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Cryptocurrency News

Location American Cryptocurrency News for 1 June 2024
U.S. President Biden Vetoes Resolution Overturning SEC Guidance U.S President Joe Biden signed a veto of a House Joint Resolution that would have repealed the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121.
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Coinbase Challenges SEC's Rulemaking Process, Argues for Clear Regulations on Digital Assets Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset in...
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SEC Issues Investor Alert Highlighting 5 Common Crypto Scams The SEC's Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency po...
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Estonian Nationals Extradited to US for $575M Crypto Fraud Two Estonian nationals have been extradited from Estonia to the U.S. to face charges for their roles in “a massive multi-faceted cryptocurrency Ponzi scheme,” according to an announcement by the U.S. Department of Ju...
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Cathie Wood's Ark Invest Halts Spot Ethereum ETF Plans Cathie Wood's Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core ...
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Senate Urged to Pass Landmark Crypto Bill After Biden Vetoes Resolution to Overturn SEC Rules Following President Joe Biden’s veto of the resolution to overturn the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules in SAB 121, U.S. lawmakers in both the Senate and House of Representat...
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Ether ETFs expected in June, CZ leaves Binance France, and other news: Hodler's Digest, May 26 - June 1 Analysts predict ETH ETF's launch for June, Bitcoin dips as Mt. Gox wallets move, and Binance France changes ownership.
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Ripple CEO Says XRP, Solana, Cardano ETFs Are 'Inevitable' Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ...
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Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023 After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’...
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Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility Afte...
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6 questions for Goggles Guy who 'saved' crypto with question to Trump "The guy in the goggles" tells Cointelegraph about his single question to Trump that helped turn around crypto's fortunes in the U.S.
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Grayscale's GBTC and Vaneck's HODL Report Outflows as US Bitcoin ETFs Gain $50M On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling around $50 million. Leading the inflows once more was Blackrock’s IBIT, while Grayscale’s GBTC saw outflo...
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NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03% Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7...
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Bybit Affiliate Withdraws Hong Kong VASP Application Months After Regulator Issued License Warning The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on May 31, ...
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Report Shows No Evidence of Special Treatment for BTC Ponzi Scheme Mastermind in Brazilian Jail The Brazilian State Attorney General has dismissed allegations that Johann Steynberg, the late mastermind of a South African bitcoin ponzi scheme, was granted irregular access to a computer and the internet while in pris...
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Worldcoin Officially Launches in Colombia

Bitcoin.com - 1 Jun 2024 14:16
Worldcoin Officially Launches in Colombia Worldcoin, the iris-scanning biometric proof-of-personhood project, announced on Thursday the launch of its operations in Colombia. Via social media, the project reported that eye-scanning operations were already availab...
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Bitcoin just had its best May since 2019 despite 'predatory' 3% BTC price dip BTC price action sees manipulatory moves into the monthly close, with Bitcoin bulls unable to clinch a key resistance flip in time.
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Turkey Detains 127 Crypto Ponzi Scheme Co-Conspirators, Seizes Assets Worth Over $31 Million According to Turkish authorities, the country's law enforcement agencies have disrupted a criminal syndicate that lured unsuspecting residents into investing in a Ponzi scheme disguised as a cryptocurrency investment. Th...
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Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North Amer...
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President Biden Vetoes SEC SAB 121 Repeal Resolution U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides s...
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New York Tightens Customer Service Regulations for Crypto Companies The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data t...
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Penguiana Doubles Market Cap to Over $2.5 Million Ahead of GUIANA NFT Mint Penguiana, the distinctive penguin-themed meme coin on the Solana blockchain, continues to captivate the crypto community, achieving a new milestone by doubling its market cap to over $2.5 million according to Dexscreene...
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