Court denies Kraken’s motion to dismiss SEC lawsuit

Four men have been arrested in Aichi Prefecture for allegedly running a fraudulent crypto scheme that drew in 20,000 Japanese investors and raised 6 billion yen. 442 Total views 6 Total shares Four men have reportedly been arrested in Japan's Aichi Prefecture for running an allegedly fraudulent crypto investment scheme that persuaded investors they could…

Ishan Wahi must surrender by June 21 to serve his sentence at the Fort Dix Federal Correctional Institution in New Jersey. 180 Total views 3 Total shares A federal judge has sentenced Ishan Wahi, the former product manager at Coinbase Global accused of insider trading, to 24 months in prison.In a May 9 hearing in…

Hardware cryptocurrency wallet manufacturer Ledger has secured 2.6 million euro ($2.9 million) from electronics giant Samsung, a company spokesperson told Cointelegraph on April 24.While the Ledger spokesperson confirmed the investment, no further details beyond the initial investment amount were provided.The news follows the appointment of Pascal Gauthier, the firm’s former president, as its new CEO.…

Coinseed also created an ERC-20 token whose message is targeted at New York Attorney General Letitia James. 2073 Total views 3 Total shares Coinseed, a crypto platform that enabled micro-investing in cryptocurrency assets for its users, has shut down its operations.Delgerdalai Davaasambuu, founder and CEO of Coinseed, announced the decision via a statement published on…

On the last day of June, the European Union reached an agreement on how to regulate the crypto-asset industry, giving the green light to Markets in Crypto-Assets (MiCA), the EU's main legislative proposal to oversee the industry in its 27 member countries. A day earlier, on June 29, lawmakers in the member states of the…

The receiving wallet address now holds more than 90,000 Bitcoin worth about $3.6 billion. 494 Total views 28 Total shares A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet on Tuesday, as detected by blockchain analytics bot Whale Alerts.20 transactions…

Leading mining Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new S17 miners in a press release shared with Cointelegraph.The two new mining ASICs, namely the S17e and the T17e, will both be launched on Sept. 9. The company claims that both the new models feature improvements, which should translate to higher efficiency, more…

A Ukrainian legislator has urged parliament during a speech on Monday, October 1 to review his alternative bill on cryptocurrencies that offers to freeze taxes for crypto traders up to 2030.MP Yuriy Derevyanko, a member of the anti-corruption Movement of New Forces founded back in 2017 by former Georgian politician Mikheil Saakashvili, introduced his version…

Risk assets have started the new year on a strong note. The S&P 500 (SPX) and the Nasdaq closed in the positive for the second successive week and also notched their best weekly performance since November. Bitcoin (BTC) led the recovery in the crypto markets with a sharp 21% rally last week. That sent the Bitcoin…