Prosecutors on Friday indicted 32 people on fraud and money laundering charges related to the cryptocurrency trading platform ACE Exchange, recommending sentences of at least 20 years in prison for the four primary suspects. Among those indicted by the Taipei District Prosecutors’ Office were ACE Exchange founder David Pan (潘奕彰), his business partner, Lin Keng-hong
Last updated: April 26, 2024 01:18 EDT | 1 min read Cboe plans to close its spot crypto trading platform by Q3, with cash-settled crypto futures moving to the Cboe Futures Exchange by 2025. Cboe also plans to streamline its digital asset operations, it said on Thursday. Its digital asset derivatives will be integrated into
Last updated: April 25, 2024 23:41 EDT | 2 min read The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of crypto money-transmitting services that are not registered as Money Services Businesses (MSBs) in accordance with United States federal law. These laws, outlined in 31 USC § 5330
GET Protocol $GET Airdrop Claiming Guide GET Protocol $GET airdrops are an intriguing facet of the cryptocurrency world, where free tokens are distributed to the community, often to promote a new cryptocurrency or to reward loyal supporters of a project. Understanding how to participate in these events not only boosts your digital asset holdings but
The San Francisco-based Anchorage Digital has its commercial settlement structure, Atlas, that effectively serves as a channel for institutional clients in the crypto market. Anchorage Digital, known for its security and regulatory will introduce improvements in the speed of crypto trading and simplify this process among institutional actors. The Atlas network is established on Anchorage
Two bills meant to strengthen regulations on cryptocurrency mining in Arkansas will go to the state House of Representatives next week. If approved by the chamber, the proposed legislation could be on Gov. Sarah Huckabee Sanders’ desk by Wednesday and would go into effect immediately upon her signature. Senate Bill 78 and Senate Bill 79,
Tools for Humanity, the company behind Sam Altman’s iris-scanning project, Worldcoin, has dropped hints that it soon could be collaborating with major tech and finance companies, according to Bloomberg. “There’s some natural things in how we might and will work together,” said Alex Blania, Tools for Humanity’s CEO, regarding a potential partnership with OpenAI. “But
Last updated: April 25, 2024 17:00 EDT | 2 min read Cardano Blockchain founder Charles Hoskinson reminded the cryptocurrency community of digital currencies’ true purpose and ethos in a sentimental April 25 X post . He emphasized that their use case extends far beyond trading. Hoskinson drove his point home with a powerful quote from
Diogo Mónica (left) and Nathan McCauley (right) cofounders of Anchorage Digital. “Our federal bank charter explicitly permits Anchorage Digital Bank to offer custody and settlement services, giving Atlas participants that participate in settlement using Anchorage Digital Bank the highest levels of regulatory protections,” McCauley said. The San Francisco-based cryptocurrency platform Anchorage Digital is launching its
The blockchain race is about to get even more crowded: Movement Labs, a San Francisco–based software development team that’s building a layer 2 Ethereum blockchain, has closed a $38 million funding round, Fortune has exclusively learned. Polychain Capital, the crypto VC mega firm led by Coinbase alum Olaf Carlson-Wee, led the Series A, with participation