Binance fined $2.25M by India’s financial intelligence unit
India’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance Director and available company records.
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Why is Solana (SOL) price down today?
Solana price failed to break above an accumulation zone’s upper range, weakening buyers’ confidence.

TrustToken Partners With Binance to Enable In-Exchange TUSD Minting and Redeeming
TrustToken, the stablecoin operator behind usd-pegged token trueusd (TUSD), announced a partnership with major cryptocurrency exchange Binance in a press release shared with Cointelegraph on June 4.Per the release, as a result of the partnership, Binance users now will be able to buy TUSD for zero fees and redeem it for fiat currency.A TrustToken representative…

Bankrupt crypto firm Genesis completes restructuring
In a January open letter, Gemini co-founder Cameron Winklevoss accused entities related to Genesis of inflating their assets.

Bitcoin ATMs Face Tighter Regulations Over Money Laundering
The global regulatory landscape is tightening for crypto ATM operators. 2521 Total views 41 Total shares Experts predict that Bitcoin ATMs (BATMs) will face stricter regulations worldwide, with countries including Canada and Germany already moving to tighten up anti-money laundering requirements.A June 2 report from CipherTrace estimates that 74% of transactions made from U.S.-based Bitcoin…

‘You’d better buy some Bitcoin’ — BTC figures defy Canada gov’t as ETF assets hit record
BTC remains the best bet when it comes to avoiding Canada lawmakers' overreach, proponents argue. 304 Total views 26 Total shares Canada's war on Bitcoin (BTC) appears to be backfiring as the country's flagship exchange-traded fund (ETF) adds thousands of BTC.Data from on-chain monitoring resource Coinglass shows that over the two weeks to Feb. 24,…

McAfee Says NetWalker Ransomware Generated $25M Over 4 Months
The millionaire profits put NetWalker as one of the most profitable pieces of ransomware during 2020. Cybersecurity firm McAfee released a study showing the activities of NetWalker, a ransomware first known as Mailto that was initially discovered in August 2019.According to the report, the operators of NetWalker have collected over $25 million from ransom payments…

Future of money will be public-private effort, says ex-CFTC chairman
Will CBDCs disrupt stablecoins, or will they help each other? 940 Total views 13 Total shares The public and private sectors should work closely together to bring about the future of money, according to a former leader of the Commodity Futures Trading Commission.Chris Giancarlo, a former CFTC chairman and initiator of a blockchain-based digital dollar…

Is Blockstream’s Liquid Network an Attempt to Compete for Tokens with Ethereum?
At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items.While the game is developed by independent company Satoshi’s Games, Blockstream has sponsored the game by running a token giveaway. The announcement has garnered a considerable amount of criticism from Ethereum (ETH)…