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Cryptocurrency News

Location American Cryptocurrency News for 29 June 2024
Malicious Crypto Wallet App Submitted to Apple Store Leads to Fraud Charges The U.S. Department of Justice (DOJ) announced on Wednesday that Nikita Andreevich Sklyuev, also known as Valeriy Dorojkin, has been extradited from Ukraine and arraigned in Buffalo, NY, on charges of wire fraud and frau...
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Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024 Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decent...
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Court allows most SEC claims to proceed in Binance suit

Coin Telegraph - 29 Jun 2024 07:51
Court allows most SEC claims to proceed in Binance suit Judge Amy Berman Jackson however dismissed the SEC's claim that BNB is traded illegally on secondary markets, citing the Ripple decision.
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Bitcoin's price won't 'dramatically' increase from here, says billionaire Peter Thiel also believes that Bitcoin's original vision as a cypherpunk, crypto-anarchist, freedom tool hasn't been fulfilled.
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SEC Asks Court to Quash Coinbase Subpoena in Legal Clash Over Crypto Regulations The U.S. Securities and Exchange Commission (SEC) has asked the court to quash a subpoena issued by crypto exchange Coinbase that demands documents related to the crypto markets and personal communications of SEC Chair G...
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Spot Ether ETF Approval Expected to Enhance Crypto Asset's Legitimacy and Utility, Says Hedera Council President While lobbying is likely to play an important role in shaping crypto policy, just as it has done in the early days of most industries, Charles Adkins, President of the Hedera Council, believes showcasing the tangible ben...
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VanEck files for Solana ETF, Ether supply inflates, and more: Hodler's Digest, June 23-29 VanEck seeks approval for Solana ETF, ETH supply rises 73 days in a row, and Satoshi-era wallet moves Bitcoin.
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Firm Behind Pudgy Penguin NFTs Acquires Frame to Build Abstractchain for Consumer Crypto Igloo Inc., the team behind the Pudgy Penguins non-fungible tokens (NFTs) has announced the acquisition of Frame, aiming to enhance the consumer crypto experience by developing Abstractchain. This move is expected to add...
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Supreme Court's Chevron Ruling Seen as 'a Game Changer' for Crypto Industry The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards greater regulatory ...
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Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily val...
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Several Sleeping Bitcoin Wallets Reactivate After Years of Inactivity According to data, several longtime holders have recently reactivated wallets containing hundreds of bitcoins for the first time in years. One inactive address, created on April 1, 2013, transferred 126.65 BTC valued at ...
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Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends ...
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Sealana Sets July 2 Date for Airdrop, Last Chance to Invest Before DEX Launch The crypto community is buzzing as Sealana (SEAL) prepares for its July 2 airdrop and DEX listing. With the presale entering its final days, investors are scrambling for a last-minute chance to buy SEAL tokens before the...
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SEC's Case Against Binance Moves Forward With Major Allegations Intact The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregister...
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NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ether...
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'Secrecy of Crypto Usage' Drives Youth Cryptocurrency Adoption, Says Nigerian Regulator According to a Nigerian regulator, young people who are adopting cryptocurrencies are drawn to their secrecy, and many of them do not have bank accounts. However, the regulator also stated that the Securities and Exchang...
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FTC Warns: Social Media Investment Scams on the Rise The U.S. Federal Trade Commission (FTC) has warned consumers about a surge in social media investment scams, especially in cryptocurrency. These scams involve fraudulent messages claiming guaranteed high returns with lit...
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Dozens Killed in Riots as Kenya Revolts Against Tax Hikes, Calls for Presidential Resignation Dozens of citizens were killed in Kenya as a result of riots seeking to protest the possible signing of a bill that would approve tax hikes on daily services and items, such as internet and fuel, in a plan to raise an ad...
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U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.
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Yield App Suspends Operations Ahead of Liquidation

Bitcoin.com - 29 Jun 2024 04:45
Yield App Suspends Operations Ahead of Liquidation Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-b...
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Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted ...
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