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Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto Fraud
Celsius founder Alex Mashinsky was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Federal prosecutors said Mashinsky, 59, misled customers about Celsius' safety, and artificially inflated the value of Celsius' proprietary token Cel.
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Bitcoin Price Surges Above $102,000 as Ether Crosses $2,000 Amid Ongoing Market Rally
The overall crypto market valuation rose by nearly five percent in the last 24 hours. Bitcoin and Ether, both registered notable gains on Friday, May 9. Ripple, Dogecoin and Solana, all registered profits on Friday. Litecoin and Protocol, however, saw losses.
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Bhutan Partners With Binance to Launch Crypto Payment System for Tourists
Bhutan has launched a crypto payment system to let users make crypto payments using Binance Pay. The aim is to incentivise tourists with cheaper alternatives to dodge currency exchange rates and limitations in the acceptability of international cards.
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US Banks Permitted to Offer Crypto Custody and Management Services, OCC Confirms
The US Office of the Comptroller of the Currency (OCC) has clarified that all national banks and federal savings associations under its control are permitted to offer crypto services to their clients. These may include crypto-to-fiat conversions, trade executions, and tax services among others.
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Binance’s Security Chief Jimmy Su on Crypto Security, Regulation and More
In conversation with Gadgets 360, Jimmy Su, the chief security officer of Binance, strongly suggested that crypto firms deploy a multi-layered defence strategy in order to ensure the safety of user funds. Su emphasised that global Web3 industry must prioritise collaborative efforts to combat crime risks.Â
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Bitcoin Surges Past $96,400 Ahead of FOMC Meeting, Altcoins Show Mixed Movement
The overall crypto market cap rose by 1.50 percent in the last 24 hours. Bitcoin and Ether saw small gains on Wednesday, May 7. Ripple, Chainlink, Avalanche logged minor profits. Tron and Polkadot, meanwhile, saw losses.
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UK Treasury Secretary Dismisses Creation of US-Like National Crypto Reserve
Emma Reynolds, the Economic Secretary of the Treasury, said that the UK was not looking to mirror the US in creating a national crypto stockpile. Reynolds did, however, say that the UK supported the US on increasing Web3-focussed collaborative efforts.Â
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Dubai's MBS Global Investments to Build $9 Billion Financial Hub in the Maldives: Report
Dubai-based MBS crypto exchange is set to allocate $8.8 billion (roughly Rs. 74,164 crore) over a period of five years to grow the Web3 ecosystem in Maldives. The creation of the "Maldives International Financial Centre" is the focus point of Maldives' crypto-related masterplan, Financial Times claimed in its report.
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Binance Partners With Kyrgyz Republic to Introduce Crypto Payments, Increase Web3 Awareness
The government of the Kyrgyz Republic signed a Memorandum of Understanding (MoU) with Binance on May 4 aiming at a long-term partnership. Sadyr Nurgozhoevich Japarov, the President of the land-locked central Asian country, was present for the MoU signing.
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Bitcoin Price Drops to $94,000 Ahead of US FOMC Meeting as Altcoin Momentum Slows
The overall crypto market dipped by 1.50 percent in the last 24 hours. On Monday, May 5, Bitcoin and Ether both registered small losses. Majority altcoins dropped in their prices as the Federal Open Market Committee (FOMC) gets set to assess US' economic status this week. Market is volatile and analysts advice caution to investors.
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At World's Largest Crypto Event, Loud DJ, Parade Of Lamborghinis, Pornstar
The world's largest crypto event, called Token2049, was held in Dubai at the Madinat Jumeriah Resort from April 30 to May 1.
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Bharat Web3 Association to Host Web3 Cybersecurity Workshop in Bengaluru on May 8
The Bharat Web3 Association has announced a cybersecurity workshop to be hosted in Bengaluru on May 8. Sridhar Govardhan, the chief information security officer (CISO) of CoinDCX has been invited to discuss the lessons that can be taken from recent breaches that dented the Web3 space. Other senior members from companies like CoinSwitch and Mudrex a...
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Bitcoin Price Crosses $96,000 for the First Time Since March, Ongoing Rally Boosts Altcoin Prices
The overall crypto market cap rose by nearly two percent in the last 24 hours. Bitcoin and Ether joined the rally on Friday. Cardano, Avalanche, and Chainlink also registered profits. Meanwhile, Tether and Monero recorded losses.
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$12 Billion Firm's Co-Founder Says Gen Z Employees "Makes Me Want To Pull My Hair Out" But...
Huang admits that integrating Gen Z talent like Noyes wasn't smooth at first.
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Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.
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Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto Fraud
Celsius founder Alex Mashinsky was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Federal prosecutors said Mashinsky, 59, misled customers about Celsius' safety, and artificially inflated the value of Celsius' proprietary token Cel.
-
Bitcoin Price Surges Above $102,000 as Ether Crosses $2,000 Amid Ongoing Market Rally
The overall crypto market valuation rose by nearly five percent in the last 24 hours. Bitcoin and Ether, both registered notable gains on Friday, May 9. Ripple, Dogecoin and Solana, all registered profits on Friday. Litecoin and Protocol, however, saw losses.
-
Bhutan Partners With Binance to Launch Crypto Payment System for Tourists
Bhutan has launched a crypto payment system to let users make crypto payments using Binance Pay. The aim is to incentivise tourists with cheaper alternatives to dodge currency exchange rates and limitations in the acceptability of international cards.
-
US Banks Permitted to Offer Crypto Custody and Management Services, OCC Confirms
The US Office of the Comptroller of the Currency (OCC) has clarified that all national banks and federal savings associations under its control are permitted to offer crypto services to their clients. These may include crypto-to-fiat conversions, trade executions, and tax services among others.
-
Binance’s Security Chief Jimmy Su on Crypto Security, Regulation and More
In conversation with Gadgets 360, Jimmy Su, the chief security officer of Binance, strongly suggested that crypto firms deploy a multi-layered defence strategy in order to ensure the safety of user funds. Su emphasised that global Web3 industry must prioritise collaborative efforts to combat crime risks.Â
-
Bitcoin Surges Past $96,400 Ahead of FOMC Meeting, Altcoins Show Mixed Movement
The overall crypto market cap rose by 1.50 percent in the last 24 hours. Bitcoin and Ether saw small gains on Wednesday, May 7. Ripple, Chainlink, Avalanche logged minor profits. Tron and Polkadot, meanwhile, saw losses.
-
UK Treasury Secretary Dismisses Creation of US-Like National Crypto Reserve
Emma Reynolds, the Economic Secretary of the Treasury, said that the UK was not looking to mirror the US in creating a national crypto stockpile. Reynolds did, however, say that the UK supported the US on increasing Web3-focussed collaborative efforts.Â
-
Dubai's MBS Global Investments to Build $9 Billion Financial Hub in the Maldives: Report
Dubai-based MBS crypto exchange is set to allocate $8.8 billion (roughly Rs. 74,164 crore) over a period of five years to grow the Web3 ecosystem in Maldives. The creation of the "Maldives International Financial Centre" is the focus point of Maldives' crypto-related masterplan, Financial Times claimed in its report.
-
Binance Partners With Kyrgyz Republic to Introduce Crypto Payments, Increase Web3 Awareness
The government of the Kyrgyz Republic signed a Memorandum of Understanding (MoU) with Binance on May 4 aiming at a long-term partnership. Sadyr Nurgozhoevich Japarov, the President of the land-locked central Asian country, was present for the MoU signing.
-
Bitcoin Price Drops to $94,000 Ahead of US FOMC Meeting as Altcoin Momentum Slows
The overall crypto market dipped by 1.50 percent in the last 24 hours. On Monday, May 5, Bitcoin and Ether both registered small losses. Majority altcoins dropped in their prices as the Federal Open Market Committee (FOMC) gets set to assess US' economic status this week. Market is volatile and analysts advice caution to investors.
-
At World's Largest Crypto Event, Loud DJ, Parade Of Lamborghinis, Pornstar
The world's largest crypto event, called Token2049, was held in Dubai at the Madinat Jumeriah Resort from April 30 to May 1.
-
Bharat Web3 Association to Host Web3 Cybersecurity Workshop in Bengaluru on May 8
The Bharat Web3 Association has announced a cybersecurity workshop to be hosted in Bengaluru on May 8. Sridhar Govardhan, the chief information security officer (CISO) of CoinDCX has been invited to discuss the lessons that can be taken from recent breaches that dented the Web3 space. Other senior members from companies like CoinSwitch and Mudrex a...
-
Bitcoin Price Crosses $96,000 for the First Time Since March, Ongoing Rally Boosts Altcoin Prices
The overall crypto market cap rose by nearly two percent in the last 24 hours. Bitcoin and Ether joined the rally on Friday. Cardano, Avalanche, and Chainlink also registered profits. Meanwhile, Tether and Monero recorded losses.
-
$12 Billion Firm's Co-Founder Says Gen Z Employees "Makes Me Want To Pull My Hair Out" But...
Huang admits that integrating Gen Z talent like Noyes wasn't smooth at first.
-
Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.
