Market News

U.S. Imposes Sanctions on Cambodian Senator Ly Yong Phat for Cryptocurrency Scams

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Cambodian Senator Ly Yong Phat on September 12 for running crypto scam centers using trafficked workers. Investigations revealed that he ...

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Janus Henderson Explores Securities Tokenization as Latest Asset Manager

Global asset manager Janus Henderson announced its entry into the securities tokenization space on Friday. This move could expand investment access to more investors. In a statement, the US asset ...

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eToro Settles with SEC for $1.5M and Will Halt Trading on Most Cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) announced that trading platform eToro USA LLC has agreed to pay a $1.5 million penalty for operating as an unregistered broker and clearing ...

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The Digital Chamber and Rep. Wiley Nickel Host Bitcoin Roundtable

Congressman Wiley Nickel (D-NC) and The Digital Chamber hosted a Bitcoin roundtable on Wednesday, focusing on policy discussions related to national security, financial inclusion, privacy, and sustainability in the cryptocurrency ...

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Analyst Predicts Major Surge for Top Cryptocurrencies as Presale Hits $1.2M

A leading analyst anticipates significant gains for the new utility meme coin, Crypto All-Stars. Currently in its presale stage, the project is raising funds to build the first unified staking ...

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Former FTX Executive Ryan Salame Returns to Court After Withdrawing Guilty Plea

Ryan Salame, former co-CEO of FTX Digital Markets, reappeared in U.S. District Court on Thursday, September 12, as Judge Lewis A. Kaplan addressed his previously withdrawn guilty plea. FTX endgame: ...

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WazirX Hacker Transfers Nearly $23M in Cryptocurrency to Tornado Cash

The WazirX hacker has so far transferred about $23 million in cryptocurrencies to Tornado Cash after the July breach that saw $234 million stolen from the exchange. On Thursday, Cyvers ...

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New UK Legislation Recognizes Crypto as Personal Property

On Sept. 11, the UK government introduced the “Property (Digital Assets) Bill,” which means that digital holdings, including cryptocurrency, non-fungible tokens (NFTs) such as digital art, and carbon credits, can ...

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Hong Kong Securities Regulator Considers New Licensing for Crypto OTC Services

Hong Kong is considering having its securities regulator oversee over-the-counter (OTC) crypto trading services, in collaboration with the Customs and Excise Department (C&ED). The South China Morning Post reported Thursday ...

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Crypto Industry Ranks as the Second Most Targeted for ID Scams in 2024: Report Finds

The cryptocurrency industry was the second most targeted sector for identity fraud in Q2 2024, according to a report by AU10TIX. Nearly 29% of global identity fraud attempts targeted crypto-related ...

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