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Legal Experts Explain Why Sam Bankman-Fried’s 25-Year Prison Sentence Is Fair

Former FTX customers are finally able to take a sigh of relief knowing that Sam Bankman-Fried has been sentenced to 25 years in prison. Manhattan Federal Judge Lewis Kaplan issued the 25-year sentence to Bankman-Fried, while prosecutors pegged the FTX saga to be one of the biggest financial...

, by Rachel Wolfson

Morgan Stanley Aims to Beat UBS as First Bank to Fully Approve Bitcoin ETF

Investment banks seeking to incorporate spot Bitcoin ETFs in the US are growing in number, with Morgan Stanley and UBS eyeing the top spot.

, by Hassan Shittu

Binance Nigeria Case Postponed Until April 19th Amidst Criminal Charges

The case against two Binance executives detained in the Nigeria crypto case has been postponed until April 19 - but why?

, by Julia Smith

Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing

The Bank of England and the UK’s FCA have commenced a consultation process regarding the draft guidance for their Digital Securities Sandbox.

, by Hassan Shittu

Best Crypto to Buy Today April 4 – Ethena, Bitcoin SV, Bitcoin Cash

With Bitcoin (BTC) eyeing a potential break back to the north of its 21DMA in the upper $67,000s as US stocks rise and the US dollar declines, investors looking for the best cryptocurrency to buy today are scouring the altcoin market for opportunities. Bitcoin is attempting to erase weekly...

, by Michael Davis

OneCoin Legal Exec Sentenced to 4 Years Over Multibillion Dollar Crypto Scheme

Irina Dilkinska, former atty of the infamous OneCoin cryptocurrency scam, was sentenced to 4 years in jail on Wednesday. Dilkinska pled guilty last year for her role in helping launder $4 billion crypto fraud scheme in 2019.The co-conspirator has become the latest to receive a prison term in the...

, by Sujha Sundararajan

Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop

The hacker responsible for the notorious $320 million Wormhole bridge exploit in 2022 was initially eligible for the recent W airdrop.

, by Hassan Shittu

Billionaire Steve Cohen’s Son Nudged Him Into Bitcoin, But He Keeps a Watchful Distance

Steve Cohen, the billionaire founder of Point72 Asset Management, allocated a modest portion of his portfolio to Bitcoin at the encouragement of his son. During a CNBC interview Wednesday, he recounted an instance where his son made him attempt a transaction on Coinbase out of his own strong...

, by Shalini Nagarajan

Crypto Market Maker GSR Wins Singapore’s Stringent License

Singapore regulators have granted a Major Payment Institution (MPI) license to crypto market maker GSR Markets, establishing the company as among the initial recipients of such authorization within its sector. MPIs are subject to stricter regulations regarding customer fund protection. The...

, by Shalini Nagarajan

Coinbase Uses Lightspark for Bitcoin Lightning Transactions

Coinbase Global has announced it will be using Lightspark to bring the Bitcoin Lightning Network to its network for faster and cheaper payment transfers.In an announcement, Lightspark said it is working with the Coinbase team on technical integration. Coinbase will be using Lightspark’s...

, by Tanzeel Akhtar

Iconic Australian Venue Now Accepts Crypto for Food and Drink Purchases

Adelaide Oval, a landmark South Australian sporting venue, now allows AFL patrons to purchase food and beverages using crypto. This marks the first instance of such a payment option being offered at a major national stadium. A collaborative effort between Crypto.com, the Adelaide Crows Football...

, by Shalini Nagarajan

Argentina Regulator: We Want to Work With Crypto Firms to Police Industry

Argentina’s top financial regulator says that it wants to “work together” with the nation’s crypto industry as it steps up its control over the sector. In an official government release, the National Securities Commission of Argentina (CNV) called its new registry of crypto...

, by Tim Alper

KuCoin Market Share Plunges By 50% Amid Legal Tussle With US Authorities

KuCoin's market share has recorded a significant decline, falling from about 6.5% to less than 3% due to massive outflows of funds. This is according to a Kaiko data report on April 2. The market share decline follows a back-to-back lawsuit filed against the US Department of Justice (DOJ) and...

, by Jimmy Aki

Nigerian Government Collaborates with Interpol to Extradite Fleeing Binance Chief

The Nigerian government and the International Criminal Police Organization (Interpol) have commenced a concerted plan to extradite Binance Chief Nadeem Anjarwalla who escaped from detention on March 22, 2024. This collaboration was reported by a local media outlet, The Punch, on April 3, as the...

, by Jimmy Aki

Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood

Bitcoin is becoming a valuable tool to escape high inflation in countries with less stable currencies, according to Ark Invest CEO Cathie Wood. Cathie Wood’s Bitcoin Thesis The investor – whose asset management firm is a long-time bull on AI and blockchain – argued that...

, by Andrew Throuvalas

Central Banks to Explore Tokenization of Cross-Border Payments With Project Agora

A consortium of central banks worldwide, led by the Bank for International Settlements (BIS), announced a new initiative, "Project Agora," to explore the potential of tokenization to enhance existing financial systems.The BIS, representing 63 central banks globally, is engaged in various projects...

, by Hassan Shittu

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