Grayscale executives and lawyers met with the SEC to discuss a rule change to list the Grayscale Bitcoin Trust (GBTC).

Grayscale met with SEC to discuss spot Bitcoin ETF details

Executives from crypto asset manager Grayscale have met with the Securities and Exchange Commission to discuss details of its flagship Bitcoin BTC $36,740 trust, which the firm wa...

9 months ago

The trial of Lee Sang-jun, the CEO of the crypto exchange Bithumb’s parent company, has begun in Seoul, South Korea.

Trial of Bithumb Operator’s CEO Begins

Lee (54), the CEO of Bithumb Holdings, is being tried alongside the former pro golfer and celebrity Ahn Seong-hyeon (42) on charges of “soliciting the listings” of unnamed altcoins.

9 months ago

Coinbase CEO, Brian Armstrong says the Binance settlement is a chance for the industry to prioritize compliance and rule clarity to prevent regulators from slamming huge fines on companies.

Coinbase CEO Sees Binance Settlement as Chance for Industry Renewal

Armstrong wrote on X (Twitter) shortly after Binance’s settlement with the Department of Justice (DOJ) was announced explaining the need for rule compliance and Coinbase roadmap ...

9 months ago

Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX.

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M

Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million, according to a court filing late on ...

9 months ago

The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools.

Blockchain Association files support in suit to lift Tornado Cash sanctions

The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury’s Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer ...

9 months ago

Validator service provider InfStones disagreed and told Cointelegraph that “nothing close to $1 billion in assets would be at risk,” even in the worst-case scenario.

Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto

Blockchain security firm dWallet Labs recently disclosed a vulnerability that it claims could affect up to $1 billion worth of crypto, with assets such as Ether ETH $2,015 Aptos&n...

9 months ago

Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks.

Bittrex Global to Halt All Trading in December as it Winds Down Operations

Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users will only be able...

9 months ago

Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

Betters on decentralized prediction platform Polymarket really aren't sure if Sam Altman will be coming back as OpenAI's chief executive amidst ongoing corporate drama. On Poly...

9 months ago

Chinese Police Bust Massive Crypto Money Laundering Gang

Chinese Police Bust $140 Million Crypto Money Laundering Ring

China’s law enforcement agency in Wuhan arrested 27 individuals involved in a sophisticated crypto money laundering and crime operation involving 1 billion yuan, approximately $140 million...

9 months ago

Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator.

US SEC sues Kraken crypto exchange over failure to register

The lawsuit in San Francisco federal court is the latest step in SEC Chair Gary Gensler's push to bring cryptocurrency under his agency's purview, by contending that digital assets are i...

9 months ago