A former top executive at the collapsed cryptocurrency lender Celsius has been sentenced to time served after pleading guilty to fraud and conspiracy charges. Roni Cohen-Pavon, who served as the company’s chief revenue officer, received the sentence from Judge John Koeltl in the U.S. District Court for the Southern District of New York on Wednesday. […]
South Korean cryptocurrency investors have dramatically reduced their holdings over the past year, with total crypto assets falling to 60.6 trillion won ($41.4 billion) by the end of February 2026 — a drop of more than half from 121.8 trillion won ($83.3 billion) recorded in January 2025. The data, reported by The Chosun Daily and […]
South Korean investors have dramatically reduced their cryptocurrency exposure over the past year, with total holdings falling from $83.3 billion to $41.4 billion as capital rotated into the stock market. The 50% decline reflects both falling crypto prices and a broader shift in investor sentiment toward traditional equities. Market data reveals steep decline According to […]
Australian federal police have seized 52 Bitcoin valued at approximately $4.1 million (5.7 million Australian dollars) in what authorities describe as one of the country’s largest cryptocurrency seizures linked to an illegal darknet marketplace. The operation, conducted by Strike Force Andalusia under the New South Wales Police Force’s Cyber Crime Squad, culminated in a search […]
Payward, the parent company of cryptocurrency exchange Kraken, has formally applied for a national trust company charter with the US Office of the Comptroller of the Currency (OCC), marking the latest effort by a digital asset firm to move closer to traditional banking infrastructure. What the OCC application means for Kraken and its users In […]
Two political action committees affiliated with the cryptocurrency-backed Fairshake network reported a combined $7.2 million in media expenditures this week, targeting congressional races in Georgia, Texas, Kentucky, Alabama, and Nebraska. The filings, submitted to the Federal Election Commission, come less than six months before the 2026 midterm elections and signal the growing influence of digital […]
WASHINGTON, D.C. — March 28, 2026: Senator Elizabeth Warren has intensified scrutiny of Chinese cryptocurrency mining giant Bitmain, demanding answers from the Commerce Department about potential national security threats. This development follows ongoing federal investigations into whether Bitmain’s mining equipment could enable espionage or disrupt America’s power infrastructure. Bitmain Investigation Expands Under Congressional Pressure Senator […]
SEOUL, South Korea – The Bank of Korea is pushing lawmakers to mandate emergency “circuit breakers” for cryptocurrency exchanges, a direct response to the staggering market fallout from Bithumb’s $40 billion Bitcoin distribution error earlier this year. This regulatory move signals a significant shift in how South Korean authorities view the risks inherent in digital […]
NEW YORK – March 31, 2026. The U.S. Commodity Futures Trading Commission (CFTC) has formally closed its case against cryptocurrency exchange KuCoin. The exchange’s parent company, Peken Global Limited, agreed to pay a $500,000 civil penalty, according to a court order filed in the Southern District of New York. This settlement resolves allegations that KuCoin […]
A Federal Court of Australia ruling has delivered a significant blow to Binance’s local operations, imposing a $6.9 million penalty on its derivatives unit for systemic failures in client classification and protection. The landmark decision, handed down in Sydney, underscores the intensifying global regulatory scrutiny facing major cryptocurrency exchanges, particularly concerning the safeguarding of retail […]
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