Archive May 2024

Changpeng Zhao, founder of the crypto exchange Binance, narrowly avoided a heavy prison sentence despite prosecutors' severity.

The Securities and Exchange Commission (SEC) filed a motion with the court on Monday to oppose Ripple's request to dismiss the declaration of Adrea Fox, a summary witness for the SEC. According to the SEC, Ripple falsely claims that this declaration constitutes undisclosed expert testimony.

The former Bitcoin evangelist, Roger Ver, is facing serious allegations of tax fraud amounting to $50 million!

The member states of the European Union are preparing to implement MiCA. This historic law requires national regulators to authorize and supervise service providers. MiCA is an EU-level regulation. However, countries may implement different technical standards, which requires special attention.

Bitcoin is once again playing with the nerves of its followers and detractors, flirting dangerously with the symbolic $60,000 mark. This recent fluctuation represents more than just an isolated financial dance. Indeed, it sets off a series of chain reactions in the crypto market, painting performance charts a bright red.

The first Bitcoin and Ethereum spot ETFs in Hong Kong made a mixed debut on April 30. Despite modest volumes, experts see long-term potential for this promising new market.

Real-World Asset (RWA) tokenization protocols are experiencing explosive growth, with crypto TVL reaching $8 billion!

Bitcoin experienced a sharp drop Wednesday morning, reaching its lowest level since late February at $56,556. Analysts are citing several key factors behind this decline, casting doubt on a quick market recovery.