Crypto exchange Gemini has agreed to pay $5 million to settle a case with the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made more than seven years ago about how easily the price of a Bitcoin futures contract could be manipulated. Cameron and Tyler Winklevoss’ trade settled without admitting or denying liability,…
The cryptocurrency market often thrives on unpredictability, and Fetch.ai’s FET token has become a beacon of intrigue in recent days. Amid the market turmoil, FET stood out, gaining 7.5% over the past 24 hours. With trading volume up over 92%, many traders and analysts are wondering: could FET achieve another 30% rally and reach the…
Authorities around the world appear to be stepping up efforts to combat cryptocurrency scams and AI-related fraud, as these threats continue to evolve and target unsuspecting victims. Recent cases in Vietnam, the United States and Hong Kong highlight the growing sophistication of these criminal activities and the global response to dismantle these operations. Notably, as…
Michael S. Barr, vice chairman of supervision at the Federal Reserve, announced today that he is resigning from this position. Barr will no longer hold this third position on the Board of Governors, but he intends to remain at the Fed until further notice. The industry widely views Barr as one of the main reasons…
Yat Siu has seen a lot in his decade of investing in crypto as a venture capitalist. Animoca Brands, a Hong Kong-based venture capital studio and game developer co-founded by Siu, has become one of the most powerful names in Web3 culture, with data provider CoinGecko setting the market capitalization of tokens issued by Animoca…
THE National Bank of Cambodia has published a first set of rules on digital assets that apply to banks and payment service providers. Banks may have exposure to tokenized assets and eligible stablecoins, but no first-party exposure to cryptocurrencies. Several Cambodian media outlets have stated that the ban on cryptocurrencies persists. Our interpretation of the…
Bitcoin continued its steady rise on Monday, trading just below the $100,000 mark. This key level has been a challenge for Bitcoin to breach over the past couple of weeks, keeping traders focused on its next move. At 10:50 am IST, Bitcoin was trading at $99,487, up 1.2%, with an intraday high of $99,560. Meanwhile,…
Imagine stopping for coffee and discovering that your favorite coffee shop now accepts crypto payments via SpacePay. Instead of juggling multiple apps or worrying about conversion rates, you simply scan a QR code with your regular crypto wallet and payment is made instantly. The platform removes common payment frustrations by connecting over 325 crypto wallets…
Coinbase, the largest cryptocurrency exchange in the United States, plans to offer tokenized shares of its COIN stock to domestic users through its Ethereum Layer-2 network, Base. The move could combine traditional stocks with blockchain technology, giving Coinbase a head start in financial innovation. Regulatory Clarity Key to Coinbase’s Tokenized Equity Rollout in the US…
Are you constantly looking for the next big breakthrough in crypto, and watching others achieve massive returns after humble beginnings? The digital currency market is full of potential, where each token promises to multiply a simple $1,000 investment into millions. These cryptocurrencies stand out not only for their presence on the market, but also…