The cryptocurrency conman will have to remain behind bars as his legal team fights for his release FTX cryptocurrency exchange founder and convicted felon Sam Bankman-Fried will remain behind bars after attempts to persuade a US appellate court that he should be released during his legal team’s appeals process have failed. The November 21 ruling
The cryptocurrency exchange will pay over $4 billion in fines and penalties in the US Changpeng Zhao, billionaire and the now-former CEO of the Binance cryptocurrency exchange, pleaded guilty on Tuesday to federal charges in the latest trial to restrain the often unchecked cryptocurrency industry. Binance has agreed to pay more than $4 billion in
Apple’s history of suppressing competition continues to cause it financial problems Apple is facing a class-action lawsuit from dissatisfied consumers claiming the tech giant exhibited anti-competitive conduct by conspiring to limit peer-to-peer (P2P) payment options on iOS devices while blocking cryptocurrency technology from its payment apps. The complaint was filed on November 17 in a
The cryptocurrency exchange is offering $10 million if the hacker returns the rest of the funds The cryptocurrency exchange Poloniex recently posted a recent message to the hacker liable for the theft of over $100 million in digital assets from one of its digital wallets. It said that it has pinpointed the person responsible and
Legislators want financial authorities to get ahead of the securities watchdog Several US Congress members have presented a memorandum insisting key financial authorities, including the Federal Deposit Insurance Commission (FDIC) Chair and the acting comptroller of the currency, to get involved with cryptocurrency oversight. The legislative members want the authorities to clarify that the US
The New York Department of Financial Services has changed its crypto listing and delisting rules Policies for companies listing and delisting cryptocurrencies in New York have been implemented to competently protect investors, according to the New York State Department of Financial Services (NYDFS), which disclosed new regulations on November 15. It requires crypto companies to
The exchange lost over $100 million to hackers but is trying to rebuild Cryptocurrency mogul Justin Sun’s Poloniex crypto exchange says it has nearly completed restoration measures and is readying the platform to continue operating after a $100 million hack forced it to shut down on November 10, according to an official statement released on
The cryptocurrency exchange was able to reverse a massive hack almost as it took place The Binance cryptocurrency exchange demonstrated extraordinary efficiency in protecting user assets during a recent situation. Binance CEO Changpeng Zhao (CZ) disclosed that the firm successfully froze most of the funds looted from its client executives. While on a business trip
The cyberattack may have led to the theft of US and Brazilian customers Vx-underground, a pseudonymous cybersecurity expert that spotlights vulnerabilities in digital currency operations, posted on X (formerly Twitter) that an anonymous group of hackers has reportedly been busy. It’s claiming that it has stolen information from the personal accounts of around 300,000 customers
The cryptocurrency asset reporting framework will change the crypto ecosystem Nearly 50 governments worldwide have jointly agreed to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international benchmark on automatic information exchanges between tax authorities, into their domestic law, according to a statement published on November 10. The Organization for Economic Cooperation and Development
Congressman Tom Emmer wants to defund the SEC’s crypto enforcement efforts US Congressman Tom Emmer has added an amendment to the House Republican spending bill to block the US Securities and Exchange Commission (SEC) from using government funds to pursue cryptocurrency enforcement until Congress decides who has jurisdiction. The amendment was attached on November 8
The IRS has more surveillance capabilities that will help it track crypto accounts The Internal Revenue Service (IRS) will move ahead with its bid to increase cryptocurrency surveillance, with a past report suggesting how the information could be used. The agency is prepared to keep tabs on Americans’ cryptocurrency usage via an anticipated 8 billion
Our Responsible Gambling program verifies that all players are of legal age and provides customizable self-exclusion tools for our tables, sportsbook, and casino.
Most Common