The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency exchange Kraken, alleging that it violated registration provisions by unlawfully operating as a securities exchange, broker, dealer, and clearing agency.
AaronThe Pyth Network's PYTH token airdrop, initially reaching a market cap of $765 million before stabilizing at $457 million, marks a significant milestone, distributing over $77 million to early users while showcasing the dynamic nature of the crypto market.
JasperThis plan seeks to settle allegations of money laundering, bank fraud, and sanctions violations that have haunted Binance for years.
DavinTether and OKX freeze $225 million in USDT tokens associated with a Southeast Asian human trafficking syndicate, marking the largest-ever freeze in Tether's history, as a result of a joint operation with the U.S. Secret Service and the Department of Justice to combat criminal cryptocurrency use and showcase blockchain transparency as a deterrent against illegal activities.
JasperSteven Nerayoff, an early Ethereum advisor, vehemently denies fraud allegations made by Cryptoking on social media, prompting legal threats and counterclaims, while Nerayoff remains focused on advancing "Crypto 2.0."
JasperBinance, the global crypto giant, grapples with a potential $4 billion settlement amidst ongoing DOJ investigations.
Hui XinVideo game giant Ubisoft makes a bold move in the blockchain space, unveiling NFT avatars inspired by "Captain Laserhawk: A Blood Dragon Remix" within The Sandbox metaverse. This strategic step underscores Ubisoft's commitment to blockchain technology, solidifying its position as a key player in the innovative realm, as they continue to merge popular game characters with the expanding worlds of NFTs and the metaverse.
JixuVan Gogh-inspired NFTs fetch $2.5 million in Bitcoin, marking a cultural breakthrough. The sales, coinciding with Musée d’Orsay's Tezos blockchain initiative, reflect a growing interest in classical art NFTs. These transactions inject life into the NFT market, signaling its evolution and resilience.
JixuEx-Bithumb chairman Lee Jeong-hoon awaits an 8-year prison term decision on January 18, 2024, accused of deceiving BK Group's chairman in a Bithumb acquisition, involving a disputed BXA token listing and alleged embezzlement of 110 billion won ($70 million). The verdict may set a precedent in exchange governance disputes, impacting Bithumb's future and industry policies amid increased regulatory scrutiny.
JixuThough the potential damage, estimated at $170 million based on token prices during the breach, loomed, the Fantom Foundation noted the hacker's challenge in realising such value due to limited market liquidity for the FTM token.
Davin