Binance mints 50M TrueUSD days after Paxos ordered to stop issuing BUSD
Just days after reports of US regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million in TrueUSD (TUSD). The...
Tagged: crypto
Revenues to fall by 46% in 2022 — chain analysis
Revenues from crypto-fraud were reduced by almost half in 2022, mainly due to falling prices of crypto-assets, but two types of fraud managed to remain immune....
Crypto price momentum falters as Bitcoin BTC price pulls back to $23.5K
Bitcoin rallied again on Thursday, and investors didn’t seem to have second thoughts about spiky inflation, Fed monetary policy and turmoil in the crypto industry. The...
Cryptocurrency is “crazy, stupid gambling”
Billionaire investor Charlie Munger is not a fan of cryptocurrency. The Berkshire Hathaway vice chairman called the form of virtual currency “worthless” during Wednesday’s annual shareholder...
SEC charges Do Kwon with fraud in connection with Terra collapse
Do Kwon, co-founder and CEO of Terraform Labs, at the company’s office in Seoul, South Korea, on April 14, 2022. Woohae Cho | Bloomberg | Getty...
Your freedom can be revoked.
Former FTX CEO Sam Bankman-Fried’s freedom was on the line during a court hearing Thursday as government lawyers and lawyers for the indicted crypto entrepreneur argued...
Robinhood Crypto trading volume increased by 95% in January
Robinhood’s cryptocurrency trading volume reached $3.7 billion last month, a 95% increase compared to December 2022. In contrast to the good start to the year, the...
Meet the creator of North Korea’s favorite crypto privacy service
But in the US criminal cases against blending service administrators, at least the Justice Department has argued that the services knowingly conspired with criminals. In the...
State joins $22.5 million settlement against crypto firm |
The Arkansas Securities Department recently issued a consent order against cryptocurrency platform Nexo Capital Inc. regarding unregistered offerings and sales of securities in the form of...
Can Crypto Mining Go Green?
bennymarty/iStock Crypto miners are rebranding. The notoriously energy-intensive industry says it can not only consume electricity responsibly, but also improve nation’s power system, writes POLITICO’s E&E...