Crypto News

Bitmex Settles for $100M in Money-Laundering Case After DOJ Allegedly Demanded $420M

Bitmex has been ordered to pay a $100 million fine after a protracted legal battle stemming from violations of U.S. money-laundering regulations. Bitmex Hit with Additional $100 Million Fine Over Bank Secrecy Act Breach In July 2024, HDR Global Trading Limited, the operator behind the Bitmex exchange, admitted guilt in contravening the U.S. Bank SecrecySource link

‘Doom’ Runs on Bitcoin, Dogecoin and ChatGPT—And Now in PDFs Too

Will it run Doom? Probably. Now someone has even managed to get the iconic first-person shooter working in a PDF.Source link

Report: Tether Sues Swan Bitcoin Amid Claims of Secret Meetings and Broken Agreements

A report reveals that Tether, the world’s leading stablecoin issuer, has reportedly initiated legal action against the bitcoin-focused firm Swan Bitcoin. Proceedings are said to have been filed in the High Court of England and Wales, marking the latest development in this unfolding dispute. Report Says Tether Has Filed a Lawsuit Against Swan Bitcoin inSource link

Good Riddance to Gary Gensler

On Jan. 20, 2025, the United States will start a new chapter in more ways than one. While the nation will be focused on President Trump's inauguration as our 47th President, the U.S. financial sector will be celebrating the resignation of Joe Biden's Securities and Exchange Commission Chair, Gary Gensler.As a member of the House Financial Services Committee, I am well aware of Gensler's heavy-handed approach in stifling innovation and shackling the American economy's engine. His punitive stance was particularly damaging in the burgeoning field of cryptocurrency and blockchain technology.While touting his actions as measures to protect investors, Gensler leveraged contrived ambiguity to undermine the growth and technological advancements that make U.S. markets competitive and drive promising projects offshore, including...

Solana DeFi Exchange Jupiter Launches Rewards Checker Ahead of $575 Million Airdrop

Users of Solana decentralized exchange Jupiter can check to see if they're eligible for a share of the next "Jupuary" airdrop.Source link