FinCEN Says It Now Receives 1,500 Crypto Complaints a Month

Mar 4, 2020 at 18:06 UTCUpdated Mar 4, 2020 at 18:21 UTCThe decision by India's Supreme Court to lift the central bank’s ban on cryptocurrency trading could soon translate into notable growth in trading volumes, according to cryptocurrency exchanges in the country. India’s Supreme Court on Wednesday quashed a Reserve Bank of India (RBI) order dated…

After a staggering crypto rally, primarily led by Bitcoin, it is fair to say that the approval of spot bitcoin U.S. ETFs in January approval was a game-changer. Since January 10, crypto’s total market cap has surged from $1.5 trillion to $2.4 trillion, a 60% increase. Nonetheless, crypto remains a nascent and niche asset class

NEWSINBRIEF The price of bitcoin fell below $4,000 for the first time today since September 27th of last year. At around 16:20 UTC Saturday, the world’s largest cryptocurrency by market capitalization sank to an average price across exchanges of $3,970.43, a figure 7.5 percent lower than the day’s opening price of $4,298.83, according to Coindesk’s…

News that Metaco, the Swiss digital assets custody firm acquired by Ripple earlier this year, is working with HSBC, one of the world's largest banks, quickly became a reason to be cheerful for many supporters of the U.S. fintech’s ledger protocol, known collectively as the “XRP army.”Named after the cryptocurrency designed to move liquidity around

Gemini agreed to pay $1.1 billion to its Earn customers when Genesis Global Capital, its former partner on Earn, wraps up its bankruptcy case.Genesis filed for bankruptcy in January 2023.Gemini has promised to return $1.1 billion to customers of its now-defunct Earn program after a settlement with the New York Department of Financial Services, NYDFS

The massive fraud perpetrated by Sam Bankman-Fried and his posse of insiders has cost the crypto industry an incalculable loss. There’s a numerical figure to attach here — $8 billion worth of customer funds was spent greasing the political wheel and on trifles like luxury real estate and Tom Brady’s endorsement. While the industry may

Jul 7, 2020 at 13:05 UTCUpdated Jul 7, 2020 at 13:27 UTCScreenshot of the MMM BSC homepage (CoinDesk)Weed Out the Soviet-Era Ponzi Scheme Eating EthereumLex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Fintech Blueprint newsletter. We have a beautiful Ethereum garden. In…

Cost is "more than I pay for Harvard lawyers," one commenter wrote.Based on early results of "temperature check" vote, opinions are pretty evenly divided. The episode offers a fresh example of how blockchain pioneers are struggling to iron out the nettlesome challenge of decentralized governance. In March, Arbitrum, the biggest layer-2 blockchain network atop Ethereum

Miners, investors, developers and more. That's a summary of the diverse set of ethereum stakeholders that will be in attendance at an upcoming developer call, according to Ethereum Foundation communication officer Hudson Jameson. Set to take place at 14:00 UTC Friday, the live-streamed meeting aims to address some of the platform's most challenging questions ahead of its…