Latest

KuCoin is appealing a substantial penalty issued by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for failing to properly register and not reporting suspicious transactions potentially linked to money laundering and terrorist financing. The exchange, operating as Peken Global Limited, faces a fine exceeding $19 million CAD

The SEC's recent approval of new listing standards for commodity-based trust shares signals a potential acceleration in the launch of spot crypto ETFs. Experts like Bloomberg's James Seyffart view this as a positive step towards increased ETF offerings in the crypto market, particularly benefiting from clearer

Guido Reichstadter has been on a hunger strike outside Anthropic's San Francisco headquarters for 24 days, protesting against the perceived dangers of advanced AI. He demands that Anthropic, led by CEO Dario Amodei, recognize the existential risks associated with superintelligent AI and halt its development. Reichstadter has consumed

Cloudflare has announced its entry into the digital asset market with the NET dollar, a US dollar-backed stablecoin aimed at supporting instant transactions by AI agents. The stablecoin is designed for programmatic payments, enabling tasks such as purchasing flights or ordering goods automatically. Matthew Prince, Cloudflare's CEO, envisions

KuCoin has been faced with a significant anti-money laundering penalty of $14 million (over $19.5 million CAD) from Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC). The regulator's announcement came after the exchange failed to comply with Canadian anti-money laundering regulations. Specific violations included not registering

Bitcoin has fallen to a three-week low below $109,000, inciting concerns among traders ahead of a $22 billion monthly options expiry on Friday. In the lead-up to the expiry, market sentiment appears mixed as traders have reduced bullish positions, triggering $275 million in liquidations for leveraged bets. Amidst this

Michael Saylor, co-founder of Strategy, stirred debate in the Bitcoin community with his recent social media repost regarding a controversial change in Bitcoin's codebase. This change involves increasing the data storage capacity of the OP_RETURN opcode, as outlined in the upcoming Bitcoin Core v30 release. While proponents