Crypto companies paid $19B in settlements to US regulators in 2024
Since 2019, US regulators have collected a total of $31.92 billion in settlements from 25 crypto companies across various lawsuits.
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Bitcoin Hovers Over $5,250 as Top Cryptos See Growth
Thursday, April 18 — Most of the top 20 cryptocurrencies are reporting gains on the day by press time, as bitcoin (BTC) hovers over the $5,300 mark.Market visualization courtesy of Coin360Bitcoin is up almost 1% on the day, trading at $5,297 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is…
Shanghai’s Jing’an District issues blockchain-based discount coupons
Jing’an Culture and Tourism Bureau is issuing blockchain-based discount coupons using its WeChat mini-program. The Jing’an District of Shanghai has started offering blockchain-based discount coupons. Local news outlet Shine reported that the district will issue the coupons using one of WeChat’s mini-programs operated by the Jing’an Culture and Tourism Bureau. WeChat mini-programs are smaller sub-applications built within…
Coinbase Deposits for UK Users Now Take 10 Days, Must Be Over £1,000
United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16.Coinbase Suspends Faster Payments Deposits in U.K.Coinbase, which previously allowed U.K. users to deposit fiat funds via the country’s Faster Payments settlement system, has now suspended…
Bitcoin Will Get Stronger After Crisis, Says US Congressman Emmer
United States Representative Tom Emmer is confident about the bright future of Bitcoin and blockchain technology. The largest cryptocurrency, Bitcoin (BTC), is not going away once the ongoing financial crisis subsides, United States Representative Tom Emmer (R-MN) believes.A known industry advocate, Emmer says that Bitcoin will only be getting stronger after the world eventually emerges…
Risk of Dramatic Ether Sell-Off Grows With Longs at Record Highs
With anticipation growing for Ethereum’s long-awaited ETH 2.0 revamp, Ether long positions have gone parabolic on Bitfinex since February.But with short positions also growing, and co-founder Vitalik Buterin withdrawing last week’s confident prediction of a July launch, the bullishness has also increased the risk of a violent sell-off.Ether long positions go parabolicLong positions have been…
Indonesia’s Crypto Industry in 2021: A Kaleidoscope
In 2021, the number of global crypto holders has been estimated to have increased by 3.9% to more than 300 million crypto users worldwide, with more than 18,000 businesses already accepting cryptocurrencies as payment. India is currently in the lead with 100 million users, followed by the United States with 27 million users and Russia…
Circle Looks to Raise $100M for Its Equity Platform SeedInvest
Goldman Sachs-backed crypto startup Circle plans to deploy a $100 million venture capital fund for its equity crowdfunding platform SeedInvest.According to a recent job posting on LinkedIn, Circle is seeking the general partner that will be responsible for raising and managing the fund in partnership with SeedInvest's senior leadership team.The partner will be expected to…
House committee chairman threatens SEC chair with subpoena, but not over crypto
U.S. House Oversight and Accountability Committee chair James Comer thinks Genlser is stonewalling him. Crypto supporters know the feeling. 270 Total views 3 Total shares James Comer, chair of the United States House of Representatives Oversight and Accountability Committee, has threatened Securities and Exchange Commission (SEC) chair Gary Gensler with a subpoena. He wrote in