Cryptocurrency exchange Binance has been banned from operating in the U.K. by the country’s markets regulator, in the latest sign of a growing crackdown on the crypto market around the world. Britain’s Financial Conduct Authority said Saturday that Binance Markets Limited, the U.K. division of Binance, ...Read More

In 2017, Caitlin Long, a former managing director at Morgan Stanley, was just trying to donate some Bitcoin to her alma mater, the University of Wyoming, she says. But the University of Wyoming wasn’t set up to accept Bitcoin donations, and because her Bitcoin ...Read More

A significant share of bitcoin’s current supply remains highly concentrated in a few wallets casting the spotlight on the asset’s decentralized nature. According to data by cryptocurrency intelligence platform Coinmetrics, as of June 14th, 2021, the bitcoin supply held by the wealthiest 10% addresses stands ...Read More

On May 22nd, a crypto finance project called DeFi100 posted a message to its website: “We scammed you guys and you can’t do shit about it. HA HA. All you moon bois have been scammed and you can’t do shit about it.” Screenshots of ...Read More

Elon Musk has “destroyed lives” through irresponsible tweets that have recently roiled cryptocurrency markets, a group claiming to represent the hacker collective Anonymous said in a weekend video. The nearly four-minute video, posted Saturday, attacked the Tesla Inc. TSLA, 1.32% chief executive for being “another narcissistic rich ...Read More

Known for pioneering cryptocurrency XRP, Ripple has been caught in a high-stakes legal tussle with the U.S. Securities and Exchange Commission since last year. Ripple CEO Brad Garlinghouse doubled down on his frustration surrounding the lack of clarity in U.S. regulation of digital assets in an appearance ...Read More

Of all financial markets, the crypto market appears to be the most susceptible to frauds due to the anonymity of transactions. However, over the years, several financial regulators in many countries have ramped up their crypto enforcement actions. One of such agencies the U.S. ...Read More