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Forex and Crypto Investment Fraud Busted in Malaysia, Ten Arrested and Millions Seized

Malaysian authorities have dismantled a forex investment fraud and cryptocurrency syndicate that had been operating in the country.

, by Ruholamin Haqshanas

Investing in the Metaverse: Is It Worth It?

The concept of the Metaverse has gained significant attention in recent times, prompting many to consider its investment prospects.

, by Ruholamin Haqshanas

These Are 8 Biggest Crypto Funds According to a New Database

There are eight crypto funds with more than USD 250 million in assets under management (AUM), according to the newly-launched Dove Mountain Data, a live database of all funds deploying capital into crypto.This free, live database was created by Regan Bozman, Director Of Business Operations at...

, by Sead Fadilpašić

Nearly 40% of Institutional Investors Had Crypto Exposure in 2023, Survey Reveals

Nearly 40% of institutional investors had some exposure to crypto assets in 2023, a notable rise from the 31% recorded in 2021.

, by Ruholamin Haqshanas

FIT21 Bill Seen As Solution to US Crypto Exodus Concerns, Paving Way for Thriving Market

The Financial Innovation and Technology for the 21st Century Act’s (FIT21) approval on Wednesday would align the US with other nations in terms of its regulatory framework for crypto, according to Kyle Bligen, director of financial policy at the Chamber of Progress. Bligen told Cryptonews...

, by Shalini Nagarajan

Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme

Kansas-based now-failed Heartland Tri-State Bank’s former head has pled guilty on Thursday for embezzling $47.1 million for a series of “personal crypto purchases.” This led to the bank’s failure in July 2023, at a complete loss of equity for investors, the U.S....

, by Sujha Sundararajan

Spot Ether ETF Approval Proves ETH is Not a Security, Experts Say

The recent approval of spot Ethereum ETFs potentially confirms Ether's status as a non-security, according to industry experts.

, by Ruholamin Haqshanas

Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens

A U.S. district court has found crypto influencer Ian Balina guilty of violating U.S. securities laws. According to recent court filings, Judge David Alan Ezra ruled that Balina was guilty promoting and selling SPRK tokens without proper disclosure. the judge ruled that SPRK tokens met the...

, by Hongji Feng

Newly-Approved Spot Ether ETFs Could Start Trading by Mid-June: Analyst

Newly-approved spot Ethereum exchange-traded funds (ETFs) could potentially hit the market by mid-June, analyst says.

, by Ruholamin Haqshanas

US House Votes to Block Federal Reserve’s Digital Dollar Plans

The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress. This legislation, known as the CBDC Anti-Surveillance State Act (HR 5403), passed with a vote of 216...

, by Shalini Nagarajan

Breaking: SEC Grants Approval for Eight Ethereum ETFs in Landmark Decision

The SEC has given the green light to eight spot Ethereum ETFs, including applications from giants like BlackRock and Fidelity.

, by Trent Alan

Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria

Tigran Gambaryan, a detained executive of Binance, collapsed in court due to ill health during his ongoing money laundering trial in Nigeria.

, by Hassan Shittu

Dormant Dogecoin Whale Becomes Active Again After A Decade

A dormant Dogecoin (DOGE) whale with a wallet balance of 893,303 DOGE (about $145,101) became active on May 22 after over 10 years of inactivity. The account made a transaction for the first time since May 2014. The sudden resurgence has sparked fears about the impact of such a transaction on...

Coinbase Re-Introduces XRP Trading for New York Customers

Coinbase is reintroducing support for XRP in New York, allowing residents to buy and sell the cryptocurrency on its platform once again.

, by Hassan Shittu

Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy

Speculations regarding Bybit's potential hack or insolvency sparked, prompted CEO Ben Zhou personally to step in to refute these claims.

, by Hassan Shittu

Hong Kong SFC Considering Ether Staking for Ethereum ETFs

Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing the issuers of Ethereum ETFs to offer Ether staking.

, by Harvey Hunter

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