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The Latest Breaking News from Cryptocurrency

FTX and Binance: how latest crypto scandals could influence public opinion on digital currency regulation

True believers in cryptocurrency have had a rough few weeks. The US government just fined Binance – the world’s largest crypto exchange – US$4.3 billion (£3.4 billion) for its involvement in money laundering.

The Conversation

Cristiano Ronaldo faces $1bn lawsuit for promoting NFTs

Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting the beleaguered cryptocurrency exchange Binance

The Independent UK

Cristiano Ronaldo faces $1B class-action lawsuit for promoting for Binance NFTs

Portuguese soccer star Cristiano Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance

The Independent UK

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Sinbad crypto mixer used by North Korean Lazarus Group seized by US government

The Sinbad cryptomixer has been taken offline, but will this stop Lazarus from laundering its funds?

TechRadar

Over 130 Hong Kong Citizens Lose HK$120 Million In Sophisticated Cryptocurrency Scam

Victims frustrated with delayed warning from regulator; lawmakers call for proactive measures.

Zenger

Terra Classic Soars 25% While Bitcoin, Ethereum Take A Backseat Amid Do Kwon’s Growing Legal Woes

Amidst the legal turmoil surrounding Terraform Labs and its founders, the cryptocurrency they created, Terra Classic (CRYPTO: LUNC) is blazing past Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH)

Zenger

Beware: North Korean Hackers Allegedly Have New Modus Operandi To Steal Your Crypto

Malicious actors pretended to be officials from South Korea's National Pension Service, National Health Insurance, National Tax Service and National Police Agency to send phishing emails to recipients.

International Business Times

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Beware of crypto grifters looking to crash the AI party

A prominent crypto founder offers a timely warning about those looking to hitch AI to the industry.

Fortune

Binance Founder Zhao’s Wealth Fluctuates Amid Resignation And $4.3B Settlement

Changpeng Zhao's fortune sees ups and downs as he steps down from Binance and faces hefty fines.

Zenger

Crypto Investments On Thanksgiving 2022: Winners And Losers

Thanksgiving reflections: Crypto investments since 2021 show mixed results

Zenger

Bitcoin’s Thanksgiving Surge: Crypto Leaders Express Gratitude For 18-Month Highs

Bitcoin's detachment from global stocks and positive regulatory developments fuel optimism in the cryptocurrency sector.

Zenger

Cryptocurrency PAC Aims To Boost Pro-Crypto Candidates In 2024 Election

Fairshake PAC, backed by Coinbase CEO, spends $1.2M on ads for crypto-friendly House candidates.

Zenger

World’s Largest Crypto Exchange Hit With Record Fine, CEO Resigns

Binance CEO fined $4.3B for AML violations, steps down

Zenger

CBI busts another call centre scam targeting foreigners

CBI busts fraudulent call centre module targeting foreigners, incl. US citizens. Searches at 24 locations in India yielded ₹2.20 crore, foreign currency, cryptocurrency accounts & property papers.

The Hindu

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The Independent UK

Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action

While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry

The Guardian - UK

Changpeng Zhao: another crypto king is dethroned by America’s courts

Weeks after the Bankman-Fried trial, the billionaire founder of the largest cryptocurrency exchange has been fined $50m and resigned

Zenger

Buy This Much DOGE Today And Afford A Tesla Model Y When The Crypto Reaches 25 Cents

The price of Dogecoin (CRYPTO: DOGE) recently passed 8 cents and hit new highs not seen since April

Zenger

Bitcoin’s Potential Journey Towards Oblivion Amid Rise Of Efficient Digital Currencies

Founder of Unicoin predicts Bitcoin's diminishing market share and emergence of superior alternatives

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Zenger

Cryptocurrency PAC Backed By Coinbase CEO Attempts To Help Crypto-Friendly Candidates Win In 2024 Election

Along with a presidential election, there are other races that will be decided by voters in the 2024 election

Al Jazeera

Binance crypto exchange founder to step down amid US illicit finance probe

US authorities say CEO Changpeng Zhao pleaded guilty to breaking anti-money laundering laws.

France 24

Binance CEO Zhao to step down, plead guilty to settle US investigation

The CEO of Binance, Changpeng Zhao, has pleaded guilty to criminal charges, and has stepped down from the world's largest cryptocurrency exchange. Binance will pay more than $4 billion to the US government and admit wrongdoing, after it was accused of operating as an unregistered securities exchange among other violations…

WEKU

CZ, founder of crypto giant Binance, pleads guilty to money laundering violations

Changpeng Zhao agreed to plead guilty to money laundering charges and step down from Binance as part of a sweeping settlement with the Department of Justice and top regulators.

The Guardian - UK

Medicine for Scrooge McDuck: Jarman award-winner Rehana Zaman on the recipe for her mind-bending art

She’s worked with cryptocurrency experts, herbalists and asylum seekers, splitting any funds with the people she films. Now the Yorkshire visionary has won one of art’s most influential gongs

The Independent UK

World’s largest cryptocurrency exchange to pay over $4 billion in agreement with US, AP source says

The world’s largest cryptocurrency exchange has agreed to pay more than $4 billion as part of an agreement with the U.S. government

Zenger

Crypto Lobbysists Spent Over $56M On Lobbying In 2023: Did It Make A Difference?

From 2019 through 2023, the cryptocurrency industry in the U.S. invested a total of $56.44 million in lobbying efforts

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