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Immutable Hit with SEC Wells Notice for Alleged Securities Law Violations

Immutable announced that the US SEC is considering enforcement action for potential securities violations against the blockchain gaming firm. The company said in a Thursday statement that it received a Wells notice, accusing it of violating securities laws and making misleading statements....

, by Shalini Nagarajan

Crypto ‘Market Maker’ Gotbit Founder Faces Wire Fraud Charges

The US Department of Justice (DOJ) indicted the founder of crypto firm Gotbit over market manipulation and wire fraud. Aleksei Andriunin, a Russian national, was involved in “a wide-ranging conspiracy” to manipulate crypto markets on behalf of client companies. Between 2018 and 2024, Gotbit...

, by Sujha Sundararajan

Crypto.com Expands US Offerings with Watchdog Capital Acquisition

Crypto.com announced on October 31 that it was expanding its U.S. trading services through the acquisition of Watchdog Capital, LLC, an SEC-registered broker-dealer and member of FINRA and SIPC. This acquisition clears the way for the platform to offer equity trading, options, and other...

, by Hassan Shittu

SEC Crypto Defendants Spent $426 Million In Legal Defense Fees, Blockchain Association Reveals In New Report

Member companies of the Blockchain Association have spent $426 million on legal defense fighting the Gary Gensler-led SEC.

, by Julia Smith

Australian Police’s New Powers Yield $142K Crypto Seizure

Victoria Police have successfully seized cryptocurrency assets valued at $142,679 since August 2023 according to their annual report. This marks the first such confiscation since recent amendments to the state's Confiscation Act 1997. The new provisions empower Victoria's law enforcement with...

, by Hassan Shittu

Why is Bitcoin Up? Bitcoin Price Targets All-Time High with Strong Momentum

Discover why Bitcoin is surging as it nears an all-time high. Learn about key price targets, strong momentum, and what’s driving Bitcoin's bullish trend today.

, by Arslan Butt

Franklin Templeton Expands OnChain Fund to Layer-2 Base

Franklin Templeton’s $410M OnChain Fund is now on Coinbase’s layer-2 Base, blending blockchain tech with traditional finance assets.

, by Hongji Feng

Solana Hits Bullish Golden Cross – Is a SOL Price Surge Next?

Solana has dipped by 0.5% in the past 24 hours, with the SOL price moving to $174.94 as the cryptocurrency market corrects by 2% today. Despite this loss, SOL is up by 1% in a week and by 11% in a month, with the altcoin also sitting on a nice 375% increase in a year. Its gains over the past...

, by Simon Chandler

DOGE Sees Spike in Active Users and Price – Is the Bull Run Just Starting?

DOGE has risen by a very slight 0.1% in the past 24 hours, holding to $0.1702 as the wider cryptocurrency market suffers a 2% loss today. The meme token is now up 21% in a week and by 44% in a year, with its performance receiving a boost from Elon Musk's ties with Donald Trump's increasingly...

, by Simon Chandler

Crypto Losses in October 2024: 2nd Lowest YTD but 114% Higher Than Previous October

October 2024 saw the second-lowest loss year-to-date (YTD) but a 114% increase from October 2023, according to the latest report by major bug bounty and security services platform Immunefi. Over the past 30 days, the space lost $55,138,600 in hacks across seven incidents. Notably, per the...

, by Sead Fadilpašić

Polymarket Facing Rampant Wash Trading Claims in New Fortune Report

Polymarket is allegedly filled with wash trading, a form of market manipulation, a new Fortune report alleges. Here's the latest.

, by Julia Smith

Blockchain-Based Solar Firm Glow Raises $30M For Renewable Grid

Glow raises $30M to expand its blockchain-powered solar farms in the U.S. and India, supporting carbon-neutral energy projects and rewarding top performers.

, by Hongji Feng

Billionaire Saylor’s MicroStrategy Unveils $42B Plan to Buy More Bitcoin Over Next Three Years

MicroStrategy has announced plans to secure an additional $42 billion in funding over the next three years, with the sole purpose of buying more Bitcoin.

, by Ruholamin Haqshanas

Binance’s CZ Reflects on Prison Life, Says Human Connection Matters More Than Anything

Changpeng Zhao (CZ), made his first appearance on stage at Binance Blockchain Week event in Dubai on Thursday in front of a packed room to discuss his time in prison and future plans.

, by Tanzeel Akhtar

Shiba Inu Teases Binance – Could a New Listing Be on the Horizon?

Despite the promise of this interaction, traders don't seem willing to bite. The following 24 hours have seen just a 0.44% rise in the Shiba Inu price. This represents a turnaround from what has otherwise been a strong week for SHIB, up 5.98%. However, the month has yet to break even. While...

, by Harvey Hunter

Dutch Central Bank Fines Bybit €2.25 Million for Unlicensed Crypto Operations

On October 22, 2024, the Dutch Central Bank, De Nederlandsche Bank (DNB), imposed a €2.25 million fine on cryptocurrency exchange Bybit Fintech Limited for operating without proper registration in the Netherlands. The penalty was part of the DNB’s regulatory efforts to enforce anti-money...

, by Hassan Shittu

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