Cryptocurrency Market

  • Market Cap: $2,223,746,785,300.94
  • 24h Vol: $78,469,395,150.24
  • BTC Dominance: 55.96%
binance-sued-by-cftc-for-alleged-violations-of-trading-and-derivatives-rules

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, […]

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number-of-irretrievably-lost-btc-now-6-million-—-cane-island-manager

Number of Irretrievably Lost BTC Now 6 Million — Cane Island Manager

The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins that will be mined in the next 100 years or more, one million coins will be

Number of Irretrievably Lost BTC Now 6 Million — Cane Island Manager Read More »

a-look-at-the-fed’s-recent-custodia-bank-denial-and-the-central-bank’s-push-back-against-narrow-banking

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar deposited by customers. Although there

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us-seizes-18-crypto-atms-purchased-using-fraudulent-sba-loans-—-arrests-owner

US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner

U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to purchase bitcoin from a New York-based cryptocurrency exchange, said the U.S. Department of Justice (DOJ). Coindawg’s Crypto ATMs

US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner Read More »

us-lawmaker-introduces-bill-to-affirm-blockchain-developers-and-non-custodial-services-are-not-money-transmitters

US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters

A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. “The longer we delay providing this commonsense clarification, the greater risk that this transformative

US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters Read More »

arrested-bitzlato-exchange-founder-seeks-help-from-crypto-community

Arrested Bitzlato Exchange Founder Seeks Help From Crypto Community

The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the community. Anatoly Legkodymov was arrested in January for his role in the trading platform which allegedly processed millions of dollars’ worth of illicit funds. Bitzlato Founder Looking for Bail Guarantors in U.S.

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greenpeace-unveils-‘skull-of-satoshi’-to-spark-debate-over-bitcoin’s-environmental-impact;-creator-clarifies-it-‘wasn’t-meant-to-be-anti-bitcoin’

Greenpeace Unveils ‘Skull of Satoshi’ to Spark Debate Over Bitcoin’s Environmental Impact; Creator Clarifies It ‘Wasn’t Meant to Be Anti-Bitcoin’

Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materials and features smokestacks and Bitcoin logos. However, its creator, Benjamin Von Wong, explained it was not meant to be

Greenpeace Unveils ‘Skull of Satoshi’ to Spark Debate Over Bitcoin’s Environmental Impact; Creator Clarifies It ‘Wasn’t Meant to Be Anti-Bitcoin’ Read More »

report:-terra-co-founder-do-kwon-plans-to-appeal-detention-extension-after-arrest-in-montenegro

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims

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us-government-remains-a-top-bitcoin-holder-with-seized-stash-valued-at-$5.6-billion

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion Read More »

stablecoin-market-sees-fluctuations-with-some-coins-gaining-and-others-reducing-supply

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed.

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply Read More »