset platform Bybit. The AMF reminded French investors that Bybit is an unregistered crypto platform operating illegally in the country.

A Nigerian court is reportedly ruling that a detained Binance executive can face trial as a representative of the crypto exchange platform. According to a new report by Reuters, a Nigerian court ruled that U.S.

On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing.

SkyBridge Capital founder Anthony Scaramucci believes institutional adoption of Bitcoin has begun in full force and will accelerate rapidly in the coming quarters. Scaramucci made the statement during an interview on CNBC, where he highlighted the growing acceptance of Bitcoin among major financial institutions and pension funds.

Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing.

"Only in crypto." Meme coin Pacmoon rewarded one user with a hefty airdrop—which was bigger than expected thanks to a pal's costly mistake.

EVM compatibility is driving the rapid growth of Move-based blockchains like Sui and Aptos, as explained by Movement Labs' co-founder. The post Move-based blockchains growth relies on EVM compatibility: Movement Labs co-founder appeared first on Crypto Briefing.

The infamous wallet drainer announced its exit following the theft of tens of millions over the past years

The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges.

This week's Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton's CEO betting on blockchain, Polymarket's funding raise, and a leadership transition at dYdX.

The bill is in line with global norms and focuses on crypto service provider registration. The proposed bill also handles the categorization of cryptocurrencies and projects.

The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month.

Heather Slavkin Corzo, the policy director at the U.S. Securities and Exchange Commission, is leaving the agency, according to a Friday press release.

Ontario police charge Aiden Pleterski with fraud and money laundering, accusing him of a $30 million scam.

The U.S. Senate joined the House of Representatives in voting to repeal a controversial U.S. Securities and Exchange Commission (SEC) accounting rule that imposed burdensome capital requirements on crypto custodians. That's a relatively big deal, considering the so-called Staff Accounting Bulletin, a.k.a.

ZkSync aims to empower users with a governance token airdrop, finalizing its community-led approach after the v24 upgrade in June. The post zkSync gears toward final upgrade, community eyes airdrop by end of June appeared first on Crypto Briefing.

As other firms spend millions on pro-crypto candidates, Joe Lubin tells Decrypt that Consensys has resisted the impulse. Here's why.

The United States Department of Justice (DOJ) has charged two Chinese nationals involved in a $73 million crypto scam. In a May 17 announcement, the DOJ explained recent developments in the case after the arrest of the suspects.