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United States

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets
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13 May, 2023

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets

Joseph O’Connor, 23, is scheduled for sentencing by U.S. District Judge Jed S. Rakoff on June 23, 2023, staring at...
US taxman seeks $44 billion from what’s left of FTX/Alameda
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12 May, 2023

US taxman seeks $44 billion from what’s left of FTX/Alameda

The $44 billion claims sought by the IRS target the collapsed crypto empire of SBF, including entities such as West...
Congress discusses digital currency regulation: SEC vs CFTC, enforcement, and digital identity
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11 May, 2023

Congress discusses digital currency regulation: SEC vs CFTC, enforcement, and digital identity

The Joint Financial Services-Agriculture Subcommittee had a hearing discussing the future of digital asset regulation in the U.S. and, in...
Coinbase protests SEC custody proposal, loses customers’ ETH
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11 May, 2023

Coinbase protests SEC custody proposal, loses customers’ ETH

Coinbase filed an official protest of plans by the U.S. SEC to expand the Investment Advisers Act of 1940 custody...
Coinbase ex-product manager sentenced to 2 years in prison over insider trading
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11 May, 2023

Coinbase ex-product manager sentenced to 2 years in prison over insider trading

Ex-Coinbase product manager Ishan Wahi has been sentenced to two years in prison for insider trading he had committed while...
Argentina bans digital assets for banks after receiving ‘anti-Crypto’ IMF loan
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9 May, 2023

Argentina bans digital assets for banks after receiving ‘anti-Crypto’ IMF loan

The IMF issued a $45 billion loan in March, which came with the condition that Argentina had to discourage Crypto...
Bittrex files for Chapter 11 bankruptcy in the wake of SEC charges
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9 May, 2023

Bittrex files for Chapter 11 bankruptcy in the wake of SEC charges

The move comes only a month after the company announced it was winding down its U.S. operations, a few weeks...
Binance probed for helping Russia dodge economic sanctions
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9 May, 2023

Binance probed for helping Russia dodge economic sanctions

May is taking a bad turn on Binance as the exchange is under investigation for violating economic sanctions against Russia,...
North Carolina bans CBDCs with passage of new bill
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9 May, 2023

North Carolina bans CBDCs with passage of new bill

The new bill by Republican lawmakers argues that an attempt to introduce CBDCs aims at “surveilling Americans and controlling behavior...
Montana bill backing digital currency miners inked into law
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8 May, 2023

Montana bill backing digital currency miners inked into law

Digital currency miners in the State of Montana have been assured of their rights following the passing of the S.B....
Terraform Labs wants US lawsuit dismissed since LUNA/UST was developed overseas
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8 May, 2023

Terraform Labs wants US lawsuit dismissed since LUNA/UST was developed overseas

The lawsuit should be dropped as its protocols were developed overseas, according to Terraform Labs. It had been sued for...
BTC chokes as token trading rises: The ‘money of the future’ costs $10 to spend
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8 May, 2023

BTC chokes as token trading rises: The ‘money of the future’ costs $10 to spend

May 7, 2023, marked BTC history that transaction fees in a single block were higher than the miners' block reward...