Court orders BitMEX founders to pay $30M civil penalty
The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act.
‘Decentralized Twitter’ Bluesky releases code, outlines content moderation
Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.”
Hop Protocol reveals details of Hop DAO and Optimism-style airdrop
Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens.
Swan Bitcoin Benefit Plan Helps Companies Reward Employees in Crypto
Early customers of the financial services company’s program are providing monthly bitcoin bonuses of between $50 and $100.
Crypto Sees $400M Liquidated As Bitcoin (BTC) Falls To $36,350
More than $400 million was liquidated from cryptocurrency markets as Bitcoin (CRYPTO: BTC) fell 8% on Thursday to a low of $36,350. What Happened: According to data from Coinglass, total…
First Mover Asia: Thailand Has Already Proven Why Taking Crypto for Luxury Items Isn’t Working
Gucci will begin accepting crypto payments at five stores as part of a wider commitment but the success of its initiatives is uncertain; bitcoin plummets.
CryptoPunks Reaches $2 Billion in All-Time Sales; Gary Vee Reveals His ‘Punks’ Valuation
Buoyed by an increase in sales, CryptoPunks hit a new milestone that places the project just below Axie Infinity when it comes to the all-time ranking of NFTs by volume.…
Why Bitcoin Gold Is Getting Hammered Today
Shares of several popular altcoins, including Bitcoin Gold (CRYPTO: BTG), are trading lower Thursday amid overall market weakness as traders continue to digest Wednesday’s Federal Reserve rate hike announcement. Cryptocurrencies…
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
The three co-founders, Arthur Hayes, Benjamin Delo and Samuel Reed, must each pay $10 million, the CFTC said.
271M Doge Transferred In A Single Transaction: Is Whale Unrest The New Normal?
Nearly 271 million Dogecoin (CRYPTO: DOGE) were moved from multiple addresses to an unknown wallet in a single transaction earlier Tuesday. Dogecoin whales — cryptospeak for big holders — are…