SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.
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Russian Parliament Considers Imposing Fines on Crypto Mining by End of June
Russia’s parliament, the State Duma, is considering imposing administrative responsibility for the mining of cryptocurrencies, local news outlet TASS reported on June 7.In an interview with TASS, Anatoly Aksakov, the chairman of the State Duma Committee on the Financial Market, said that the government may introduce administrative responsibility for digital currency mining by the end…

Gold hits new high as Bitcoin rallies to month high at above $64K
Gold gains more than 5% in a fortnight, reaching a record high driven by rate cuts and geopolitical tension.

Coinbase Reportedly Bans Personal Account of Social Media Platform Gab Founder
The personal Coinbase merchant account of Andrew Torba, social media platform Gab’s founder, has been terminated, the official Gab.com account tweeted on Jan. 4.As blockchain blog Breaker reported earlier, Gab’s business account on Coinbase was allegedly closed in December. The news source put forward that a possible reason why it is hard for Gab to…

Exclusive: Bithumb set to launch DeFi platform as a Polkadot Parachain
This one won't just be another instance of CeDeFi, the exchange reassures. 239 Total views 2 Total shares Bithumb, a major cryptocurrency exchange based in Korea, announced the upcoming launch of Clover, a blockchain platform targeted for decentralized finance and powered by Polkadot (DOT) technology.The company says that Clover will be an open platform for DeFi…

Here’s why Bitcoin traders say a drop to $38K is the worst case scenario
BTC’s drop to $42,230 sent a key sentiment indicator to an “extreme” low, but top traders are confident that a bounce off $38,000 would confirm the bottom. 1191 Total views 6 Total shares The fallout from the Federal Reserve's recent hawkish comments about raising interest rates as soon as March continued to weigh heavily on the…

Crypto lender Nexo wants to sue Bulgaria after office raids
Nexo platform has reportedly experienced massive outflows amid the news on office raids and an ongoing investigation against the firm. 282 Total views 16 Total shares Own this piece of history Collect this article as an NFTTroubled cryptocurrency firm Nexo is planning to sue the Bulgarian government in the aftermath of massive raids at the…

Crypto cross-border payments, explained
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ECB president Lagarde renews calls for global regulation of Bitcoin
In a recent interview, Lagarde said that Bitcoin has been used to conduct "funny business" and "totally reprehensible money laundering activity." 2210 Total views 25 Total shares The European Central Bank president Christine Lagarde has repeated her insistence that global regulators need to tighten the rules to ensure Bitcoin (BTC) falls under more coordinated oversight. In…