Trump’s proposed U.S. Crypto Reserve faces debate over feasibility and altcoin inclusion.

Bybit reported a $1.4 billion crypto theft but assured users of secure cold wallets and full asset backing.

Changpeng Zhao, founder of Binance, the world's largest Bitcoin and cryptocurrency exchange, has agreed to plead guilty to charges of money laundering, as revealed in recent court documents. Binance will also plead guilty and is set to pay fines and restitution totaling $4.3 billion.  Zhao will pay a $50 million fine and resign as CEO of the company. The agreement includes the appointment of a monitor for Binance, and Zhao is prohibited from any involvement in the company's operations for three

Alex Mashinsky, founder and ex-CEO of the now-bankrupt crypto lender, Celsius Network, was taken into custody and charged with fraud, as announced by a U.S. prosecutor in New York on July 13th. Additionally, three federal regulatory agencies launched lawsuits against both Mashinsky and his former company. Mashinsky is facing a total of seven criminal charges, including securities, commodities, and wire fraud. Similarly, former chief revenue officer of Celsius, Roni Cohen-Pavon, has been indicte

Coinbase, the largest cryptocurrency exchange in the U.S., is facing charges from the Securities and Exchange Commission (SEC) for operating as an unregistered national securities exchange, broker, and clearing agency.  The SEC further accuses Coinbase of failing to register its crypto asset staking-as-a-service program.  The complaint alleges that Coinbase has conducted the trading of substantial amounts of crypto asset securities without proper registration since 2019. According to the SEC,

The Securities and Exchange Commission (SEC) of the United States has filed a complaint against Binance, a cryptocurrency exchange, alleging that the company has violated federal securities laws. According to the complaint, the SEC claims that Binance, recognized as the largest cryptocurrency exchange platform in the world unlawfully solicited investors from the United States to engage in trading crypto asset securities on its platforms, namely Binance.com and Binance.US.  The allegations stat

The world’s largest cryptocurrency exchange by volume, Binance, and its CEO Changpeng Zhao have been sued by the Commodity Futures Trading Commission (CFTC) on charges that they promoted the sale of unregistered derivatives to users in the United States. Several alleged violations of CFTC regulations are made in the case and include: * “Offering, entering into, confirming the execution of, or otherwise dealing in, off-exchange commodity futures transactions.” * “Operating a facility for the

Following a liquidity crisis at FTX, CEO Sam Bankman-Fried announced that Binance will likely acquire FTX Exchange, pending due diligence. Bankman-Fried confirmed the agreement in a tweet this morning. https://twitter.com/SBF_FTX/status/1590012124864348160 Shortly after the announcement, Binance CEO Changpeng Zhao tweeted that FTX asked for help due to “a significant liquidity crunch.” Binance has signed a non-binding LOI with the intent of acquiring FTX.com. https://twitter.com/cz_bin