SEC Accused of Overreach in Kraken Case
Kraken, accused of operating as an unregistered national securities exchange, broker, and clearing house, vehemently disputes the claims.
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Bitcoin, Ethereum, Ripple Weekly Wrap: July 27, 2024
27/07 20:30
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Richard Teng – Singaporean Regulatory Whiz, Devoted Father and A Fitness Fanatics – Appointed as Binance's New CEO
Richard Teng, the newly appointed CEO of Binance, brings over three decades of financial and regulatory expertise, having served at MAS and ADGM. With a history of shaping Singapore's financial landscape and working closely with top government leaders, Teng is set to lead Binance through regulatory challenges and reshape its operational strategy.
JoyOpenAI Unveils ChatGPT Voice Feature: Have a Verbal Conversation with AI
OpenAI launches ChatGPT's voice feature amid internal turmoil, earning praise for its transformative impact.
Hui XinGenesis Global Capital Wants $689 Million From Gemini Trust, Takes Them to Court
The claim alleges that Gemini's preferential transfers of funds from Genesis unfairly disadvantaged other creditors, prompting a plea to the court for rectification.
BrianPrison-bound Hacker Orchestrates $1.2 Million Bitcoin Coup
Srikrishna Ramesh, known as Sriki, confined within a quarantine cell at Parappana Agrahara after his 2020 arrest. The notorious hacker allegedly orchestrated the movement of Bitcoins worth $1.2 million USD in just 22 minutes, triggering a Bitcoin scam that has left authorities scrambling.
AaronFormer Revolut Executives Launching Crypto Wallet "Zeal"
Revolut's former VP, Hannes Graah, launches Zeal in 2022, a Galaxy-backed digital wallet prioritizing security. Currently invite-only, Zeal plans an official Q1 launch, aiming to stand out with advanced security measures and free USDC stablecoin transfers. Backed by investors like Galaxy and Framework, Zeal, with a team from Revolut, Coinbase, and Spotify, emerges as a noteworthy player in the evolving digital wallet landscape.
JixuU.S. Justice Department Seizes $9M in USDT Linked to Elaborate 'Pig Butchering' Scam
In a groundbreaking operation, the U.S. Justice Department has successfully seized $9 million in USDT, Tether’s cryptocurrency pegged to the U.S. dollar. This move exposes a convoluted web of deceit, involving over 70 unsuspecting victims ensnared in what's known as "pig butchering" scams.
AaronJapanese Exchange Expands Crypto Lending to XRP and SHIB
BitTrade, a Japanese crypto exchange, broadens its lending program to include XRP and SHIB, offering users a 2% annual yield over 90 days, amid market buzz surrounding Shiba Inu's burn rate surge and XRP's projected "mega pump."
JasperCoinGecko Expands Reach with Zash Acquisition
The crypto data platform plans to integrate new endpoints into its crypto data API by Q2 2024, covering various aspects of NFT data across major platforms.
DavinGenesis Seeks $689M in Legal Tussle with Gemini for Recovery
Genesis pursues $689 million recovery in a legal clash with Gemini post-FTX collapse, sparking lawsuits and disputes over fund recovery and collateral use.
Hui Xin