US gov’t points to Gary Wang’s ’outstanding cooperation’ in FTX case
Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to time served.
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Binance and CEO Chanpgeng Zhao asks court to dismiss SEC suit
Binance Holdings and its CEO Changpeng Zhao have filed a petition seeking to have the lawsuit made against them by the US Securities and Exchange Commission (SEC) dismissed. 300 Total views 1 Total shares Binance CEO Changpeng "CZ" Zhao have filed a petition requesting that the lawsuit made against him and his cryptocurrency exchange by

More than half of all Ethereum hasn’t moved in 12 months
Multi-year Ether accumulation has been growing in 2020 but things may soon change with the launch of staking. 1463 Total views 18 Total shares More than half of Ethereum’s circulating supply has not moved in more than a year, with only 39.6% of Ether (ETH) changing hands over the past 12 months.According to Glassnode’s ‘hodlwaves,’…

Fintech Startup SoFi to Roll Out Crypto Trading Via Partnership With Coinbase
Fintech startup SoFi — known for its online lending services — is partnering with major United States-based crypto exchange Coinbase to roll out crypto trading support, according to a CNBC report Feb. 26.Sofi, which is headquartered in San Francisco, will reportedly launch its crypto services by the second quarter of 2019. Sofi CEO Anthony Noto…

19-year-old Ukrainian politician reports crypto holdings of $24M in Monero
Ukrainian government officials are investing in cryptocurrency. 1668 Total views 16 Total shares A newly appointed official in Ukraine has officially declared his cryptocurrency holdings, including a significant amount of privacy-focused cryptocurrency Monero (XMR).Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported…

UK House of Lords passes bill to seize stolen crypto
During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes. 307 Total views 3 Total shares A bill that aims to expand the ability of authorities in the United Kindom to target illicit cryptocurrency usage has been pushed

Bitcoin Runes reclaim dominance over BTC transactions
Runes recovered to account for the lion’s share of transactions on the Bitcoin network.

ASIC’s Longo pledges action against certain ‘high-risk’ crypto products
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base. 137 Total views 4 Total shares Australia’s financial services and markets regulator has issued another glaring warning towards issuers of crypto-based financial products, particularly those inappropriately marketing high-risk products.Joe Longo,…

Tax guidelines for crypto mining pass the first reading in Kazakhstan
The gradual scale would impose the highest taxes on the cheapest electricity sources. 65 Total views 2 Total shares Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators. On Thursday, May 25, a lower…