Senators press Biden administration on Iran crypto mining
Sens. Elizabeth Warren (D-Mass.) and Angus King (D-Maine) on Wednesday asked the Biden administration how to address Iran’s use of cryptocurrency mining to circumvent sanctions. We asked for information on whether the “Iran has raised millions of dollars through mining cryptocurrencies, a steady source of income that allows it to buy imported goods, move funds […]
Crypto forensics firm Elliptic using advances in AI to detect bitcoin money laundering – The Block
Technology • May 1, 2024, 9:16am EDT issued 1 minute ago upon Blockchain forensics firm Elliptic said it has made advances in the use of artificial intelligence to detect Bitcoin money laundering. The company said in a statement that it is using this advancement to enhance Elliptic’s detection tools and details that work in a […]
Bitcoin price wobbles ahead of Fed's rate decision – Crypto Briefing
Share this article Bitcoin (BTC) has fallen to $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve, with expectations that interest rates will remain unchanged. CME FedWatch Tools indicates Only 4.4% of economists expect interest rates to fall for the […]
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 […]