Latest News

3 April

South Korean Prosecutors Unveil Fusionist (ACE) Token Price Manipulation Scheme

In a groundbreaking investigation, South Korean prosecutors have revealed a sophisticated scheme to manipulate the price of the Fusionist (ACE) cryptocurrency token. The case highlights the growing concerns over market manipulation in the rapidly evolving world of digital assets and underscores the challenges faced by regulators in maintaining fair and transparent markets. The investigation, led by South Korea’s Financial Crimes …

3 April

Galaxy Digital’s UK Arm Gains FCA License, Eyes Derivatives Expansion

Galaxy Digital’s UK subsidiary has secured approval from the UK’s Financial Conduct Authority (FCA), paving the way for an expansion into crypto derivatives trading. The move marks a significant step for the firm’s European operations as it looks to capitalize on growing institutional demand for regulated digital asset products. What the FCA License Means The FCA registration allows Galaxy Digital’s …

3 April

NY Mayoral Frontrunner Cuomo Advised OKX Amid Federal Probe: Report

A new report reveals that New York mayoral frontrunner Andrew Cuomo worked as a paid advisor to cryptocurrency exchange OKX while the company was under federal investigation. The revelation raises questions about Cuomo’s ties to the crypto industry and potential conflicts of interest as he campaigns for office. Cuomo’s Role with OKX According to sources, Cuomo was brought on as …

3 April

Crypto Fear & Greed Index Plunges to 25, Signaling ‘Extreme Panic’ in Markets

The Crypto Fear & Greed Index has dropped to 25, indicating a return to “Extreme Panic” as market sentiment sours. The sharp decline reflects growing uncertainty among investors, driven by recent volatility, regulatory pressures, and macroeconomic concerns. Why the Fear & Greed Index Matters The Fear & Greed Index measures market sentiment on a scale from 0 (Extreme Fear) to …

3 April

South Korea Weighs Green Light for Foreign Crypto Investment Under AML Safeguards

South Korea is considering allowing foreign investors to participate in its domestic cryptocurrency market, provided they comply with anti-money laundering (AML) regulations. The potential policy shift could open one of Asia’s most active crypto markets to international traders while maintaining strict oversight to prevent illicit financial activities. Regulatory Considerations The South Korean Financial Services Commission (FSC) is reviewing changes that …

2 April

US Treasury and Federal Agencies to Reveal Crypto Holdings in Transparency Push

In a move toward greater financial transparency, the U.S. Treasury and various federal agencies are set to disclose their cryptocurrency holdings. This initiative comes amid growing public and legislative interest in the government’s involvement in digital assets, particularly as regulators continue to shape policies around the rapidly evolving crypto market. The disclosure will provide insight into how government agencies manage, …

2 April

Stablecoin Giant Circle Sets Sights on NYSE with IPO Filing

Circle, the issuer of the USDC stablecoin, has officially filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE), marking a significant step in its journey toward becoming a publicly traded company. The Boston-based fintech firm announced its IPO registration with the U.S. Securities and Exchange Commission (SEC), though specific details such as the number of …

2 April

Neo Foundation Refutes Token Sale Claims, Investigates Binance Transfers After Sharp Drop

The Neo Foundation has denied allegations of large-scale token sales following a sharp 35% decline in the price of NEO, the network’s native cryptocurrency. The organization also announced an internal investigation into recent token transfers to Binance, which some community members suspect may have contributed to the sudden price drop. The controversy emerged after blockchain analysts noticed significant NEO token …

2 April

UK Trade Groups Call for Crypto Envoy and Strategic Action Plan

Leading UK trade associations are urging the government to appoint a dedicated crypto envoy and implement a comprehensive action plan to support the country’s growing digital asset industry. The call comes as the UK seeks to position itself as a global hub for cryptocurrency innovation while ensuring regulatory clarity and investor protection. The trade groups argue that a government-appointed crypto …

2 April

SEC and Gemini Seek 60-Day Pause in Legal Battle Amid Settlement Talks

The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Gemini have jointly requested a 60-day pause in their ongoing legal dispute, indicating possible settlement discussions. The case, centered on Gemini’s Earn program, has been a focal point in the broader regulatory scrutiny of crypto lending services. The SEC sued Gemini in early 2023, alleging that the Earn program constituted …