Ex-Binance CEO Changpeng Zhao sentenced to 4 months prison for crypto crimes

Binance’s former chief executive Qiao Changpeng was sentenced to four months in prison on Tuesday after pleading guilty to violating U.S. money laundering laws at the world’s largest cryptocurrency exchange. The sentence was handed down by U.S. District Judge Richard Jones in Seattle, who requested a three-year prison sentence for Mr. Chao, 47, after prosecutors […]
Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut – CoinDesk

The virtual currency market as a whole has fallen, and so has Bitcoin. (Bitcoin) Hong Kong’s soon-to-be-launched crypto spot exchange-traded fund (ETF) has failed to generate excitement among investors, hovering around $63,000. BTC fell during the day from $64,000 at the weekend and briefly fell to $61,800, but recovered to nearly $63,000 by mid-afternoon US […]
Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead – NewsBTC

controversial reportForbes has announced a list of 20 “Crypto Billion Dollar Zombies.” layer 1 (L1) Token. The news outlet defines it as a crypto asset that has a significant valuation but has “limited uses other than speculative trading.” These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), Cardano (ADA), and […]
Sen. Warren challenger goes to bat for Coinbase, crypto industry in SEC lawsuit

FOX Business Senior Correspondent Charlie Gasparino and Massachusetts Senate candidate John Deaton join “The Claman Countdown” to discuss Coinbase’s filing of amicus briefs in its legal battle with the SEC. Massachusetts Senate candidate John Deaton isn’t letting his busy campaign stop him from fighting the Securities and Exchange Commission on behalf of the crypto industry. […]
SEC sued over Ethereum, crypto firm asks court to state token is not a security – Fortune

On Thursday, the bitter legal battle between the crypto industry and the Securities and Exchange Commission intensified as ConsenSys, a major backer of the Ethereum blockchain, filed a lawsuit against the agency in Texas federal court. The complaint seeks to avert an impending SEC lawsuit against the company over features of the popular MetaMask wallet, […]
Unlike Bitcoin ETF, Ethereum ETF Approval Chances Slim, Says Crypto Analyst, But 'People Are Underestimat – Benzinga

April 24, 2024 9:59 PM | 2 minute read | michael van de poppeThe prominent cryptocurrency analyst expressed doubts about the prospects for approval by exchange-traded funds (ETFs). Ethereum (Crypto: ETH). Additionally, he emphasized the resilience of the Ethereum ecosystem. what happened: Van de Poppe shared his thoughts on the possible approval of the Ethereum […]
Bankman-Fried Agrees to Help Sue Celebrity Crypto Promoters – PYMNTS.com

group of FTX Investors agreed to drop legal claims against Sam Bankman Freed. In return, the paper said, the disgraced former crypto exchange CEO will cooperate in an investor lawsuit against other defendants stemming from the FTX collapse, including It is said that this includes various celebrities who received compensation for the project. court documents […]
Shiba Inu Raises Alarm Over Malicious BONE Airdrop – The Crypto Basic

Shibarmy Scam Alerts issues an important warning regarding fake airdrops of BONE tokens targeting unsuspecting members of the Shiba Inu community. Scammers are relentlessly finding new ways to exploit unsuspecting investors looking for new opportunities to increase their crypto holdings. Lately, these malicious actors have been targeting Shiba Inu enthusiasts due to their relentless enthusiasm […]
Locked XRP in XRPL AMM Pools Surpass 2,100,000 As XRP Supply Shock Looms – The Crypto Basic

XRP locked in the XRPL AMM pool has surpassed the 2.1 million mark, sparking speculation that automated market maker functionality could contribute to an XRP supply shock. The XRP Ledger is evolving into a more resilient ecosystem with the integration of influential DeFi protocols. Of particular note is the newly implemented AMM feature, which has […]
Crypto Headlines Of The Week: Bitcoin, Binance, & Whales Spark Bustle – CoinGape

The world of cryptocurrencies concludes yet another week with high-profile events around the world. Amidst all these eye-catching events, Bitcoin, Binance, and the crypto whales seem to be making headlines across the broader crypto market. Here’s an overview of some of this week’s top headlines, including crypto-related chronicles from Bitcoin, Binance, and Whales. Topics before […]