Crypto scam launderer pleads guilty to role in $73M scheme

The US Securities and Exchange Commision has rejected New York based firm Wilshire Phoenix’s Bitcoin Exchange Traded Fund (ETF) application, citing ongoing concerns over market manipulation and a lack of surveillance-sharing agreements.Commissioner Hester ‘Crypto Mom’ Peirce has publicly disagreed with the rejection.NYSE Arca had submitted a proposed rule change to allow the listing and trade…

Argentinian state public transport card SUBE (Sistema Único de Boleto Electrónico) can now be topped up using Bitcoin (BTC), Cointelegraph in Spanish reported Friday, Feb. 8.Alto Viaje, a platform for adding money to SUBE cards, has partnered with Bitex, which provides blockchain-driven financial services to businesses. As a result of the partnership, the SUBE card…

After solid growth to break above the $7,000 mark earlier today, Bitcoin (BTC) saw a loss of around $500 in six hours. At press time, all of the top ten cryptocurrencies other than Tether (USDT) are in the red, according to Coin360. Market visualization from Coin360 BTC is trading around $6,598 at press time, dropping…

Ethereum’s native token, Ether (ETH), plunged sharply hours after the United States Federal Reserve released the minutes of its December meeting, showing that it eyes a faster timetable for hiking interest rates in 2022.The minutes showed that the Federal Open Market Committee (FOMC) is in favor of raising short-term rates “sooner or at a faster pace than…

The initiative is focused on expanding credit and financing options for small- and medium-sized businesses in Latin America. 184 Total views 5 Total shares Crypto-focused enterprise payment platform Tribal Credit has partnered with Visa to expand credit and financing options for small- and medium-sized enterprises across Latin America, highlighting the growing synergies between traditional payment…

Long Blockchain Corp., previously named Long Island Iced Tea, has reached a definitive agreement to sell its beverage subsidiary, Long Island Brand Beverages.Lemonade company adds blockchain to its nameIn a Sept. 20 press release, Long Blockchain announced the sale of its beverage subsidiary to Canadian firm ECC2 Ventures. Andy Shape, CEO of Long Blockchain stated that…

The SEC’s enforcement division said it’s closing its investigation into Ethereum, though Consensys says the fight isn’t over yet.

Circle CEO Jeremy Allaire will attend the crypto power lunch alongside Berkshire Hathaway CEO Warren Buffett, Tron CEO Justin Sun and Litecoin creator Charlie Lee.On July 19, Allaire accepted Sun’s invitation on Twitter to join the much-anticipated $4.6 million lunch with the well-known Bitcoin (BTC) skeptic to discuss issues in crypto industry.In just three minutes…

This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.