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NBA Superstar Jimmy Butler and YouTuber BitBoy Settle Binance Promotion Lawsuit for $340K
NBA player Jimmy Butler and crypto YouTuber Ben Armstrong 'BitBoy' have agreed to settle a class-action lawsuit that accused them of promoting Binance, a cryptocurrency exchange allegedly involved in selling unregistered securities. Butler and BitBoy Agree to Pay $340K The... -
Binance and Changpeng Zhao Face New Lawsuit Over Alleged Money Laundering
Binance, a major cryptocurrency exchange, and its former CEO, Changpeng Zhao (CZ), are facing a new class-action lawsuit. Three investors filed the lawsuit on August 16, 2024, in the U.S. District Court for the Western District of Washington in Seattle,... -
Binance Re-enters India Months After Ban, Faces $86 Million Tax Demand
Binance, one of the world's largest cryptocurrency exchanges, is back in India after months of ban. The return comes after Indian anti-money laundering (AML) agencies gave Binance the green light to resume operations. Binance Takes Decisive Steps to Reestablish Its... -
China Expands Anti-Money Laundering Law to Cover Crypto
China has taken a significant step in its regulatory landscape by revising its anti-money laundering (AML) law to include cryptocurrency transactions, aiming to close loopholes that previously allowed money laundering and terrorism financing through unregulated digital transactions. China Tightens Anti-Money... -
110,000 Ether Flowed Into Liquid Staking, Fueling Defi Growth
Over the past week, liquid staking platforms have seen a significant increase in Ether deposits. A total of 110,000 ETH, worth approximately $292 million, was funnelled into decentralized finance (DeFi) protocols, highlighting the growing interest in staking services. https://twitter.com/decilizer/status/1825486896618692844 Continue... -
50 Million US Crypto Owners Urged to Push Kamala Harris to Oust SEC Chair Before Election
Tyler Winklevoss, co-founder of the cryptocurrency exchange Gemini, has issued a call to action for the 50 million Americans who own cryptocurrency. In a bold move, he urged them to unite and pressure Vice President Kamala Harris to remove U.S.... -
75% of Bitcoin Held for Six Months, Showing Strong Holding Pattern
According to on-chain data, about 75% of all Bitcoin in circulation hasn't been moved in the last six months or longer, as Bitcoin hodling behaviour continues to rise. All About Bitcoin Hodling Trend. Glassnode's Hodl wave chart shows that three-fourths... -
S&P 500 Recovers Most of Recent Losses After the Best Week of 2024
US stocks have whipsawed in August. The S&P 500 which peaked in mid-July, entered into a correction territory in the first week of August amid the global market sell-off. However, it is now only 2% away from its record highs... -
Senator Chuck Schumer’s Pledge for Pro-Crypto Legislation Under Kamala Harris
Senate majority leader, Senator Chuck Schumer, has pledged to champion pro-crypto legislation should Vice President Kamala Harris be elected as the next President of the United States. The Intersection of Politics and Chuck Schumer Pro-Crypto Promise Amid Harris’s Presidential Campaign... -
China-Russia Trade Payment Crisis: Rising Reliance on Cryptocurrency and Barter
The financial ties between China and Russia, once solidly supported by traditional banking systems, are now under severe strain. In the wake of escalating geopolitical tensions and the looming threat of secondary sanctions, Chinese regional banks are increasingly reluctant to...
