Ho Kai Xin, a former payroll manager with Bybit, was handed a six-week jail sentence for flouting court orders following a $4.6 million theft from the exchange.
Ho was ordered in 2022 by a civil court not to use the funds she lifted from Bybit, but the 32-year-old woman spent $840,000 from the funds on…
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Nasdaq has submitted a proposal to the SEC for a diversified cryptocurrency ETF, aiming to improve market integrity while providing investors with broad digital asset exposure.
Nasdaq has formally submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that tracks a basket of cryptocurrencies. The proposal…
India’s ED seizes $198 million in cryptocurrency linked to the BitConnect Ponzi scheme, exposing one of the largest crypto fraud cases in history.
India Cracks Down on BitConnect Ponzi Scheme
India’s Directorate of Enforcement (ED) has seized cryptocurrencies worth approximately Rs. 1,646 crore ($198 million) in connection with the BitConnect Ponzi scheme, marking one of…
Crypto leaders from Coinbase and Ripple are backing Elon Musk’s DOGE initiative, calling for SEC reform to curb regulatory overreach and protect blockchain innovation.
DOGE Initiative Calls for SEC Oversight Review
Elon Musk’s Department of Government Efficiency (DOGE) is seeking public input on inefficiencies within U.S. federal agencies, with a specific focus on the Securities…
Coinbase urges Congress to act on crypto law reform, outlining 6 priorities to protect consumers and prevent blockchain innovation from leaving the U.S.
Coinbase Calls for Urgent Crypto Legislation
Crypto exchange Coinbase (Nasdaq: COIN) is urging Congress to address gaps in U.S. crypto regulation, outlining six key priorities to protect consumers and ensure digital asset…
Nigeria files an $81.5B lawsuit against Binance over alleged economic losses, tax violations, and currency manipulation.
Democrats accuse Musk of unchecked authority within DOGE, while Trump defends his involvement amid ongoing legal challenges.
Nasdaq proposes new digital asset-based investment product rules, including reclassifying the NCIQ ETF and new altcoin ETFs.
South Korea’s FSC will allow institutional investors to open crypto trading accounts in H2 2025, with safeguards to manage risks. Learn more about the pilot program.
FSC Opens Crypto Trading for Qualified Investors
South Korea’s Financial Services Commission (FSC) announced on Feb. 13 that it will permit institutional investors, including listed companies, to open virtual…
Fold Holdings Inc. becomes the first bitcoin financial services company to go public on Nasdaq after merging with FTAC Emerald. Learn about its expansion and market impact.
Bitcoin Rewards Platform Fold Goes Public After SPAC Merger
Fold Holdings Inc. is set to make history as the first bitcoin financial services company to go public, following…
