Crypto News

Published: April 9, 2023   |   Last Updated: May 1, 2024
Found 593 Results
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May 28, 2024

Semler Scientific Adopts Bitcoin as Primary Reserve, Buys $40M in BTC

Semler Scientific, a leading provider of technology products and services to healthcare providers, has made a major announcement regarding its financial strategy. The company's board of directors has declared Bitcoin as its principal treasury reserve asset. The firm has signaled a strong belief in the cryptocurrency's potential as a reliable store of value. Key points:......

May 28, 2024

Mt. Gox Transfers 140,000 BTC, Triggering Bitcoin Price Drop

Wallets linked to the now-collapsed Bitcoin exchange Mt. Gox have transferred over 140,000 BTC. The coins, valued at approximately $9 billion, were moved to an unknown address. The transactions initially raised concerns and also triggered a Bitcoin price drop. Key points: Mt. Gox wallets transferred over 140,000 BTC to an unknown address in multiple transactions.......

May 24, 2024

Ethereum Foundation to Accelerate Formal Policy Addressing Potential Conflicts of Interest

The non-profit Ethereum Foundation is stepping up its efforts to create a formal policy that addresses potential conflicts of interest. This move comes in response to recent disclosures by two of its researchers, who revealed receiving "significant" EigenLayer token incentives. Key points: Ethereum Foundation Executive Director Aya Miyaguchi acknowledges the importance of the organization's credible......

May 24, 2024

Kabosu, the Iconic Shiba Inu Behind Dogecoin, Passes Away at 18

The cryptocurrency community is mourning the loss of Kabosu, the Shiba Inu, whose iconic meme became the face of Dogecoin (DOGE). Kabosu also inspired a generation of dog-themed meme coins. According to a blog post by Kabosu's owner, the cherished dog passed away peacefully on the morning of May 24, at an estimated age of......

May 22, 2024

WisdomTree Receives Approval for Bitcoin And Ethereum ETPs, Set to List on London Stock Exchange

WisdomTree, a global asset manager, has secured approval from the Financial Conduct Authority (FCA), which will enable the listing of its WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW) exchange-traded products (ETPs) on the London Stock Exchange (LSE). This development positions WisdomTree among the first issuers to have their crypto ETP prospectus approved by......

May 22, 2024

Coinbase, Meta, and Ripple Unite to Fight Pig Butchering Scams

Coinbase, Match Group (the parent company of Tinder and Hinge), Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organization have joined hands to establish a new coalition called Tech Against Scams. The coalition aims to tackle the growing number of online frauds and financial scams that target consumers across various industries.  Key points: Tech Against......

May 21, 2024

SEC Requests Updates to Nasdaq and CBOE Ethereum ETF Filings

According to Reuters, the U.S. Securities and Exchange Commission (SEC) has requested that Nasdaq and CBOE amend their applications to list spot Ethereum exchange-traded funds (ETFs). Key points: The SEC's request for updates to Nasdaq and CBOE filings signals potential approval of spot Ethereum ETFs. ETH price surged by as much as 22% in the......

May 17, 2024

Kraken Mulls Removal of Tether (USDT) Amidst New EU Regulations

Kraken is actively reviewing its plans to potentially remove support for Tether's USDT on its platform in the European Union (EU). According to Bloomberg, this move comes in response to the impending implementation of the Markets in Crypto-Assets (MiCA) regulatory framework, set to take effect in July. Key points: Kraken is considering dropping support for......

May 17, 2024

Binance Executive Denied Bail in Nigeria Amid Money Laundering Trial

A Nigerian court has denied the bail application of Tigran Gambaryan, a detained Binance executive. The court cited concerns that he may attempt to evade trial. The spokesperson for Gambaryan's family announced the decision on Friday, coinciding with the executive's 40th birthday. Key points: Tigran Gambaryan, Binance's Head of Compliance, has been detained in Nigeria......

May 16, 2024

India’s SEBI Recommends Multi-Regulator Approach for Crypto Oversight

The Securities and Exchange Board of India (SEBI) has recommended that multiple regulators should oversee various aspects of crypto trading in the country. This stance, revealed in documents seen by Reuters, marks the strongest indication to date that at least some Indian authorities are open to allowing the use of private virtual assets. Key points:......

May 16, 2024

Binance Develops Algorithm to Combat Address Poisoning Scams

Binance has taken a major step towards combating the growing threat of address poisoning scams by developing an innovative algorithm. The exchange's security team has created a unique method to identify and flag millions of poisoned crypto addresses. Key points: Binance's algorithm identified 13.4 million spoofed addresses on the BNB Smart Chain and 1.68 million......

May 16, 2024

Tornado Cash Developer Appeals Money Laundering Conviction

Alexey Pertsev, the Tornado Cash developer who was recently found guilty of money laundering by the s-Hertogenbosch court in the Netherlands, has filed an appeal against his conviction. The court spokesperson confirmed that Pertsev has submitted an appeal. However, it remains unclear whether the appeal has been approved at this stage. Key points: Alexey Pertsev......

May 15, 2024

Two Brothers Indicted for $25 Million Ethereum Blockchain Heist

Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York, have been indicted on charges of conspiracy to commit wire fraud and money laundering. According to the DOJ, the brothers allegedly orchestrated a scheme that exploited the integrity of the Ethereum blockchain to fraudulently obtain approximately $25 million worth of cryptocurrency in just......

May 15, 2024

North Korea Laundered $147.5 Million Via Tornado Cash: UN

United Nations sanctions monitors have revealed information about North Korea's illicit financial activities in a confidential report that Reuters saw on Tuesday. The report, submitted to a U.N. Security Council sanctions committee on Friday, details how the nation laundered $147.5 million through Tornado Cash in March. Key findings from the report: UN sanctions monitors investigated......