Crypto exchange OKX has pleaded guilty and settled with the US Justice Department by paying more than $504 million for offering services to US-based clients without obtaining a money transmitter licence. The settlement was made with Seychelles-based
Bybit faced one of the largest security breaches in crypto history, but rather than standing alone, the exchange witnessed an extraordinary wave of industry-wide support. The exchange reportedly lost more than $1.4 billion in liquid-staked Ether (ETH
Dubai’s Virtual Assets Regulatory Authority (VARA) recently issued a consumer alert addressing the risks associated with advertisements promoting subscriptions to memecoins. This alert follows the recent partnership between the UAE Ministry of Energy
Dogecoin's price movements have been anything but stable, yet there is optimism the meme coin is primed for a major rally. Recent predictions place DOGE's next peak anywhere between $2.20 and $4, with influential traders highlighting the current rang
Cryptocurrency exchange Bitget has received regulatory approval to operate as a Virtual Asset Service Provider (VASP) in Bulgaria. The license permits the company to offer trading, custody, and other digital asset services as it prepares for broader
Cryptocurrency exchange Gemini, which recently selected Malta as its European hub, has received in-principle approval for an Investment Firm licence from the Malta Financial Services Authority (MFSA).A Pan-European Derivatives LicenceOnce the licence
Despite a booming cryptocurrency market surpassing $10.6 trillion in transaction volume, illicit crypto activity saw a notable decline in 2024. Estimated at $45 billion, the volume of illicit transactions fell 24% year-over-year, accounting for just
The cryptocurrency market remained relatively quiet over the past 24 hours, with most major digital assets showing minor losses or consolidation. However, Litecoin (LTC) stood out with a strong rally, gaining more than 10% and emerging as the best pe
The cryptocurrency market could see Bitcoin (BTC) price reach an unprecedented milestone of $1 million per coin by 2030, potentially matching gold's current market capitalization of $19.3 trillion, according to a bold prediction from a prominent tech
Since the US securities regulator approved spot Bitcoin ETFs, the funds have posted record performance in the recent past. Investor enthusiasm for such funds reached an unprecedented level, with net flows soaring more than 100%. According to a report
Kraken has announced the acquisition of a Markets in Financial Instruments Directive (MiFID) license in the EU. The license was obtained through the purchase of a Cypriot Investment Firm, recently approved by the Cyprus Securities and Exchange Commis
The crypto regulatory landscape in the US has shifted, and Kraken is seizing the moment. The crypto exchange reintroduced on-chain staking for American customers, marking a major comeback after regulatory pressure forced it to shut down staking servi
Crypto.com will delist Tether’s USD-pegged stablecoin, USDT, along with nine other tokens, to comply with the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, CoinTelegraph reported today (Wednesday).In addition to USDT, the nin
The Czech National Bank (CNB) is considering Bitcoin as part of its reserve diversification strategy, while China has reportedly sold a significant portion of its holdings. The CNB board is set to review the proposal at a meeting on January 30, accor
Binance is facing yet another regulatory storm in France. The country's authorities have now launched a criminal investigation against crypto exchange, alleging tax fraud, money laundering, and illegal operations tied to drug trafficking. According t
Major digital asset exchange KuCoin has admitted to operating without proper licenses and agreed to pay $297.4 million in penalties, marking one of the largest settlements in crypto enforcement history.KuCoin Pleads Guilty, Agress to Pay Almost $300M
Cryptocurrencies have transformed the financial landscape, captivating tech enthusiasts, investors, and regulators worldwide. However, as digital assets gain prominence, critical questions arise about the role of financial literacy and cognitive bias
Cryptocurrency exchange Bitget has emerged as the second-largest crypto exchange ecosystem globally, following a year that saw its user base expand by 400% to reach 100 million users, according to its 2024 transparency report released today (Thursday
Solana (SOL) hit a price resistance level and is currently on a retracement after benefiting from the Trump meme coin frenzy. Although the price is retracing, technical indicators show positive momentum. According to TradingView, SOL hit a resistance
2024 was indeed a banner year for the cryptocurrency market. Thanks to a multitude of positive trends, Bitcoin more than doubled in price. Many major and emerging altcoins experienced even higher levels of price appreciation.As 2025 begins, there may