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The Latest Breaking News on Crypto

3 Groups File Competing Claims For Sam Bankman-Fried's $11B Forfeited Assets

Sam Bankman-Fried was ordered to forfeit $11 billion in assets after he was found guilty of fraud and other related charges late last year, and now three separate groups are claiming all or some of the assets linked to the collapse of the FTX crypto empire.

International Business Times

US Can 'Keep Up With China' Through Stablecoins: Former House Speaker Ryan

Former House Speaker Paul Ryan urged lawmakers to consider drawing up a regulatory framework for stablecoins, which he said could help the U.S. catch up with China's pace in adopting advanced financial technology.

International Business Times

Bitcoin Plunges To $65K, Other Coins Affected As BTC Starts Week Down

Bitcoin hasn't had a good weekend and it's starting the week on a decline as the digital asset's volatility has been making it struggle to keep the price above $66,000.

International Business Times

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Donald Trump Says 'A Lot' Of Crypto Industry's Future Will Be Built In Florida

Trump has been increasingly vocal of his support for the crypto sector in recent months, but he made it specific at a recent event, pinpointing the state of Florida as the place where "a lot" of activity in the sector will be seen once he returns to power.

International Business Times

Crypto Funding: Startups Rake In Over $100 Billion In 10 Years

Cryptocurrency startups continue to attract more investments as the latest data showed that funding in the startup sector has breached the $100 billion-mark within a span of 10 years.

International Business Times

Sam Bankman-Fried funded a group with racist ties. FTX wants its $5m back

The Guardian reveals FTX trustees, in charge after the CEO’s downfall, allege payments were made with looted funds

The Guardian - US

Did Fidelity Just Kill Commission-Free Trading?

Fidelity Investments made waves recently after introducing a $100 "surcharge" on certain ETF trades, but the firm has reached agreements with issuers to avoid service fees. Here's what to know.

Kiplinger

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Kamala Harris after supreme court ruling: ‘Weapons of war have no place on the streets of a civil society’ – live

The supreme court has ruled in favor of a challenge to a federal ban on gun ‘bump stock’ devices

The Guardian - US

Gensler Says Spot ETH ETFs May Launch This Summer, Behnam States Ether A Commodity

SEC chief Gensler on Thursday told senators that he believes spot ETH ETFs will be approved for trading sometime this summer, but he once again dodged questions about Ether's status as a commodity or a security.

International Business Times

Biting Off More Than It Can Chew: Senator Doubts CFTC Can Oversee Digital Commodities

Thursday's Senate Appropriations subcommittee hearing was on fire as CFTC Chair Rostin Behnam was questioned about the regulator's capability in overseeing the digital assets industry.

International Business Times

Ripple Blasts 'Disproportionate' SEC Case Fine, Cites Terraform Labs Settlement

Ripple argued that the fine the SEC seeks against it is "disproportionate," given the recent settlement with Terraform Labs, which was found to have been intentional in orchestrating a securities fraud.

International Business Times

MicroStrategy Resumes BTC Buying Spree With $500M Investor Offering Amid Increasing Competition

Competition among corporate holders of Bitcoin is heating up, and MicroStrategy, the world's largest publicly traded company with BTC holdings, is not letting others catch up fast as it announced another investor offering so it can buy more Bitcoins.

International Business Times

Ethereum Memecoin $MAGAA Team Marks Donald Trump's Birthday With 10 Million Token Airdrop

The $MAGAA memecoin launched with much support from the memecoin community, including some prominent names in the business world, including Donald Trump's son and Dan Bilzerian.

International Business Times

Weekly Must-Read: Logistics Is Getting Pricy in China, but Reform Will Be a Long Haul

Overreliance on trucking combined with a hard-to-reform railway system have left policymakers little room to maneuver

Caixin Global

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International Business Times

Helio Upgrades Solana Pay Plugin, Enabling Crypto Payments For Millions Of Shopify Merchants

Helio has updated the Solana Pay plugin for Shopify, setting the standard for enhanced e-commerce payments through the integration of improved Web3 features such as NFT airdrops.

International Business Times

Collapsed Terraform, Do Kwon Agree To Pay $4.5B To Settle SEC Case

Do Kwon, the founder of the crypto empire that shook the digital assets industry when it collapsed in 2022, will pay to settle a fraud case filed by the U.S. SEC in relation to the crash of the Terra and Luna stablecoins.

International Business Times

Bitcoin Whales Buy The Dip, Snapping Up Over 20,000 BTC

Bitcoin whales saw an opportunity to obtain more coins on Tuesday, when BTC prices plummeted to $66,000 amid negative news regarding spot Bitcoin ETFs.

International Business Times

US Elections 2024: Biden Campaign Reportedly In Talks To Accept Crypto Donations

U.S. President Joe Biden's re-election campaign has taken another step closer to the crypto industry as a new report revealed that the team is in discussions to accept donations from digital asset users through Coinbase Commerce – the same platform that facilitates crypto donations to ex-President Donald Trump's campaign.

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International Business Times

Bitcoin Miners Are Selling Their BTC Reserves Amid Halving Impact: CryptoQuant

Crypto miners, specifically those mining Bitcoin, are selling their BTC reserves, CryptoQuant revealed this week, and among the sellers is mining giant Marathon Digital.

Salon

Trump embraces Bitcoin on Truth Social

The currency, which has been tied to terrorism, earned the backing of Trump after a bill sought to rein in crypto

International Business Times

'Compliant Path Forward': Ripple Closes Deal To Acquire Standard Custody

Amid its ongoing legal battle with the SEC, Ripple has closed a deal to acquire another digital assets custody firm, Standard Custody & Trust Company.

International Business Times

Trump Wants All Remaining Bitcoin To Be US-Mined

After hosting some of the U.S. crypto mining industry's executives, ex-president Trump said all the remaining unmined Bitcoin should be mined by American miners as he moves to woo the digital assets space.

International Business Times

Bitcoin Slips To $66K Amid $200M US Spot BTC ETF Outflows

Bitcoin retreated Tuesday night after U.S. spot Bitcoin ETFs saw outflows of $200 million and no inflows, even for the ever popular BlackRock IBIT.

Caixin Global

Shanghai Composite Index Rose 0.31% on Wednesday

Shenzhen Component Index closed up 0.08%

International Business Times

Donald Trump Wallet's Memecoins Plunge Below $14M As $TROG Value Gets Wiped

The value of memecoins in a wallet linked to Donald Trump has plunged, wiping millions from the account that at one point hit over $33 million.

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