Coinbase faces $50M penalty for AML non-compliance
Coinbase has been hit with a $50 million fine by regulators for violating anti-money laundering laws. In addition to the fine, Coinbase…
Coinbase has been hit with a $50 million fine by regulators for violating anti-money laundering laws. In addition to the fine, Coinbase…
Singapore-based decentralized finance (DeFi) firm Cake DeFi has released proof of its reserves using the Merkle tree method. The Merkle tree method,…
A judge has ruled that Celsius Network owns the $4.2 billion worth of cryptocurrency that was deposited by its customers. This allows…
The National Crime Agency (NCA) in the United Kingdom is seeking to hire a cryptocurrency investigator to join its National Cyber Crime…
The Chief Operating Officer of RTFKT, a crypto brand owned by Nike, had his NFT collection worth at least $175,000 stolen in…
Ripple CEO Brad Garlinghouse has expressed optimism that the United States will achieve “breakthrough” regulatory clarity for the cryptocurrency industry in 2023.…
The governor of Morocco’s central bank, Abdellatif Jouahiri, has announced that the country’s proposed legislation on cryptocurrency is complete and will soon…
The Securities Commission of The Bahamas (SCB) has issued a statement denying claims made by the representative of US-based crypto exchange FTX…
On December 31, Luke Dashjr, a Bitcoin developer and core developer, announced that someone had hacked into his PGP (Pretty Good Privacy)…
Australia has overtaken El Salvador to become the fourth largest hub for cryptocurrency ATMs, with a total of 219 active ATMs as…
Hardware manufacturer Compass Mining announced that it has won a $1.5 million verdict in a legal dispute with hosting provider Dynamics Mining.…
Central bank digital currencies (CBDCs) are digital tokens issued by central banks that function similarly to cryptocurrencies. They are typically backed by…