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.

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.

Sun Token ($SUN), the native utility asset powering TRON's new meme coin minting protocol SunPump, outperformed market leader Bitcoin ($BTC) and leapt 5% overnight and 11% over the week to trade at $0.02582 as of this writing.

Bybit, the world's second-largest cryptocurrency exchange by trading volume, is leveraging advanced artificial intelligence (AI) technology to protect users, as revealed to Finbold on Friday, September 20.

The segment of AI meme cryptocurrencies, i.e., meme coins using artificial inteligence narratives in various ways, is rocketing today despite the pale performance of the rest of the altcoins.

Hackers compromised the Supreme Court of India's official YouTube channel to promote a fraudulent cryptocurrency scheme involving Ripple's XRP token.

German authorities have taken action against 47 cryptocurrency exchanges, citing their involvement in facilitating illegal activities.

Confusion around crypto storage, regulations, and other factors tech-savvy people take for granted could be keeping average users on the sidelines and away from the technology.

Singapore-based crypto exchange BingX suffered a ‘minor' asset loss after hackers targeted one of its hot wallets.

Fraudsters continue targeting crypto exchanges, with Bybit reporting nearly $1 billion in suspicious withdrawal requests during the first half of 2024.

Despite memecoin culture, there is still no better way to create community than with NFTs, Pudgy Penguins CEO Luca Netz said Friday.

The TOKEN2049 event wrapped up in Singapore but the crypto crowd is still here celebrating Web3. With over 800 side events alongside TOKEN20249 happening in Singapore, the city country is buzzed with crypto fever.Here are some of the highlights from the TOKEN2049 Singapore:

RWA tokenization will increasingly grow by 45% in 2029, while collateral tokenization will surge by only 29%.

Venture Capitalist Nic Carter updates his findings on Operation Choke Point 2.0 after Silvergate executive's testimony that sheds light on how US financial regulators tried to crackdown on banks involved in the crypto industry, known as Operation Choke Point 2.

As more and more crypto traders are using market volatility to generate profits, automation and AI-driven tools are becoming their best friends. It's fairly common now for traders to seek ways to streamline their strategies and enhance profitability.

Charles Hoskinson, founder of the Cardano blockchain, has expressed concerns about a new decentralized finance (DeFi) project endorsed by former U.S. President Donald Trump. In a recent interview, Hoskinson discussed the potential challenges that the World Liberty Financial (WLFI) project might face.

X Empire, a tap-to-earn crypto project, has gained over 40 million users, integrated NFTs, and designed its tokenomics to benefit the community.