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01 Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the Consensus 2024 event, he stated: “I think it’s just a matter of time, and it’s inevitable there’s gonna be an XRP […]
https://news.bitcoin.com/ripple-ceo-says-xrp-solana-cardano-etfs-are-inevitable/ | 140 | 1 | Loading... |
02 After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $964.24 million. Sharp Decline in Bitcoin Miner Revenue in May Bitcoin miners generated 46.15% less […]
https://news.bitcoin.com/bitcoin-miners-see-46-15-revenue-drop-in-may-lowest-since-october-2023/ | 237 | 1 | Loading... |
03 The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin (BTC). Joseph Kelly, CEO and co-founder of Unchained, set the ball rolling with a personal donation of two bitcoins. The bitcoin financial services firm also intends to connect UATX faculty and their research with key […]
https://news.bitcoin.com/bitcoin-firm-unchained-partners-with-university-of-texas-to-launch-5-million-bitcoin-endowment-fund/ | 297 | 3 | Loading... |
04 Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao (CZ) is now beginning his prison sentence after admitting guilt to charges related […]
https://news.bitcoin.com/ex-binance-ceo-changpeng-zhao-begins-4-month-prison-term-in-california/ | 374 | 3 | Loading... |
05 On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling around $50 million. Leading the inflows once more was Blackrock’s IBIT, while Grayscale’s GBTC saw outflows. $1.7B in Trade Volume and $50M in Inflows During Friday’s Bitcoin ETF Trading Sessions Approximately $50 million in inflows were reported during Friday’s spot […]
https://news.bitcoin.com/grayscales-gbtc-and-vanecks-hodl-report-outflows-as-us-bitcoin-etfs-gain-50m/ | 430 | 2 | Loading... |
06 Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued NFT sales, with Ethereum maintaining the lead and Bitcoin […]
https://news.bitcoin.com/nft-sales-dip-again-ethereum-leads-as-market-declines-by-7-03/ | 446 | 2 | Loading... |
07 In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or $88 million in bitcoin, with Robinhood acquiring the majority of these assets. Conversely, Coinbase experienced a noticeable decrease in its bitcoin reserves, witnessing an outflow of 40,406 BTC valued at $2.7 billion in the past two months. Coinbase, Binance, and […]
https://news.bitcoin.com/2-7-billion-reduction-coinbase-records-40406-btc-outflow-in-60-day-period/ | 454 | 2 | Loading... |
08 The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on May 31, exactly four months after submitting it. The decision followed the Hong Kong regulator’s classification of Bybit as an unlicensed entity, accompanied by threats […]
https://news.bitcoin.com/bybit-affiliate-withdraws-hong-kong-vasp-application-months-after-regulator-issued-license-warning/ | 424 | 2 | Loading... |
09 Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and the digital asset sector over compliance and operational standards. Coinbase […]
https://news.bitcoin.com/coinbase-challenges-secs-rulemaking-process-argues-for-clear-regulations-on-digital-assets/ | 446 | 5 | Loading... |
10 The Brazilian State Attorney General has dismissed allegations that Johann Steynberg, the late mastermind of a South African bitcoin ponzi scheme, was granted irregular access to a computer and the internet while in prison. Acting public prosecutor Lauro Machado Nogueira recently released a report stating that evidence from prison authorities contradicted these claims. Additionally, Steynberg, […]
https://news.bitcoin.com/report-shows-no-evidence-of-special-treatment-for-btc-ponzi-scheme-mastermind-in-brazilian-jail/ | 494 | 2 | Loading... |
11 Worldcoin, the iris-scanning biometric proof-of-personhood project, announced on Thursday the launch of its operations in Colombia. Via social media, the project reported that eye-scanning operations were already available in Bogota and Medellin, for World ID users. Currently, only ten locations with orbs (iris scanning machines) are available, six in Bogota and four in Medellin. Nonetheless, […]
https://news.bitcoin.com/worldcoin-officially-launches-in-colombia/ | 522 | 7 | Loading... |
12 According to Turkish authorities, the country’s law enforcement agencies have disrupted a criminal syndicate that lured unsuspecting residents into investing in a Ponzi scheme disguised as a cryptocurrency investment. The syndicate is reported to have swindled $1 billion from investors who were deceived by the scammers’ promise of high profits and zero risks. During the […]
https://news.bitcoin.com/turkey-detains-127-crypto-ponzi-scheme-co-conspirators-seizes-assets-worth-over-31-million/ | 577 | 4 | Loading... |
13 The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated techniques, making fund recovery difficult. For example, “Fraudsters may conduct pump-and-dump schemes with crypto assets, including so-called ‘memecoins’ that […]
https://news.bitcoin.com/sec-issues-investor-alert-highlighting-5-common-crypto-scams/ | 664 | 5 | Loading... |
14 The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’ views on cryptocurrency and its potential impact on the upcoming presidential election. The survey, involving over 2,000 adults, highlights key trends such as high interest in crypto among young, minority, male, and Democratic voters. Significant findings include 97% of likely […]
https://news.bitcoin.com/survey-77-believe-presidential-candidates-should-be-informed-on-ai-and-crypto/ | 657 | 4 | Loading... |
15 A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide, with notable increases seen across all continents. ‘562 Million […]
https://news.bitcoin.com/global-crypto-ownership-reaches-562-million-6-8-of-world-population-now-own-and-use-digital-currencies/ | 639 | 9 | Loading... |
16 Two Estonian nationals have been extradited from Estonia to the U.S. to face charges for their roles in “a massive multi-faceted cryptocurrency Ponzi scheme,” according to an announcement by the U.S. Department of Justice (DOJ). Sergei Potapenko and Ivan Turõgin are accused of operating a $575 million Ponzi scheme involving the fraudulent cryptocurrency mining service […]
https://news.bitcoin.com/estonian-nationals-extradited-to-us-for-575m-crypto-fraud/ | 546 | 4 | Loading... |
17 U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of this Republican-led resolution would “inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address […]
https://news.bitcoin.com/president-biden-vetoes-sec-sab-121-repeal-resolution/ | 547 | 6 | Loading... |
18 The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair resolution of issues, maintain records for regulatory review, and provide quarterly analyses. New York Regulator Requires Crypto Firms to Adopt New […]
https://news.bitcoin.com/new-york-tightens-customer-service-regulations-for-crypto-companies/ | 512 | 4 | Loading... |
19 Penguiana, the distinctive penguin-themed meme coin on the Solana blockchain, continues to captivate the crypto community, achieving a new milestone by doubling its market cap to over $2.5 million according to Dexscreener. This surge in valuation underscores the strong investor confidence and community enthusiasm surrounding the project, especially with the impending launch of the GUIANA […]
https://news.bitcoin.com/penguiana-doubles-market-cap-to-over-2-5-million-ahead-of-guiana-nft-mint/ | 479 | 3 | Loading... |
20 The rising trend of “re-staking” has driven significant cryptocurrency investments into platforms that reward users for locking up their tokens. Leading this movement is Seattle-based startup Eigenlayer, which secured $100 million in funding from Andreessen Horowitz’s crypto arm in February. Eigenlayer has attracted $18.8 billion worth of crypto to its platform from less than $400 […]
https://news.bitcoin.com/crypto-re-staking-platform-attracts-18-8-billion/ | 504 | 5 | Loading... |
21 Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers of each artistic collection. Metaplex Aims to Extend Hybrid […]
https://news.bitcoin.com/metaplex-announces-introduction-of-hybrid-defi-protocol-for-solana/ | 566 | 3 | Loading... |
22 Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging markets, and sharing the revenue obtained with partners integrating AUSD in their services platforms. […]
https://news.bitcoin.com/dragonfly-backed-stablecoin-agora-to-launch-natively-on-sui/ | 602 | 2 | Loading... |
23 Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions create problems for many legitimate crypto businesses and startups operating in good faith. Davido Offloads Meme Coin Hours After Promoting It to Followers The Nigerian […]
https://news.bitcoin.com/nigerian-artist-davidos-meme-coin-plummets-shortly-after-he-pockets-474000-from-token-sale/ | 617 | 3 | Loading... |
24 Following the landmark news of former President Donald Trump’s conviction on 34 counts related to a hush-money scheme allegedly influencing the 2016 election, data from the Polygon-powered prediction market Polymarket shows Trump still leading in forecast bets for the 2024 election. Convicted But Leading: Trump Tops 2024 Election Predictions on Polymarket According to Polymarket, Donald […]
https://news.bitcoin.com/conviction-fails-to-deter-donald-trumps-2024-election-odds-according-to-polymarket-bets/ | 634 | 4 | Loading... |
25 Transak, a Web3 payments provider, has teamed up with blockchain development platform Cometh to introduce a streamlined fiat-to-Layer three (L3) onboarding solution. This new system reportedly simplifies the purchase of crypto assets directly on Cometh’s L3 blockchain, Arbitrum Orbit. Transak Partners With Cometh to Simplify Fiat-to-L3 Crypto Transactions According to the company’s announcement, Transak and […]
https://news.bitcoin.com/transak-and-cometh-launch-industry-first-fiat-to-layer-3-crypto-onboarding-solution/ | 604 | 3 | Loading... |
26 PRESS RELEASE. Introducing HotDonkey, a revolutionary new memecoin set to redefine the cryptocurrency landscape. HotDonkey is more than just another digital currency; it is a vision, a movement, and a catalyst for transformative change in the world of finance. With its innovative approach, HotDonkey is poised to lead the way in the next generation of […]
https://news.bitcoin.com/ignite-your-investment-journey-with-hotdonkey-pre-sale-launch-be-a-part-of-the-hot-crypto-evolution/ | 613 | 1 | Loading... |
27 On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to acquire an additional $50 million in shares in the future. Bitdeer and Tether Forge Partnership With $100 Million Share Purchase Tether has acquired $100 million […]
https://news.bitcoin.com/bitdeer-announces-100-million-investment-from-tether/ | 613 | 2 | Loading... |
28 DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May 31, 2024. In response, DMM Bitcoin has assured its customers […]
https://news.bitcoin.com/over-300m-in-btc-stolen-from-japanese-exchange-dmm-bitcoin-in-major-security-breach/ | 632 | 4 | Loading... |
29 Multi-chain token Dogeverse is preparing for one of the biggest meme coin launches of the year after raising more than $15 million in a red-hot presale. The project has gotten a ton of attention from meme coin traders and crypto analysts, many of whom believe the $DOGEVERSE token could deliver a 10x gain or more […]
https://news.bitcoin.com/dogeverse-presale-enters-final-3-days-after-raising-15m-analysts-forecast-big-gains-in-june/ | 616 | 3 | Loading... |
30 This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of this supply resides on Tron, with the network hosting $58 billion in tethers, while Ethereum accounts for $51 billion. This editorial examines the top wallets […]
https://news.bitcoin.com/analyzing-tethers-111-billion-supply-top-usdt-wallets-on-tron-and-ethereum/ | 613 | 4 | Loading... |
31 According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner Year for Bitcoin Records The year 2024 has […]
https://news.bitcoin.com/may-shatters-bitcoin-transaction-records-highlighting-a-year-of-unparalleled-achievements/ | 635 | 2 | Loading... |
32 Bitcoin’s valuation presently resides at $68,402, boasting a market capitalization of $1.34 trillion and a 24-hour trading volume of $23.93 billion. Throughout the previous day, BTC’s price has maintained a tightly consolidated triangular pattern. Bitcoin Bitcoin’s (BTC) daily chart reveals a market that has transitioned from a significant rally to a consolidation phase. After an […]
https://news.bitcoin.com/bitcoin-technical-analysis-btc-maintains-stability-in-narrow-triangular-formation/ | 698 | 2 | Loading... |
33 Paraguayan authorities detected and shut down an illegal bitcoin mining farm that had over 2,700 miners connected directly to the country’s power grid. The operation, carried out in the city of Saltos de Guaira and situated near a national power facility, was deemed by authorities as the largest operation of its kind. Paraguayan Authorities Bust […]
https://news.bitcoin.com/paraguayan-authorities-shut-down-2700-miners-in-largest-anti-illegal-bitcoin-mining-intervention-to-date/ | 672 | 3 | Loading... |
34 A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source of funds.” NFTs Likely to be Used in Fraud and Scams […]
https://news.bitcoin.com/us-treasury-nfts-and-nft-platforms-highly-susceptible-to-fraud-and-scams/ | 717 | 4 | Loading... |
35 Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital transformation with a shift towards crypto-powered solutions and CBDCs, despite resistance from sector incumbents. In Africa, crypto-enabled payments are enhancing accessibility and affordability, […]
https://news.bitcoin.com/ripple-report-crypto-and-cbdcs-transforming-global-payments/ | 768 | 4 | Loading... |
36 Robinhood, the popular investment and trading platform, has announced a significant upgrade for its crypto customers in the United States. Users can now leverage Robinhood’s newly introduced Crypto Trading API to view real-time crypto market data, manage their portfolios and account information, and place crypto orders programmatically. “With our new crypto trading API, we’re helping […]
https://news.bitcoin.com/robinhood-introduces-crypto-trading-api/ | 766 | 2 | Loading... |
37 PRESS RELEASE. MEW, a cat-themed token on the Solana blockchain, partners with animation studio LOCUS to create a new 3D animated series. MEW is the first worldwide entertainment brand and retail product line started by a memecoin community. LOCUS produces 3D animations and TV series primarily in the Korean market. After raising about $17.5 million […]
https://news.bitcoin.com/solana-memecoin-mew-partners-with-locus-animation-studio-to-create-new-3d-animated-series/ | 737 | 1 | Loading... |
38 Circle, the company behind USDC, the second-largest stablecoin in the cryptocurrency market, has announced its official launch in Brazil. The company inked an alliance with BTG Pactual, the largest investment bank in Latam, to provide onboarding and distribution services for Brazilian companies. Circle also partnered with Nubank, a leading digital neobank. Circle Partners With BTG […]
https://news.bitcoin.com/circle-officially-launches-in-brazil-partners-with-latam-giants-btg-pactual-and-nubank/ | 780 | 4 | Loading... |
39 David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely claimed to hold $11 million in bitcoin to secure investments. He used his attorney position to instill trust, providing fake letters on […]
https://news.bitcoin.com/lawyer-pleads-guilty-in-9-5m-crypto-ponzi-scheme-faces-5-years-in-prison/ | 729 | 4 | Loading... |
40 Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in the negotiation stage. More Companies Looking to Adopt Microstrategy’s Bitcoin […]
https://news.bitcoin.com/companies-in-two-capital-markets-reportedly-in-negotiations-to-implement-microstrategys-bitcoin-business-model/ | 708 | 5 | Loading... |
Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the Consensus 2024 event, he stated: “I think it’s just a matter of time, and it’s inevitable there’s gonna be an XRP […]
https://news.bitcoin.com/ripple-ceo-says-xrp-solana-cardano-etfs-are-inevitable/
Ripple CEO Says XRP, Solana, Cardano ETFs Are 'Inevitable' – News Bytes Bitcoin News
Ripple's CEO thinks XRP, solana, and cardano exchange-traded funds (ETFs) are inevitable, noting that it's just a matter of time.
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $964.24 million. Sharp Decline in Bitcoin Miner Revenue in May Bitcoin miners generated 46.15% less […]
https://news.bitcoin.com/bitcoin-miners-see-46-15-revenue-drop-in-may-lowest-since-october-2023/
Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023 – Mining Bitcoin News
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May.
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The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin (BTC). Joseph Kelly, CEO and co-founder of Unchained, set the ball rolling with a personal donation of two bitcoins. The bitcoin financial services firm also intends to connect UATX faculty and their research with key […]
https://news.bitcoin.com/bitcoin-firm-unchained-partners-with-university-of-texas-to-launch-5-million-bitcoin-endowment-fund/
Bitcoin Firm Unchained Partners With University of Texas to Launch $5 Million Bitcoin Endowment Fund – Featured Bitcoin News
The goal of this collaboration is to raise $5 million, which will be invested in BTC for at least five years.
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Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao (CZ) is now beginning his prison sentence after admitting guilt to charges related […]
https://news.bitcoin.com/ex-binance-ceo-changpeng-zhao-begins-4-month-prison-term-in-california/
Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California – Bitcoin News
The ex-CEO of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California.
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On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling around $50 million. Leading the inflows once more was Blackrock’s IBIT, while Grayscale’s GBTC saw outflows. $1.7B in Trade Volume and $50M in Inflows During Friday’s Bitcoin ETF Trading Sessions Approximately $50 million in inflows were reported during Friday’s spot […]
https://news.bitcoin.com/grayscales-gbtc-and-vanecks-hodl-report-outflows-as-us-bitcoin-etfs-gain-50m/
Grayscale’s GBTC and Vaneck’s HODL Report Outflows as US Bitcoin ETFs Gain $50M – Finance Bitcoin News
On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling $50 million.
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Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued NFT sales, with Ethereum maintaining the lead and Bitcoin […]
https://news.bitcoin.com/nft-sales-dip-again-ethereum-leads-as-market-declines-by-7-03/
NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03% – Markets and Prices Bitcoin News
Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week.
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In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or $88 million in bitcoin, with Robinhood acquiring the majority of these assets. Conversely, Coinbase experienced a noticeable decrease in its bitcoin reserves, witnessing an outflow of 40,406 BTC valued at $2.7 billion in the past two months. Coinbase, Binance, and […]
https://news.bitcoin.com/2-7-billion-reduction-coinbase-records-40406-btc-outflow-in-60-day-period/
$2.7 Billion Reduction — Coinbase Records 40,406 BTC Outflow in 60-Day Period – Exchanges Bitcoin News
At that time, Coinbase held 928,743 BTC, but as of today, the total has decreased to 888,337 BTC, as recorded by Arkham Intelligence.
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The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on May 31, exactly four months after submitting it. The decision followed the Hong Kong regulator’s classification of Bybit as an unlicensed entity, accompanied by threats […]
https://news.bitcoin.com/bybit-affiliate-withdraws-hong-kong-vasp-application-months-after-regulator-issued-license-warning/
Bybit Affiliate Withdraws Hong Kong VASP Application Months After Regulator Issued License Warning – News Bytes Bitcoin News
The Singaporean crypto exchange Bybit's affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong.
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Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and the digital asset sector over compliance and operational standards. Coinbase […]
https://news.bitcoin.com/coinbase-challenges-secs-rulemaking-process-argues-for-clear-regulations-on-digital-assets/
Coinbase Challenges SEC’s Rulemaking Process, Argues for Clear Regulations on Digital Assets – Legal Bitcoin News
Coinbase criticizes the SEC’s stance that existing rules are sufficient and argues that the SEC's approach has created regulatory ambiguity.
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The Brazilian State Attorney General has dismissed allegations that Johann Steynberg, the late mastermind of a South African bitcoin ponzi scheme, was granted irregular access to a computer and the internet while in prison. Acting public prosecutor Lauro Machado Nogueira recently released a report stating that evidence from prison authorities contradicted these claims. Additionally, Steynberg, […]
https://news.bitcoin.com/report-shows-no-evidence-of-special-treatment-for-btc-ponzi-scheme-mastermind-in-brazilian-jail/
Report Shows No Evidence of Special Treatment for BTC Ponzi Scheme Mastermind in Brazilian Jail – News Bytes Bitcoin News
Public prosecutor Lauro Machado Nogueira recently released a report stating that evidence from prison authorities contradicted these claims.
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