Andriunin was among 15 individuals and three companies charged in October as part of "Operation Token Mirrors," an investigation led by the Federal Bureau of Investigation (FBI) aimed at exposing fraudulent activities in the cryptocurrency market.
Among the affected ETFs, Fidelity’s FBTC recorded the largest outflow, with investors withdrawing $344 million. BlackRock’s IBIT followed with $164 million in outflows, while Grayscale’s GBTC saw a net outflow of $66 million.
Pundi AI has officially rebranded its token, marking a significant shift in its blockchain ecosystem. As of February 25, 2025,…
The scam, orchestrated through spoofed websites mimicking legitimate cryptocurrency exchanges, has links to Chirag Tomar, an Indian national currently serving a prison sentence in the United States for a similar fraud.
Active since around 2009, the group has transitioned from traditional espionage to large-scale cybercrime, primarily targeting financial institutions and cryptocurrency exchanges.
Starting February 18, 2025, BNB Chain is introducing the Meme Liquidity Support Program, a new initiative aimed at strengthening memecoins…
The VASP license in Bulgaria aligns with Bitget's strategic expansion across the European Union. The company is actively preparing for compliance with the EU's MiCA framework, which seeks to establish a unified regulatory environment for crypto assets throughout the region.
The appointment has been widely interpreted as potentially positive for the crypto market, with Quintenz's experience and digital asset friendliness adding validity to such expectations.
The market’s volatility has been fueled by a mix of bearish sentiment, macroeconomic pressure, and shifting investor strategies, painting a complex picture for the months ahead.
The bonus structure included mid-year and year-end payouts, with some top-performing employees receiving bonuses equivalent to 50 months of salary. Most employees were awarded bonuses ranging between four to eight months’ salary, aligning with Bitget’s commitment to rewarding staff for their role in the company’s success.
Here are five cryptocurrencies anticipated to list on major exchanges in 2025, based on their innovative concepts, strong presale performances,…
The roundtable will explore the legality of event contracts under the Commodity Exchange Act, potential regulatory adjustments, and consumer protection measures, the CFTC stated on Wednesday.
This repayment process, approved in October 2024 and effective from January 3, 2025, is part of FTX’s broader strategy to address its financial obligations following its collapse in November 2022.
MicroStrategy, the business intelligence firm turned Bitcoin treasury company, has temporarily halted its Bitcoin acquisitions after a 12-week streak of…
The review also coincides with the introduction of new tax policies targeting undisclosed crypto gains. Starting February 1, 2025, profits from crypto investments will be taxed under Section 158B of the Income Tax Act, typically reserved for assets like money, jewelry, and bullion.
Bitpanda announced it had secured its license from Germany’s Federal Financial Supervisory Authority (BaFin), while OKX and Crypto.com gained accreditation in Malta.
As part of this effort, the CFTC plans to engage with industry leaders, advocacy groups, and stakeholders over the coming months to gather insights and foster dialogue.
With this registration, Alchemy Pay can partner with local payment facilitators, delivering cost-effective crypto exchange services tailored to Australian users.
Stablecoins, crucial for liquidity in the crypto economy, have become a cornerstone of activity on Solana, enabling seamless trading in rapidly growing sectors like memecoins and decentralized finance (DeFi).
The move is seen as a strategy to reduce the company’s debt burden while encouraging noteholders to convert their holdings into equity. Noteholders have until February 24 to either redeem their securities at face value or opt for the conversion.
During an interview at the World Economic Forum in Davos, BlackRock CEO Larry Fink recently shared his views on Bitcoin’s…
The charges follow "Operation Token Mirrors," an FBI-led sting operation launched in October 2023 to identify fraudulent activities in the crypto industry.
This development follows a December 2024 agreement with the IMF, where El Salvador pledged to curb its Bitcoin policies in exchange for a $1.4 billion loan.
International collaboration played a crucial role in identifying the perpetrators. A joint statement issued on January 14 by the United States, South Korea, and Japan attributed the heist to North Korean hackers associated with the Democratic People’s Republic of Korea (DPRK).
