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A father-son duo, residents of Maryland, have been sentenced for their involvement in a dark web drug trafficking and Bitcoin money laundering scheme. Joseph Farace, aged 72, was sentenced to…
More than 30% of blockchain games announced in 2023 have been reported as discontinued or canceled, as per the data provided by the Big Blockchain Game List. As of January…
In its recent report, the Commodity Futures Trading Commission (CFTC) underscored a fundamental issue within DeFi systems, pointing to the absence of clear lines of responsibility and accountability intentionally overlooked…
The US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF earlier this week, although in a slightly reluctant fashion. Now, speculations are starting to arise on when the…
Digital Currency Group (DCG) subsidiary – Genesis Global Trading – reached a settlement with the New York Department of Financial Services (NYDFS) on January 12th. Genesis will pay an $8…
Bitcoin plummeted 10% below $42,000 on Friday, triggering $338 million worth of crypto market liquidations. The collapse erased most of the asset’s progress over the past month leading up to…
Crypto firms faced substantial regulatory action, collectively paying nearly $6 billion in fines primarily due to Anti-Money Laundering (AML) violations and deficiencies in customer checks last year. This marks a…
The chairman of the Securities and Exchange Commission (SEC) has doubled down on his criticisms of Bitcoin (BTC) despite approving a slew of exchange-traded funds for the asset earlier this…
After a challenging decade of attempts, the US Securities and Exchange Commission (SEC) finally approved spot Bitcoin ETFs. These products enable retail customers and traditional financial institutions to access Bitcoin’s…
Proof-of-stake blockchain network Algorand appears to be in a rough season as on-chain metrics show that more than 80% of users holding its native token, ALGO, are in losses. According…