Former Coinbase product manager behind insider trading case sentenced to 24 months in prison
Ishan Wahi must surrender by June 21 to serve his sentence at the Fort Dix Federal Correctional Institution in New Jersey. Go to Source Powered by WPeMatico
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Bitcoin priced at Binance.US crypto exchange at $700 premium
The highest intraday price of Bitcoin on Binance.US reached as much as $28,600, while the intraday market price high amounted to $28,000. Go to Source Powered by WPeMatico
Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in liabilities. Go to Source Powered by WPeMatico
Study Reveals Top Countries Fueling Meme Coin Interest in 2023
In 2023, meme coins have maintained their popularity, and the recent surge of PEPE demonstrates that investors remain enthusiastic about meme-centered tokens. A fresh study from Coingecko reveals that a significant portion of meme coin fascination originates from the United States, India, and the U.K., encompassing over half of the top ten countries’ interest driving … Read more
Binance Reportedly Investigated in US for Russia Sanctions Violations
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S. Department … Read more
Prosecutor says Do Kwon’s extradition to South Korea would best serve Terraform Labs’ victims: Report
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities. Go to Source Powered by WPeMatico
White House to build international standards for DLT
The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector. Go to Source Powered by WPeMatico
Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default
As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury Department to mint platinum coins of any value. By delivering such a coin to the … Read more
Consensus 2023: Businesses show interest in Web3, despite U.S. regulatory challenges
Despite negative sentiment toward crypto adoption in the United States, Consensus 2023 attracted thousands of attendees to discuss the potential of blockchain technology and cryptocurrency. Go to Source Powered by WPeMatico
Robinhood returns to court to defend position in case brought by US state regulator
The Massachusetts Securities Division filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards. Go to Source Powered by WPeMatico