United States federal prosecutors have halted the bail of SafeMoon’s CEO Braden John Karony after they challenged the previous order citing a danger to the community and a potential flight risk.

Court Halts SafeMoon’s CEO Bail After Prosecutors Allege a “Danger to the Community”

Court filings show New York District Judge LaShann DeArcy Hall has paused Karony’s bail previously ordered by a Utah Magistrates the previous day. Judge Daphne Oberg, had initial...

10 months ago

South Korea has joined a group of 48 nations, calling for the promotion of an international framework for cryptocurrency reporting.

South Korea Joins Global Community for Crypto Asset Reporting Framework Push

In a significant move, South Korea confirmed its engagement on Friday to implement the international reporting framework on digital assets. The Crypto-Asset Reporting Framework (CARF) ...

10 months ago

The creator of BAYC and MAYC NFTs said that the UV-A emitting light installations at ApeFest likely caused eye pain and skin irritation.

Yuga Labs confirms cause of ApeFest attendees' eye issues

Yuga Labs, creator of Bored Ape Yacht Club, today confirmed the cause of the eye issues reported by attendees of its signature event last weekend — and said it is “committe...

10 months ago

Representatives of the company are answering questions from two divisions of the U.S. Securities and Exchange Commission in the wake of Grayscale's court win over the agency.

U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push

The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company's application to convert its trust product GBTC to a spot bitcoin ...

10 months ago

The Arbitrum Coalition will keep track of the effects of the staking mechanism for 12 months, providing quarterly updates and qualitative reporting to the community.

Arbitrum DAO Passes Proposal to Allow ARB Token Staking

The decentralized autonomous organization (DAO) of Ethereum-based layer-2 scaling solution Arbitrum has passed a proposal enabling users to stake the network’s native token, ARB, in exchan...

10 months ago

Blockpit acquired Accointing from Glassnode in a “multi-million-dollar” deal.

European crypto tax platform Blockpit acquires rival Accointing for 'multi-million' dollars

Blockpit, an Austria-based crypto tax software provider, made its second acquisition by buying out Accointing in a "multi-million-dollar" deal. Blockpit acquired Accointing f...

10 months ago

Cathie Wood Picks Bitcoin for 10-Year Investment Over Gold and Cash

Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade

Cathie Wood has reiterated her confidence in Bitcoin as the go-to asset as hedge against deflation over the next decade. Wood picked Bitcoin over traditional safe havens like gold or cash. ...

10 months ago

21 people were sentenced in a case involving converting 'dirty' USDT to RMB.

Crypto at the Center of $300M Fraud Case in China

A court in Tongliang, China – located near Chongqing – has sentenced 21 people for their role in transferring the proceeds of online fraud and illegal casinos denominated in Tether&n...

10 months ago

Bitcoin Social Volume Of Bearish Terms Has Surged Recently

Social Media Users Turn Bearish On Bitcoin, Rally Ahead?

Data shows the social media sentiment around Bitcoin has turned bearish, something that could be positive for the asset’s price. According to data from the on-chain analytics fir...

10 months ago

SEC To Greenlight Spot Bitcoin ETF November 2? Lawyer Spots Clue

Scott Johnsson, a notable attorney from Davis Polk, has shed light on a potential clue regarding the approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) on November...

10 months ago