DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme

The Department of Justice has indicted Aleksei Andriunin, founder and CEO of crypto financial services firm Gotbit, on charges of wire fraud and conspiracy to commit market manipulation. Andriunin, a Russian national... Read more »

Judge may call Craig Wright back to the UK so he cannnot ‘hide behind a keyboard from a closet in Thailand’

Craig Wright, who is not Satoshi, attended a court hearing today concerning a contempt application filed by the Cryptocurrency Open Patent Alliance (COPA). The judge scheduled the contempt hearing for Dec. 18,... Read more »

MakerDAO founder proposes strict deflationary tokenomics amid rebranding process

Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol’s governance token as the community prepares to vote on whether to revert its brand or not... Read more »

Asia emerges as new crypto developer powerhouse, leaving US behind

Asia has surpassed North America as the leading hub for crypto developers, according to a report from Electric Capital. Maria Shen, partner at Electric Capital, pointed out that Asia has steadily increased... Read more »

NYSE Arca seeks SEC approval for Grayscale’s crypto index ETF

NYSE Arca has filed an application with the SEC to list a Grayscale exchange-traded fund (ETF) featuring a diverse array of cryptocurrencies, marking a significant push to expand institutional access to digital... Read more »

Celestia’s token unlock could unleash $460 million selling pressure

Celestia’s native token, TIA, is set for a major move today as it undergoes a significant token unlock event that would add approximately 175 million tokens to its circulation—nearly doubling the existing... Read more »

Paxos CEO warns US risks losing financial leadership without crypto reform

In an open letter to Vice President Kamala Harris and former President Donald Trump, Paxos CEO and co-founder Charles Cascarilla warned that America’s financial leadership hinges on whether the next presidential administration... Read more »

Coinbase CEO urges next SEC chief to apologize for crypto crackdown

Coinbase CEO Brian Armstrong has called on the next Chair of the US Securities and Exchange Commission (SEC) to dismiss the agency’s “frivolous” cases against crypto firms and publicly apologize to the... Read more »

HKMA partners up with Brazilian central bank to test cross-border tokenization

The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under... Read more »

$27 billion crypto inflows in 2024, $901 million last week amid US political backdrop

Crypto investment products are experiencing one of their best months on record, with inflows hitting $901 million in the last week alone, according to CoinShares’ latest report. This month’s inflows now represent... Read more »
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