Bitcoin Sets New All-Time High of $24,667.63

news Binance, the world’s largest cryptocurrency exchange by trading volume, said it’s investigating the alleged leak of its customers’ verification information. The leak could affect up to 60,000 individual users who sent KYC information to the company in 2018 and 2019. This leak is said to be directly related to a hack that nabbed 7,000…

Identifying the ideal path to regulatory compliance for a stablecoin has been difficult. U.S. regulators have taken a much more active interest in the industry, though it is still not entirely clear what they will want stablecoins to be.U.S. Treasury Secretary Janet Yellen has warned about the risks stablecoins pose to the financial system and…

Crypto market rebound expected to be temporary, the bank said. JPMorgan said the bitcoin price was still too high relative to its production cost and versus gold. Bitcoin and gold are both expected to benefit from the higher likelihood of a Trump election win, the report said. Any rebound in cryptocurrency markets in the near

Taipei-based cryptocurrency trading and investment firm Kronos Research has opened doors for negotiations with a hacker who made off with $25 million of the firm's treasury early this month.In a message to the hacker, Kronos said, send back 90% of the stolen funds, and we'll drop this matter, Etherscan show.(Etherscan)Last week, the Taiwanese trading and

On or around April 19, the fourth Bitcoin halving will take place, cutting in half the rewards miners receive for solving a block on the Bitcoin blockchain. The halving event is programmed into Bitcoin's protocol every 210,000 blocks and occurs roughly every four years. It is designed to limit the digital asset’s total supply and

feature Say hello to the IFO. The cryptocurrency futures exchange CoinFLEX, backed by Polychain Capital and investor Roger Ver, will launch its first initial futures offering (IFO) this week. “This is the first time we’ve made a futures market for a coin that doesn’t actually exist yet,” CoinFLEX CEO Mark Lamb told CoinDesk. “It’s a…

The Australian Securities and Investments Commission (ASIC) said it closed down 615 cryptocurrency investment scams in the first year of a program to tackle fake investment websites. The closures comprise about 9% of the total 7,300 phishing and other investment scam websites the regulator said it identified in a Monday statement. Australians lost A$1.3 billion

Cryptocurrencies tumbled deeper into correction on Tuesday with bitcoin (BTC) dipping to near $66,000 as traders brace for Wednesday's key U.S. inflation report and Federal Reserve meeting.Bitcoin (BTC) started the day trading near $70,000 before hitting a three-week low price at $66,170 during the U.S. session. It slightly rebounded to near $66,500, but was still

The Financial Conduct Authority said more 87% of crypto registrations received in 2023-24 fell short of meeting approval standards. The FCA has been overseeing the crypto sector in the U.K. and registering firms under its anti-money laundering rules since 2020. The U.K.'s financial regulator said a full 87% of crypto companies that applied for licensing