Sahil Thakur

SEC fine 4.7

SEC Crypto Fines hit $4.7B in 2024; Terraform Labs account for $4.4B

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The U.S. Securities and Exchange Commission (SEC) has ramped up its enforcement actions against crypto firms in 2024, with fines totaling nearly $4.7 billion—a staggering 3,000% increase from the previous year. The SEC’s enforcement was significantly boosted by its $4.47 billion settlement with Terraform Labs and its former CEO Do Kwon in June, marking the …

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Bitcoin prediction Bernstein

Bitcoin to reach $90k if Trump wins, $30k if Kamala does: Bernstein

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Bitcoin’s future could greatly hinge on the outcome of the upcoming U.S. presidential election, according to analysts from Bernstein. They foresee vastly different trajectories for the cryptocurrency based on whether Donald Trump or Kamala Harris wins. If Trump secures the presidency, bitcoin could soar to between $80,000 and $90,000 by the end of 2024. However, …

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Coinbase Marathon Digital

Crypto stocks including Coinbase & Marathon digital fall

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Cryptocurrency exchange Coinbase experienced its worst trading week of the year, with Bitcoin miner Marathon Digital falling by 20%. A basket of crypto-related stocks tracked by Schwab also dropped to its lowest point since February, reflecting concerns about the U.S. economy and a wider selloff in risky assets. The Nasdaq slid 5.8%, marking its worst …

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Propchain burn

Propchain burn proposal passed: 25% $PROPC to be burnt

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The proposal to burn 25% of the total PROPC token supply has officially passed, signaling a pivotal moment for Propchain. This initiative aims to reduce inflation and improve the token’s overall value by cutting the total supply from 84.9 million to 63.8 million PROPC tokens. The Propchain DAO voted 93.77% in favour of the burn …

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Changpeng Zhao Richard Teng

Changpeng Zhao will never lead Binance again: Richard Teng

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Binance’s CEO, Richard Teng, has confirmed that former CEO Changpeng Zhao (CZ) is permanently barred from managing or operating the crypto exchange. Contrary to previous reports suggesting a three-year ban, Teng clarified that CZ faces a lifetime ban. CZ, who had been sentenced to four months in prison for violating the Bank Secrecy Act, is …

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crypto different countries

Crypto in different countries: Legal, Illegal , developments

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Legality of crypto in different countries The adoption and legality of crypto in different countries has evolved significantly over the years. Since Bitcoin’s launch in 2009, its status has varied, influenced by how governments perceive the impact of digital assets on their economies and financial systems. In the beginning, crypto existed in a legal grey …

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