Category: Crypto

Key Points: Thodex founder sentenced to 11,196 years for fraud and money laundering. Thodex’s collapse resulted in losses estimated at $13M to $2.6B in crypto. Ozer fled to Albania after Thodex went b...

XRP, a cryptocurrency, has been remarkably stable at around $0.50 despite market ups and downs. Technical analysis indicates two significant resistance levels: one at $0.5027 (the 50-day EMA) and anot...

Extremely good news has permeated the crypto sector over recent weeks. However, the price of bitcoin and other cryptocurrencies remain depressed. If crypto were firmly in bull territory, recent news w...

In a Sep. 6 press release, the Federal Bureau of Investigation (FBI) said North Korea-backed hacker group Lazarus was behind the attack on crypto casino, Stake. Stake reported unauthorized transaction...

The CFTC has taken action against three DeFi firms for violating federal laws relating to digital asset derivatives trading. In orders dated Thursday, the CFTC charged Opyn, ZeroEx and Deridex with op...

Tangem, a business specializing in hardware wallets and based in Zug, Switzerland, has recently unveiled plans for a comprehensive product upgrading and rebranding initiative aimed at bolstering its m...

Fatih Özer, the founder of the failed crypto exchange Thodex, has been sentenced to 11,196 years, equivalent to 466 life sentences, in Turkish prison, Bloomberg reported on Sept. 7. Özer was sentenced...

The Securities and Exchange Commission (SEC), a U.S. government oversight agency, alleged that Linus Financial, a crypto firm, offered and sold its retail crypto lending product. Linus Financial was o...

The long-drawn-out case against the Thodex crypto exchange had 21 defendants. 16 defendants were acquitted of “qualified fraud” for lack of evidence. The CEO, Faruk Fatih zer, and his two siblings rec...

Changpeng Zhao dismisses the prevailing FUD, assuring the company’s stability. The company has been embroiled in a series of gossip over the past few days. Crypto enthusiasts offer support to Zhao con...

Cryptocurrency can feel like a distant concept to the ordinary person. There are occasional reports of epic market rallies, but there is a need to ease handling, storage, and spending crypto. After al...

Linus Financial, a Tennessee-based financial technology company, has settled with the US Securities and Exchange Commission for alleged securities laws violations. Linus agreed to stop offering its re...

The crypto market faces a stormy horizon as a prominent analyst and a report send warning signals about the future of both digital assets and big tech stocks.  In a recent strategy session, Nicholas M...

Michaël van de Poppe — CEO and founder of MN Trading — teaches three trading concepts that can be applied to low market-cap cryptocurrencies, as certain altcoins are showing “momentum” with “massive b...

The Securities and Exchange Commission (SEC) has settled charges with Linus Financial, Inc. over its failure to register the offers and sales of its crypto lending product, known as the Linus Interest...

Multichain crypto refers to a concept where multiple blockchain networks can interoperate and communicate with each other, allowing assets and data to move seamlessly across different chains. This app...

Fortunes can be made – or lost – overnight in the cryptocurrency market. It’s critical to keep your ear to the ground if you want to stay informed in this rapidly evolving climate.If there’s one group...

After interacting with a malicious link set up by phishing scammers, a crypto whale lost millions in liquid staking derivatives Rocket Pool Ethereum (rETH) and Lido staked Ethereum (stETH). Scammers d...

XRP has once again found itself in a state of relative stability. Despite minimal gains, the crypto is holding firm at $0.5, showcasing a remarkable resilience over the past 24 hours. However, the int...

Commodities Futures Trading Commission Commissioner Caroline Pham thinks a government-run timed pilot program could be the answer for crypto regulation.  The CFTC can sponsor a program to “support the...

The SEC filed suit in 2022 alleging the blockchain-based file-sharing network had violated federal securities laws with the sale of its native LBRY credits (LBC), which the firm maintained were not se...

The post Thodex Founder Sentenced to 11 Years in Jail for Crypto Fraud! appeared first on Coinpedia Fintech News Founder of Thodex, Faruk Fatih Ozer, has been sentenced to over 11,000 years in jail fo...

In a recent development, CFTC Commissioner Caroline D. Pham has introduced an idea that could reshape the way cryptocurrency is regulated in the U.S. This proposal, termed as a time-limited crypto pil...

The IMF and FSB have released a joint synthesis paper containing its policy recommendations for crypto assets.  At the request of the G20, the International Monetary Fund (IMF) and Financial Stability...

The U.S. FBI has pointed at the notorious Lazarus hacker group, with ties to North Korea, as the mastermind behind a $41 million theft from Stake[.]com. The heist, which sent shockwaves through the wo...

Grab, a hugely popular ride-hailing super app in Southeast Asia, has announced the integration of Web3 services to its platform. Grab has a staggering 180 million user base, and the move could have si...

For all its blemishes and blowups, blockchain technology resembles an early internet that evolved from obscure to ever-present, Visa’s Head of Blockchain Cuy Sheffield wrote in a blog post on Wednesda...

Popular crypto influencers in China are facing a harsh reality as Beijing-based social media giant Weibo recently purged 80 of its most prominent crypto influencers. This move comes as China maintains...

There has never been a greater demand for effective and economical cross-border payment solutions in our linked world. Here come digital currencies, the ground-breaking financial instruments that are ...