The United States Commodity Futures Trading Commission (CFTC) has charged William Koo Ichioka for defrauding investors of tens of millions of dollars by claiming to be a digital asset and foreign exchange (forex) trader. According to an official statement, the CFTC filed a…
Leung Fung Yee, CEO of the Securities and Futures Commission of Hong Kong (SFC), believes that including virtual asset service providers in the regulatory system is necessary for embracing crypto innovation and building market trust. During an executive dinner in Bangkok, organized by…
The US SEC has approved the first leveraged Bitcoin futures ETF. The Volatility Shares 2x Bitcoin Strategy ETF will launch on the Chicago Board Options BZX on Tuesday, June 27. The US Securities and Exchange Commission (SEC) on Friday approved the first leveraged…
Sports betting firms and odds providers quickly caught wind of the planned fight between Elon Musk and Mark Zuckerberg. Within 48 hours, preliminary odds were released, causing excitement to escalate. Oddspedia gives Zuckerberg a 53% chance of winning, possibly due to his training…
FTX, a cryptocurrency exchange, is pursuing legal action to recover $700 million in funds that were allegedly misused by K5 Global Technology, SGN Albany Capital, Mount Olympus Capital, and the founders of K5 Global, Michael Kives and Bryan Baum. FTX lawyers claim that…
The Securities and Exchange Commission (SEC) named these cryptos as securities in its lawsuit against Binance and Coinbase on June 8. While this caused an initial sell-off, most of them have recovered since to pre-crash levels. On June 8, the SEC launched lawsuits…
It’s the worst-kept secret in cryptocurrency that Elon Musk is a known admirer of Dogecoin (DOGE). In fact, he’s made his belief in the $DOGE apparent more than once. It’s helped establish Dogecoin as one of the most well-known cryptocurrencies in the world.…
Crypto is facing a new threat as cybercriminals use AI technology to carry out scams and fraudulent activities. By mimicking human behavior, these malicious actors deceive individuals and corporations into revealing sensitive information or transferring funds. This integration of AI makes it hard…
Outspoken bitcoin maximalist Max Keiser has made a controversial allegation, branding Ripple as a “Ponzi scheme,” adding that the millions of dollars spent by its CEO, Brad Garlinghouse, have failed to rescue the blockchain company. Bitcoin supporter blasts Ripple, claims it is a “Ponzi scheme”…