South Korea crypto sector warns AML proposal goes too far: Report
In recent developments, crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap…
Bitcoin logs best monthly performance in 12 months during April
In recent developments, despite being the best-performing month in the past 12 months, Bitcoin still came in slightly below its historical average, according to CoinGlass data. Looking closer, market participants…
Crypto industry will be ‘just fine’ if CLARITY Act doesn’t pass: Chris …
In recent developments, the efforts of the SEC and CFTC chairmen indicate that the crypto industry will not suffer without the CLARITY Act, according to crypto executive Chris Perkins. Looking…
New York forces Uphold to pay $5M over fraudulent crypto investment scheme
In recent developments, new York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Looking closer,…
Capital B raises $1.3M from Adam Back for Bitcoin strategy
In recent developments, the Blockstream CEO subscribed to 10 million warrants as Capital B pushes ahead with its Bitcoin treasury strategy. The development has drawn attention from traders and analysts…
BTC price can ‘easily’ hit $95K: Five things to know in Bitcoin this week
In recent developments, bitcoin gained fresh bullish BTC price targets after hitting new three-month highs above $80,000. The development has drawn attention from traders and analysts who are evaluating potential…
US CISA adds ‘insane’ Linux Copy Fail flaw to watch list
In recent developments, malicious actors with code execution capability may gain root access on Linux systems using as few as 10 lines of Python, according to a researcher. Looking closer,…
Iran’s largest crypto exchange founded by sons of family tied to supreme le…
In recent developments, nobitex, Iran’s largest crypto exchange, was founded by brothers linked to the powerful Kharrazi family, which has ties to the country’s supreme leaders. Looking closer, market participants…
Americans distrust crypto, AI as industry super PACs flood midterms, poll finds
In recent developments, a new Politico poll finds most Americans distrust crypto and AI, raising questions about whether candidates backed by industry super PACs could face voter backlash. Looking closer,…
Bitcoin preps highest weekly close since January as BTC price nears $79K
In recent developments, bitcoin canceled out the week’s earlier losses to tease the highest weekly BTC price candle close since the end of January near $79,000. Looking closer, market participants…
