Apple - Page 26 of 26

Genesis settles with the SEC, agreeing to a $21 million penalty

Genesis Global Capital, LLC has consented to a substantial $21 million fine to resolve Securities and Exchange Commission (SEC) charges. The SEC’s announcement on March 19, 2024, detailed the charges against the firm for the unregistered offer and sale of securities through its crypto asset lending program, known as the Gemini Earn program. This settlement … Continue reading Genesis settles with the SEC, agreeing to a $21 million penalty

Trezor's Social Media Compromised, Fake $TRZR Token Presale Promoted

Trezor, a leading hardware wallet manufacturer, recently found itself at the center of a security incident that has once again highlighted the vulnerabilities associated with social media platforms. According to reports from independent blockchain investigator ZachXBT and the crypto security service Scam Sniffer, Trezor’s social media accounts were used to promote fraudulent presale token offerings … Continue reading Trezor's Social Media Compromised, Fake $TRZR Token Presale Promoted

Binance CEO reportedly made a secret visit to South Korea

Richard Teng, CEO of Binance, has reportedly made a secret visit to South Korea to negotiate with financial authorities regarding the “Gopax” issue, according to News1. The purpose of his visit and the details of the negotiations are yet to be disclosed. Binance is one of the largest cryptocurrency exchanges in the world, and it … Continue reading Binance CEO reportedly made a secret visit to South Korea

Hong Kong Crypto Exchange HKVAEX Announces Phased Shutdown

HKVAEX, a cryptocurrency exchange based in Hong Kong, has announced a phased suspension of its services, culminating in the full closure of its platform. This decision comes amidst a backdrop of increasing regulatory scrutiny in the global cryptocurrency industry. HKVAEX’s service suspension coincides with a period of heightened regulatory focus, especially in regions like Hong … Continue reading Hong Kong Crypto Exchange HKVAEX Announces Phased Shutdown

BlackRock's iShares Bitcoin Trust Soars, CEO Fink Bullish on BTC Future

The financial world has witnessed a monumental event as BlackRock’s iShares Bitcoin Trust (IBIT) has seen an unprecedented inflow of $13.5 billion within the first 11 weeks of trading. The groundbreaking exchange-traded fund (ETF), which offers investors exposure to Bitcoin without direct ownership of the cryptocurrency, has been setting records, with a daily trading high … Continue reading BlackRock's iShares Bitcoin Trust Soars, CEO Fink Bullish on BTC Future

Tornado Cash Co-Founder Seeks Dismissal of Money Laundering Charges

Roman Storm, one of the co-founders of the privacy-focused Ethereum mixer Tornado Cash, has put forward a motion to dismiss the charges of money laundering and the breach of the International Emergency Economic Powers Act (IEEPA) leveled against him. The legal representatives of Storm argue that the decentralized application (dApp) was designed to operate autonomously … Continue reading Tornado Cash Co-Founder Seeks Dismissal of Money Laundering Charges

Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

The cryptocurrency exchange Binance is confronting increased regulatory pressures in Nigeria as authorities have escalated their accusations against the global digital asset platform. In a recent turn of events, Binance has been accused of facilitating activities that allegedly contributed to the crash of the Nigerian currency, the naira, in February 2024. These developments come despite … Continue reading Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury

A jury in the US District Court for the Southern District of New York has found Terraform Labs and its co-founder Do Kwon liable for defrauding investors. The verdict was handed down after deliberations that declared the company had engaged in the unlawful offering and selling of crypto asset securities, bypassing the regulatory framework established … Continue reading Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury

What is Nowruz?

Nowruz, also spelled as Norouz, Navruz, or Nawruz, is a traditional festival that marks the Persian New Year and the arrival of spring. It is celebrated by various communities in different countries, particularly those with Persian and Central Asian cultural backgrounds. Nowruz has ancient roots dating back thousands of years and is deeply intertwined with … Continue reading What is Nowruz?