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Crypto
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform
The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a $60 million Ponzi scheme involving a crypto asset trading platform, it announced on…
Ether hits $2.6K as metrics suggest it’s in ‘late stages’ of correction
Rising Open Interest of Ether and a “positive” taker-buy sell ratio has a crypto analyst optimistic that Ether’s lengthy correction is nearing its end.
Liquidators for Three Arrows Capital Now Sue Terraform Labs for $1.3B: Bloomberg
This case alleges that TerraForm induced 3AC to purchase Luna and TerraUSD by manipulating the market for these tokens “in a manner that artificially inflated the price for the assets” before they were wiped-out, the liquidators said in…
UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded
The Law Commission’s final report urges the UK government to reclassify crypto assets, addressing current legal gaps.
Bitcoin (BTC) Drops to $66K Amid Silk Road Coins Movement. What Next for BTC Prices?
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of…
Mt. Gox sees $3.2B BTC in outflows in just two hours
In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves.
SEC Tells ETH ETF Issuers Fund Can Start Trading Tuesday: Source
SEC officials told one issuer that the regulator had no further comments on the recently submitted S-1s and that the final versions needed to be submitted by Wednesday, one of the source said, adding that the funds can subsequently be…
Dubai Customs launches blockchain platform amid smart city effort
Dubai Customs hopes the blockchain solution will facilitate tamper-proof data sharing, save time and effort and reduce voluminous paperwork for local supply chains.
Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator
"In early March 2023, Silvergate made a responsible decision to liquidate voluntarily and without government assistance. As of November 2023, all deposits had been repaid to banking customers and Silvergate ceased banking operations soon…
Alex Lab points to Lazarus Group after last month’s $4M exploit
After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group.