The U.S. government has long maintained a clear policy regarding cryptocurrency wallet developers and their users, categorizing them as non-money transmitters. However, recent developments have taken the industry by surprise. The Department of Justice (DOJ) is now pursuing criminal charges…
Changpeng Zhao, founder of Binance, seeks investments in AI-focused data centers
Changpeng Zhao, the visionary behind Binance, has set his sights on investing in data centers that specialize in artificial intelligence (AI). Despite facing potential legal ramifications for alleged involvement in money-laundering activities on his exchange, Zhao has been actively engaged…
Binance Labs Invests in MilkyWay to Boost Celestia Ecosystem
Binance Labs, the renowned venture capital and incubation arm of Binance, has recently made a significant investment in MilkyWay, a liquid staking protocol that operates within Celestia’s modular blockchain ecosystem. With its ambitious aim to become the leading provider of…
USDC Overtakes USDT in Transaction Volume Based on Visa Data
Circle Internet Financial’s stablecoin, USDC, has experienced a significant rise in transaction volume this year, surpassing Tether’s stablecoin, USDT, to become the market leader. According to data compiled by Visa Inc. in collaboration with Allium Labs, USDC’s growing dominance reflects…
Terraform Labs Seeks Penalty Reduction in SEC Fraud Case After $5.3 Billion Fine Proposal
Lawyers representing Terraform Labs and its co-founder, Do Kwon, have requested a reduced penalty following their clients’ recent conviction for fraud. They argue that a fine closer to $1 million is more appropriate than the $5.3 billion proposed by the…
Ethereum Could Outperform Bitcoin in the New Bull Run – Experts Predict $10,000 for ETH
Ethereum is coming from a bad period, with its price going below $3,000 due to Bitcoin’s price crash. Nevertheless, there’s optimism that ETH will bounce back and even go as much as outperforming Bitcoin. In this article, we will explore…
SEC and Gensler Viewed Ethererum as Unregistered Security for Over 12 Months
In recent developments surrounding the ongoing lawsuit between Consensys and the United States Securities and Exchange Commission (SEC), new information has come to light regarding the SEC’s stance on Ether. The lawsuit has shed light on the regulatory body’s belief…
Bitcoin Drops 14% in April Amid ETF and Regulatory Challenges – Bloomberg
Bitcoin, the original cryptocurrency, is experiencing its most challenging month since the collapse of Sam Bankman-Fried’s FTX empire. As the initial excitement surrounding US exchange-traded funds (ETFs) for the largest digital asset fades, Bitcoin has seen a sharp decline of…
Binance CEO Changpeng Zhao Gets 4 Months in Court Case
Changpeng Zhao, commonly known as CZ, the founder of Binance, one of the world’s leading cryptocurrency exchanges, appeared in court for sentencing on April 30. The Department of Justice (DOJ) prosecutors sought a three-year prison term, while the defense vehemently…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on…
