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The Latest Breaking News on Crypto

Binance founder faces possible three-year jail term over ‘wild west’ business model

Changpeng Zhao pleaded guilty to money laundering charges

The Guardian - UK

Stripe Snaps 6-Year Crypto Break, Announces USDC Stablecoin Support In Summer

Stripe has returned to the cryptocurrency space six years since it terminated support for Bitcoin payments, but this time, it is jumping back in through the expanding stablecoin market, starting off with the USDC.

International Business Times

SEC Expected To Reject Spot ETH ETFs After Discouraging Meetings With Applicants

The SEC is expected to reject spot Ether ETF applications next month, following recent meetings wherein the regulator's staff reportedly did not proactively engage with applicants.

International Business Times

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An Astonishing 75% Of People In Crypto Skeptic Nigeria 'Trust' Bitcoin: Survey

In a country that has singled out crypto exchange giant Binance in its industry crackdown, more than half of the people actually trust the top digital asset Bitcoin for their financial transactions, a new survey found.

International Business Times

Michael Saylor Calls Bitcoin A Cyberspace 'City,' But One User Notes 'Rent' Is High

MicroStrategy's Michael Saylor has once again stirred the Bitcoin community with his latest post stating that BTC is a city, but the statement has raised the topic of high "rent" that may have become too high for small Bitcoin holders post-halving.

International Business Times

Tether to freeze accounts following reports of Venezuelan oil company using USDT to evade sanctions

Nicolás Maduro failed in his attempt to have his own cryptocurrency to "overcome the financial blockade"

Latin Times

A Quick Primer on Decentralized Finance

What is DeFi, and how can it help financial services?

Kiplinger

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Bitcoin Will Pass $250K, Central Banks Will Jump In Before Next Halving: Bitwise CIO

Bitwise's Matt Hougan is very bullish about the path Bitcoin will take in the next four years, even with not much movement from the world's largest digital asset since its halving event.

International Business Times

Lawyers For Binance's CZ Decry US Prosecutors' Proposed 3-Year Sentence

Changpeng Zhao's legal team believes the proposal to hand Binance's former CEO a three-year sentence is too much, considering how he was only charged of AML compliance failure.

International Business Times

Michael Saylor Challenged To Prove Bitcoin Is 'Refreshing' By Pumping Price To $100K

Michael Saylor believes Bitcoin is refreshing, but some crypto users are increasingly becoming frustrated over the tech mogul's optimism, arguing that the digital asset's price has been down significantly from its $73,000 all-time high in March.

International Business Times

Spot BTC, ETH ETFs To Begin Trading In Hong Kong Next Week

Hong Kong's financial regulator has approved several spot Bitcoin and Ethereum ETFs, and the crypto community can't be more excited as they deem the move will only increase the adoption of digital assets around the world.

International Business Times

Tesla 'Hodls,' Retains Over $700M In Bitcoin During First Quarter

The crypto community on X was busy theorizing what Elon Musk would do with his BTC stash after it was revealed that Tesla didn't sell any of its Bitcoin during the first quarter of the year.

International Business Times

A Small Player is Poised To Disrupt Crypto Space With Novel Copy Trading Platform

0x0, a decentralized trading platform and exchange, is shining a light on an overlooked method for new and experienced traders to avoid financial loss.

International Business Times

FTC bans noncompete clauses

The U.S. Chamber of Commerce has suggested it plans to file a lawsuit over the change

Salon

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Salon

New tech risks health care price fixing

Khan is regarded as one of the most aggressive antitrust regulators in recent U.S. history

International Business Times

BlackRock's Spot Bitcoin ETF Hits New Milestone In Inflows Streak

BlackRock's IBIT is rocking the spot Bitcoin ETF show as it reached its 70th day of inflows since Jan. 12, tying its daily inflow streak with JETS and making it into the top 10 list of ETF daily inflow streaks since 2004.

International Business Times

Standard Chartered Doubts SEC Approval For Spot Ethereum ETFs In May

Like a growing number of financial experts, Standard Chartered is also losing hope the SEC will give a green light to spot Ethereum ETFs next month.

International Business Times

Hackers Leak Part Of Source Code Of El Salvador's Bitcoin Wallet

Hackers have leaked part of the source code of El Salvador's Bitcoin wallet that was launched in 2021 after sensitive personal information of over five million people were listed "for sale" in April last year.

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International Business Times

Bitcoin And Crypto Price Review - Another Myth Gets Busted?

Bitcoin enthusiasts always have myths to defend the digital currency and its peers. One of the myths held in the early days was that Bitcoin is a hedge against inflation, as it isn't subject to the manipulation of central governments.

International Business Times

Millions In 'Misplaced' Funds Stuck On Bridge Contracts, One Linked To Vitalik Buterin: Arkham

There are several millions in cryptocurrencies waiting to be claimed by their owners on bridge contracts, Arkham Intelligence revealed – one of the wallet owners is Ethereum co-founder Vitalik Buterin.

WEKU

U.S. bans noncompete agreements for nearly all jobs

The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from leaving their companies for competitors, or starting competing businesses of their own.

International Business Times

Bitcoin Advocate RFK Jr. Wants US Budget On Blockchain

RFK Jr. floated the idea of placing the U.S. budget on blockchain during a Michigan rally, which could allow tax-paying Americans to see where their money is being spent on.

International Business Times

Binance Executive Who Fled Nigerian Custody Has Been Arrested: Report

Binance's Nadeem Anjarwalla has reportedly been arrested in Kenya and will reportedly be extradited to Nigeria sometime this week following his "escape" from Nigerian custody.

International Business Times

Shiba Inu Raises $12M Via $TREAT Token For New Layer-3 Blockchain

Shiba Inu has raised millions through a new utility token that will power the ecosystem's new layer-3 blockchain that promises improved security and regulatory compliance.

WEKU

After 26,000 public comments, FTC to vote on rule banning noncompete agreements

The Federal Trade Commission will vote Tuesday on whether to issue a final rule banning noncompete agreements. The Biden administration has argued that noncompetes harm workers and stifle competition.

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