Crypto ransomware attacks rose in the first half of 2023, but scammers earned 77% less revenue compared to the same period in 2022, according to the Crypto Crime Mid-Year report by Chainalysis
Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities
The Federal Trade Commission (FTC) permanently banned bankrupt lender Celsius (CEL) Network “from offering, marketing, or promoting any product or service that could be used to deposit, exchange, invest, or withdraw any assets,” according to a July 13 statement. The regulator further stated that it agreed to a $4.7 billion fine with the bankrupt crypto […]
Binance Promotes Eleanor Hughes to the Position of General Counsel
Hughes with almost 15 years of expertise, has worked with Binance since November 2021. She will be in charge of 85 attorneys as part of her new position. After the departure of Han Ng, Binance hired Eleanor Hughes to fill the position of general counsel. Last week, not only Ng, but also the chief strategy […]
Ripple Wins as U.S Court Rules XRP Not a Security; Price Up 35%!!
Judge Torres agreed with Ripple Labs’ position that the XRP coin is not a security. The announcement caused the price of XRP to spike from $0.45 to $0.63. In a lawsuit brought up by the Securities and Exchange Commission (SEC) in 2020, Ripple Labs triumphed on July 13 in the United States District Court for […]
Former Celsius CEO Arrested and Sued by SEC After a Probe into the Company’s Collapse
Alex Mashinsky, the former CEO of bankrupt Celsius Network has been arrested. His arrest also follows a lawsuit filed against the firm following investigations into its collapse. In recent news, former Celsius Network CEO Alex Mashinsky has been arrested following a thorough investigation into the collapse of the company. As reported by Bloomberg citing people […]
Breaking: XRP Declared Not Security in the Ripple Vs SEC Lawsuit
The post Breaking: XRP Declared Not Security in the Ripple Vs SEC Lawsuit appeared first on Coinpedia Fintech News The Ripple Vs SEC lawsuit has been going on for over two years now and has created a lot of anticipation in the industry. Judge Analisa Torres’ recent ruling, deemed one of the most notable Summary […]
Feds Hit Former Celsius CEO Alex Mashinsky With Seven Criminal Charges
The brains behind bankrupt crypto lender Celsius have been hit with a number of serious criminal charges.
Sui, Dash, Tradecurve Price Forecast for July: Which Crypto Will 10X
Investors eagerly seek insights into price movements and potential opportunities as we enter a new month in the ever-evolving cryptocurrency market. Today, we will provide a price forecast for Sui, Dash, and Tradecurve, three cryptocurrencies that show promise for July. Summary Sui (SUI) Trading in the Green Sui is a Layer 1 blockchain and smart […]
Internet Computer ICP Price Prediction: Can ICP Crypto Reach $1000?
Many cryptocurrency advocates assert that the world is gradually moving into the Web 3.0 age, which will feature speedier transactions and an array of limitless technological possibilities. Working on the brand new crypto platforms that are supposed to revolutionize the Internet has already taken over the minds of a number of prominent developers. The Internet […]
BABYDOGE Quadrillion Burn to Reduce Supply: Bullish?
BABYDOGE started a quadrillion token burn poll. 99% of voting reports ‘yes burn them!’ as it remains in deflation. On a recent note, Baby Doge Coin (BABYDOGE) has crossed the crypto market with effective massive burns and transactions. The community keeps planning the demand and multiple dumps in the last few days. This is with […]