US Government: Do Kwon’s Fraud Has Over 1 Million Victims
According to the US government’s prosecution team, Do Kwon, co-founder of Terraform Labs, may have potentially defrauded up to one million victims around the world through the collapse of the Terra ecosystem.
Read More
Gemini Reaches Agreement with CFTC
Gemini has agreed to a settlement of $5 million with the CFTC following a complaint regarding false and misleading information submitted while trying to establish the first US-licensed Bitcoin futures contract.
Read More
Coinbase Gets a Key European License
Coinbase has acquired the Cyprus unit of BUX, which has now been rebranded as Coinbase Financial Services Europe.
Read More
Japanese Firm Metaplanet to Increase BTC Reserves
Metaplanet has revealed plans to grow its Bitcoin treasury to 10,000 BTC by 2025.
Read More
KuCoin Rolls Out a New Crypto Payment Solution
KuCoin has recently launched KuCoin Pay, a payment platform that aims to assist merchants in accepting transactions using cryptocurrencies.
Read More
Binance Wins a License in Brazil
Binance has strengthened its position in Brazil after receiving regulatory approval to acquire Sim;paul, a licensed broker-dealer in the country.
Read More
US Spot Ethereum ETFs See $2.6B Inflows in December
In December 2024, net inflows for Ether exchange-traded funds (ETFs) totaled $2.6 billion, marking eight consecutive weeks of positive inflows.
Read More
China Implements Stricter Crypto Regulations
The Chinese State Administration of Foreign Exchange has introduced new regulations that require banks to identify and report high-risk transactions, specifically those associated with cryptocurrencies.
Read More