The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against Binance Australia Derivatives, accusing the platform of misclassifying retail investors and denying them essential consumer protections. Between July 2022 and April 2023, Binance […]
In a rare moment in crypto history, Crypto.com has voluntarily withdrawn its lawsuit against the U.S. Securities and Exchange Commission (SEC). Considering the history of constant tussles between crypto firms and regulators—particularly the SEC—the decision […]
Anchorage Digital has secured a BitLicense in New York, enabling the company to serve institutions in the world’s financial capital. “Secure and cost-efficient trading” is set to be on offer from early next year, it […]
A man pretending to be an Uber driver was arrested after allegedly stealing $300,000 worth of cryptocurrency from two passengers in Scottsdale, Arizona. The Scottsdale Police Department claims that Nuruhussein Hussein onboarded the passengers in […]
Suchir Balaji, a 26-year-old ex-employee of OpenAI who went public with allegations that the company unethically used data to train its artificial intelligence platform, was found dead in his San Francisco apartment in an apparent […]
A Satoshi era Bitcoin investor was sentenced to two years in prison, after he underreported the capital gains he earned from selling $3.7 million worth of BTC. This marks the conclusion of the first ever […]
President-elect Donald Trump is reportedly considering Brian Quintenz, a former Commodity Futures Trading Commission (CFTC) commissioner, to lead the agency. Currently serving as the policy lead for VC giant Andreessen Horowitz’s crypto division, Quintenz has […]
The $45 billion Terra crash of 2022, involving TerraUSD and LUNA, is set to be immortalized in a new South Korean independent movie. In “Crypto Man,” the late actor Song Jae-rim plays the protagonist and […]
Economist and crypto critic Peter Schiff has triggered a debate on the U.S. government’s Bitcoin strategy by urging President Joe Biden to sell all federally held BTC. Schiff noted that liquidating these reserves could reduce […]
Coinbase CEO Brian Armstrong took to social media to criticize SEC Commissioner Caroline Crenshaw, labeling her a “failure” and calling for her removal from office. Armstrong’s remarks come as the Senate Banking Committee prepares to […]
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