Judge approves Binance £3.4bn guilty plea as US seeks to modify founder Zhao’s bond February 24, 2024 A US judge on Friday accepted Binance’s guilty plea and more than $4.3bn (£3.4bn) penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world’s largest cryptocurrency exchange. US district judge Richard Jones in Seattle approved the plea, which includes a $1.8bn (£1.4bn) criminal fine and $2.5 (£2bn) billion [...]
Coinbase is flying despite regulatory attacks February 19, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets In Coinbase’s latest advertisement, President Abraham Lincoln is depicted on a United States Cent asking to be ‘taken off this piece of scrap metal’ and to be [...]
As Markets rise, scaling wars are heating up February 15, 2024 This week one of the most anticipated projects that is at the forefront of zk technology, Starknet, announced their token launch and its distribution to the community via a so-called airdrop.
Bitcoin breaks $50,000 barrier after over two years February 13, 2024 Bitcoin has surged past the $50,000 mark, marking its highest level since 2021. This surge highlights a significant shift in investor interest, largely attributed to the introduction of mainstream bitcoin investment funds.
George Osborne joins Coinbase as crypto giant plots global expansion January 31, 2024 Former Chancellor George Osborne has joined Coinbase’s global advisory council, the firm announced today, as the multibillion-dollar cryptocurrency exchange eyes up international expansion.
Cryptocurrency chaos: Bitcoin’s wild ride on fake SEC greenlight for ETFs January 10, 2024 Cryptocurrency markets experienced a rollercoaster ride following a false announcement on the U.S. Securities and Exchange Commission's (SEC) official social media account, X.
Revolut to suspend crypto trading for UK business customers as City regulator prepares new rules December 18, 2023 Fintech Revolut is set to pause some of its cryptocurrency services in the UK to adjust to new marketing rules from the City regulator.
Cristiano Ronaldo’s $1bn Binance lawsuit is a warning to sports stars and celebrities December 2, 2023 Kim Kardashian settled out of court in a similar case involving a cryptocurrency.
Bim Afolami: What does the Square Mile make of their new City minister? November 22, 2023 City grandees have urged new minister Bim Afolami to work with them on developing “competitive” regulation and improving entrepreneurship across the Square Mile.
Binance boss steps down after pleading guilty to money laundering November 21, 2023 Binance and its chief executive, Changpeng Zhao, have agreed to plead guilty to criminal and civil charges as part of a settlement with the US Department of Justice (DOJ), according to a report.