Crypto News

Federal Court Orders My Big Coin to Pay $25 Million Over Deceptive Practices in Cryptocurrency Scheme

In a decisive move against cryptocurrency fraud, a U.S. federal court has ordered nearly $25 million in penalties and restitution against individuals and companies...

Shopify to Roll Out USDC Payments Starting June for U.S. and EU Merchants

Shopify, the e-commerce giant known for powering online storefronts for millions of merchants globally, announced on Thursday that it will soon roll out stablecoin...

Solana Based Protocol Solsniper Shuts NFT Marketplace, Returns User Assets By June 14

Solsniper, a Solana‑based NFT platform, will shut down its marketplace on June 13, 2025. All NFTs will be removed, bids will be cancelled, and...

TRM Labs Hires Former FBI Supervisory Special Agent Christopher Wong to Strengthen Crypto Investigations Team

Christopher Wong, a former FBI Supervisory Special Agent renowned for his work in cryptocurrency-related investigations, has joined blockchain intelligence firm TRM Labs. During his...

Former Australian Financial Adviser Hit With 10-Year ASIC Ban Over $9.6M Crypto Fraud Scheme

Australia’s financial regulator has taken decisive action against a fraudulent digital asset scheme involving over 15 million AUD, marking a significant move in the...

Tether Acquires 31.9% Stake In Canadian Gold Royalty Firm Elemental’s Outstanding Shares

Tether Investments, part of the Tether Group, has bought a large stake in Elemental Altus Royalties, a Canadian gold royalty company. Tether paid for...

Bitrue Exchange Hackers Move $30 Million in Stolen Crypto to Fresh Wallet Addresses

Hackers behind the April 2023 Bitrue exchange breach have made a major move, transferring approximately $30 million in stolen cryptocurrency to a fresh wallet...

Brazil’s Parliament’s Bitcoin Reserve Plan with Proposed 5% Allocation From National Reserves Passes First Committee

Brazil’s House of Representatives has taken a major step toward integrating Bitcoin into its national financial framework with the approval of a groundbreaking proposal...

Ripple CEO Brad Garlinghouse Calls Memecoins “Maybe Grossly, Overrated,” At The XRP Apex 2025

At XRP Apex 2025, a clear difference of opinion emerged between Ripple's top executives over the value of memecoins in the crypto space.  Ripple President...

SEC Deems DeFi Development Corp. Ineligible for Form S-3, Forcing Withdrawal of $1 Billion Offering

DeFi Development Corp. has withdrawn its proposed $1 billion securities offering after the U.S. Securities and Exchange Commission (SEC) determined the firm was ineligible...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...