May 11 (Reuters) – Binance.US and Changpeng Zhao, the crypto exchange’s founder and majority owner, have been exploring ways to reduce his stake in the company, the Information reported on…
Crypto needs a global view to build better regulatory models
The crypto industry is increasingly worried that U.S. regulators are clamping down too hard on the space. Predictably, that’s making companies in the space look outwards to regions that have…
$1.5M crypto scheme leads to 2-year prison term for ex-Coinbase manager
11 with Yesterday, a former Coinbase product manager, Ishan Wahi, was sentenced to two years in prison for running the first cryptocurrency insider trading scheme investigated by the United States…
FTX’s law firm is back in the cross-hairs as Bankman-Fried kicks off defense
May 9 (Reuters) – Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchanges law firm as he mounts his defense against a raft of fraud,…
Cryptoverse: Tether gets a lift from stability doubts
May 9 (Reuters) – Digital stablecoin tether is winning the race for the title of the crypto world’s “least risky” asset. As a regional U.S. banking crisis widens and a…
Indicted FTX founder Sam Bankman-Fried urges court to toss charges
NEW YORK, May 8 (Reuters) – Sam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday asked a U.S. judge to throw out criminal…
Mastercard PayPal and Robinhood dive deeper into crypto as industry shows ‘promise’
As the crypto market works its way through a downturn, more incoming money and users could help it weather the storm. But right now, its sometimes challenging for the layperson…
Crypto stocks drop after Binance halts bitcoin withdrawals for hours
May 8 (Reuters) – Shares of cryptocurrency- and blockchain-related companies fell in early trading hours on Monday after Binance halted its bitcoin withdrawals for several hours due to heavy volumes…
Binance pauses bitcoin withdrawals citing large volumes
May 7 (Reuters) – Cryptocurrency exchange Binance halted bitcoin withdrawals on Monday for the second time in a day, citing large volumes. “Our team is currently working on a fix…
Crypto giant Binance is reportedly facing US probe for violating Russian sanctions | Engadget
Binance is reportedly facing yet another investigation by the US Justice Department, and this time, it’s over possible violations against sanctions imposed against Russia. According to Bloomberg, the… [read more]