The SEC’s chairman confirms that a spot Bitcoin ETF has not been approved, despite the commission’s X account claiming otherwise Chairman Gensler stated that the account was compromised, resulting in such a message being Tweeted BTC’s price slides to trade at the $45,000 level, resulting in the crypto community calling for an investigation into theContinue reading “Breaking: US SEC has NOT approved a spot Bitcoin ETF, X account compromised”

SEC Chairman took to X the second time within the past 24 hours to warn of the dangers of the crypto market The warning comes right when the market expects multiple spot Bitcoin ETFs to start trading by the end of this week US Securities and Exchanges (SEC) Chairman – Gary Gensler seems to beContinue reading “SEC Chair gives another warning as decision on spot Bitcoin ETF approaches”

Nine crypto exchanges will have their URLs blocked in India as per FIU IND directions The instructions come in place as the exchanges have not complied with the Prevention of Anti-Money Laundering rules The world’s largest exchange, Binance, comes under another regulator’s radar. This time, the exchange is not the only crypto entity to hitContinue reading “Binance, Kraken, and 7 other crypto exchanges URLs to be blocked in India”

Kucoin settles its case with NYAG and will be existing from New York state as part of the deal The lawsuit was the first regulatory action labelling Ethereum (ETH) as a security The case of New York Attorney General – Letitia James versus Kucoin has reportedly come to an end. According to Reuters, the cryptoContinue reading “Crypto exchange KuCoin reportedly settles lawsuit that labeled ETH as security”

Microstrategy’s overall Bitcoin holdings is worth over $6 billion in current market value, while the purchase cost averages at $5.28 billion.

CZ steps down from the Chairman position days after bidding goodbye to Binane.com This decision would bring down his role in the crypto exchange to that of an economic one Days after Changpeng Zhao aka CZ stepped down as the CEO of the world’s biggest exchange – Binance, another similar move has followed. In anContinue reading “Binance.US: CZ steps down as board chairman days after pleading guilty”

Binance gets a new CEO – Richard Teng with CZ vacating the post active immediately Binance will have to completely exit from US markets in a deal with FinCEN, but Binance.US unaffected The United States Department of Justice has finally made an official statement on the charges against the largest crypto exchange – Binance andContinue reading “US Government releases statement on Binance, while CZ bids goodbye”

CZ will be required to pay a fine of $50 million as part of the plea deal, which will absolve the CFTC’s charges Binance will have to pay a fine of over $4 billion and accept CZ’s resignation CZ is barred from acting as the CEO for a period of three years The plea dealContinue reading “Binance and CZ’s plea deal with US Government revealed in court filing”

In what could be the final chapter in the Binance-SEC episode, CEO CZ might be preparing to take the fall

The US DoJ is reportedly seeking billions of dollars to end its criminal case against Binance and its co-founder The criminal charges includes violations of sanction laws, bank fraud, and money laundering The United States has reportedly put a price on the criminal case against the largest crypto exchange – Binance and its co-founder –Continue reading “US DoJ: Over $4 billion to end criminal case against Binance”

The largest-ever USDT freeze was announced by the stablecoin issuer – Tether The freeze was connected to an international crime syndicate involved in pig butchering scam Crypto exchange – OKX and USDT issuer – Tether announced the freeze of 225 million in stolen USDT, making it the largest freeze in USDT’s history. In a blogContinue reading “Tether and OKX announce the largest-ever USDT freeze”

Blackrock’s spot Ethereum ETF plan sees development with an S1 filing The firm has chosen Coinbase Custody as the custodian for its spot ETF ETF Investment management giant – Blackrock’s spot Ethereum ETF application officially makes its way to the SEC’s desk. The firm has officially submitted its S-1 application for the spot Ethereum ETFContinue reading “Blackrock’s spot Ethereum (ETH) ETF application goes to the SEC”