BTC-e founder pleads guilty in $9 billion laundering conspiracy

Cryptocurrency lending and borrowing platform Celsius Network has topped $300 million in coin deposits in the course of 12 months and completed over $2 billion in coin loan origination, according to a press release published on Aug. 1.“Fastest growing lending platform”Since July 2018, when the Celsius started lending operations, it has originated more than $2.2…

Swiss bank UBS’ Wealth Management Global Chief Economist and infamous Bitcoin skeptic Paul Donovan doubled down on his distrust of cryptocurrency Nov. 29, calling it “fundamentally flawed.”Speaking to CNBC’s Fast Money segment, Donovan, who earlier this week released an internal blog post titled “I come to bury Bitcoin, not to praise it,” repeated his criticism…

As Thailand’s leading crypto exchange remains suspended, billionaire backed rival Upbit enters the scene. 1248 Total views 8 Total shares Crypto exchange Upbit is entering the Thai market at a fortuitous time when the kingdom’s most popular exchange, Bitkub, remains suspended by government regulators.According to reports in local media, a joint-venture crypto exchange between Upbit…

The legislation, passed out of committee in July 2023, would clarify how the U.S. Commodity Futures Trading Commission and Securities and Exchange Commission handle crypto.

Ethereum (ETH) blockchain startup and incubator ConsenSys has participated in a $2 million seed funding round for Iceland-based blockchain startup Monerium, according to a press release from the firm, published Jan. 11. The startup counts the former chairman of Iceland’s central bank among its four founders.The funding round was reportedly led by Icelandic venture capital…

In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price would rally higher if an EFT was approved. Although investors no longer pin BTC’s future on the existence of an ETF, regulators could eventually…

Leading cryptocurrency exchange Binance announced major changes to the format of its Launchpad token sale in a post on its blog published on March 24.Per the announcement, the company “will use a new lottery format for the next project on Binance Launchpad.” Previously, the system functioned on a first come, first served basis, which left…

The Banking Committee of the United States Senate will hear testimony on Facebook’s Libra cryptocurrency project on July 16, economic news site MarketWatch reports on June 19.The social media giant released the white paper for its Libra token yesterday.  The stablecoin, will operate on a native eponymous blockchain, and will be backed by a basket…