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Crypto personality pleads guilty to fraud after promising 60% 'fictitious' returns

The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a "fictitious" cryptocurrency” wallet after promising significant gains.

Changpeng Zhao teases writing project ahead of reporting to prison

On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing.

Ghana, Singapore conduct trade in semi-fungible token pilot project

Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing.

Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack

The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges.

Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more

This week’s Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton’s CEO betting on blockchain, Polymarket’s funding raise, and a leadership transition at dYdX.

Blockchain gaming investments reached nearly $1B in April

The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month.

Ethereum price rallies above $3.1K after unexpected regulatory victory

ETH price hit $3,100, backed by a favorable court ruling and increased network activity.

Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined

The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.

US Treasury strategy would tighten virtual asset regulations, increase AI use

The Treasury’s fight against illicit finance will focus on better regulations, greater enforcement and AI.

Price analysis 5/17: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB

Bitcoin price aims to break its range resistance and hit a new all-time high. Will altcoins follow?

Proton Mail exposing activist's info showed the limits of encryption

An April report revealed that Proton Mail assisted Spanish police with locating one of its users, leading to questions about its guarantees of privacy.

Tether mints another $1B — Last time, it helped Bitcoin climb to $73K

Bitcoin has flipped its old resistance into support as USDT’s market cap continues to grow rapidly in 2024.

Kraken considers dropping USDT in Europe ahead of new regulations

With new regulations in Europe set to enforce strict limits on transactions and reserve requirements, Kraken is assessing its stablecoin listings.

Crypto firms rally behind FIT21 bill approaching US House floor vote

Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule.

Dolce & Gabbana faces class-action lawsuit after alleged NFT delivery delay

The suit alleges that delays in delivery caused purchased NFTs to lose 97% of their value.

Bitcoin preps ‘golden cross,’ which last sparked 170% BTC price gains

Bitcoin is dishing out the bull signals on lower timeframes, but can BTC price action overcome key resistance?

Is onboarding too hard? Crypto adoption still faces major obstacles

Progress has been made in streamlining the Web3 onboarding process, but the flood of mainstream users has not yet arrived.

Binance-backed Magic Square IDO platform to democratize retail investor access

IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars.

How to trade crypto in the UK using Revolut X

Uncover the step-by-step process for moving fiat from the Revolut banking app into the Revolut X application and trading cryptocurrencies.

Sony warns 700 AI devs, music streaming companies on content misuse

Sony cracks down on AI developers like OpenAI and Microsoft with a letter that prohibits them from using its content to train or develop commercial AI systems.

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