Crypto

Source: Bitcoinist Cryptocurrency exchange KuCoin has pleaded guilty to operating an unlicensed money transmitting business, as reported by Bloomberg.  KuCoin Agrees To Hefty Fines  The plea was made before US District Judge Andrew Carter in Manhattan, who imposed a substantial penalty on KuCoin. The company agreed to pay nearly $300 million in fines and forfeitures,…

Source: Coin Tegraph Acting CFTC Chair Caroline Pham said the commission planned to go “back to basics,” also suggesting the regulator would explore regulatory safeguards. Read Full Article

Source: Coin Tegraph Antonia Perez Hernandez, one of five individuals indicted for their involvement in the Ponzi scheme Forcount, pleaded guilty to conspiracy to commit wire fraud in 2024. Read Full Article

Source: Bitcoinist The top legal executive of Coinbase has dismissed as baseless the allegations that the cryptocurrency exchange was averse to Solana, which he said Coinbase had spent millions of dollars to defend the blockchain network. Coinbase Chief Legal Officer Paul Grewal made these comments in response to claims on X (formerly Twitter) about the…

Source: Coin Tegraph Bitcoin price fell to $97,754 as crypto and stock markets digested the significance of a China-based ChatGPT AI competitor called DeepSeek. Read Full Article

Source: Coin Tegraph With the advent of Web3, decentralized identity solutions (DIDs) are considered key for securing users’ digital footprint. Read Full Article

Source: Coin Tegraph Bitcoin and altcoins saw sharp selling as traders reduced risk following the popular launch of the DeepSeek AI app. Read Full Article

Source: Bitcoinist Bitcoin has slipped below the $100,000 mark for the first time in 10 days, raising concerns among investors as market sentiment takes a bearish turn. The recent dip comes after BTC’s strong rally to new all-time highs, leaving traders questioning whether the momentum has fizzled out or if this is a temporary pause…

Source: Coin Tegraph Crypto ETPs posted another successful week amid US President Donald Trump signing a pro-crypto executive order and Bitcoin reaching a new high. Read Full Article

Source: Coin Tegraph The US dollar dominates the stablecoin industry, but that can soon change, according to former Binance.US CEO and 1Money founder Brian Shroder. Read Full Article