Binance Escapes $8 Million Lawsuit Over Tinder Pig Butchering Scam
Binance, the world’s largest crypto exchange, has successfully been exonerated from a lawsuit related to an online scam known as the “pig butchering” scheme, which...
Bitcoin (BTC) Volatility Decreases Amidst Liquidity Crunch
The volatility of Bitcoin (BTC) has experienced a significant decline, primarily due to a lack of new liquidity entering the market according to an independent...
Ethereum’s Co-Founder Vitalik Buterin Gives Serious Caution About Overloading Ethereum’s Consensus
Ethereum co-founder Vitalik Buterin has expressed concerns over extending the functionalities of Ethereum’s consensus mechanism beyond its fundamental roles via a May 21 blog post...
Hotbit Crypto Platform Advises Withdrawal as Closure Looms
The cryptocurrency platform and business, Hotbit, has announced its imminent closure as of May 22, citing numerous issues which have significantly impacted its operations according...
Coin Cafe Ordered by Court to Refund $4.3M to Customers
The Cryptocurrency exchange Coin Cafe has been directed to refund $4.3 million to its customers by the New York attorney general due to alleged excessive and...
Coinbase Launches Fee-Free Trading Service for Cryptocurrency Users
Coinbase, one of the leading cryptocurrency exchanges, is set to expand its services by launching a new subscription-based feature, “Coinbase One,” with zero trading fee...
Prosecutors in Montenegro Contest Do Kwon’s Bail Conditions
The Montenegrin Supreme Court is reconsidering the bail agreement for Terra Labs co-founder, Do Kwon, following an appeal from the State Prosecutor’s Office according to...
Stablecoin Issuer Tether Plans Monthly Bitcoin (BTC) Purchases
Tether, the issuer company of the world’s largest stablecoin, USDT, announced plans to purchase Bitcoin (BTC) using a portion of its net profits each month...
CoinShares Achieves Best Quarterly Earnings Since Q1 2022
CoinShares, a leading cryptocurrency investment firm, has announced its highest quarterly earnings since Q1 2022 according to a May 16 report. ...
Ripple Wins in Court as Judge Rejects SEC’s Request
United States District Judge Analisa Torres on May 16 ruled against a motion from the U.S. Securities and Exchange Commission (SEC) to seal records pertaining...