South Korean watchdog probes Coinone after MOVE price soared x46k times: report
South Korea’s financial watchdog is investigating the Coinone crypto exchange over Movement’s token sharp price swings, raising concerns over potential unfair trading. A major investigation is underway into Korean crypto…
Crypto scammers ordered to pay $5m for IcomTech Ponzi
Five promoters behind the IcomTech Ponzi scheme have been ordered to pay $5 million in civil penalties and restitution for defrauding investors via a fake cryptocurrency trading platform. According to…
Pudgy Penguin NFT price exceeds Bitcoin’s price on OpenSea
Pudgy Penguins, an Ethereum-based NFT collection, has surpassed Bitcoin’s price on OpenSea. The collection’s most expensive Penguin is now for sale at 50.3093 ETH or $197,508.78 on on the NFT…
a16z Crypto policy lead Brian Quintenz interviewed for CFTC Chair position: report
Former commissioner and current Chief of Policy at a16z Crypto, Brian Quintenz, is reportedly in the running to lead the Commodity Futures Trading Commission under the Trump administration. According to…
a16z-backed lending crypto protocol Compound Finance unveils $1m in bug bounty
Compound Finance has launched a $1 million bug bounty program on Immunefi to strengthen its protocol’s security. Cryptocurrency lending protocol Compound Finance has introduced a bug bounty program offering rewards…
India’s chief economic advisor calls for regulation that doesn’t hinder crypto innovation
India’s chief economic advisor wants regulators to foster innovation in the cryptocurrency sector while upholding transparency and accountability. Speaking at the Global Economic Policy Forum 2024, V. Anantha Nageswaran, the…
Bitcoin ETFs see continued inflows as BTC climbs back above $100K
Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the…
Australia fines Kraken’s operator $5m for unlawful credit facility
Kraken’s Australian entity, Bit Trade, is facing a multi-million fine for failing to comply with rules requiring a target market determination for its margin extension product. The Australian operator of…
Vancouver City Council passed motion to make the city “Bitcoin-friendly”
On December 11, Vancouver city councilors voted in favor of Mayor Ken Sim’s motion to make the city “Bitcoin-friendly” and authorize staff to look into holding cryptocurrency in reserve. Mayor…
Donald Trump holds $2.2m in TROG, more than Ethereum
The U.S. President-elect Donald Trump is known as a crypto figure and now holds TROG more than any other crypto on his portfolio. According to Arkham Intelligence data on Dec.…