Crypto.com Fined $3.1M by Dutch Regulator for Operating Without Registration
The Dutch central bank announced the fine was imposed for non-compliance before the company registered with the regulator.
Financial
May 2025
Financial
Developers Upload Script of Jerry Seinfeld’s ‘Bee Movie’ on Ethereum as Gas Fees Plunge After Dencun
Copying and pasting the Bee Movie script is a niche internet göğüs that originated on Tumblr and quickly spread to Reddit, YouTube, Facebook, and other social media platforms.
Financial
Beware of Bitcoin’s ‘Rising Wedge,’ Chart Analyst Says
“Normally rising wedges resolve bearish,” crypto analyst and trader Josh Olszewicz told CoinDesk.
Financial
Australian Court Dismisses Lawsuit by Market Regulator Against Finder in ‘Landmark’ Ruling for Crypto Industry
The court found that The Australian Securities and Investment Commission (ASIC) did “not establish that the Finder Earn product is a debenture” and ordered it to hisse the defendant’s costs.
Financial
FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says
Deputy Treasury Secretary Wally Adeyemo wrote a letter to lawmakers discussing the extent to which Hamas may be using crypto.
Financial
Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.
Financial
Michael Saylor’s MicroStrategy Raising Another $500M to Buy More Bitcoin
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
Financial
Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says
Bitcoin nearly doubled in price since late January, but a “counter move seems to be near,” Swissblock analysts said.
Financial
U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims
The $2.3 million includes $400,000 tied to a pig butchering scam that targeted a Massachusetts resident.
Financial
Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product
The judge found that the SEC’s complaint “plausibly alleges” that the two crypto firms offered and sold unregistered securities via Gemini Earn.